everest is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. everest reinsurance company underwrites virtually all classes and categories of business in treaty, facultative and specialty lines, both through brokers and directly with ceding companies. primary insurance products and services are available through several subsidiary operations including everest national insurance company, everest indemnity insurance company and everest insurance company of canada. everest professionals, working from several office locations around the world, have the technical expertise and market knowledge to produce tailored solutions precisely fitted to customer needs. explore everest through this web site. begin to experience the capabilities that make everest stand out in today's market.
![Everest logo](/files/LOGO/1095073-RE.png)
Company profile
Ticker
EG
Exchange
Website
CEO
Juan Andrade
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
EVEREST RE GROUP LTD, EVEREST REINSURANCE GROUP LTD
SEC CIK
Corporate docs
Subsidiaries
Everest Underwriting Group (Ireland) Limited • Everest Insurance Company of Canada • Everest Reinsurance Holdings, Inc. • Everest Global Services, Inc. • Everest Reinsurance Company • Everest Indemnity Insurance Company • Everest National Insurance Company • Everest Security Insurance Company • Mt. Whitney Securities, LLC • Everest Denali Insurance Company ...
IRS number
980365432
EG stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Everest Reports First Quarter 2024 Results
29 Apr 24
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
8-K
Departure of Directors or Certain Officers
28 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Everest Reports Fourth Quarter and Full-Year 2023 Results
7 Feb 24
8-K
Regulation FD Disclosure
19 Jan 24
UPLOAD
Letter from SEC
6 Dec 23
Transcripts
EG
Earnings call transcript
2024 Q1
30 Apr 24
EG
Earnings call transcript
2023 Q4
8 Feb 24
EG
Earnings call transcript
2023 Q3
26 Oct 23
EG
Earnings call transcript
2023 Q2
27 Jul 23
EG
Earnings call transcript
2023 Q2
27 Jul 23
EG
Earnings call transcript
2023 Q1
2 May 23
EG
Earnings call transcript
2023 Q1
2 May 23
EG
Earnings call transcript
2022 Q4
9 Feb 23
EG
Earnings call transcript
2022 Q4
9 Feb 23
EG
Earnings call transcript
2022 Q3
27 Oct 22
Latest ownership filings
4
MERYL D HARTZBAND
3 Jul 24
3
Ricardo Anzaldua
31 May 24
4
Geraldine Losquadro
10 May 24
144
Notice of proposed sale of securities
9 May 24
3
Beveren Gail Van
6 May 24
4
MERYL D HARTZBAND
2 Apr 24
4
Juan C Andrade
18 Mar 24
4
MIKE KARMILOWICZ
18 Mar 24
4
MARK KOCIANCIC
18 Mar 24
4
JAMES ALLAN WILLIAMSON
18 Mar 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn |
Cash burn (monthly) | (no burn) | 5.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 21.27 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.52 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 276.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
90.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 601 |
Opened positions | 181 |
Closed positions | 83 |
Increased positions | 173 |
Reduced positions | 181 |
13F shares | Current |
---|---|
Total value | 14.75 tn |
Total shares | 39.16 mm |
Total puts | 117.93 k |
Total calls | 92.20 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.33 mm | $2.12 tn |
Wellington Management | 3.99 mm | $1.59 tn |
BLK Blackrock | 3.74 mm | $1.49 tn |
STT State Street | 1.94 mm | $769.23 bn |
BEN Franklin Resources | 1.28 mm | $510.07 bn |
Boston Partners | 1.20 mm | $475.75 bn |
Geode Capital Management | 1.04 mm | $414.69 bn |
Aqr Capital Management | 1.01 mm | $402.92 bn |
Champlain Investment Partners | 906.10 k | $360.17 bn |
Nuveen Asset Management | 844.90 k | $335.83 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Meryl D Hartzband | Common Shares | Grant | Acquire A | No | No | 381.34 | 81 | 30.89 k | 9,990 |
9 May 24 | Geraldine Losquadro | Common Shares | Sell | Dispose S | No | No | 380.49 | 1,000 | 380.49 k | 12,843 |
1 Apr 24 | Meryl D Hartzband | Common Shares | Grant | Acquire A | No | No | 397.385 | 78 | 31.00 k | 9,909 |
14 Mar 24 | Mike Karmilowicz | Common Shares | Payment of exercise | Dispose F | No | No | 386.6453 | 777 | 300.42 k | 12,995 |
14 Mar 24 | Mike Karmilowicz | Common Shares | Grant | Acquire A | No | No | 386.6453 | 1,521 | 588.09 k | 13,772 |
News
Keefe, Bruyette & Woods Maintains Outperform on Everest Group, Lowers Price Target to $454
12 Jul 24
B of A Securities Maintains Buy on Everest Group, Raises Price Target to $493
11 Jul 24
Morgan Stanley Maintains Overweight on Everest Group, Lowers Price Target to $445
10 Jul 24
Everest Group Increases Quarterly Dividend From $1.75 To $2.00 Per Share
15 May 24
EverQuote Q1 Earnings Top Estimates, Revenues Fall Y/Y
9 May 24
Press releases
Everest Announces Key Claims Leadership Appointments
18 Jul 24
Old Glory Bank Introduces $100,000 Line-of-Duty Death Benefit for Old Glory Protectors
3 Jul 24
Everest Group to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 1, 2024
13 Jun 24
Everest Group Increases Quarterly Dividend to $2.00
15 May 24
Everest Reports First Quarter 2024 Results
29 Apr 24