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.
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)
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
CORRESP
Correspondence with SEC
27 Nov 23
8-K
Regulation FD Disclosure
14 Nov 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
Transcripts
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 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
EG
Earnings call transcript
2022 Q3
27 Oct 22
EG
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn |
Cash burn (monthly) | 100.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 669.35 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.10 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
74.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 569 |
Opened positions | 70 |
Closed positions | 61 |
Increased positions | 217 |
Reduced positions | 196 |
13F shares | Current |
---|---|
Total value | 14.63 tn |
Total shares | 39.54 mm |
Total puts | 134.45 k |
Total calls | 44.86 k |
Total put/call ratio | 3.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.39 mm | $2.00 tn |
BLK Blackrock | 3.29 mm | $1.22 tn |
STT State Street | 1.86 mm | $689.92 bn |
Wellington Management | 1.82 mm | $674.72 bn |
BEN Franklin Resources | 1.31 mm | $486.22 bn |
Boston Partners | 1.23 mm | $458.44 bn |
Champlain Investment Partners | 1.00 mm | $372.95 bn |
Geode Capital Management | 959.62 k | $355.91 bn |
Nuveen Asset Management | 902.93 k | $335.59 bn |
BK Bank Of New York Mellon | 900.18 k | $334.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
14 Mar 24 | Juan C Andrade | Common Shares | Payment of exercise | Dispose F | No | No | 386.6453 | 4,733 | 1.83 mm | 61,456 |
14 Mar 24 | Juan C Andrade | Common Shares | Grant | Acquire A | No | No | 386.6453 | 9,252 | 3.58 mm | 66,189 |
14 Mar 24 | Mark Kociancic | Common Shares | Payment of exercise | Dispose F | No | No | 386.6453 | 1,173 | 453.53 k | 29,862 |
14 Mar 24 | Mark Kociancic | Common Shares | Grant | Acquire A | No | No | 386.6453 | 2,293 | 886.58 k | 31,035 |
14 Mar 24 | James Allan Williamson | Common Shares | Payment of exercise | Dispose F | No | No | 386.6453 | 872 | 337.15 k | 15,209 |
14 Mar 24 | James Allan Williamson | Common Shares | Grant | Acquire A | No | No | 386.6453 | 1,609 | 622.11 k | 16,081 |
News
Morgan Stanley Maintains Overweight on Everest Group, Lowers Price Target to $450
15 Apr 24
Wells Fargo Maintains Equal-Weight on Everest Group, Lowers Price Target to $397
11 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on Everest Group, Raises Price Target to $457
10 Apr 24
Everest Group's Ex-Dividend Date Is Monday, Here's What You Need To Know
13 Mar 24
Reinsurance Gr Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards
27 Feb 24