Everest Re Group Ltd. (RE): Today's Featured Insurance Laggard
(
) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Everest Re Group fell $1.42 (-1.1%) to $126.86 on average volume. Throughout the day, 456,248 shares of Everest Re Group exchanged hands as compared to its average daily volume of 398,800 shares. The stock ranged in price between $126.07-$128.73 after having opened the day at $128.44 as compared to the previous trading day's close of $128.28. Other companies within the Insurance industry that declined today were:
(
), down 3.8%,
(
), down 3.8%,
(
), down 2.7% and
(
), down 2.0%.
Everest Re Group, Ltd., through its subsidiaries, underwrites reinsurance and insurance products. It operates in four segments: U.S. Reinsurance, Insurance, International, and Bermuda. The U.S. Everest Re Group has a market cap of $6.3 billion and is part of the financial sector. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Everest Re Group a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Everest Re Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Everest Re Group Ratings Report.
On the positive front,
(
), up 5.8%,
(
), up 3.8%,
Manulife Financial Corporation
(
), up 3.4% and
(
), up 3.1% , were all gainers within the insurance industry with
(
) being today's featured insurance industry leader.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
(
) while those bearish on the insurance industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
null