Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Everest Re Group fell $2.02 (-1.4%) to $146.73 on heavy volume. Throughout the day, 642,061 shares of Everest Re Group exchanged hands as compared to its average daily volume of 380,100 shares. The stock ranged in price between $146.32-$149.87 after having opened the day at $148.69 as compared to the previous trading day's close of $148.75. Other companies within the Insurance industry that declined today were:
), down 4.3%,
), down 3.6%,
), down 2.8% and
), down 2.5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
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 $7.2 billion and is part of the financial sector. Shares are down 4.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Everest Re Group a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Everest Re Group
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. 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 4.4%,
), up 3.1%,
), up 2.8% and
), up 2.6% , 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.