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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.

Everest Re Group

(

RE

) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.6%. By the end of trading, Everest Re Group rose $1.72 (1.2%) to $144.61 on average volume. Throughout the day, 327,573 shares of Everest Re Group exchanged hands as compared to its average daily volume of 318,300 shares. The stock ranged in a price between $142.68-$145.48 after having opened the day at $143.36 as compared to the previous trading day's close of $142.89. Other companies within the Insurance industry that increased today were:

Crawford & Company

(

CRD.A

), up 4.9%,

First Acceptance Corporation

(

FAC

), up 3.8% and

Crawford & Company

(

CRD.B

TheStreet Recommends

), up 2.9%.

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 $7.0 billion and is part of the financial sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 8.3% 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

as a

buy

. 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

CNinsure

(

CISG

), down 5.1%,

Kingstone Companies

(

KINS

), down 4.6%,

eHealth

(

EHTH

), down 4.6% and

Meadowbrook Insurance Group

(

MIG

), down 2.9% , were all laggards within the insurance industry with

Prudential Financial

(

PRU

) being today's insurance industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.