NEW YORK (
) -- The ex-dividend date for
) is Monday, August 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $75.81 as of 9:30 a.m. ET, the dividend yield is 2.4%.
The average volume for Everest Re Group has been 398,200 shares per day over the past 30 days. Everest Re Group has a market cap of $4.3 billion and is part of the
industry. Shares are down 10.4% year to date as of the close of trading on Thursday.
Everest Re Group, Ltd., together with its subsidiaries, underwrites reinsurance and insurance in the United States (the U.S.), Bermuda, and international markets. The company operates in five segments: U.S. Reinsurance, U.S. Insurance, Specialty Underwriting, International, and Bermuda. The company has a P/E ratio of 15.6, above the average insurance industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Everest Re Group as a
. 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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full