Everest Group (NYSE:EG – Get Free Report) is one of 90 publicly-traded companies in the “Fire, marine, & casualty insurance” industry, but how does it contrast to its competitors? We will compare Everest Group to similar businesses based on the strength of its analyst recommendations, profitability, earnings, risk, dividends, valuation and institutional ownership.
Insider & Institutional Ownership
94.4% of Everest Group shares are owned by institutional investors. Comparatively, 53.9% of shares of all “Fire, marine, & casualty insurance” companies are owned by institutional investors. 1.4% of Everest Group shares are owned by company insiders. Comparatively, 14.7% of shares of all “Fire, marine, & casualty insurance” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares Everest Group and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Everest Group | 9.14% | 14.92% | 3.26% |
Everest Group Competitors | -4.69% | -17.27% | -0.71% |
Earnings and Valuation
This table compares Everest Group and its competitors gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Everest Group | $12.06 billion | $597.00 million | 11.84 |
Everest Group Competitors | $14.45 billion | -$213.65 million | -22,805.60 |
Everest Group’s competitors have higher revenue, but lower earnings than Everest Group. Everest Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility and Risk
Everest Group has a beta of 0.61, meaning that its share price is 39% less volatile than the S&P 500. Comparatively, Everest Group’s competitors have a beta of 0.62, meaning that their average share price is 38% less volatile than the S&P 500.
Dividends
Everest Group pays an annual dividend of $6.60 per share and has a dividend yield of 1.9%. Everest Group pays out 22.0% of its earnings in the form of a dividend. As a group, “Fire, marine, & casualty insurance” companies pay a dividend yield of 1.2% and pay out 11.9% of their earnings in the form of a dividend.
Analyst Recommendations
This is a breakdown of recent ratings for Everest Group and its competitors, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Everest Group | 0 | 0 | 1 | 1 | 3.50 |
Everest Group Competitors | 562 | 2826 | 2653 | 163 | 2.39 |
Everest Group presently has a consensus target price of $439.50, suggesting a potential upside of 23.70%. As a group, “Fire, marine, & casualty insurance” companies have a potential downside of 1.85%. Given Everest Group’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Everest Group is more favorable than its competitors.
Summary
Everest Group beats its competitors on 11 of the 15 factors compared.
Everest Group Company Profile
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors’ and officers’ liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers’ compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.
Receive News & Ratings for Everest Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Everest Group and related companies with MarketBeat.com’s FREE daily email newsletter.