Media headlines about Everest Re Group (NYSE:RE) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Everest Re Group earned a news impact score of 0.20 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 45.5220550993011 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of Everest Re Group (NYSE:RE) traded up $1.39 during midday trading on Friday, hitting $224.20. 277,995 shares of the stock were exchanged, compared to its average volume of 361,044. The firm has a market cap of $9,150.74, a P/E ratio of 35.20, a P/E/G ratio of 1.10 and a beta of 0.61. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.33 and a quick ratio of 0.33. Everest Re Group has a fifty-two week low of $208.81 and a fifty-two week high of $277.17.

Everest Re Group (NYSE:RE) last announced its quarterly earnings results on Monday, October 30th. The insurance provider reported ($16.43) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.68 by ($20.11). The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.62 billion. Everest Re Group had a return on equity of 2.22% and a net margin of 4.27%. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.53 EPS. equities research analysts forecast that Everest Re Group will post 1.23 earnings per share for the current fiscal year.

A number of analysts have commented on the stock. Barclays cut their price objective on shares of Everest Re Group from $305.00 to $280.00 and set an “overweight” rating for the company in a report on Monday, October 16th. Keefe, Bruyette & Woods reiterated a “sell” rating and issued a $230.00 price objective on shares of Everest Re Group in a report on Friday, October 13th. Wells Fargo & Co set a $240.00 price objective on shares of Everest Re Group and gave the company a “hold” rating in a report on Monday, October 30th. Zacks Investment Research upgraded shares of Everest Re Group from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, UBS Group increased their price objective on shares of Everest Re Group from $230.00 to $245.00 and gave the company a “neutral” rating in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Everest Re Group currently has an average rating of “Hold” and an average price target of $245.44.

In other news, Director John A. Graf purchased 2,285 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average price of $219.07 per share, for a total transaction of $500,574.95. Following the acquisition, the director now directly owns 5,550 shares of the company’s stock, valued at $1,215,838.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William F. Galtney, Jr. purchased 6,000 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were purchased at an average price of $225.29 per share, with a total value of $1,351,740.00. The disclosure for this purchase can be found here. Insiders have bought a total of 8,323 shares of company stock valued at $1,860,654 in the last 90 days. Insiders own 1.30% of the company’s stock.

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About Everest Re Group

Everest Re Group, Ltd., through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. The Company operates in segments: U.S. Reinsurance, International, Bermuda and Insurance segment. The Company underwrites reinsurance both through brokers and directly with ceding companies.

Insider Buying and Selling by Quarter for Everest Re Group (NYSE:RE)

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