Everest Re Group is a holding company. Through its subsidiaries, Co.'s principal business is the underwriting of reinsurance and insurance in the U.S., Bermuda and international markets. Co. underwrites reinsurance both through brokers and directly with ceding companies. Co. underwrites insurance principally through brokers, surplus lines brokers and general agent relationships. Co. operates in the following segments: Reinsurance, which is written within U.S. Reinsurance market, International Reinsurance market, and Bermuda Reinsurance market; and Insurance, which writes property and casualty insurance through general agents, wholesale and retail brokers and surplus lines brokers. We show 38 historical shares outstanding datapoints in our RE shares outstanding history coverage, used to compute RE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RE market cap history over the course of time is important for investors
interested in comparing RE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RE versus a peer is one thing; comparing
RE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RE can fluctuate over the course of history.
With this page we aim to empower investors researching RE by allowing them to research the RE market cap history. |
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Video: The Importance of Market Cap
