Published on 18 Jun 2023 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Everest Re Group's (NYSE:RE) recent performance, when its stock has declined 6.4% over the past month. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Everest Re Group's ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for Everest Re Group