Zacks Research Predicts Weaker Earnings for Everest Group

Everest Group, Ltd. (NYSE:EG) – Research analysts at Zacks Research reduced their Q1 2025 earnings estimates for Everest Group in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst T. De now forecasts that the company will earn $18.56 per share for the quarter, down from their previous forecast of $18.79. The consensus estimate for Everest Group’s current full-year earnings is $58.28 per share. Zacks Research also issued estimates for Everest Group’s Q2 2025 earnings at $19.28 EPS, Q4 2025 earnings at $16.99 EPS, Q1 2026 earnings at $20.50 EPS and FY2026 earnings at $78.30 EPS.

Other analysts also recently issued research reports about the company. UBS Group raised Everest Group to a “hold” rating in a research note on Wednesday, October 9th. TD Cowen decreased their price objective on Everest Group from $444.00 to $419.00 and set a “hold” rating for the company in a report on Monday, November 18th. Jefferies Financial Group upped their price target on Everest Group from $440.00 to $457.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. BMO Capital Markets lowered their price objective on shares of Everest Group from $383.00 to $372.00 and set a “market perform” rating on the stock in a report on Thursday, November 14th. Finally, Bank of America reduced their target price on shares of Everest Group from $496.00 to $485.00 and set a “buy” rating for the company in a report on Thursday, October 10th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $434.10.

Everest Group Trading Up 1.0 %

Shares of NYSE:EG opened at $389.00 on Friday. The firm has a market cap of $16.72 billion, a price-to-earnings ratio of 6.09, a PEG ratio of 2.84 and a beta of 0.63. Everest Group has a 12 month low of $343.76 and a 12 month high of $417.92. The company’s fifty day simple moving average is $380.77 and its 200 day simple moving average is $380.80. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.22.

Everest Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $8.00 annualized dividend and a yield of 2.06%. Everest Group’s dividend payout ratio (DPR) is presently 12.52%.

Insider Transactions at Everest Group

In related news, COO James Allan Williamson sold 200 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $370.00, for a total transaction of $74,000.00. Following the transaction, the chief operating officer now directly owns 15,009 shares of the company’s stock, valued at approximately $5,553,330. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William F. Galtney, Jr. acquired 2,870 shares of the business’s stock in a transaction on Monday, November 4th. The stock was acquired at an average cost of $348.64 per share, with a total value of $1,000,596.80. Following the acquisition, the director now directly owns 32,822 shares in the company, valued at approximately $11,443,062.08. This trade represents a 9.58 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Everest Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American National Bank acquired a new position in shares of Everest Group in the 2nd quarter valued at approximately $27,000. M&R Capital Management Inc. acquired a new stake in shares of Everest Group in the 3rd quarter valued at $29,000. Bruce G. Allen Investments LLC boosted its holdings in shares of Everest Group by 200.0% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 78 shares of the company’s stock valued at $31,000 after purchasing an additional 52 shares in the last quarter. Eastern Bank bought a new position in shares of Everest Group in the 3rd quarter valued at $35,000. Finally, Brooklyn Investment Group acquired a new position in shares of Everest Group during the 3rd quarter worth $39,000. 92.64% of the stock is owned by institutional investors and hedge funds.

About Everest Group

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance 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.