Zacks Research Boosts Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EGFree Report) – Research analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of Everest Group in a research note issued on Monday, December 15th. Zacks Research analyst Team now expects that the company will post earnings per share of $43.40 for the year, up from their prior estimate of $42.04. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share. Zacks Research also issued estimates for Everest Group’s Q4 2025 earnings at $12.05 EPS and Q4 2026 earnings at $14.45 EPS.

Everest Group (NYSE:EGGet Free Report) last announced its earnings results on Monday, October 27th. The company reported $7.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $13.39 by ($5.85). Everest Group had a return on equity of 3.74% and a net margin of 3.12%.The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the previous year, the company earned $11.80 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year.

A number of other equities analysts have also commented on EG. Barclays dropped their price objective on Everest Group from $425.00 to $365.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Evercore ISI upped their price target on Everest Group from $380.00 to $384.00 and gave the stock an “in-line” rating in a report on Wednesday, October 1st. Wall Street Zen cut Everest Group from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Everest Group in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Everest Group from $424.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $367.87.

Get Our Latest Research Report on Everest Group

Everest Group Price Performance

Shares of Everest Group stock opened at $328.41 on Thursday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $325.34 and a 200-day simple moving average of $334.56. The stock has a market capitalization of $13.79 billion, a price-to-earnings ratio of 25.01, a PEG ratio of 0.29 and a beta of 0.39. Everest Group has a 1-year low of $302.44 and a 1-year high of $373.23.

Everest Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, November 26th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, November 26th. Everest Group’s payout ratio is 60.93%.

Insider Transactions at Everest Group

In other Everest Group news, Director William F. Galtney, Jr. acquired 11,385 shares of Everest Group stock in a transaction dated Wednesday, October 29th. The stock was bought at an average cost of $307.38 per share, with a total value of $3,499,521.30. Following the acquisition, the director owned 45,491 shares of the company’s stock, valued at approximately $13,983,023.58. The trade was a 33.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Allan Levine bought 3,100 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was acquired at an average cost of $306.08 per share, for a total transaction of $948,848.00. Following the purchase, the director owned 4,153 shares of the company’s stock, valued at $1,271,150.24. This trade represents a 294.40% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Everest Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SVB Wealth LLC acquired a new stake in shares of Everest Group in the first quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in shares of Everest Group during the third quarter worth $30,000. Board of the Pension Protection Fund bought a new position in Everest Group in the second quarter valued at about $34,000. WPG Advisers LLC bought a new position in Everest Group in the first quarter valued at about $37,000. Finally, UMB Bank n.a. increased its position in Everest Group by 81.4% in the third quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 92.64% of the company’s stock.

Everest Group Company Profile

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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.

See Also

Earnings History and Estimates for Everest Group (NYSE:EG)

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