Everest Group (NYSE:EG – Get Free Report) had its price objective increased by investment analysts at Citigroup from $415.00 to $445.00 in a report released on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup‘s target price would suggest a potential upside of 6.08% from the stock’s current price.
A number of other analysts have also recently issued reports on EG. Evercore set a $377.00 price objective on shares of Everest Group in a research note on Thursday, July 30th. Barclays lifted their target price on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. TD Cowen upped their target price on shares of Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a report on Wednesday, August 19th. Royal Bank Of Canada increased their price target on Everest Group from $455.00 to $475.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Keefe, Bruyette & Woods decreased their price target on Everest Group from $414.00 to $407.00 and set an “outperform” rating on the stock in a report on Monday, October 12th. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Everest Group currently has an average rating of “Hold” and a consensus price target of $417.06.
Check Out Our Latest Stock Report on Everest Group
Everest Group Stock Performance
NYSE:EG traded up $8.53 during mid-day trading on Monday, hitting $419.50. 252,083 shares of the company traded hands, compared to its average volume of 378,639. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The stock’s fifty day moving average price is $378.52 and its 200-day moving average price is $353.16. The firm has a market cap of $16.08 billion, a price-to-earnings ratio of 8.87, a price-to-earnings-growth ratio of 0.57 and a beta of 0.23. Everest Group has a one year low of $304.55 and a one year high of $419.50.
Everest Group (NYSE:EG – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the previous year, the business posted $7.54 EPS. Everest Group’s revenue was down 14.0% on a year-over-year basis. Research analysts anticipate that Everest Group will post 53.32 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Everest Group
Hedge funds have recently made changes to their positions in the company. TFB Advisors LLC boosted its position in shares of Everest Group by 3.4% during the 3rd quarter. TFB Advisors LLC now owns 1,430 shares of the company’s stock valued at $522,000 after acquiring an additional 47 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in Everest Group by 13.8% in the third quarter. Chicago Partners Investment Group LLC now owns 2,088 shares of the company’s stock worth $832,000 after purchasing an additional 253 shares during the last quarter. Provenance Wealth Advisors LLC raised its stake in Everest Group by 1,283.3% during the third quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock valued at $30,000 after purchasing an additional 77 shares in the last quarter. MBA Advisors LLC raised its stake in Everest Group by 25.1% during the third quarter. MBA Advisors LLC now owns 833 shares of the company’s stock valued at $304,000 after purchasing an additional 167 shares in the last quarter. Finally, One Way Holdings LLC bought a new position in Everest Group during the third quarter valued at $7,732,000. 92.64% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Everest Group
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Wells Fargo raised its price target from $396 to $428 while maintaining an “equal weight” rating, implying modest additional upside. Wells Fargo analyst ratings
- Positive Sentiment: Cantor Fitzgerald increased its target from $390 to $419 and kept a “neutral” rating, signaling that its valuation view has improved even though the firm sees limited upside. Cantor Fitzgerald analyst ratings
- Positive Sentiment: Other analyst updates cited targets of $475 and $395, reflecting a wide range of views on Everest’s valuation. Everest Group price target raised to $475 Everest Group price target raised to $395
- Neutral Sentiment: Morgan Stanley reiterated its “hold” rating, suggesting analysts remain cautious despite the recent price-target increases. Morgan Stanley hold rating
- Negative Sentiment: Everest’s third-quarter results were described as facing a margin squeeze. The company previously reported $7.62 in adjusted earnings per share versus a $9.38 consensus estimate, while revenue declined 14% year over year, highlighting pressure on profitability and growth. Everest Group stock gains despite Q3 margin squeeze
- Negative Sentiment: Multiple law firms announced or promoted a securities class action involving investors who purchased Everest securities between February 8, 2024, and October 27, 2025. The lead-plaintiff deadline is December 28, 2026; the litigation may weigh on sentiment and create potential legal costs. Everest Group shareholder class action alert Rosen Everest Group class action notice
About Everest Group
Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.
The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.
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