Everest Group, Ltd. (NYSE:EG – Get Free Report) Director Laura Hay sold 144 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $418.78, for a total transaction of $60,304.32. Following the transaction, the director owned 1,770 shares in the company, valued at approximately $741,240.60. The trade was a 7.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Everest Group Stock Down 1.0%
NYSE EG traded down $4.21 during trading on Thursday, reaching $417.09. 382,856 shares of the company’s stock traded hands, compared to its average volume of 381,926. Everest Group, Ltd. has a 12-month low of $304.55 and a 12-month high of $431.19. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.35. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 0.57 and a beta of 0.23. The company’s 50 day simple moving average is $381.07 and its two-hundred day simple moving average is $354.58.
Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing the consensus estimate of $9.38 by ($1.76). Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the previous year, the company posted $7.54 EPS. Everest Group’s revenue for the quarter was down 14.0% on a year-over-year basis. As a group, sell-side analysts forecast that Everest Group, Ltd. will post 52.80 EPS for the current fiscal year.
Everest Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a $2.00 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $8.00 dividend on an annualized basis and a yield of 1.9%. Everest Group’s payout ratio is 16.91%.
Institutional Investors Weigh In On Everest Group
A number of hedge funds and other institutional investors have recently bought and sold shares of EG. Bank of America Corp DE purchased a new position in Everest Group in the second quarter worth $108,102,000. William Blair Investment Management LLC purchased a new stake in shares of Everest Group during the 2nd quarter valued at $171,426,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Everest Group during the 2nd quarter valued at $9,122,000. Polianta Ltd purchased a new stake in shares of Everest Group during the 2nd quarter valued at $2,000,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Everest Group in the 2nd quarter worth $5,351,000. Hedge funds and other institutional investors own 92.64% of the company’s stock.
More Everest Group News
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $450 from $407 and maintained an “outperform” rating, signaling confidence in potential upside. Keefe, Bruyette & Woods rating information
- Positive Sentiment: Everest declared a quarterly dividend of $2 per share, payable December 18 to shareholders of record December 4. The annualized payout is $8 per share, a yield of about 1.9%.
- Negative Sentiment: Several law firms publicized a securities class action against Everest on behalf of investors who acquired shares from February 8, 2024, through October 27, 2025. Investors have until December 28, 2026, to seek lead-plaintiff status. The notices report allegations of misleading statements; the case creates potential legal and reputational uncertainty, though the announcements do not establish wrongdoing. Kaplan Fox class-action notice
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on EG. Mizuho dropped their target price on Everest Group from $416.00 to $398.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Royal Bank Of Canada lifted their price target on Everest Group from $455.00 to $475.00 and gave the company an “outperform” rating in a report on Friday, October 30th. Citigroup boosted their price target on Everest Group from $415.00 to $445.00 and gave the stock a “neutral” rating in a research report on Monday. Wells Fargo & Company upped their price objective on Everest Group from $396.00 to $428.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Evercore set a $377.00 price objective on Everest Group in a research report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $426.27.
View Our Latest Research Report on Everest Group
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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