Q3 EPS Estimates for Everest Group Lowered by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings estimates for Everest Group in a research report issued on Friday, September 4th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $8.44 for the quarter, down from their previous estimate of $8.88. The consensus estimate for Everest Group’s current full-year earnings is $53.28 per share. Zacks Research also issued estimates for Everest Group’s Q4 2027 earnings at $13.93 EPS.

A number of other research firms have also recently commented on EG. Cantor Fitzgerald upped their price objective on Everest Group from $344.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. TD Cowen lifted their target price on Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Atlantic Securities set a $484.00 price target on Everest Group in a research note on Wednesday, July 15th. UBS Group increased their price target on Everest Group from $374.00 to $395.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company raised their price objective on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $395.27.

Everest Group Stock Down 0.1%

Shares of NYSE EG opened at $380.55 on Monday. The company has a market capitalization of $14.59 billion, a P/E ratio of 8.05, a P/E/G ratio of 0.75 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.35 and a quick ratio of 0.35. The company has a 50 day simple moving average of $374.21 and a 200-day simple moving average of $350.48. Everest Group has a 1 year low of $302.44 and a 1 year high of $401.07.

Everest Group (NYSE:EG) last posted its earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share for the quarter. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The company had revenue of $3.96 billion for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System raised its stake in shares of Everest Group by 29,666.3% in the second quarter. California State Teachers Retirement System now owns 18,597,394 shares of the company’s stock valued at $6,643,547,000 after acquiring an additional 18,534,916 shares in the last quarter. BlackRock Inc. acquired a new position in Everest Group during the 2nd quarter worth $1,150,555,000. Norges Bank purchased a new stake in Everest Group during the 4th quarter worth about $630,277,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Everest Group during the 2nd quarter worth about $350,718,000. Finally, AQR Capital Management LLC raised its position in Everest Group by 70.3% in the 3rd quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock valued at $695,275,000 after purchasing an additional 830,418 shares in the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be paid a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $8.00 annualized dividend and a yield of 2.1%. Everest Group’s dividend payout ratio is presently 16.92%.

Everest Group Company Profile

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.