Everest Group (NYSE:EG) Posts Earnings Results, Misses Estimates By $1.76 EPS

Everest Group (NYSE:EG) announced its quarterly earnings results on Wednesday. The company reported $7.62 earnings per share for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76), Zacks reports. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The company’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.54 EPS.

Everest Group Price Performance

Everest Group stock traded up $14.54 during midday trading on Thursday, reaching $401.42. 1,061,485 shares of the company were exchanged, compared to its average volume of 374,434. The company has a market capitalization of $15.39 billion, a price-to-earnings ratio of 8.50, a P/E/G ratio of 0.59 and a beta of 0.26. The firm’s 50-day simple moving average is $376.98 and its 200-day simple moving average is $352.42. Everest Group has a 1 year low of $304.55 and a 1 year high of $411.21. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35.

Everest Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Wednesday, September 9th were given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Wednesday, September 9th. Everest Group’s dividend payout ratio (DPR) is currently 16.92%.

Analysts Set New Price Targets

Several equities research analysts recently commented on EG shares. Rosenblatt Securities set a $455.00 price objective on shares of Everest Group in a research report on Tuesday, September 22nd. Weiss Ratings upgraded shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Keefe, Bruyette & Woods cut their target price on shares of Everest Group from $414.00 to $407.00 and set an “outperform” rating for the company in a research report on Monday, October 12th. Citigroup upped their price target on shares of Everest Group from $395.00 to $415.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Morgan Stanley increased their price target on shares of Everest Group from $355.00 to $360.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Six equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $407.94.

Key Everest Group News

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: Everest reported record investment income in the third quarter, which helped offset underwriting weakness. Earnings of $7.62 per share were also slightly above the $7.54 reported a year earlier. Everest Group Q3 Earnings Miss Estimates on Higher Catastrophe Losses
• Neutral Sentiment: The stock’s increase suggests some investors may be looking past the quarterly miss, potentially supported by Everest’s low valuation and longer-term insurance pricing prospects. However, the earnings release does not provide a clear fundamental catalyst for the move.
• Negative Sentiment: Third-quarter adjusted earnings of $7.62 per share missed the $9.38 analyst consensus, while revenue of $3.71 billion fell short of the $3.81 billion estimate and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profits. Everest Group Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Several law firms announced or filed securities class-action litigation against Everest Group and certain executives. The lawsuits allege violations of the Securities Exchange Act involving investors who purchased EG securities between February 8, 2024, and October 27, 2025. The allegations have not been adjudicated, but the litigation adds legal, reputational and potential financial risk. Securities Class Action Against Everest Group

Everest Group Company Profile

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.