Shares of Everest Group, Ltd. (NYSE:EG – Get Free Report) have been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $411.38.
Several research analysts recently weighed in on the stock. Cantor Fitzgerald upped their target price on shares of Everest Group from $344.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Mizuho decreased their price target on Everest Group from $416.00 to $398.00 and set a “neutral” rating on the stock in a report on Wednesday, October 7th. Atlantic Securities set a $484.00 price target on Everest Group in a report on Wednesday, July 15th. Evercore set a $377.00 price objective on Everest Group in a research report on Thursday, July 30th. Finally, Wells Fargo & Company upped their price objective on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st.
Read Our Latest Stock Report on EG
Everest Group Stock Performance
EG opened at $411.58 on Friday. The firm has a market cap of $15.78 billion, a P/E ratio of 8.70, a PEG ratio of 0.61 and a beta of 0.26. Everest Group has a 1-year low of $304.55 and a 1-year high of $413.00. The company has a 50 day simple moving average of $378.52 and a two-hundred day simple moving average of $353.16. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.35.
Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The business’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same period last year, the company earned $7.54 earnings per share. Equities analysts forecast that Everest Group will post 53.32 earnings per share for the current fiscal year.
Everest Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Wednesday, September 9th were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, September 9th. Everest Group’s dividend payout ratio (DPR) is 16.91%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in EG. BlackRock Inc. purchased a new position in shares of Everest Group in the 2nd quarter worth $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Everest Group during the 2nd quarter valued at about $350,718,000. William Blair Investment Management LLC purchased a new stake in shares of Everest Group during the 2nd quarter valued at about $171,426,000. Hsbc Holdings PLC raised its position in shares of Everest Group by 507.4% during the 1st quarter. Hsbc Holdings PLC now owns 449,919 shares of the company’s stock valued at $147,102,000 after buying an additional 375,846 shares in the last quarter. Finally, Donald Smith & CO. Inc. bought a new position in shares of Everest Group in the 2nd quarter valued at about $153,206,000. 92.64% of the stock is owned by hedge funds and other institutional investors.
Everest Group News Roundup
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: RBC raised its price target to $475 and maintained an “outperform” rating, implying roughly 15% potential upside from the recently cited share price. The revision provides a favorable counterpoint to the company’s weaker quarterly results. RBC raises Everest Group price target
- Positive Sentiment: Everest agreed to sell its Chilean insurance operations to AIG. The transaction could simplify the portfolio, improve capital allocation and allow management to focus on higher-priority markets, although financial terms and the effect on earnings were not provided. Everest announces Chile operations sale
- Neutral Sentiment: Morgan Stanley raised its target to $395 but retained an “equal weight” rating. The higher target reflects improved valuation expectations, but it remains below the recently cited trading level, signaling limited near-term upside in the firm’s view. Morgan Stanley raises Everest Group price target
- Negative Sentiment: Third-quarter earnings missed expectations. Everest reported $7.62 in adjusted EPS versus the $9.38 consensus estimate, while revenue of $3.71 billion also fell short of forecasts and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profitability, despite record investment income. Everest Group Q3 earnings miss
- Negative Sentiment: Multiple law firms publicized a securities-fraud class action against Everest. The lawsuit alleges the company misrepresented its management of risks tied to its expanding U.S. casualty business. Investors who purchased shares between February 8, 2024, and October 27, 2025, have until December 28, 2026, to seek lead-plaintiff status, creating legal, reputational and potential financial risks. Everest Group investor lawsuit alert
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.
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