Everest Group (NYSE:EG) Reaches New 52-Week High After Dividend Announcement

Everest Group, Ltd. (NYSE:EG)’s stock price reached a new 52-week high during trading on Thursday following a dividend announcement from the company. The company traded as high as $429.80 and last traded at $429.5220, with a volume of 15,281 shares traded. The stock had previously closed at $421.30.

The newly announced dividend which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Friday, December 4th. Everest Group’s dividend payout ratio (DPR) is currently 16.91%.

Analyst Ratings Changes

Several equities analysts have issued reports on EG shares. Mizuho cut their price objective on Everest Group from $416.00 to $398.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. TD Cowen increased their target price on Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a report on Wednesday, August 19th. Rosenblatt Securities set a $455.00 target price on Everest Group in a report on Tuesday, September 22nd. Evercore set a $377.00 target price on Everest Group in a research note on Thursday, July 30th. Finally, Cantor Fitzgerald lifted their price target on Everest Group from $390.00 to $419.00 and gave the company a “neutral” rating in a report on Monday. Five investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $426.27.

Everest Group Price Performance

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 company’s 50 day moving average price is $381.07 and its 200 day moving average price is $354.58. The firm has a market capitalization of $15.83 billion, a P/E ratio of 9.03, a PEG ratio of 0.57 and a beta of 0.23.

Everest Group (NYSE:EG) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same period in the prior year, the business earned $7.54 EPS. The business’s revenue for the quarter was down 14.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Everest Group, Ltd. will post 52.80 EPS for the current fiscal year.

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, implying potential upside from the cited share price. Analyst rating
• 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, with a stated yield of about 1.9%.
• Negative Sentiment: Several law firms publicized a securities class action against Everest, alleging misleading statements during February 8, 2024–October 27, 2025. Investors have until December 28, 2026 to seek lead-plaintiff appointment. The notices are a potential reputational and legal overhang, though they do not establish wrongdoing. Class action notice

Institutional Investors Weigh In On Everest Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Trifecta Capital Advisors LLC bought a new position in Everest Group in the second quarter valued at about $29,000. Provenance Wealth Advisors LLC increased its position in Everest Group by 1,283.3% in the third quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock worth $30,000 after purchasing an additional 77 shares during the period. Root Financial Partners LLC raised its holdings in Everest Group by 70.1% during the 1st quarter. Root Financial Partners LLC now owns 165 shares of the company’s stock worth $54,000 after purchasing an additional 68 shares during the last quarter. USA Financial Formulas bought a new stake in Everest Group during the 3rd quarter worth about $77,000. Finally, Transamerica Financial Advisors LLC bought a new stake in Everest Group during the 2nd quarter worth about $80,000. 92.64% of the stock is owned by institutional investors and hedge funds.

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.