Zacks Research Lowers Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG) – Equities research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of Everest Group in a research note issued to investors on Monday, December 15th. Zacks Research analyst Team now expects that the company will post earnings of $14.54 per share for the quarter, down from their previous estimate of $15.38. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share. Zacks Research also issued estimates for Everest Group’s Q2 2026 earnings at $16.78 EPS, Q3 2026 earnings at $10.15 EPS, Q1 2027 earnings at $17.76 EPS, Q2 2027 earnings at $17.41 EPS, Q3 2027 earnings at $9.78 EPS and FY2027 earnings at $59.11 EPS.

Other analysts have also recently issued reports about the company. Wolfe Research upgraded Everest Group from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 29th. Raymond James Financial reiterated an “outperform” rating and set a $350.00 price target on shares of Everest Group in a research note on Monday, November 3rd. Barclays dropped their price objective on shares of Everest Group from $425.00 to $365.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Mizuho started coverage on shares of Everest Group in a research report on Monday. They set a “neutral” rating and a $359.00 target price on the stock. Finally, Cowen reissued a “hold” rating on shares of Everest Group in a research report on Tuesday, October 7th. Five analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $367.87.

Everest Group Trading Down 0.4%

Everest Group stock opened at $327.38 on Wednesday. The business has a 50 day moving average price of $325.97 and a two-hundred day moving average price of $334.60. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.23. Everest Group has a 12 month low of $302.44 and a 12 month high of $373.23. The stock has a market cap of $13.74 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 0.29 and a beta of 0.39.

Everest Group (NYSE:EG) last released its earnings results on Monday, October 27th. The company reported $7.54 earnings per share for the quarter, missing analysts’ consensus estimates of $13.39 by ($5.85). Everest Group had a return on equity of 3.74% and a net margin of 3.12%.The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same period last year, the business earned $11.80 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year.

Institutional Investors Weigh In On Everest Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in Everest Group in the 2nd quarter valued at about $601,300,000. AQR Capital Management LLC grew its stake in shares of Everest Group by 70.3% during the third 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 during the last quarter. Altrinsic Global Advisors LLC increased its holdings in shares of Everest Group by 37.2% in the second quarter. Altrinsic Global Advisors LLC now owns 937,296 shares of the company’s stock valued at $318,540,000 after purchasing an additional 254,317 shares in the last quarter. Alliancebernstein L.P. raised its position in Everest Group by 157.5% in the 3rd quarter. Alliancebernstein L.P. now owns 291,886 shares of the company’s stock worth $102,227,000 after purchasing an additional 178,536 shares during the last quarter. Finally, Causeway Capital Management LLC acquired a new position in Everest Group during the 3rd quarter worth $61,531,000. 92.64% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Everest Group

In other news, Director Allan Levine purchased 3,100 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was purchased at an average cost of $306.08 per share, with a total value of $948,848.00. Following the acquisition, the director directly owned 4,153 shares of the company’s stock, valued at approximately $1,271,150.24. This trade represents a 294.40% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director William F. Galtney, Jr. purchased 11,385 shares of Everest Group stock in a transaction on Wednesday, October 29th. The stock was purchased at an average price of $307.38 per share, for a total transaction of $3,499,521.30. Following the completion of the transaction, the director owned 45,491 shares of the company’s stock, valued at approximately $13,983,023.58. This represents a 33.38% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.10% of the company’s stock.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, November 26th were given a dividend of $2.00 per share. The ex-dividend date was Wednesday, November 26th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.4%. Everest Group’s dividend payout ratio (DPR) is 60.93%.

Everest Group Company Profile

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.