Q2 EPS Estimates for Everest Group Raised by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Zacks Research raised their Q2 2026 earnings per share estimates for shares of Everest Group in a note issued to investors on Monday, November 17th. Zacks Research analyst Team now forecasts that the company will earn $16.42 per share for the quarter, up from their previous estimate of $16.34. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share.

Everest Group (NYSE:EG) last posted its quarterly earnings data 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 net margin of 3.12% and a return on equity of 3.81%. The firm had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter last year, the firm earned $11.80 EPS. The company’s revenue was up .8% on a year-over-year basis.

Several other brokerages also recently issued reports on EG. Raymond James Financial reissued an “outperform” rating and issued a $350.00 price objective on shares of Everest Group in a research note on Monday, November 3rd. Cowen reiterated a “hold” rating on shares of Everest Group in a report on Tuesday, October 7th. Wells Fargo & Company dropped their price objective on Everest Group from $383.00 to $343.00 and set an “equal weight” rating for the company in a report on Wednesday, October 29th. Wolfe Research raised Everest Group from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 29th. Finally, Evercore ISI increased their target price on Everest Group from $380.00 to $384.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 1st. Five equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Everest Group has an average rating of “Hold” and an average target price of $368.77.

Everest Group Price Performance

EG stock opened at $320.40 on Tuesday. Everest Group has a 12 month low of $302.44 and a 12 month high of $392.78. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $338.72 and a 200 day moving average price of $338.88. The stock has a market cap of $13.45 billion, a PE ratio of 24.40, a P/E/G ratio of 0.25 and a beta of 0.47.

Institutional Investors Weigh In On Everest Group

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Everest Group by 0.3% during the first quarter. Vanguard Group Inc. now owns 5,577,376 shares of the company’s stock valued at $2,026,428,000 after purchasing an additional 17,346 shares in the last quarter. AQR Capital Management LLC raised its stake in Everest Group by 70.3% in the third quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock worth $695,275,000 after buying an additional 830,418 shares in the last quarter. Norges Bank purchased a new stake in Everest Group during the second quarter worth $601,300,000. Vulcan Value Partners LLC boosted its position in Everest Group by 13.9% during the 3rd quarter. Vulcan Value Partners LLC now owns 1,417,466 shares of the company’s stock valued at $496,514,000 after acquiring an additional 172,479 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Everest Group by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,211,474 shares of the company’s stock valued at $414,385,000 after acquiring an additional 6,217 shares during the period. Institutional investors own 92.64% of the company’s stock.

Insider Buying and Selling at Everest Group

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

Everest Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Wednesday, November 26th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $8.00 dividend on an annualized basis and a yield of 2.5%. Everest Group’s payout ratio 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.