Everest Group (NYSE:EG) Releases Quarterly Earnings Results, Beats Estimates By $0.33 EPS

Everest Group (NYSE:EG) issued its quarterly earnings results on Wednesday. The company reported $14.85 earnings per share for the quarter, beating the consensus estimate of $14.52 by $0.33, FiscalAI reports. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.99 billion. Everest Group had a return on equity of 13.64% and a net margin of 11.41%.The company’s revenue was down 11.8% on a year-over-year basis. During the same period last year, the company earned $16.10 earnings per share.

Everest Group Stock Performance

EG stock traded down $1.47 on Friday, hitting $373.89. The company had a trading volume of 137,621 shares, compared to its average volume of 379,153. Everest Group has a 12-month low of $302.44 and a 12-month high of $401.07. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.23. The stock’s 50-day simple moving average is $355.30 and its 200 day simple moving average is $341.87. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 7.91, a P/E/G ratio of 0.61 and a beta of 0.29.

Everest Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $2.00 per share. The ex-dividend date was Friday, June 12th. This represents a $8.00 dividend on an annualized basis and a yield of 2.1%. Everest Group’s dividend payout ratio is 16.92%.

Everest Group News Roundup

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

• Positive Sentiment: Everest Group reported second-quarter adjusted earnings of $14.85 per share, exceeding analyst expectations of approximately $14.52–$14.59. Solid underwriting performance and lower expenses helped offset pressure from lower premiums and weaker investment income. Everest Group Q2 Earnings Beat Estimates on Lower Expenses
• Positive Sentiment: An investor-focused analysis argued that Everest is converting cyclical industry headwinds into double-digit growth, suggesting improving operating momentum could support the stock if underwriting remains strong. Everest Group Converts Cyclical Headwinds Into Double-Digit Growth
• Neutral Sentiment: Wells Fargo raised its price target for Everest Group from $373 to $396, implying modest upside, but maintained an Equal Weight rating. The higher target signals some confidence in valuation while the unchanged rating reflects a balanced risk-reward view. Wells Fargo Raises Everest Group Price Target
• Negative Sentiment: Second-quarter revenue of $3.96 billion fell short of the $3.99 billion estimate and declined 11.8% year over year. EPS also decreased from $16.10 a year earlier, while lower premiums and investment income raise concerns about the durability of earnings growth. Everest Group Quarterly Earnings Results
• Negative Sentiment: Everest Group underperformed industry competitors in the latest session, indicating that investors responded more negatively to its revenue decline and weaker year-over-year results than to the earnings beat. Everest Group Stock Underperforms Competitors

Insiders Place Their Bets

In other news, CEO Jason Keen sold 775 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total transaction of $272,676.00. Following the transaction, the chief executive officer directly owned 8,170 shares of the company’s stock, valued at $2,874,532.80. This represents a 8.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.70% of the company’s stock.

Institutional Trading of Everest Group

Large investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings 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 valued at $695,275,000 after acquiring an additional 830,418 shares during the period. State Street Corp grew its stake in shares of Everest Group by 0.4% during the 4th quarter. State Street Corp now owns 1,906,692 shares of the company’s stock valued at $647,036,000 after purchasing an additional 7,806 shares during the period. Vulcan Value Partners LLC increased its position in shares of Everest Group by 6.5% during the 4th quarter. Vulcan Value Partners LLC now owns 1,509,740 shares of the company’s stock valued at $512,288,000 after purchasing an additional 92,274 shares during the last quarter. Invesco Ltd. increased its position in shares of Everest Group by 10.3% during the 4th quarter. Invesco Ltd. now owns 743,190 shares of the company’s stock valued at $252,202,000 after purchasing an additional 69,636 shares during the last quarter. Finally, Boston Partners lifted its stake in shares of Everest Group by 1.7% in the 4th quarter. Boston Partners now owns 741,524 shares of the company’s stock worth $251,621,000 after purchasing an additional 12,505 shares during the period. Institutional investors own 92.64% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on EG shares. Mizuho set a $416.00 price objective on shares of Everest Group in a research report on Friday. Atlantic Securities set a $484.00 target price on shares of Everest Group in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Evercore set a $377.00 price target on shares of Everest Group in a research report on Thursday. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Everest Group from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $389.93.

About Everest Group

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.