
Everest Group, Ltd. (NYSE:EG – Free Report) – Stock analysts at Zacks Research dropped their Q4 2026 earnings estimates for Everest Group in a note issued to investors on Monday, October 5th. Zacks Research analyst Team now expects that the company will post earnings of $13.10 per share for the quarter, down from their prior forecast of $13.12. The consensus estimate for Everest Group’s current full-year earnings is $53.82 per share. Zacks Research also issued estimates for Everest Group’s Q1 2027 earnings at $16.05 EPS, Q3 2027 earnings at $13.56 EPS, Q4 2027 earnings at $13.91 EPS and FY2027 earnings at $58.52 EPS.
EG has been the subject of a number of other reports. Atlantic Securities set a $484.00 target price on Everest Group in a research report on Wednesday, July 15th. Rosenblatt Securities set a $455.00 price target on Everest Group in a research note on Tuesday, September 22nd. Cantor Fitzgerald lifted their price objective on Everest Group from $344.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wells Fargo & Company boosted their price objective on Everest Group from $373.00 to $396.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Finally, UBS Group upped their price objective on shares of Everest Group from $374.00 to $395.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $408.38.
Everest Group Trading Down 1.4%
NYSE:EG opened at $361.71 on Tuesday. 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 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. The firm’s 50 day moving average is $372.26 and its 200 day moving average is $356.64. The stock has a market capitalization of $13.87 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.55 and a beta of 0.26.
Everest Group (NYSE:EG – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share for the quarter. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The firm had revenue of $3.96 billion during the quarter.
Everest Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were issued a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, September 9th. Everest Group’s dividend payout ratio (DPR) is presently 16.92%.
Hedge Funds Weigh In On Everest Group
Several hedge funds have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Everest Group during the 2nd quarter worth about $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Everest Group during the 2nd quarter valued at about $350,718,000. William Blair Investment Management LLC bought a new stake in shares of Everest Group during the second quarter valued at about $171,426,000. Balyasny Asset Management L.P. increased its position in shares of Everest Group by 181.2% during the fourth quarter. Balyasny Asset Management L.P. now owns 498,697 shares of the company’s stock valued at $169,233,000 after buying an additional 321,376 shares during the period. Finally, Donald Smith & CO. Inc. purchased a new stake in shares of Everest Group in the second quarter worth about $153,206,000. 92.64% of the stock is currently owned by hedge funds and other institutional investors.
Key Everest Group News
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Zacks Research raised its Q3 2026 EPS estimate to $8.46 from $8.44 and increased its Q2 2028 estimate to $16.56 from $16.53. The firm also lifted its Q3 2028 forecast to $15.74 from $15.72, indicating modest confidence in longer-term earnings growth. Everest Group analyst estimates
- Neutral Sentiment: Investors are focused on Everest Group’s upcoming earnings release for evidence of underwriting performance, catastrophe losses, pricing trends and guidance. The current full-year consensus estimate is $53.88 per share, while the company previously reported $14.85 in quarterly EPS on $3.96 billion of revenue. What You Need to Know Ahead of Everest Group’s Earnings Release
- Negative Sentiment: Zacks Research trimmed its forecasts for several periods: Q4 2026 EPS to $13.10 from $13.12, Q1 2027 to $16.05 from $16.10, Q3 2027 to $13.56 from $13.58, Q4 2027 to $13.91 from $13.93, and full-year 2027 EPS to $58.52 from $58.63. Although the reductions are small, the broad direction may weigh on sentiment ahead of earnings. Zacks Research Predicts Reduced Earnings for Everest Group
Everest Group Company Profile
Everest Group, Ltd. is a global specialty insurance and reinsurance company headquartered in Hamilton, Bermuda. The company provides risk-management and underwriting solutions to businesses, institutions, and insurance companies through its insurance and reinsurance operations.
Everest’s products and services include property and casualty insurance, specialty insurance, and reinsurance coverage. Its offerings address a range of risks, including property, casualty, workers’ compensation, professional liability, marine, aviation, accident and health, and other specialty exposures.
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