Zacks Research Raises Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG) – Investment analysts at Zacks Research boosted their Q2 2026 earnings estimates for Everest Group in a research note issued on Monday, November 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $16.42 for the quarter, up from their prior 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 announced its quarterly earnings results on Monday, October 27th. The company reported $7.54 EPS for the quarter, missing the consensus estimate of $13.39 by ($5.85). Everest Group had a return on equity of 3.81% and a net margin of 3.12%.The firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same period last year, the firm earned $11.80 EPS. Everest Group’s revenue was up .8% compared to the same quarter last year.

Other research analysts also recently issued research reports about the company. Citigroup started coverage on Everest Group in a research note on Wednesday, August 13th. They set a “neutral” rating and a $362.00 price target for the company. Cantor Fitzgerald upgraded shares of Everest Group to a “hold” rating in a report on Wednesday, August 13th. Wall Street Zen downgraded shares of Everest Group from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Cowen reiterated a “hold” rating on shares of Everest Group in a research report on Tuesday, October 7th. Finally, Wolfe Research upgraded Everest Group from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 29th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $368.77.

Everest Group Stock Down 0.1%

EG opened at $320.03 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.38 and a current ratio of 0.38. The company has a market cap of $13.43 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 0.25 and a beta of 0.48. Everest Group has a one year low of $302.44 and a one year high of $392.78. The business’s fifty day moving average is $338.31 and its two-hundred day moving average is $338.68.

Everest Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Wednesday, November 26th will be given a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, November 26th. Everest Group’s payout ratio is currently 60.93%.

Insider Activity at Everest Group

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

Institutional Trading of Everest Group

A number of hedge funds have recently added to or reduced their stakes in EG. SVB Wealth LLC acquired a new position in shares of Everest Group during the 1st quarter valued at about $30,000. Root Financial Partners LLC acquired a new position in Everest Group during the third quarter worth approximately $30,000. Zions Bancorporation National Association UT acquired a new position in Everest Group during the first quarter worth approximately $34,000. Board of the Pension Protection Fund purchased a new position in Everest Group during the second quarter worth approximately $34,000. Finally, WPG Advisers LLC acquired a new position in shares of Everest Group in the 1st quarter valued at $37,000. 92.64% of the stock is owned by institutional investors and hedge funds.

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.