Zacks Research Has Strong Estimate for EverQuote Q3 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for EverQuote in a research report issued to clients and investors on Monday, March 9th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.50 per share for the quarter, up from their prior forecast of $0.47. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share. Zacks Research also issued estimates for EverQuote’s Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $1.89 EPS, Q3 2027 earnings at $0.62 EPS and FY2027 earnings at $2.24 EPS.

A number of other equities analysts also recently issued reports on EVER. Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a research note on Thursday, January 22nd. B. Riley Financial lowered their target price on EverQuote from $36.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Canaccord Genuity Group dropped their target price on EverQuote from $33.00 to $28.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Wall Street Zen lowered shares of EverQuote from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of EverQuote from $32.00 to $22.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 24th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.83.

EverQuote Trading Down 2.5%

Shares of EVER opened at $15.83 on Tuesday. The firm has a fifty day simple moving average of $20.20 and a two-hundred day simple moving average of $22.75. The firm has a market cap of $570.35 million, a PE ratio of 6.00 and a beta of 0.54. EverQuote has a 1-year low of $13.93 and a 1-year high of $30.03.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, February 23rd. The company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $1.19. EverQuote had a net margin of 14.34% and a return on equity of 57.65%. The company had revenue of $195.32 million for the quarter, compared to the consensus estimate of $176.82 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The firm’s revenue for the quarter was up 32.3% compared to the same quarter last year.

Insider Buying and Selling

In other EverQuote news, CAO Jon Ayotte sold 1,730 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $15.56, for a total value of $26,918.80. Following the completion of the sale, the chief accounting officer owned 86,202 shares in the company, valued at $1,341,303.12. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jayme Mendal sold 14,360 shares of EverQuote stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $14.98, for a total value of $215,112.80. Following the transaction, the chief executive officer directly owned 541,777 shares in the company, valued at approximately $8,115,819.46. The trade was a 2.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 55,249 shares of company stock valued at $1,238,364 in the last 90 days. 25.52% of the stock is owned by company insiders.

Hedge Funds Weigh In On EverQuote

Large investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. raised its position in shares of EverQuote by 25.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company’s stock worth $68,000 after purchasing an additional 573 shares during the last quarter. Versant Capital Management Inc boosted its holdings in EverQuote by 108.9% in the 3rd quarter. Versant Capital Management Inc now owns 1,153 shares of the company’s stock worth $26,000 after buying an additional 601 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in EverQuote by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company’s stock worth $393,000 after buying an additional 624 shares in the last quarter. Cetera Investment Advisers increased its stake in EverQuote by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,204 shares of the company’s stock worth $392,000 after buying an additional 675 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of EverQuote by 235.4% during the third quarter. Comerica Bank now owns 1,100 shares of the company’s stock valued at $25,000 after acquiring an additional 772 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

EverQuote Company Profile

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.