Everest Group FY2028 EPS Estimate Raised by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Zacks Research raised their FY2028 earnings estimates for Everest Group in a report released on Wednesday, April 15th. Zacks Research analyst Team now expects that the company will earn $67.48 per share for the year, up from their previous estimate of $64.07. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share.

Everest Group (NYSE:EG) last issued its quarterly earnings data on Thursday, February 5th. The company reported $13.26 EPS for the quarter, missing the consensus estimate of $13.36 by ($0.10). The firm had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $3.97 billion. Everest Group had a net margin of 9.09% and a return on equity of 12.50%. The business’s revenue was down 4.6% on a year-over-year basis. During the same period last year, the company posted ($18.39) earnings per share.

EG has been the subject of several other reports. Evercore set a $365.00 price objective on shares of Everest Group in a research note on Wednesday, January 7th. Barclays increased their price target on shares of Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Wells Fargo & Company increased their price target on shares of Everest Group from $304.00 to $332.00 and gave the stock an “equal weight” rating in a research note on Thursday. Bank of America increased their price target on shares of Everest Group from $430.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Mizuho increased their price target on shares of Everest Group from $360.00 to $365.00 and gave the stock a “neutral” rating in a research note on Monday. Six equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Everest Group has a consensus rating of “Hold” and a consensus target price of $366.14.

Everest Group Stock Performance

Shares of NYSE:EG opened at $351.42 on Friday. The company has a market cap of $17.48 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 0.26 and a beta of 0.34. The company has a 50-day moving average price of $331.25 and a 200-day moving average price of $330.22. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.23. Everest Group has a 12 month low of $302.44 and a 12 month high of $368.29.

Everest Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, March 13th. Everest Group’s dividend payout ratio is presently 21.13%.

Institutional Investors Weigh In On Everest Group

A number of hedge funds and other institutional investors have recently bought and sold shares of EG. Norges Bank purchased a new stake in Everest Group in the fourth quarter worth about $630,277,000. AQR Capital Management LLC grew 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 worth $695,275,000 after purchasing an additional 830,418 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Everest Group by 12,322.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,243 shares of the company’s stock worth $176,205,000 after purchasing an additional 515,063 shares during the period. Balyasny Asset Management L.P. grew its holdings in Everest Group by 181.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 498,697 shares of the company’s stock worth $169,233,000 after purchasing an additional 321,376 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in Everest Group by 622.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 346,305 shares of the company’s stock worth $117,519,000 after purchasing an additional 298,391 shares during the period. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Key Everest Group News

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

• Positive Sentiment: Bank of America sharply raised its price target to $454, a bullish signal that increases upside expectations versus prior guidance and likely supported buying interest. Bank of America Boosts Everest Group Price Target
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate to $67.48 (from $64.07) and also increased its Q1 2028 EPS forecast to $16.69, indicating analysts expect stronger earnings further out — a constructive signal for longer‑term earnings growth and valuations.
• Neutral Sentiment: Wells Fargo bumped its price target to $332 but kept an “equal weight” rating, implying limited conviction for near‑term outperformance despite the higher target (the new PT sits below some recent trade levels). Wells Fargo Price Target Note
• Negative Sentiment: Zacks also trimmed several near‑term estimates and its FY2026 outlook modestly (FY2026 EPS cut to $53.11 from $53.46) and reduced multiple quarterly forecasts across 2026–2027 — a sign analysts see some short‑term pressure on results that could cap multiple expansion.

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.