Everest Group (NYSE:EG) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Key Points

• Royal Bank of Canada raised Everest Group’s price target to $475 from $455 and maintained an “outperform” rating, implying 16.21% potential upside from the reported $408.75 share price.
• Analyst sentiment remains mixed: Everest has an average “hold” rating and a consensus price target of $409.19, despite six Buy ratings and nine Hold ratings.
• Third-quarter results missed expectations, with EPS of $7.62 versus $9.38 expected and revenue of $3.71 billion versus $3.81 billion expected; revenue declined 14% year over year, pressured by catastrophe losses and unfavorable reserve development.

Everest Group (NYSE:EG - Get Free Report) had its target price hoisted by equities researchers at Royal Bank Of Canada from $455.00 to $475.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an "outperform" rating on the stock. Royal Bank Of Canada's price target indicates a potential upside of 16.21% from the stock's current price.

Other analysts have also recently issued reports about the stock. TD Cowen raised their price target on shares of Everest Group from $365.00 to $385.00 and gave the stock a "hold" rating in a report on Wednesday, August 19th. Rosenblatt Securities set a $455.00 target price on shares of Everest Group in a research note on Tuesday, September 22nd. Keefe, Bruyette & Woods cut their price objective on Everest Group from $414.00 to $407.00 and set an "outperform" rating for the company in a report on Monday, October 12th. Wells Fargo & Company lifted their price objective on Everest Group from $373.00 to $396.00 and gave the company an "equal weight" rating in a research report on Friday, July 31st. Finally, UBS Group boosted their price target on Everest Group from $374.00 to $395.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Everest Group presently has an average rating of "Hold" and an average target price of $409.19.

Everest Group Price Performance

NYSE:EG traded up $8.16 during mid-day trading on Friday, reaching $408.75. 227,352 shares of the stock were exchanged, compared to its average volume of 376,930. The firm has a market capitalization of $15.67 billion, a PE ratio of 8.66, a PEG ratio of 0.57 and a beta of 0.26. Everest Group has a 1-year low of $304.55 and a 1-year high of $411.21. The business has a fifty day moving average price of $377.67 and a 200 day moving average price of $352.75. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23.

Everest Group (NYSE:EG - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing analysts' consensus estimates of $9.38 by ($1.76). The firm had revenue of $3.71 billion for the quarter, compared to analysts' expectations of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.46%. Everest Group's quarterly revenue was down 14.0% compared to the same quarter last year. During the same period in the prior year, the company posted $7.54 earnings per share. Research analysts expect that Everest Group will post 53.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Everest Group

A number of hedge funds have recently bought and sold shares of the company. MBA Advisors LLC increased its holdings in Everest Group by 25.1% during the 3rd quarter. MBA Advisors LLC now owns 833 shares of the company's stock worth $304,000 after purchasing an additional 167 shares in the last quarter. One Way Holdings LLC bought a new stake in shares of Everest Group in the third quarter valued at about $7,732,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Everest Group in the third quarter valued at about $3,391,000. Aviance Capital Partners LLC lifted its holdings in shares of Everest Group by 2.6% in the third quarter. Aviance Capital Partners LLC now owns 6,061 shares of the company's stock valued at $2,213,000 after purchasing an additional 156 shares in the last quarter. Finally, Vise Technologies Inc. boosted its position in shares of Everest Group by 166.7% during the third quarter. Vise Technologies Inc. now owns 4,139 shares of the company's stock worth $1,512,000 after buying an additional 2,587 shares during the period. 92.64% of the stock is currently owned by institutional investors.

Trending Headlines about Everest Group

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

• Positive Sentiment: Management emphasized underwriting discipline, portfolio repositioning and long-term growth during the Q3 earnings call. Record investment income also helped offset pressure on underwriting results, potentially supporting investor confidence in Everest’s recovery strategy. Everest Group Earnings Call Highlights Discipline And Growth
• Positive Sentiment: The quarter’s reserve strengthening and corrective underwriting actions may reduce future risk in Everest’s casualty business. Investors may view the steps as evidence that management is addressing prior loss trends, even though they weigh on near-term earnings. EG Q3 deep dive: reserve strengthening and underwriting discipline mark Everest’s transition phase
• Neutral Sentiment: Several law firms announced or promoted a securities class action involving Everest and certain executives. The lawsuit covers investors who purchased shares from February 8, 2024, through October 27, 2025, with a December 28, 2026 deadline for investors seeking lead-plaintiff status. The announcements do not establish wrongdoing, but could create legal costs and reputational concerns. Everest Group Class Action Notice
• Negative Sentiment: Everest reported third-quarter EPS of $7.62, below the $9.38 consensus estimate, while revenue of $3.71 billion also missed expectations of $3.81 billion and declined 14% year over year. Catastrophe losses and unfavorable reserve development hurt underwriting profitability, raising concerns about claims severity and the pace of earnings improvement. Everest Group Q3 Earnings Miss Estimates on Higher Catastrophe Losses

About Everest Group

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company's reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.

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