Brokers Issue Forecasts for Everest Group FY2025 Earnings

Key Points

• Cantor Fitzgerald estimates **Everest Group** will achieve earnings of **$41.51** per share for FY2025, compared to the current consensus estimate of **$47.93** per share.
• The company reported a **6.2% increase** in revenue year-over-year for its last quarterly report, with earnings per share of **$17.36**, exceeding estimates.
• Everest Group has a **dividend payout ratio** of **42.46%** and plans to pay a quarterly dividend of **$2.00** on September 19th, providing an annualized yield of **2.4%**.

Everest Group, Ltd. (NYSE:EG - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Everest Group in a research report issued to clients and investors on Wednesday, August 13th. Cantor Fitzgerald analyst R. Tunis expects that the company will post earnings per share of $41.51 for the year. Cantor Fitzgerald has a "Hold" rating on the stock. The consensus estimate for Everest Group's current full-year earnings is $47.93 per share. Cantor Fitzgerald also issued estimates for Everest Group's FY2026 earnings at $57.14 EPS.

Several other research analysts have also commented on the company. UBS Group cut their price objective on Everest Group from $372.00 to $370.00 and set a "neutral" rating for the company in a report on Wednesday, July 9th. Evercore ISI dropped their target price on shares of Everest Group from $400.00 to $396.00 and set an "in-line" rating for the company in a research report on Thursday, May 1st. Raymond James Financial reissued a "strong-buy" rating and issued a $410.00 price target (down previously from $420.00) on shares of Everest Group in a report on Tuesday, May 6th. Morgan Stanley raised their price objective on shares of Everest Group from $330.00 to $350.00 and gave the company an "equal weight" rating in a research report on Monday, May 19th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Everest Group from $405.00 to $416.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $397.14.

Everest Group Price Performance

NYSE EG traded up $0.01 during trading on Friday, reaching $331.85. The company's stock had a trading volume of 176,393 shares, compared to its average volume of 326,655. The firm has a fifty day moving average of $334.89 and a 200 day moving average of $343.37. Everest Group has a one year low of $320.00 and a one year high of $407.30. The stock has a market capitalization of $13.92 billion, a PE ratio of 17.61, a P/E/G ratio of 0.25 and a beta of 0.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.38 and a quick ratio of 0.38.

Everest Group (NYSE:EG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $17.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $15.14 by $2.22. Everest Group had a return on equity of 5.89% and a net margin of 4.56%. The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter last year, the business posted $16.85 earnings per share. The firm's revenue was up 6.2% compared to the same quarter last year.

Hedge Funds Weigh In On Everest Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. purchased a new stake in shares of Everest Group during the fourth quarter valued at approximately $29,000. SVB Wealth LLC bought a new stake in Everest Group during the 1st quarter valued at $30,000. Tsfg LLC purchased a new stake in Everest Group during the 1st quarter valued at $33,000. Zions Bancorporation National Association UT bought a new stake in Everest Group in the 1st quarter worth $34,000. Finally, Board of the Pension Protection Fund bought a new stake in Everest Group in the 2nd quarter worth $34,000. 92.64% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO James Allan Williamson bought 1,000 shares of the stock in a transaction dated Wednesday, June 11th. The stock was bought at an average price of $337.97 per share, with a total value of $337,970.00. Following the purchase, the chief executive officer owned 25,618 shares in the company, valued at approximately $8,658,115.46. The trade was a 4.06% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.10% of the company's stock.

Everest Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 3rd. Everest Group's dividend payout ratio (DPR) is 42.46%.

About Everest Group

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.