Everest Group (NYSE:EG) Posts Earnings Results, Misses Estimates By $1.76 EPS

Key Points

• Everest Group missed quarterly estimates: Adjusted EPS was $7.62 versus the $9.38 consensus, while revenue of $3.71 billion trailed expectations of $3.81 billion and fell 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting results.
• Record investment income helped offset underwriting weakness, and EPS edged up from $7.54 a year earlier. Shares rose to $401.42 after the release, despite the earnings miss.
• Everest declared a quarterly dividend of $2 per share, or $8 annualized, representing a 2.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $407.94, while securities litigation adds legal and reputational risk.

Everest Group (NYSE:EG - Get Free Report) issued its earnings results on Wednesday. The company reported $7.62 earnings per share for the quarter, missing the consensus estimate of $9.38 by ($1.76), Zacks reports. Everest Group had a return on equity of 13.63% and a net margin of 11.41%. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period last year, the business posted $7.54 EPS. Everest Group's revenue was down 14.0% on a year-over-year basis.

Everest Group Stock Performance

Shares of Everest Group stock traded up $14.54 on Thursday, reaching $401.42. 1,061,485 shares of the stock were exchanged, compared to its average volume of 374,434. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $15.39 billion, a PE ratio of 8.50, a PEG ratio of 0.59 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 $376.98 and a two-hundred day moving average price of $352.42.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were paid a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, September 9th. Everest Group's payout ratio is 16.92%.

Analysts Set New Price Targets

Several equities research analysts recently commented on EG shares. Mizuho cut their price target on shares of Everest Group from $416.00 to $398.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 7th. Atlantic Securities set a $484.00 target price on shares of Everest Group in a research note on Wednesday, July 15th. UBS Group upped their price objective on Everest Group from $374.00 to $395.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Barclays increased their price objective on Everest Group from $420.00 to $430.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Finally, TD Cowen lifted their target price on Everest Group from $365.00 to $385.00 and gave the company a "hold" rating in a research note on Wednesday, August 19th. Six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Everest Group currently has a consensus rating of "Hold" and an average target price of $407.94.

Key Headlines Impacting Everest Group

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

• Positive Sentiment: Everest reported record investment income in the third quarter, which helped offset underwriting weakness. Earnings of $7.62 per share were also slightly above the $7.54 reported a year earlier. Everest Group Q3 Earnings Miss Estimates on Higher Catastrophe Losses
• Neutral Sentiment: The stock’s increase suggests some investors may be looking past the quarterly miss, potentially supported by Everest’s low valuation and longer-term insurance pricing prospects. However, the earnings release does not provide a clear fundamental catalyst for the move.
• Negative Sentiment: Third-quarter adjusted earnings of $7.62 per share missed the $9.38 analyst consensus, while revenue of $3.71 billion fell short of the $3.81 billion estimate and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profits. Everest Group Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Several law firms announced or filed securities class-action litigation against Everest Group and certain executives. The lawsuits allege violations of the Securities Exchange Act involving investors who purchased EG securities between February 8, 2024, and October 27, 2025. The allegations have not been adjudicated, but the litigation adds legal, reputational and potential financial risk. Securities Class Action Against Everest Group

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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