Everest Group Q3 Earnings Forecast Boosted by Zacks Research

Key Points

• Zacks Research raised Everest Group’s Q3 2026 EPS forecast to $8.46 from $8.44, while analysts estimate full-year earnings of $53.88 per share.
• Analyst sentiment remains mixed, with five Buy ratings and eleven Hold ratings producing an average rating of Hold and an average price target of $409.50.
• Everest Group shares opened at $367.04, while the company maintains a quarterly dividend of $2.00 per share, equivalent to an annualized $8.00 payout and a 2.2% yield.

Everest Group, Ltd. (NYSE:EG - Free Report) - Analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for Everest Group in a research report issued on Monday, October 5th. Zacks Research analyst Team now expects that the company will post earnings of $8.46 per share for the quarter, up from their previous forecast of $8.44. The consensus estimate for Everest Group's current full-year earnings is $53.88 per share. Zacks Research also issued estimates for Everest Group's Q2 2027 earnings at $14.99 EPS, Q2 2028 earnings at $16.56 EPS and Q3 2028 earnings at $15.74 EPS.

A number of other equities research analysts have also issued reports on EG. UBS Group increased their price objective on shares of Everest Group from $374.00 to $395.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Keefe, Bruyette & Woods boosted their target price on shares of Everest Group from $411.00 to $414.00 and gave the stock an "outperform" rating in a report on Wednesday, July 8th. Evercore set a $377.00 target price on shares of Everest Group in a research report on Thursday, July 30th. TD Cowen lifted their target price on Everest Group from $365.00 to $385.00 and gave the stock a "hold" rating in a report on Wednesday, August 19th. Finally, Royal Bank Of Canada began coverage on shares of Everest Group in a research report on Tuesday, September 22nd. They issued an "outperform" rating and a $455.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $409.50.

Everest Group Stock Up 0.1%

NYSE EG opened at $367.04 on Wednesday. The stock's 50 day moving average is $372.90 and its 200 day moving average is $356.32. 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 has a 12 month low of $302.44 and a 12 month high of $401.07. The stock has a market cap of $14.07 billion, a PE ratio of 7.76, a P/E/G ratio of 0.55 and a beta of 0.26.

Everest Group (NYSE:EG - Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share (EPS) for the quarter. The firm had revenue of $3.96 billion during the quarter. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.

Institutional Trading of Everest Group

Large investors have recently made changes to their positions in the stock. Trifecta Capital Advisors LLC purchased a new position in Everest Group in the 2nd quarter worth about $29,000. Root Financial Partners LLC boosted its position in Everest Group by 70.1% in the 1st quarter. Root Financial Partners LLC now owns 165 shares of the company's stock valued at $54,000 after buying an additional 68 shares during the period. Transamerica Financial Advisors LLC bought a new position in Everest Group in the 2nd quarter worth about $80,000. SJS Investment Consulting Inc. grew its stake in Everest Group by 85.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 252 shares of the company's stock worth $82,000 after acquiring an additional 116 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Everest Group during the second quarter worth approximately $116,000. 92.64% of the stock is owned by hedge funds and other institutional investors.

Everest Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Wednesday, September 9th were issued a dividend of $2.00 per share. The ex-dividend date was Wednesday, September 9th. This represents a $8.00 dividend on an annualized basis and a yield of 2.2%. Everest Group's payout ratio is presently 16.92%.

About Everest Group

Everest Group, Ltd. is a global specialty insurance and reinsurance company headquartered in Hamilton, Bermuda. The company provides risk-management and underwriting solutions to businesses, institutions, and insurance companies through its insurance and reinsurance operations.

Everest's products and services include property and casualty insurance, specialty insurance, and reinsurance coverage. Its offerings address a range of risks, including property, casualty, workers' compensation, professional liability, marine, aviation, accident and health, and other specialty exposures.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.