FY2026 EPS Estimates for Everest Group Cut by Zacks Research

Key Points

• Zacks Research lowered Everest Group’s FY2026 EPS estimate to $52.49 from $53.10, below the current consensus estimate of $53.28. The firm also projected FY2027 and FY2028 EPS of $58.63 and $66.39, respectively.
• Everest Group reported quarterly EPS of $14.85 on $3.96 billion in revenue, with an 11.41% net margin and 13.63% return on equity. Analysts maintain a consensus “Hold” rating with an average price target of $395.27.
• The stock opened at $370.47, down 2.7%, while the company announced a quarterly dividend of $2.00, equivalent to an annualized $8.00 payout and a 2.2% yield.

Everest Group, Ltd. (NYSE:EG - Free Report) - Analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Everest Group in a research note issued to investors on Friday, September 4th. Zacks Research analyst Team now expects that the company will post earnings of $52.49 per share for the year, down from their previous forecast of $53.10. The consensus estimate for Everest Group's current full-year earnings is $53.28 per share. Zacks Research also issued estimates for Everest Group's Q4 2026 earnings at $13.12 EPS, Q1 2027 earnings at $16.10 EPS, Q3 2027 earnings at $13.58 EPS, FY2027 earnings at $58.63 EPS, Q1 2028 earnings at $17.48 EPS, Q2 2028 earnings at $16.53 EPS and FY2028 earnings at $66.39 EPS.

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

Several other research firms also recently commented on EG. Citigroup boosted their target price on shares of Everest Group from $395.00 to $415.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. UBS Group lifted 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. Morgan Stanley boosted their price objective on Everest Group from $355.00 to $360.00 and gave the stock an "equal weight" rating in a report on Monday, July 6th. Atlantic Securities set a $484.00 price objective on Everest Group in a report on Wednesday, July 15th. Finally, Wells Fargo & Company increased their price objective on Everest Group from $373.00 to $396.00 and gave the stock an "equal weight" rating in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, Everest Group presently has a consensus rating of "Hold" and a consensus target price of $395.27.

Everest Group Stock Down 2.7%

Everest Group stock opened at $370.47 on Wednesday. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 7.83, a price-to-earnings-growth ratio of 0.75 and a beta of 0.28. The firm's fifty day moving average price is $374.47 and its two-hundred day moving average price is $350.66. Everest Group has a 1-year low of $302.44 and a 1-year high of $401.07. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th will be issued a $2.00 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $8.00 annualized dividend and a dividend yield of 2.2%. Everest Group's dividend payout ratio is currently 16.92%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its position in Everest Group by 201.9% in the 2nd quarter. NewEdge Advisors LLC now owns 1,117 shares of the company's stock worth $399,000 after purchasing an additional 747 shares in the last quarter. Baird Financial Group Inc. increased its stake in Everest Group by 2.6% in the 2nd quarter. Baird Financial Group Inc. now owns 1,317 shares of the company's stock valued at $470,000 after buying an additional 33 shares during the last quarter. BayBridge Capital Group LLC lifted its position in shares of Everest Group by 80.9% during the 2nd quarter. BayBridge Capital Group LLC now owns 1,840 shares of the company's stock worth $657,000 after buying an additional 823 shares in the last quarter. Allworth Financial LP lifted its position in shares of Everest Group by 77.2% during the 2nd quarter. Allworth Financial LP now owns 1,028 shares of the company's stock worth $367,000 after buying an additional 448 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Everest Group by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 11,474 shares of the company's stock worth $4,099,000 after buying an additional 63 shares during the last quarter. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Everest Group Company Profile

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.

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