Everest Group (NYSE:EG) Director Sells 144 Shares of Company Stock

Key Points

• Director Laura Hay sold 144 shares for about $60,304 under a pre-arranged Rule 10b5-1 plan, reducing her stake by 7.52% to 1,770 shares.
• Everest Group reported quarterly EPS of $7.62, below the $9.38 analyst consensus, while revenue of $3.71 billion also missed expectations and fell 14% year over year.
• The company declared a quarterly dividend of $2 per share, equivalent to an annualized yield of about 1.9%; analysts overall have a “Hold” rating and an average price target of $426.27.

Everest Group, Ltd. (NYSE:EG - Get Free Report) Director Laura Hay sold 144 shares of the firm's stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $418.78, for a total transaction of $60,304.32. Following the sale, the director owned 1,770 shares in the company, valued at $741,240.60. The trade was a 7.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Everest Group Price Performance

Shares of EG traded down $4.21 during trading hours on Thursday, reaching $417.09. 382,856 shares of the stock traded hands, compared to its average volume of 381,926. The company has a current ratio of 0.36, a quick ratio of 0.35 and a debt-to-equity ratio of 0.25. Everest Group, Ltd. has a 52-week low of $304.55 and a 52-week high of $431.19. The company's 50-day moving average price is $381.07 and its two-hundred day moving average price is $354.58. The company has a market cap of $15.45 billion, a P/E ratio of 8.81, a price-to-earnings-growth ratio of 0.57 and a beta of 0.23.

Everest Group (NYSE:EG - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.38 by ($1.76). The business had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.81 billion. Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The company's quarterly revenue was down 14.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.54 EPS. On average, analysts anticipate that Everest Group, Ltd. will post 52.80 earnings per share for the current year.

Everest Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be paid a $2.00 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 1.9%. Everest Group's dividend payout ratio is 16.91%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Illinois Municipal Retirement Fund grew its stake in Everest Group by 51.6% in the third quarter. Illinois Municipal Retirement Fund now owns 13,431 shares of the company's stock worth $4,905,000 after purchasing an additional 4,569 shares in the last quarter. Lido Advisors LLC increased its holdings in Everest Group by 24.3% during the 3rd quarter. Lido Advisors LLC now owns 2,233 shares of the company's stock worth $816,000 after purchasing an additional 436 shares during the period. M&G PLC raised its position in Everest Group by 2.5% during the 3rd quarter. M&G PLC now owns 56,917 shares of the company's stock valued at $20,775,000 after purchasing an additional 1,407 shares in the last quarter. AlphaCore Capital LLC bought a new stake in Everest Group during the 3rd quarter valued at $217,000. Finally, Leuthold Group LLC lifted its holdings in shares of Everest Group by 877.8% in the 3rd quarter. Leuthold Group LLC now owns 25,990 shares of the company's stock worth $9,491,000 after buying an additional 23,332 shares during the period. Hedge funds and other institutional investors own 92.64% of the company's stock.

Analyst Upgrades and Downgrades

EG has been the topic of several recent analyst reports. UBS Group lifted their target price on Everest Group from $395.00 to $423.00 and gave the company a "neutral" rating in a research note on Monday. Wells Fargo & Company upped their price target on Everest Group from $396.00 to $428.00 and gave the stock an "equal weight" rating in a research note on Monday. TD Cowen increased their price objective on shares of Everest Group from $365.00 to $385.00 and gave the company a "hold" rating in a report on Wednesday, August 19th. Morgan Stanley increased their price objective on shares of Everest Group from $375.00 to $395.00 and gave the company an "equal weight" rating in a report on Friday, October 30th. Finally, Mizuho reduced their price objective on shares of Everest Group from $416.00 to $398.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 7th. Five equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Everest Group has an average rating of "Hold" and an average price target of $426.27.

Everest Group News Roundup

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

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $450 from $407 and maintained an “outperform” rating, signaling confidence in potential upside. Keefe, Bruyette & Woods rating information
• Positive Sentiment: Everest declared a quarterly dividend of $2 per share, payable December 18 to shareholders of record December 4. The annualized payout is $8 per share, a yield of about 1.9%.
• Negative Sentiment: Several law firms publicized a securities class action against Everest on behalf of investors who acquired shares from February 8, 2024, through October 27, 2025. Investors have until December 28, 2026, to seek lead-plaintiff status. The notices report allegations of misleading statements; the case creates potential legal and reputational uncertainty, though the announcements do not establish wrongdoing. Kaplan Fox class-action notice

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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