Q2 EPS Estimates for Everest Group Lowered by Zacks Research

Everest Group, Ltd. (NYSE:EG - Free Report) - Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Everest Group in a note issued to investors on Wednesday, June 18th. Zacks Research analyst T. De now anticipates that the company will post earnings of $15.30 per share for the quarter, down from their previous forecast of $15.39. The consensus estimate for Everest Group's current full-year earnings is $47.93 per share. Zacks Research also issued estimates for Everest Group's Q4 2025 earnings at $14.96 EPS, FY2025 earnings at $45.53 EPS, Q1 2026 earnings at $16.50 EPS, Q2 2026 earnings at $13.36 EPS, FY2026 earnings at $60.69 EPS and FY2027 earnings at $69.18 EPS.

Everest Group (NYSE:EG - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $6.45 EPS for the quarter, missing the consensus estimate of $7.46 by ($1.01). The business had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.89 billion. Everest Group had a return on equity of 5.95% and a net margin of 4.88%. The firm's revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $16.32 earnings per share.

Several other research analysts also recently issued reports on the company. Janney Montgomery Scott assumed coverage on Everest Group in a report on Friday. They set a "buy" rating and a $425.00 price objective on the stock. Morgan Stanley upped their price objective on Everest Group from $330.00 to $350.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Evercore ISI reduced their price objective on Everest Group from $400.00 to $396.00 and set an "in-line" rating on the stock in a report on Thursday, May 1st. Raymond James Financial reaffirmed a "strong-buy" rating and set a $410.00 price objective (down previously from $420.00) on shares of Everest Group in a report on Tuesday, May 6th. Finally, Barclays reduced their price objective on Everest Group from $470.00 to $394.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $400.33.

Everest Group Stock Up 1.2%

NYSE:EG opened at $336.79 on Monday. The stock's fifty day moving average price is $345.01 and its two-hundred day moving average price is $350.91. Everest Group has a 52-week low of $320.00 and a 52-week high of $407.30. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.35 and a current ratio of 0.35. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 17.32, a P/E/G ratio of 0.26 and a beta of 0.53.

Everest Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Wednesday, May 28th were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Wednesday, May 28th. Everest Group's dividend payout ratio (DPR) is currently 41.15%.

Insider Activity

In other Everest Group news, CEO James Allan Williamson acquired 1,000 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The shares were acquired at an average price of $337.97 per share, with a total value of $337,970.00. Following the purchase, the chief executive officer now owns 25,618 shares of the company's stock, valued at $8,658,115.46. This represents a 4.06% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Everest Group

A number of large investors have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new position in Everest Group during the fourth quarter worth about $29,000. SVB Wealth LLC acquired a new stake in shares of Everest Group in the first quarter valued at approximately $30,000. SBI Securities Co. Ltd. bought a new position in Everest Group in the fourth quarter valued at approximately $31,000. Tsfg LLC bought a new position in Everest Group in the first quarter valued at approximately $33,000. Finally, Zions Bancorporation National Association UT bought a new position in Everest Group in the first quarter valued at approximately $34,000. Institutional investors own 92.64% of the company's stock.

Everest Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.