Zacks Research Reduces Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for shares of Everest Group in a research report issued on Wednesday, May 21st. Zacks Research analyst T. De now expects that the company will post earnings per share of $15.39 for the quarter, down from their previous estimate of $15.54. 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 Q3 2025 earnings at $8.82 EPS, Q4 2025 earnings at $15.29 EPS and Q1 2026 earnings at $16.43 EPS.

Other research analysts have also recently issued research reports about the company. Wells Fargo & Company decreased their price target on Everest Group from $362.00 to $361.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. UBS Group reduced their price objective on shares of Everest Group from $375.00 to $372.00 and set a "neutral" rating for the company in a report on Wednesday, April 9th. Barclays decreased their target price on shares of Everest Group from $470.00 to $394.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Raymond James reiterated a "strong-buy" rating and set a $410.00 price objective (down previously from $420.00) on shares of Everest Group in a research note on Tuesday, May 6th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Everest Group from $434.00 to $402.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Everest Group currently has a consensus rating of "Moderate Buy" and an average price target of $398.09.

Everest Group Stock Performance

Shares of EG stock opened at $340.56 on Thursday. Everest Group has a 12-month low of $320.00 and a 12-month high of $407.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of 10.84, a price-to-earnings-growth ratio of 0.24 and a beta of 0.58. The business has a 50 day simple moving average of $350.95 and a 200 day simple moving average of $356.61.

Everest Group (NYSE:EG - Get Free Report) last announced its quarterly 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 firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.89 billion. Everest Group had a net margin of 7.95% and a return on equity of 9.04%. Everest Group's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $16.32 EPS.

Everest Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Wednesday, May 28th will be issued a dividend of $2.00 per share. The ex-dividend date is Wednesday, May 28th. This represents a $8.00 annualized dividend and a yield of 2.35%. Everest Group's payout ratio is presently 41.15%.

Insider Buying and Selling at Everest Group

In other Everest Group news, Director Geraldine Losquadro sold 1,500 shares of the business's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $360.63, for a total transaction of $540,945.00. Following the sale, the director now directly owns 12,279 shares of the company's stock, valued at $4,428,175.77. The trade was a 10.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EG. Vanguard Group Inc. boosted its position in Everest Group by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 5,577,376 shares of the company's stock worth $2,026,428,000 after acquiring an additional 17,346 shares during the period. Norges Bank purchased a new stake in shares of Everest Group in the fourth quarter worth approximately $488,588,000. Vulcan Value Partners LLC lifted its position in shares of Everest Group by 35.8% in the first quarter. Vulcan Value Partners LLC now owns 1,328,732 shares of the company's stock worth $482,832,000 after purchasing an additional 350,019 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Everest Group by 0.4% during the fourth quarter. Franklin Resources Inc. now owns 1,281,611 shares of the company's stock worth $464,533,000 after purchasing an additional 4,544 shares during the period. Finally, Geode Capital Management LLC grew its position in Everest Group by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 1,164,081 shares of the company's stock valued at $424,344,000 after purchasing an additional 8,321 shares in the last quarter. Hedge funds and other 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.