NYSE:EG

Everest Group (EG) Stock Price, News & Analysis

$392.92
+4.65 (+1.20%)
(As of 05/17/2024 ET)
Today's Range
$388.09
$393.91
50-Day Range
$357.20
$398.04
52-Week Range
$331.08
$417.92
Volume
261,232 shs
Average Volume
312,216 shs
Market Capitalization
$17.08 billion
P/E Ratio
5.84
Dividend Yield
1.78%
Price Target
$432.11

Everest Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
10.0% Upside
$432.11 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Everest Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.32%
From $61.64 to $68.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Finance Sector

425th out of 887 stocks

Fire, Marine, & Casualty Insurance Industry

31st out of 53 stocks

EG stock logo

About Everest Group Stock (NYSE:EG)

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. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.

EG Stock Price History

EG Stock News Headlines

Everest Group Boosts Quarterly Dividend by 14%
Everest Group Increases Quarterly Dividend to $2.00
Everest Reports First Quarter 2024 Results
What Wall Street expects from Everest Reinsurance Group's earnings
Everest Group Q1 2024 Earnings Preview
Strong Tech Earnings Boost Stocks
Everest Global Plc - Result of AGM
See More Headlines
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Company Calendar

Ex-Dividend for 3/27 Dividend
3/18/2024
Dividend Payable
3/27/2024
Last Earnings
4/29/2024
Today
5/18/2024
Ex-Dividend for 6/14 Dividend
5/29/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Employees
2,844
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$432.11
High Stock Price Target
$460.00
Low Stock Price Target
$375.00
Potential Upside/Downside
+10.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$2.52 billion
Pretax Margin
16.70%

Debt

Sales & Book Value

Annual Sales
$14.59 billion
Cash Flow
$63.27 per share
Book Value
$313.59 per share

Miscellaneous

Free Float
42,937,000
Market Cap
$17.08 billion
Optionable
Optionable
Beta
0.57
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Key Executives

  • Mr. Juan Carlos Andrade (Age 58)
    President, CEO & Director
    Comp: $5.16M
  • Mr. Mark Kociancic (Age 55)
    Executive VP & Group CFO
    Comp: $2.82M
  • Mr. James Allan Williamson (Age 50)
    EVP, Group COO & Head of Everest Insurance Division
    Comp: $2.54M
  • Ms. Gail M. Van Beveren
    Executive VP & Chief Human Resources Officer
  • Mr. Michael Karmilowicz (Age 55)
    Executive VP & Chairman of Everest Global Insurance
    Comp: $2.19M
  • Mr. Seth W. Vance (Age 63)
    Chief Investment Officer
  • Mr. Robert Joseph Freiling
    Senior VP & Chief Accounting Officer
  • Mr. Brian Lee Bedner
    Head of Corporate Finance
  • Mr. Srini Maddineni
    Group Chief Information Officer, Senior VP and Global CIO for Insurance & Reinsurance Systems
  • Mr. Matthew Jay Rohrmann
    Senior VP & Head of Investor Relations

EG Stock Analysis - Frequently Asked Questions

Should I buy or sell Everest Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Group in the last twelve months. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EG shares.
View EG analyst ratings
or view top-rated stocks.

What is Everest Group's stock price target for 2024?

7 brokers have issued 1-year target prices for Everest Group's shares. Their EG share price targets range from $375.00 to $460.00. On average, they anticipate the company's stock price to reach $432.11 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for EG
or view top-rated stocks among Wall Street analysts.

How have EG shares performed in 2024?

Everest Group's stock was trading at $353.58 on January 1st, 2024. Since then, EG stock has increased by 11.1% and is now trading at $392.92.
View the best growth stocks for 2024 here
.

When is Everest Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our EG earnings forecast
.

How were Everest Group's earnings last quarter?

Everest Group, Ltd. (NYSE:EG) announced its earnings results on Monday, April, 29th. The company reported $16.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $15.98 by $0.34. The company earned $4.13 billion during the quarter, compared to analyst estimates of $4.05 billion. Everest Group had a trailing twelve-month return on equity of 24.86% and a net margin of 18.69%. The firm's quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.31 earnings per share.

How often does Everest Group pay dividends? What is the dividend yield for Everest Group?

Everest Group declared a quarterly dividend on Wednesday, May 15th. Shareholders of record on Wednesday, May 29th will be given a dividend of $2.00 per share on Friday, June 14th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Wednesday, May 29th. This is a boost from the stock's previous quarterly dividend of $1.75.
Read our dividend analysis for EG
.

Is Everest Group a good dividend stock?

Everest Group (NYSE:EG) pays an annual dividend of $7.00 per share and currently has a dividend yield of 1.80%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EG will have a dividend payout ratio of 10.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EG.

Who are Everest Group's major shareholders?

Everest Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.00%), Champlain Investment Partners LLC (2.08%), LSV Asset Management (0.88%), William Blair Investment Management LLC (0.84%), Los Angeles Capital Management LLC (0.86%) and Clearbridge Investments LLC (0.67%). Insiders that own company stock include James Allan Williamson, Mark Kociancic, Mike Karmilowicz and Roger M Singer.
View institutional ownership trends
.

How do I buy shares of Everest Group?

Shares of EG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EG) was last updated on 5/18/2024 by MarketBeat.com Staff

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