Everest Group (EG) Expected to Announce Earnings on Wednesday

Everest Group (NYSE:EG - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Everest Group to post earnings of $7.35 per share and revenue of $3.89 billion for the quarter.

Everest Group (NYSE:EG - Get Free Report) last posted its earnings results on Monday, February 3rd. The company reported ($18.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $11.64 by ($30.03). Everest Group had a return on equity of 9.04% and a net margin of 7.95%. On average, analysts expect Everest Group to post $48 EPS for the current fiscal year and $62 EPS for the next fiscal year.

Everest Group Trading Down 0.5 %

Everest Group stock traded down $1.87 during mid-day trading on Friday, hitting $353.32. 256,098 shares of the company's stock were exchanged, compared to its average volume of 371,087. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $16.88 billion, a P/E ratio of 11.25, a PEG ratio of 0.24 and a beta of 0.43. The company's 50 day simple moving average is $352.06 and its 200-day simple moving average is $360.98. Everest Group has a fifty-two week low of $320.00 and a fifty-two week high of $407.30.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were issued a $2.00 dividend. The ex-dividend date was Monday, March 17th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.26%. Everest Group's dividend payout ratio (DPR) is 25.47%.

Insider Activity at Everest Group

In other Everest Group news, Director Geraldine Losquadro sold 1,500 shares of the business's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $360.63, for a total value of $540,945.00. Following the completion of the sale, the director now 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EG has been the topic of several analyst reports. Keefe, Bruyette & Woods dropped their target price on Everest Group from $434.00 to $402.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. UBS Group decreased their target price on shares of Everest Group from $375.00 to $372.00 and set a "neutral" rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company dropped their price target on shares of Everest Group from $370.00 to $362.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Morgan Stanley reissued an "equal weight" rating and issued a $340.00 price objective (down previously from $425.00) on shares of Everest Group in a research report on Wednesday, February 5th. Finally, BMO Capital Markets cut shares of Everest Group from an "outperform" rating to a "market perform" rating and dropped their target price for the company from $453.00 to $375.00 in a report on Thursday, January 30th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $396.00.

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.