Q1 EPS Estimates for Everest Group Boosted by Zacks Research

Everest Group, Ltd. (NYSE:EG - Free Report) - Stock analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Everest Group in a report issued on Tuesday, April 22nd. Zacks Research analyst T. De now anticipates that the company will post earnings of $6.78 per share for the quarter, up from their previous forecast of $5.30. 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 FY2025 earnings at $47.17 EPS, Q1 2026 earnings at $16.05 EPS, FY2026 earnings at $61.66 EPS and Q1 2027 earnings at $16.39 EPS.

EG has been the subject of a number of other research reports. Wells Fargo & Company decreased their price target on shares of Everest Group from $370.00 to $362.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. 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 report on Wednesday, April 9th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $340.00 price target (down previously from $425.00) on shares of Everest Group in a research report on Wednesday, February 5th. Jefferies Financial Group raised shares of Everest Group from a "hold" rating to a "buy" rating and raised their price target for the company from $376.00 to $415.00 in a research report on Friday, April 11th. 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. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $396.00.

Everest Group Trading Up 0.6 %

Shares of NYSE:EG traded up $2.23 during mid-day trading on Friday, hitting $355.38. The company had a trading volume of 354,670 shares, compared to its average volume of 371,329. The firm has a fifty day moving average price of $352.44 and a 200 day moving average price of $360.28. The company has a market capitalization of $16.98 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 0.24 and a beta of 0.43. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.40 and a quick ratio of 0.40. Everest Group has a one year low of $320.00 and a one year high of $407.30.

Everest Group (NYSE:EG - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The company reported ($18.39) earnings per share for the quarter, missing the consensus estimate of $11.64 by ($30.03). Everest Group had a net margin of 7.95% and a return on equity of 9.04%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EG. Te Ahumairangi Investment Management Ltd grew its position in Everest Group by 13.4% in the third quarter. Te Ahumairangi Investment Management Ltd now owns 36,095 shares of the company's stock worth $14,063,000 after acquiring an additional 4,255 shares in the last quarter. Pine Valley Investments Ltd Liability Co purchased a new position in Everest Group in the third quarter worth $2,551,000. Sanctuary Advisors LLC grew its position in Everest Group by 7.0% in the third quarter. Sanctuary Advisors LLC now owns 1,366 shares of the company's stock worth $531,000 after acquiring an additional 89 shares in the last quarter. World Investment Advisors LLC purchased a new position in Everest Group in the third quarter worth $350,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Everest Group in the third quarter worth $64,000. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Everest Group

In other 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 completion of the transaction, the director now directly owns 12,279 shares in the company, 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 Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Everest Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were paid a dividend of $2.00 per share. The ex-dividend date was Monday, March 17th. This represents a $8.00 annualized dividend and a dividend yield of 2.25%. Everest Group's payout ratio is currently 25.47%.

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.