Everest Group Q1 EPS Estimate Decreased by Zacks Research

Everest Group, Ltd. (NYSE:EG - Free Report) - Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for Everest Group in a research note issued on Tuesday, April 1st. Zacks Research analyst T. De now expects that the company will post earnings per share of $5.30 for the quarter, down from their previous estimate of $9.39. 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 FY2025 earnings at $46.19 EPS, Q1 2026 earnings at $15.36 EPS and Q1 2027 earnings at $16.04 EPS.

A number of other analysts have also commented on EG. Barclays raised their price target on Everest Group from $461.00 to $470.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 4th. BMO Capital Markets cut shares of Everest Group from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $453.00 to $375.00 in a research report on Thursday, January 30th. Keefe, Bruyette & Woods boosted their price target on shares of Everest Group from $420.00 to $434.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Morgan Stanley restated an "equal weight" rating and issued a $340.00 price objective (down from $425.00) on shares of Everest Group in a report on Wednesday, February 5th. Finally, Wells Fargo & Company reduced their target price on Everest Group from $390.00 to $380.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $416.50.

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Everest Group Trading Up 4.0 %

EG traded up $12.98 during midday trading on Thursday, reaching $339.42. 111,900 shares of the company's stock traded hands, compared to its average volume of 431,249. 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 0.26, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a fifty day moving average of $349.98 and a two-hundred day moving average of $365.00. The stock has a market capitalization of $14.57 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 0.24 and a beta of 0.43.

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 (EPS) for the quarter, missing analysts' consensus estimates of $11.64 by ($30.03). Everest Group had a net margin of 7.95% and a return on equity of 9.04%.

Everest Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were given 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 2.36%. Everest Group's dividend payout ratio is currently 25.47%.

Insider Buying and Selling

In related news, Director Geraldine Losquadro sold 1,500 shares of the company'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 transaction, the director now owns 12,279 shares in the company, 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 SEC, which is available at this hyperlink. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Everest Group by 31,899.6% in the 1st quarter. GAMMA Investing LLC now owns 174,398 shares of the company's stock worth $63,364,000 after acquiring an additional 173,853 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Everest Group by 82.9% in the first quarter. Versant Capital Management Inc now owns 439 shares of the company's stock worth $160,000 after purchasing an additional 199 shares during the last quarter. First Hawaiian Bank lifted its holdings in shares of Everest Group by 15.3% during the first quarter. First Hawaiian Bank now owns 1,605 shares of the company's stock valued at $583,000 after purchasing an additional 213 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Everest Group by 12.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,680 shares of the company's stock valued at $1,696,000 after buying an additional 517 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Everest Group during the fourth quarter valued at $3,713,000. 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.