Everest Group, Ltd. (NYSE:EG – Free Report) – Investment analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Everest Group in a research note issued on Wednesday, November 20th. Zacks Research analyst T. De now expects that the company will earn $18.56 per share for the quarter, down from their prior estimate of $18.79. The consensus estimate for Everest Group’s current full-year earnings is $58.47 per share. Zacks Research also issued estimates for Everest Group’s Q2 2025 earnings at $19.28 EPS, Q4 2025 earnings at $16.99 EPS, Q1 2026 earnings at $20.50 EPS and FY2026 earnings at $78.30 EPS.
A number of other research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods lowered their price objective on Everest Group from $454.00 to $438.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Bank of America cut their price objective on shares of Everest Group from $496.00 to $485.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th. Jefferies Financial Group increased their price target on shares of Everest Group from $440.00 to $457.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. UBS Group raised shares of Everest Group to a “hold” rating in a research report on Wednesday, October 9th. Finally, BMO Capital Markets cut their target price on Everest Group from $383.00 to $372.00 and set a “market perform” rating on the stock in a research note on Thursday, November 14th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Everest Group presently has an average rating of “Moderate Buy” and a consensus target price of $434.10.
Everest Group Stock Performance
Shares of EG opened at $385.65 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.22. The stock has a market cap of $16.58 billion, a P/E ratio of 6.04, a P/E/G ratio of 2.72 and a beta of 0.63. The business’s 50 day moving average price is $380.64 and its 200-day moving average price is $380.71. Everest Group has a 52 week low of $343.76 and a 52 week high of $417.92.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. American National Bank bought a new position in Everest Group during the second quarter valued at $27,000. M&R Capital Management Inc. purchased a new stake in shares of Everest Group during the 3rd quarter valued at about $29,000. Bruce G. Allen Investments LLC lifted its holdings in shares of Everest Group by 200.0% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 78 shares of the company’s stock valued at $31,000 after acquiring an additional 52 shares during the last quarter. Eastern Bank bought a new position in shares of Everest Group in the 3rd quarter valued at about $35,000. Finally, Brooklyn Investment Group purchased a new position in Everest Group in the third quarter worth about $39,000. 92.64% of the stock is currently owned by institutional investors.
Insider Transactions at Everest Group
In related news, Director William F. Galtney, Jr. purchased 2,870 shares of Everest Group stock in a transaction on Monday, November 4th. The shares were bought at an average cost of $348.64 per share, for a total transaction of $1,000,596.80. Following the acquisition, the director now owns 32,822 shares in the company, valued at approximately $11,443,062.08. The trade was a 9.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO James Allan Williamson sold 200 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $370.00, for a total value of $74,000.00. Following the transaction, the chief operating officer now directly owns 15,009 shares of the company’s stock, valued at approximately $5,553,330. The trade was a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
Everest Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Wednesday, November 27th will be paid a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.07%. Everest Group’s dividend payout ratio (DPR) is presently 12.52%.
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.
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