Zacks Research Cuts Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG) – Analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of Everest Group in a report 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 previous 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 analysts have also recently commented on the company. TD Cowen cut their target price on Everest Group from $444.00 to $419.00 and set a “hold” rating on the stock in a research report on Monday, November 18th. Wells Fargo & Company reduced their price objective on Everest Group from $406.00 to $402.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 5th. Barclays cut their target price on shares of Everest Group from $527.00 to $517.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. UBS Group upgraded shares of Everest Group to a “hold” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group raised their price target on Everest Group from $440.00 to $457.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $434.10.

Everest Group Price Performance

Shares of NYSE:EG opened at $389.00 on Friday. Everest Group has a 12 month low of $343.76 and a 12 month high of $417.92. The firm has a market capitalization of $16.72 billion, a P/E ratio of 6.09, a P/E/G ratio of 2.72 and a beta of 0.63. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.40 and a quick ratio of 0.40. The company’s fifty day moving average price is $380.64 and its 200 day moving average price is $380.71.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mizuho Securities USA LLC increased its position in Everest Group by 12,263.1% during the third quarter. Mizuho Securities USA LLC now owns 415,400 shares of the company’s stock worth $162,766,000 after buying an additional 412,040 shares in the last quarter. World Investment Advisors LLC purchased a new stake in Everest Group during the 3rd quarter worth about $120,564,000. Boston Partners raised its stake in Everest Group by 29.1% in the 1st quarter. Boston Partners now owns 1,197,457 shares of the company’s stock valued at $475,750,000 after purchasing an additional 269,665 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Everest Group by 442.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 308,155 shares of the company’s stock valued at $120,744,000 after purchasing an additional 251,337 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in shares of Everest Group by 30.2% during the 2nd quarter. William Blair Investment Management LLC now owns 580,171 shares of the company’s stock worth $221,057,000 after purchasing an additional 134,517 shares during the last quarter. Institutional investors and hedge funds own 92.64% of the company’s stock.

Insider Activity at Everest Group

In related news, EVP Mike Karmilowicz sold 269 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $348.48, for a total value of $93,741.12. Following the completion of the transaction, the executive vice president now directly owns 12,726 shares of the company’s stock, valued at $4,434,756.48. This trade represents a 2.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William F. Galtney, Jr. bought 2,870 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were purchased at an average price of $348.64 per share, for a total transaction of $1,000,596.80. Following the completion of the transaction, the director now owns 32,822 shares of the company’s stock, valued at $11,443,062.08. This represents a 9.58 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be issued a $2.00 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $8.00 annualized dividend and a dividend yield of 2.06%. Everest Group’s dividend payout ratio is currently 12.52%.

About Everest Group

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.