Zacks Research Predicts Reduced Earnings for Everest Group

Everest Group, Ltd. (NYSE:EG) – Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for Everest Group in a report issued on Tuesday, April 1st. Zacks Research analyst T. De now expects that the company will post earnings of $5.30 per share 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.

EG has been the topic of a number of other research reports. Keefe, Bruyette & Woods raised their price objective on shares of Everest Group from $420.00 to $434.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Barclays upped their price objective on Everest Group from $461.00 to $470.00 and gave the company an “overweight” rating in a report on Tuesday, February 4th. BMO Capital Markets lowered Everest Group from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $453.00 to $375.00 in a report on Thursday, January 30th. Wells Fargo & Company cut their price target on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $340.00 price objective (down previously from $425.00) on shares of Everest Group in a research note on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $416.50.

Everest Group Stock Performance

Shares of EG stock opened at $365.59 on Thursday. Everest Group has a 12-month low of $327.37 and a 12-month 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 market capitalization of $15.70 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 0.24 and a beta of 0.61. The business has a 50 day simple moving average of $351.50 and a 200 day simple moving average of $366.15.

Everest Group (NYSE:EG) last issued its earnings results 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 company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 17th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 2.19%. The ex-dividend date was Monday, March 17th. Everest Group’s payout ratio is 25.47%.

Insider Buying and Selling at Everest Group

In other Everest Group news, Director Geraldine Losquadro sold 1,500 shares of Everest Group stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $360.63, for a total transaction of $540,945.00. Following the transaction, 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 legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Everest Group

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Everest Group by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 5,560,030 shares of the company’s stock valued at $2,015,288,000 after acquiring an additional 43,793 shares during the period. Norges Bank acquired a new position in Everest Group in the fourth quarter valued at about $488,588,000. Franklin Resources Inc. grew its position in Everest Group by 0.4% during the 4th quarter. Franklin Resources Inc. now owns 1,281,611 shares of the company’s stock worth $464,533,000 after acquiring an additional 4,544 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Everest Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,164,081 shares of the company’s stock valued at $424,344,000 after buying an additional 8,321 shares in the last quarter. Finally, Vulcan Value Partners LLC increased its position in Everest Group by 279.1% in the 4th quarter. Vulcan Value Partners LLC now owns 978,713 shares of the company’s stock valued at $354,768,000 after acquiring an additional 720,572 shares in the last quarter. 92.64% of the stock is currently owned by institutional investors and hedge funds.

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.