Q1 EPS Estimates for Everest Group Lowered by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Research analysts at Zacks Research lowered their Q1 2025 earnings estimates for Everest Group in a research report issued to clients and investors on Tuesday, April 1st. Zacks Research analyst T. De now anticipates that the company will post earnings per share of $5.30 for the quarter, down from their prior forecast 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.

Everest Group (NYSE:EG) 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%.

Several other equities research analysts also recently commented on EG. Barclays lifted their target price on shares of Everest Group from $461.00 to $470.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 4th. Wells Fargo & Company reduced their price objective on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. 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 research report on Thursday, January 30th. Keefe, Bruyette & Woods upped their price target on Everest Group from $420.00 to $434.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, Morgan Stanley restated an “equal weight” rating and set a $340.00 price objective (down from $425.00) on shares of Everest Group in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $416.50.

Everest Group Stock Performance

Shares of EG stock opened at $361.92 on Thursday. The business’s 50-day moving average price is $351.48 and its 200-day moving average price is $366.12. Everest Group has a 12 month low of $327.37 and a 12 month high of $407.30. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $15.54 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 0.24 and a beta of 0.61.

Institutional Trading of Everest Group

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

Insider Buying and Selling

In other Everest Group news, Director Geraldine Losquadro sold 1,500 shares of Everest Group stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $360.63, for a total value of $540,945.00. Following the completion of the sale, the director now directly owns 12,279 shares of the company’s stock, valued at approximately $4,428,175.77. The trade was a 10.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.20% of the stock is currently owned by insiders.

Everest Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 17th were given 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 2.21%. Everest Group’s payout ratio is 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.