Shares of Everest Group, Ltd. (NYSE:EG – Get Free Report) have earned a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the company, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $407.94.
A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Cantor Fitzgerald upped their price objective on shares of Everest Group from $344.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Mizuho lowered their target price on shares of Everest Group from $416.00 to $398.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. UBS Group lifted their target price on shares of Everest Group from $374.00 to $395.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Weiss Ratings raised shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 21st.
View Our Latest Stock Analysis on Everest Group
Everest Group News Summary
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Everest reported record investment income in the third quarter, which helped offset pressure on underwriting results from catastrophe losses and adverse reserve development. Management discussed the results and business outlook on the earnings call. Everest Q3 2026 Earnings Call Transcript
- Neutral Sentiment: Third-quarter earnings were $7.62 per share, below the $9.38 consensus estimate, while revenue of $3.71 billion also missed expectations of $3.81 billion. Revenue declined 14% from the year-ago period, although EPS was slightly above the prior-year quarter’s $7.54. Everest Group Q3 Earnings Report
- Negative Sentiment: Multiple law firms announced or promoted a securities class action against Everest and certain executives. The lawsuits allege that the company misrepresented its ability to manage risks associated with expanding its U.S. casualty insurance business. Investors who purchased shares between February 8, 2024, and October 27, 2025, may seek lead-plaintiff status by December 28, 2026. The allegations have not been proven, but the litigation could increase legal costs, reputational risk and uncertainty around Everest’s casualty reserves. Everest Securities Class Action Announcement
Hedge Funds Weigh In On Everest Group
A number of institutional investors have recently made changes to their positions in EG. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Everest Group by 0.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,061 shares of the company’s stock valued at $1,848,000 after acquiring an additional 26 shares during the period. Parcion Private Wealth LLC increased its position in Everest Group by 5.5% during the third quarter. Parcion Private Wealth LLC now owns 591 shares of the company’s stock worth $216,000 after acquiring an additional 31 shares during the period. CX Institutional increased its position in Everest Group by 5.7% during the third quarter. CX Institutional now owns 596 shares of the company’s stock worth $218,000 after acquiring an additional 32 shares during the period. Baird Financial Group Inc. increased its position in Everest Group by 2.6% during the second quarter. Baird Financial Group Inc. now owns 1,317 shares of the company’s stock worth $470,000 after acquiring an additional 33 shares during the period. Finally, MBA Advisors LLC raised its stake in Everest Group by 5.4% during the 2nd quarter. MBA Advisors LLC now owns 666 shares of the company’s stock valued at $238,000 after purchasing an additional 34 shares during the last quarter. 92.64% of the stock is currently owned by institutional investors.
Everest Group Stock Up 3.1%
Shares of EG stock opened at $399.04 on Friday. The stock’s 50 day simple moving average is $377.67 and its 200 day simple moving average is $352.75. Everest Group has a twelve month low of $304.55 and a twelve month high of $411.21. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 0.57 and a beta of 0.26.
Everest Group (NYSE:EG – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a return on equity of 13.46% and a net margin of 11.70%. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same period in the previous year, the company earned $7.54 EPS. The firm’s revenue for the quarter was down 14.0% compared to the same quarter last year. As a group, research analysts predict that Everest Group will post 53.72 EPS for the current year.
Everest Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, September 9th. Everest Group’s dividend payout ratio (DPR) is currently 16.92%.
Everest Group Company Profile
Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.
The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.
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