FY2026 EPS Estimates for EverQuote Reduced by Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research dropped their FY2026 earnings estimates for EverQuote in a note issued to investors on Thursday, April 9th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.86 for the year, down from their prior estimate of $1.89. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share. Zacks Research also issued estimates for EverQuote’s FY2027 earnings at $2.22 EPS.

EVER has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c)” rating on shares of EverQuote in a report on Thursday, January 22nd. Canaccord Genuity Group cut their target price on shares of EverQuote from $33.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Craig Hallum reaffirmed a “buy” rating and issued a $20.00 target price on shares of EverQuote in a report on Tuesday, February 24th. Wall Street Zen cut shares of EverQuote from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 4th. Finally, Needham & Company LLC cut their target price on shares of EverQuote from $40.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, EverQuote presently has a consensus rating of “Moderate Buy” and an average price target of $23.83.

EverQuote Trading Up 2.9%

EVER stock opened at $15.53 on Monday. EverQuote has a twelve month low of $13.93 and a twelve month high of $28.73. The company’s 50 day moving average is $15.87 and its two-hundred day moving average is $21.36. The stock has a market cap of $559.55 million, a P/E ratio of 5.88 and a beta of 0.62.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, February 23rd. The company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $1.19. EverQuote had a net margin of 14.34% and a return on equity of 57.65%. The company had revenue of $195.32 million for the quarter, compared to analysts’ expectations of $176.82 million. During the same quarter last year, the company earned $0.33 earnings per share. The firm’s revenue for the quarter was up 32.3% on a year-over-year basis.

Hedge Funds Weigh In On EverQuote

Several institutional investors have recently bought and sold shares of the company. Invesco Ltd. increased its stake in EverQuote by 31.6% in the 4th quarter. Invesco Ltd. now owns 49,143 shares of the company’s stock valued at $1,327,000 after buying an additional 11,808 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in EverQuote by 40.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 13,343 shares of the company’s stock valued at $360,000 after buying an additional 3,813 shares during the period. NewEdge Advisors LLC increased its stake in EverQuote by 484.3% in the 4th quarter. NewEdge Advisors LLC now owns 13,223 shares of the company’s stock valued at $357,000 after buying an additional 10,960 shares during the period. Zacks Investment Management increased its stake in EverQuote by 1.2% in the 4th quarter. Zacks Investment Management now owns 66,281 shares of the company’s stock valued at $1,790,000 after buying an additional 782 shares during the period. Finally, nVerses Capital LLC acquired a new position in EverQuote in the 4th quarter valued at $265,000. 91.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CAO Jon Ayotte sold 1,730 shares of EverQuote stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $15.56, for a total value of $26,918.80. Following the transaction, the chief accounting officer directly owned 86,202 shares of the company’s stock, valued at $1,341,303.12. The trade was a 1.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jayme Mendal sold 14,360 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $14.98, for a total transaction of $215,112.80. Following the completion of the transaction, the chief executive officer directly owned 541,777 shares in the company, valued at $8,115,819.46. This represents a 2.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,455 shares of company stock worth $619,283 over the last ninety days. Corporate insiders own 25.52% of the company’s stock.

EverQuote Company Profile

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.