Everest Group (NYSE:EG) Price Target Raised to $428.00

Posted by Brenda Bartman on Nov 5th, 2026

Everest Group (NYSE:EG – Free Report) had its price objective boosted by Wells Fargo & Company from $396.00 to $428.00 in a report issued on Monday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

Several other analysts have also issued reports on the company. Keefe, Bruyette & Woods cut their target price on Everest Group from $414.00 to $407.00 and set an “outperform” rating for the company in a research note on Monday, October 12th. Evercore set a $377.00 price target on shares of Everest Group in a research report on Thursday, July 30th. Citigroup lifted their price target on shares of Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Cantor Fitzgerald boosted their price objective on shares of Everest Group from $390.00 to $419.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Weiss Ratings upgraded shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Five research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Everest Group has an average rating of “Hold” and an average price target of $426.27.

Get Our Latest Report on EG

Everest Group Price Performance

EG opened at $420.93 on Monday. The stock has a 50-day moving average price of $381.07 and a 200-day moving average price of $354.58. Everest Group has a 12-month low of $304.55 and a 12-month high of $421.52. The company has a current ratio of 0.36, a quick ratio of 0.35 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $15.59 billion, a P/E ratio of 8.90, a PEG ratio of 0.57 and a beta of 0.23.

Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing the consensus estimate of $9.38 by ($1.76). The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.71%. Everest Group’s revenue for the quarter was down 14.0% compared to the same quarter last year. During the same quarter last year, the company posted $7.54 earnings per share. Equities analysts predict that Everest Group will post 52.80 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were issued a $2.00 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $8.00 annualized dividend and a dividend yield of 1.9%. Everest Group’s payout ratio is currently 16.91%.

Institutional Investors Weigh In On Everest Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in Everest Group during the 2nd quarter valued at approximately $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Everest Group in the 2nd quarter worth approximately $350,718,000. William Blair Investment Management LLC purchased a new stake in Everest Group in the 2nd quarter worth approximately $171,426,000. Donald Smith & CO. Inc. bought a new stake in shares of Everest Group in the 2nd quarter worth approximately $153,206,000. Finally, Hsbc Holdings PLC grew its position in shares of Everest Group by 507.4% in the 1st quarter. Hsbc Holdings PLC now owns 449,919 shares of the company’s stock worth $147,102,000 after buying an additional 375,846 shares during the last quarter. Institutional investors own 92.64% of the company’s stock.

More Everest Group News

Here are the key news stories impacting Everest Group this week:

Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $450 from $407 and maintained an “outperform” rating, implying further upside from the cited share price. Separate reports also noted higher price targets from Wells Fargo and Cantor Fitzgerald, and a positive appreciation outlook from UBS. Keefe, Bruyette & Woods rating information Wells Fargo price target report Cantor Fitzgerald price target report UBS outlook report
Neutral Sentiment: Several law firms issued investor notices about the same lawsuit and lead-plaintiff deadline; the notices do not describe separate cases. The proposed class period is February 8, 2024, through October 27, 2025, with a December 28, 2026 deadline to seek lead-plaintiff status. Investor notice
Negative Sentiment: The securities lawsuit alleges Everest Group and its executives made false or misleading statements. The claims are allegations, but the litigation could create legal costs and uncertainty for investors. Class action investor alert

Everest Group Company Profile

(Get Free Report)

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.