Zacks Research Forecasts Lower Earnings for Everest Group

Everest Group, Ltd. (NYSE:EG) – Equities research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Everest Group in a note issued to investors on Monday, February 17th. Zacks Research analyst T. De now expects that the company will earn $9.39 per share for the quarter, down from their previous forecast of $18.56. The consensus estimate for Everest Group’s current full-year earnings is $53.15 per share. Zacks Research also issued estimates for Everest Group’s Q2 2025 earnings at $15.61 EPS, Q3 2025 earnings at $9.79 EPS, Q4 2025 earnings at $16.12 EPS, FY2025 earnings at $50.92 EPS, Q1 2026 earnings at $17.60 EPS, Q2 2026 earnings at $17.32 EPS, Q3 2026 earnings at $12.32 EPS, Q4 2026 earnings at $16.80 EPS and FY2026 earnings at $64.05 EPS.

Everest Group (NYSE:EG) last posted its quarterly earnings results 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%.

A number of other brokerages have also weighed in on EG. TD Cowen cut their target price on shares of Everest Group from $444.00 to $419.00 and set a “hold” rating for the company in a research report on Monday, November 18th. Wells Fargo & Company cut their target price on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. Morgan Stanley reiterated an “equal weight” rating and set a $340.00 target price (down previously from $425.00) on shares of Everest Group in a research report on Wednesday, February 5th. BMO Capital Markets downgraded shares of Everest Group from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $453.00 to $375.00 in a report on Thursday, January 30th. Finally, Barclays increased their price target on shares of Everest Group from $461.00 to $470.00 and gave the stock an “overweight” rating in a report on Tuesday, February 4th. Six equities research 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 company currently has an average rating of “Hold” and a consensus price target of $416.50.

Everest Group Price Performance

Shares of NYSE:EG opened at $336.23 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $14.45 billion, a PE ratio of 10.70, a P/E/G ratio of 0.22 and a beta of 0.65. Everest Group has a twelve month low of $327.37 and a twelve month high of $407.30. The company has a 50-day moving average price of $354.32 and a two-hundred day moving average price of $370.93.

Institutional Investors Weigh In On Everest Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dakota Wealth Management raised its stake in Everest Group by 1.7% in the fourth quarter. Dakota Wealth Management now owns 1,945 shares of the company’s stock valued at $705,000 after purchasing an additional 32 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in Everest Group by 19.6% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 195 shares of the company’s stock valued at $71,000 after purchasing an additional 32 shares in the last quarter. Steph & Co. raised its stake in Everest Group by 10.6% in the fourth quarter. Steph & Co. now owns 366 shares of the company’s stock valued at $133,000 after purchasing an additional 35 shares in the last quarter. Lester Murray Antman dba SimplyRich raised its stake in Everest Group by 2.7% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 1,328 shares of the company’s stock valued at $481,000 after purchasing an additional 35 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its stake in Everest Group by 0.7% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 5,315 shares of the company’s stock valued at $1,913,000 after purchasing an additional 36 shares in the last quarter. 92.64% of the stock is owned by hedge funds and other institutional investors.

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.