Q1 EPS Estimates for Everest Group Reduced by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Stock analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of Everest Group in a research report issued on Tuesday, April 1st. Zacks Research analyst T. De now forecasts that the company will post earnings of $5.30 per share for the quarter, down from their previous 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.

A number of other analysts have also recently commented on the stock. Morgan Stanley reissued an “equal weight” rating and set a $340.00 target price (down previously from $425.00) on shares of Everest Group in a research note on Wednesday, February 5th. BMO Capital Markets lowered Everest Group from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $453.00 to $375.00 in a research note on Thursday, January 30th. Wells Fargo & Company lowered their price target on 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. Keefe, Bruyette & Woods increased their price objective on Everest Group from $420.00 to $434.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, 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 note on Tuesday, February 4th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $416.50.

Everest Group Price Performance

Everest Group stock opened at $337.09 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.40 and a current ratio of 0.40. The stock has a market capitalization of $14.47 billion, a P/E ratio of 10.73, a P/E/G ratio of 0.24 and a beta of 0.43. Everest Group has a 1 year low of $327.37 and a 1 year high of $407.30. The company’s fifty day moving average price is $350.91 and its 200 day moving average price is $365.75.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Monday, February 3rd. The company reported ($18.39) EPS for the quarter, missing analysts’ consensus estimates of $11.64 by ($30.03). Everest Group had a net margin of 7.95% and a return on equity of 9.04%.

Institutional Investors Weigh In On Everest Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dakota Wealth Management grew its holdings in shares of Everest Group by 1.7% during the 4th quarter. Dakota Wealth Management now owns 1,945 shares of the company’s stock worth $705,000 after purchasing an additional 32 shares during the period. Wilmington Savings Fund Society FSB boosted its stake in Everest Group by 19.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 195 shares of the company’s stock worth $71,000 after buying an additional 32 shares during the period. Steph & Co. increased its position in shares of Everest Group by 10.6% during the fourth quarter. Steph & Co. now owns 366 shares of the company’s stock valued at $133,000 after acquiring an additional 35 shares during the last quarter. Lester Murray Antman dba SimplyRich raised its stake in shares of Everest Group by 2.7% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 1,328 shares of the company’s stock valued at $481,000 after acquiring an additional 35 shares during the period. Finally, Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Everest Group by 0.7% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 5,315 shares of the company’s stock worth $1,913,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Insider Activity at Everest Group

In related news, Director Geraldine Losquadro sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $360.63, for a total value of $540,945.00. Following the transaction, the director now directly owns 12,279 shares in the company, valued at approximately $4,428,175.77. This represents a 10.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.20% of the stock is currently owned by insiders.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $8.00 annualized dividend and a dividend yield of 2.37%. Everest Group’s payout ratio is 25.47%.

About Everest Group

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.