Zacks Research Forecasts Lower Earnings for Everest Group

Everest Group, Ltd. (NYSE:EGFree Report) – Analysts at Zacks Research reduced their Q1 2025 EPS estimates for Everest Group in a research report issued to clients and investors on Monday, February 17th. Zacks Research analyst T. De now anticipates that the company will post earnings per share of $9.39 for the quarter, down from their prior 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:EGGet Free Report) last issued its earnings results on Monday, February 3rd. The company reported ($18.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $11.64 by ($30.03). Everest Group had a return on equity of 9.04% and a net margin of 7.95%.

Several other research analysts have also recently issued reports on the stock. BMO Capital Markets cut shares of Everest Group from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $453.00 to $375.00 in a report on Thursday, January 30th. Jefferies Financial Group cut shares of Everest Group from a “buy” rating to a “hold” rating and raised their target price for the stock from $420.00 to $429.00 in a report on Tuesday, November 26th. Keefe, Bruyette & Woods raised their target price on shares of Everest Group from $420.00 to $434.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Morgan Stanley restated an “equal weight” rating and issued a $340.00 target price (down previously from $425.00) on shares of Everest Group in a report on Wednesday, February 5th. Finally, Wells Fargo & Company cut their price target on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $416.50.

Read Our Latest Analysis on Everest Group

Everest Group Stock Down 0.6 %

Shares of Everest Group stock opened at $336.23 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. Everest Group has a 52-week low of $327.37 and a 52-week high of $407.30. The stock has a market capitalization of $14.45 billion, a price-to-earnings ratio of 10.70, a P/E/G ratio of 0.22 and a beta of 0.65. The company’s 50 day moving average price is $354.32 and its 200-day moving average price is $370.93.

Institutional Trading of Everest Group

Several large investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new position in Everest Group during the fourth quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in Everest Group during the fourth quarter valued at $31,000. Eastern Bank purchased a new position in Everest Group during the third quarter valued at $35,000. Brooklyn Investment Group purchased a new position in Everest Group during the third quarter valued at $39,000. Finally, Optiver Holding B.V. purchased a new position in Everest Group during the fourth quarter valued at $51,000. Institutional investors own 92.64% of the company’s stock.

Everest Group Company Profile

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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.

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Earnings History and Estimates for Everest Group (NYSE:EG)

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