Everest Group, Ltd. (NYSE:EG) to Post FY2026 Earnings of $79.46 Per Share, Zacks Research Forecasts

Everest Group, Ltd. (NYSE:EGFree Report) – Research analysts at Zacks Research raised their FY2026 earnings per share estimates for Everest Group in a report released on Wednesday, April 10th. Zacks Research analyst T. De now anticipates that the company will post earnings of $79.46 per share for the year, up from their prior forecast of $79.34. The consensus estimate for Everest Group’s current full-year earnings is $61.21 per share.

Everest Group (NYSE:EGGet Free Report) last posted its earnings results on Wednesday, February 7th. The company reported $25.18 EPS for the quarter, beating the consensus estimate of $14.63 by $10.55. Everest Group had a return on equity of 25.05% and a net margin of 17.26%. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same quarter in the prior year, the company posted $12.21 earnings per share. Everest Group’s revenue for the quarter was up 12.4% compared to the same quarter last year.

EG has been the topic of a number of other reports. Keefe, Bruyette & Woods lifted their price objective on shares of Everest Group from $445.00 to $457.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Wells Fargo & Company lowered their target price on shares of Everest Group from $402.00 to $397.00 and set an “equal weight” rating on the stock in a report on Thursday, April 11th. Morgan Stanley cut their target price on Everest Group from $466.00 to $450.00 and set an “overweight” rating for the company in a research note on Monday. Citigroup cut shares of Everest Group from a “buy” rating to a “neutral” rating and dropped their target price for the company from $452.00 to $375.00 in a report on Monday, February 12th. Finally, TD Cowen started coverage on Everest Group in a report on Wednesday, January 10th. They set a “market perform” rating and a $421.00 price objective for the company. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $432.11.

Check Out Our Latest Report on Everest Group

Everest Group Price Performance

Shares of NYSE:EG opened at $359.95 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.37. Everest Group has a 12 month low of $331.08 and a 12 month high of $417.92. The firm has a market capitalization of $15.61 billion, a P/E ratio of 6.03, a P/E/G ratio of 3.19 and a beta of 0.56. The company’s fifty day moving average price is $376.05 and its 200 day moving average price is $380.50.

Everest Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 19th were paid a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Monday, March 18th. Everest Group’s dividend payout ratio is currently 11.72%.

Insider Buying and Selling

In related news, CFO Mark Kociancic acquired 1,000 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were acquired at an average price of $349.00 per share, for a total transaction of $349,000.00. Following the completion of the purchase, the chief financial officer now directly owns 25,733 shares of the company’s stock, valued at $8,980,817. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Everest Group news, CEO Mike Karmilowicz acquired 285 shares of Everest Group stock in a transaction dated Friday, February 9th. The stock was bought at an average price of $352.39 per share, for a total transaction of $100,431.15. Following the transaction, the chief executive officer now owns 10,586 shares in the company, valued at approximately $3,730,400.54. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Mark Kociancic acquired 1,000 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were bought at an average price of $349.00 per share, with a total value of $349,000.00. Following the transaction, the chief financial officer now directly owns 25,733 shares in the company, valued at approximately $8,980,817. The disclosure for this purchase can be found here. Insiders purchased 2,485 shares of company stock valued at $874,786 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Everest Group

Large investors have recently added to or reduced their stakes in the company. Uncommon Cents Investing LLC acquired a new position in Everest Group in the fourth quarter worth approximately $1,016,000. Oak Thistle LLC acquired a new position in shares of Everest Group during the fourth quarter worth approximately $2,717,000. Synergy Asset Management LLC bought a new stake in shares of Everest Group in the fourth quarter valued at approximately $9,914,000. Grove Bank & Trust acquired a new stake in shares of Everest Group in the fourth quarter worth $154,000. Finally, State of Alaska Department of Revenue bought a new position in Everest Group during the fourth quarter worth $5,821,000. 92.64% of the stock is owned by institutional investors and hedge funds.

Everest Group Company Profile

(Get Free Report)

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.

See Also

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

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