Zacks Research Reduces Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG) – Equities researchers at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for shares of Everest Group in a report released on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $8.88 for the quarter, down from their previous estimate of $9.03. The consensus estimate for Everest Group’s current full-year earnings is $52.83 per share. Zacks Research also issued estimates for Everest Group’s Q4 2026 earnings at $13.29 EPS, FY2026 earnings at $53.10 EPS, Q1 2027 earnings at $16.40 EPS, Q2 2027 earnings at $15.02 EPS, Q3 2027 earnings at $13.78 EPS, FY2027 earnings at $59.23 EPS, Q1 2028 earnings at $17.57 EPS, Q2 2028 earnings at $16.61 EPS and FY2028 earnings at $66.63 EPS.

Everest Group (NYSE:EG) last released its quarterly earnings data on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, beating the consensus estimate of $14.52 by $0.33. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The company’s revenue was down 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $16.10 earnings per share.

EG has been the topic of a number of other reports. Evercore set a $377.00 price target on shares of Everest Group in a research note on Thursday, July 30th. Atlantic Securities set a $484.00 price objective on shares of Everest Group in a research note on Wednesday, July 15th. Weiss Ratings raised shares of Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Barclays increased their target price on Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Finally, Keefe, Bruyette & Woods raised their price target on Everest Group from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $395.27.

Everest Group Price Performance

EG opened at $368.89 on Friday. The company has a market capitalization of $14.14 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.72 and a beta of 0.29. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $365.72 and a 200-day moving average price of $346.63. Everest Group has a twelve month low of $302.44 and a twelve month high of $401.07.

Everest Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 9th. Everest Group’s dividend payout ratio is 16.92%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EG. Trifecta Capital Advisors LLC purchased a new position in shares of Everest Group during the 2nd quarter valued at $29,000. Activest Wealth Management bought a new position in shares of Everest Group in the fourth quarter worth $34,000. Raiffeisen Bank International AG purchased a new stake in shares of Everest Group in the fourth quarter worth $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Everest Group in the fourth quarter worth $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Everest Group during the second quarter valued at $39,000. 92.64% of the stock is owned by institutional investors.

More Everest Group News

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

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $53.10 from $52.49, slightly above the broader consensus of $52.83. The firm also lifted its FY2027 forecast to $59.23 from $58.45 and its FY2028 forecast to $66.63 from $65.28, signaling improved expectations for Everest Group’s longer-term earnings power.
• Positive Sentiment: Quarterly estimates were increased for Q4 2026 to $13.29 from $13.12, Q1 2027 to $16.40 from $16.32, Q2 2027 to $15.02 from $13.87, Q3 2027 to $13.78 from $13.67, Q1 2028 to $17.57 from $17.42, and Q2 2028 to $16.61 from $16.18. The largest revision was for Q2 2027, potentially indicating stronger underwriting or investment results than previously expected.
• Neutral Sentiment: Zacks maintained estimates of $8.88 EPS for Q3 2026 and $52.83 for the current full year, while projecting $66.63 EPS for FY2028. These forecasts provide a favorable growth outlook but do not represent changes to the current consensus estimate.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $8.88 from $9.03 and reduced its Q4 2027 forecast to $14.04 from $14.59. The Q3 downgrade could weigh modestly on near-term sentiment, although it is partly offset by the numerous upward revisions for later periods.

About Everest Group

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.