Everest Group (NYSE:EG) Reaches New 1-Year High – What’s Next?

Everest Group, Ltd. (NYSE:EG)’s stock price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $411.21 and last traded at $397.5590, with a volume of 158,909 shares changing hands. The stock had previously closed at $386.88.

Everest Group News Summary

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

• Positive Sentiment: RBC raised its price target to $475 and maintained an “outperform” rating, implying roughly 15% potential upside from the recently cited share price. The revision provides a favorable counterpoint to the company’s weaker quarterly results. RBC raises Everest Group price target
• Positive Sentiment: Everest agreed to sell its Chilean insurance operations to AIG. The transaction could simplify the portfolio, improve capital allocation and allow management to focus on higher-priority markets, although financial terms and the effect on earnings were not provided. Everest announces Chile operations sale
• Neutral Sentiment: Morgan Stanley raised its target to $395 but retained an “equal weight” rating. The higher target reflects improved valuation expectations, but it remains below the recently cited trading level, signaling limited near-term upside in the firm’s view. Morgan Stanley raises Everest Group price target
• Negative Sentiment: Third-quarter earnings missed expectations. Everest reported $7.62 in adjusted EPS versus the $9.38 consensus estimate, while revenue of $3.71 billion also fell short of forecasts and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profitability, despite record investment income. Everest Group Q3 earnings miss
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action against Everest. The lawsuit alleges the company misrepresented its management of risks tied to its expanding U.S. casualty business. Investors who purchased shares between February 8, 2024, and October 27, 2025, have until December 28, 2026, to seek lead-plaintiff status, creating legal, reputational and potential financial risks. Everest Group investor lawsuit alert

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Evercore set a $377.00 price objective on shares of Everest Group in a research note on Thursday, July 30th. Morgan Stanley upped their target price on shares of Everest Group from $375.00 to $395.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings raised shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Cantor Fitzgerald raised their price target on shares of Everest Group from $344.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Finally, Mizuho dropped their price target on shares of Everest Group from $416.00 to $398.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Six equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Everest Group has an average rating of “Hold” and an average price target of $411.38.

Everest Group Price Performance

The company’s fifty day moving average price is $378.52 and its 200 day moving average price is $353.16. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.35 and a current ratio of 0.36. The firm has a market capitalization of $15.78 billion, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26.

Everest Group (NYSE:EG) last released its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing the consensus estimate of $9.38 by ($1.76). Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same quarter last year, the company earned $7.54 EPS. Everest Group’s revenue was down 14.0% compared to the same quarter last year. Equities research analysts expect that Everest Group, Ltd. will post 53.72 earnings per share for the current year.

Everest Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $8.00 annualized dividend and a dividend yield of 1.9%. Everest Group’s dividend payout ratio is 16.91%.

Institutional Trading of Everest Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Everest Group during the 2nd quarter valued at $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Everest Group in the 2nd quarter worth $350,718,000. William Blair Investment Management LLC acquired a new stake in shares of Everest Group in the second quarter valued at $171,426,000. Donald Smith & CO. Inc. acquired a new stake in shares of Everest Group in the second quarter valued at $153,206,000. Finally, Hsbc Holdings PLC grew its holdings in Everest Group by 507.4% during the first quarter. Hsbc Holdings PLC now owns 449,919 shares of the company’s stock worth $147,102,000 after acquiring an additional 375,846 shares during the period. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Everest Group Company Profile

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.