Q3 EPS Estimates for Everest Group Cut by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Zacks Research lowered their Q3 2027 EPS estimates for Everest Group in a report issued on Friday, June 19th. Zacks Research analyst Team now expects that the company will post earnings of $13.74 per share for the quarter, down from their previous forecast of $13.76. The consensus estimate for Everest Group’s current full-year earnings is $52.79 per share. Zacks Research also issued estimates for Everest Group’s Q4 2027 earnings at $14.69 EPS, FY2027 earnings at $58.93 EPS and Q1 2028 earnings at $17.56 EPS.

Everest Group (NYSE:EG) last announced its quarterly earnings results on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. The business had revenue of $4.07 billion during the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%.

A number of other analysts have also weighed in on EG. Wells Fargo & Company increased their target price on shares of Everest Group from $332.00 to $356.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Morgan Stanley boosted their price target on Everest Group from $340.00 to $355.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Keefe, Bruyette & Woods boosted their price target on Everest Group from $402.00 to $411.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Everest Group in a research report on Friday, May 22nd. Finally, Barclays increased their price objective on Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $370.07.

Everest Group Price Performance

Shares of Everest Group stock opened at $344.00 on Wednesday. The company’s fifty day simple moving average is $343.00 and its two-hundred day simple moving average is $333.90. Everest Group has a 12-month low of $302.44 and a 12-month high of $368.29. The firm has a market cap of $13.61 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.52 and a beta of 0.31. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.23.

Everest Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th. Everest Group’s dividend payout ratio (DPR) is currently 16.27%.

Insider Buying and Selling at Everest Group

In other news, CEO Jason Keen sold 775 shares of Everest Group stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $351.84, for a total transaction of $272,676.00. Following the sale, the chief executive officer owned 8,170 shares of the company’s stock, valued at approximately $2,874,532.80. The trade was a 8.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Everest Group

Institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its holdings in Everest Group by 70.1% in the first quarter. Parallel Advisors LLC now owns 767 shares of the company’s stock worth $251,000 after buying an additional 316 shares during the period. Summitry LLC purchased a new position in shares of Everest Group during the 1st quarter worth approximately $202,000. Bank of America Corp DE grew its holdings in shares of Everest Group by 7.7% during the 1st quarter. Bank of America Corp DE now owns 233,326 shares of the company’s stock worth $76,263,000 after acquiring an additional 16,701 shares during the period. Edgestream Partners L.P. grew its holdings in shares of Everest Group by 18.7% during the 1st quarter. Edgestream Partners L.P. now owns 23,149 shares of the company’s stock worth $7,566,000 after acquiring an additional 3,647 shares during the period. Finally, Strategic Investment Advisors MI raised its position in shares of Everest Group by 73.8% in the 1st quarter. Strategic Investment Advisors MI now owns 3,717 shares of the company’s stock worth $1,212,000 after acquiring an additional 1,578 shares in the last quarter. 92.64% of the stock is owned by institutional investors.

Everest Group Company Profile

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.