Everest Group (NYSE:EG) Stock Price Target Raised at Morgan Stanley

Everest Group (NYSE:EG) had its price target upped by Morgan Stanley from $375.00 to $395.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an equal weight rating on the stock.

Other analysts have also issued research reports about the company. Citigroup increased their price objective on Everest Group from $395.00 to $415.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada lifted their target price on shares of Everest Group from $455.00 to $475.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings upgraded shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. TD Cowen increased their price target on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Finally, Evercore set a $377.00 price target on shares of Everest Group in a report on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Everest Group currently has a consensus rating of “Hold” and a consensus price target of $411.38.

Everest Group Price Performance

EG opened at $411.58 on Friday. The stock’s 50 day simple moving average is $378.52 and its 200 day simple moving average is $353.16. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.35. Everest Group has a 1 year low of $304.55 and a 1 year high of $413.00. The firm has a market cap of $15.78 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 0.59 and a beta of 0.26.

Everest Group (NYSE:EG) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period last year, the firm earned $7.54 earnings per share. Everest Group’s revenue for the quarter was down 14.0% on a year-over-year basis. As a group, analysts predict that Everest Group will post 53.72 earnings per share for the current year.

Everest Group Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EG. Provenance Wealth Advisors LLC increased its position in shares of Everest Group by 1,283.3% during the third quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock valued at $30,000 after buying an additional 77 shares during the period. MBA Advisors LLC raised its stake in Everest Group by 25.1% in the third quarter. MBA Advisors LLC now owns 833 shares of the company’s stock worth $304,000 after buying an additional 167 shares in the last quarter. One Way Holdings LLC purchased a new stake in Everest Group in the third quarter worth about $7,732,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Everest Group in the third quarter worth about $3,391,000. Finally, Aviance Capital Partners LLC lifted its holdings in Everest Group by 2.6% in the third quarter. Aviance Capital Partners LLC now owns 6,061 shares of the company’s stock worth $2,213,000 after buying an additional 156 shares during the period. 92.64% of the stock is currently owned by institutional investors.

More Everest Group News

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

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.