DOWLING & PARTN Expects Higher Earnings for Everest Group

Everest Group, Ltd. (NYSE:EG – Free Report) – Equities researchers at DOWLING & PARTN boosted their FY2026 earnings per share estimates for Everest Group in a research report issued on Wednesday, November 4th. DOWLING & PARTN analyst N. Iacoviello now anticipates that the company will earn $55.00 per share for the year, up from their previous forecast of $50.00. The consensus estimate for Everest Group’s current full-year earnings is $52.80 per share. DOWLING & PARTN also issued estimates for Everest Group’s FY2027 earnings at $63.00 EPS and FY2028 earnings at $70.00 EPS.

Everest Group (NYSE:EG – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same period in the previous year, the business posted $7.54 earnings per share. The firm’s revenue was down 14.0% compared to the same quarter last year.

A number of other research firms have also commented on EG. Barclays boosted their price target on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods raised their price objective on shares of Everest Group from $407.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday. Rosenblatt Securities set a $455.00 price objective on shares of Everest Group in a report on Tuesday, September 22nd. Wells Fargo & Company lifted their target price on shares of Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Royal Bank Of Canada boosted their target price on Everest Group from $455.00 to $475.00 and gave the stock an “outperform” rating in a report on Friday, October 30th. Five 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.com, Everest Group currently has an average rating of “Hold” and a consensus price target of $426.27.

Read Our Latest Research Report on EG

Everest Group Trading Down 1.0%

Shares of Everest Group stock opened at $417.09 on Friday. The stock has a market capitalization of $15.45 billion, a P/E ratio of 8.81, a price-to-earnings-growth ratio of 0.59 and a beta of 0.23. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The company has a 50-day simple moving average of $381.81 and a 200 day simple moving average of $355.07. Everest Group has a 12-month low of $304.55 and a 12-month high of $431.19.

Hedge Funds Weigh In On Everest Group

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

Insider Activity

In related news, Director Laura Hay sold 144 shares of the company’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $418.78, for a total transaction of $60,304.32. Following the transaction, the director owned 1,770 shares in the company, valued at $741,240.60. This represents a 7.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.70% of the stock is owned by corporate insiders.

Everest Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, December 4th. Everest Group’s payout ratio is currently 16.91%.

Trending Headlines about Everest Group

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

  • Positive Sentiment: DOWLING & PARTN raised its EPS forecasts to $55 for FY2026, $63 for FY2027, and $70 for FY2028, suggesting improved expectations for future earnings.
  • Positive Sentiment: Everest declared a quarterly dividend of $2 per share, equivalent to $8 annually. The payment is scheduled for December 18 to shareholders of record December 4.
  • Neutral Sentiment: Director Laura Hay sold 144 shares for about $60,300 under a pre-arranged Rule 10b5-1 plan, leaving her with 1,770 shares. The planned, relatively small transaction may be less concerning than an unplanned sale. Insider sale report
  • Negative Sentiment: Multiple law firms publicized the same securities class action concerning investors who bought shares between February 8, 2024, and October 27, 2025. The lead-plaintiff deadline is December 28, 2026; the litigation could bring legal costs and reputational uncertainty. Class action notice
  • Negative Sentiment: In its latest reported quarter, Everest missed analyst EPS and revenue expectations, and revenue fell 14% year over year. That earlier performance may temper the optimism from the raised forecasts.

About Everest Group

(Get Free Report)

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.

See Also

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

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