Everest Group (NYSE:EG) Posts Earnings Results, Misses Estimates By $1.76 EPS

Everest Group (NYSE:EG) posted its quarterly earnings results on Wednesday. The company reported $7.62 earnings per share for the quarter, missing the consensus estimate of $9.38 by ($1.76), Zacks reports. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The business’s revenue was down 14.0% on a year-over-year basis. During the same period in the prior year, the firm posted $7.54 EPS.

Everest Group Trading Up 3.5%

Everest Group stock traded up $13.55 during trading on Thursday, hitting $400.43. The company had a trading volume of 1,174,125 shares, compared to its average volume of 374,810. The stock has a market cap of $15.35 billion, a price-to-earnings ratio of 8.47, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. Everest Group has a 1-year low of $304.55 and a 1-year high of $411.21. The company’s 50 day simple moving average is $376.98 and its 200-day simple moving average is $352.42.

Everest Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Wednesday, September 9th. Everest Group’s dividend payout ratio is currently 16.92%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Evercore set a $377.00 price objective on shares of Everest Group in a research report on Thursday, July 30th. Wells Fargo & Company increased their price target on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Keefe, Bruyette & Woods dropped their price objective on Everest Group from $414.00 to $407.00 and set an “outperform” rating on the stock in a report on Monday, October 12th. Royal Bank Of Canada initiated coverage on Everest Group in a research report on Tuesday, September 22nd. They issued an “outperform” rating and a $455.00 price objective for the company. Finally, Weiss Ratings upgraded Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 21st. Six research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $407.94.

Trending Headlines about Everest Group

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

• Positive Sentiment: Everest reported record investment income in the third quarter, which helped offset underwriting weakness. Earnings of $7.62 per share were also slightly above the $7.54 reported a year earlier. Everest Group Q3 Earnings Miss Estimates on Higher Catastrophe Losses
• Neutral Sentiment: The stock’s increase suggests some investors may be looking past the quarterly miss, potentially supported by Everest’s low valuation and longer-term insurance pricing prospects. However, the earnings release does not provide a clear fundamental catalyst for the move.
• Negative Sentiment: Third-quarter adjusted earnings of $7.62 per share missed the $9.38 analyst consensus, while revenue of $3.71 billion fell short of the $3.81 billion estimate and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profits. Everest Group Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Several law firms announced or filed securities class-action litigation against Everest Group and certain executives. The lawsuits allege violations of the Securities Exchange Act involving investors who purchased EG securities between February 8, 2024, and October 27, 2025. The allegations have not been adjudicated, but the litigation adds legal, reputational and potential financial risk. Securities Class Action Against Everest Group

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.