Everest Group (NYSE:EG – Get Free Report) had its price objective hoisted by stock analysts at UBS Group from $395.00 to $423.00 in a report released on Monday, Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group‘s target price would indicate a potential upside of 1.11% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. TD Cowen raised their price target on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Keefe, Bruyette & Woods reduced their price objective on Everest Group from $414.00 to $407.00 and set an “outperform” rating for the company in a research report on Monday, October 12th. Atlantic Securities set a $484.00 price objective on Everest Group in a report on Wednesday, July 15th. Morgan Stanley raised their target price on Everest Group from $375.00 to $395.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Cantor Fitzgerald lifted their target price on Everest Group from $390.00 to $419.00 and gave the company a “neutral” rating in a research note on Monday. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $418.81.
Read Our Latest Stock Report on EG
Everest Group Stock Performance
Shares of Everest Group stock traded up $7.39 during trading on Monday, hitting $418.36. 562,472 shares of the stock were exchanged, compared to its average volume of 380,205. The stock’s fifty day moving average is $378.52 and its 200 day moving average is $353.16. The stock has a market cap of $16.04 billion, a PE ratio of 8.84, a P/E/G ratio of 0.57 and a beta of 0.23. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.35 and a current ratio of 0.36. Everest Group has a 12 month low of $304.55 and a 12 month high of $420.59.
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 for the quarter, missing the consensus estimate of $9.38 by ($1.76). The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The company’s revenue for the quarter was down 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.54 earnings per share. As a group, sell-side analysts anticipate that Everest Group will post 53.32 EPS for the current year.
Institutional Investors Weigh In On Everest Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EG. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Everest Group by 0.5% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,061 shares of the company’s stock valued at $1,848,000 after purchasing an additional 26 shares in the last quarter. Parcion Private Wealth LLC raised its stake in shares of Everest Group by 5.5% in the 3rd quarter. Parcion Private Wealth LLC now owns 591 shares of the company’s stock worth $216,000 after buying an additional 31 shares in the last quarter. CX Institutional raised its stake in shares of Everest Group by 5.7% in the 3rd quarter. CX Institutional now owns 596 shares of the company’s stock worth $218,000 after buying an additional 32 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Everest Group by 2.6% in the second quarter. Baird Financial Group Inc. now owns 1,317 shares of the company’s stock valued at $470,000 after buying an additional 33 shares during the period. Finally, MBA Advisors LLC lifted its holdings in shares of Everest Group by 5.4% in the second quarter. MBA Advisors LLC now owns 666 shares of the company’s stock valued at $238,000 after buying an additional 34 shares during the period. Institutional investors own 92.64% of the company’s stock.
Everest Group News Roundup
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Citigroup raised its price target from $415 to $445 while maintaining a neutral rating, implying additional upside and signaling improved valuation support. Citigroup Everest Group recommendations
- Positive Sentiment: Wells Fargo lifted its target from $396 to $428 and kept an equal-weight rating. The higher target suggests analysts see more value in Everest despite the lack of an outright bullish recommendation. Wells Fargo Everest Group recommendations
- Positive Sentiment: Additional reports cited price-target increases to $475 and $395, creating a generally supportive—though mixed—analyst backdrop. Everest Group price target raised to $475 Everest Group price target raised to $395
- Neutral Sentiment: Cantor Fitzgerald raised its target from $390 to $419 but retained a neutral rating, placing its estimate essentially in line with the stock’s recent trading level. Cantor Fitzgerald Everest Group recommendations
- Neutral Sentiment: Morgan Stanley continued to rate Everest “hold,” reinforcing that analysts remain cautious following the company’s recent results. Morgan Stanley hold rating
- Negative Sentiment: Everest’s latest quarterly results missed consensus estimates for both earnings and revenue, while revenue declined year over year and margins came under pressure. This remains a fundamental concern for investors.
- Negative Sentiment: Several law firms announced or promoted a securities class action covering investors who purchased Everest shares between February 8, 2024, and October 27, 2025. The litigation could create legal costs, reputational risk and continued share-price volatility; the lead-plaintiff deadline is December 28, 2026. Everest Group shareholder 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.
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