Everest Group, Ltd. (NYSE: EG) Analysts' Perspectives and Financial Outlook

  • The consensus price target for Everest Group, Ltd. (NYSE: EG) has increased from $412.5 to $453, indicating a more optimistic view from analysts.
  • Everest's strategic initiatives, including a $1.7 billion boost to reserves, have positively influenced analysts' sentiments.
  • The company projects a net income between $1.3 billion and $1.4 billion for the full year 2024, with non-GAAP net operating income expected to be between $1.2 billion and $1.3 billion.

Everest Group, Ltd. (NYSE: EG) is a prominent player in the global underwriting industry. The company recently changed its name from Everest Re Group, Ltd. to Everest Group, Ltd. in July 2023. This change might have influenced analysts' perspectives, as reflected in the fluctuating consensus price targets over the past year. Everest competes with other major insurance and reinsurance companies in the market.

The consensus price target for Everest Group has seen notable changes. Last month, the average price target was $453, indicating a positive sentiment from analysts. This optimism could be linked to the company's strategic initiatives and improved financial performance. Analyst Michael Zaremski from BMO Capital has also set a price target of $453, reinforcing this positive outlook.

In the last quarter, the average price target was $412.5, lower than the current month's target. This suggests that analysts have become more optimistic about Everest's prospects. The company's decision to bolster its reserves by $1.7 billion, due to social inflation and increased third-party litigation funding, might have contributed to this shift in sentiment.

A year ago, the average price target was $448, slightly lower than the current target but higher than last quarter's. Despite a 4% decline in shares over the past year, Everest's strategic shift under new CEO Jim Williamson, including a more conservative reserve policy, aims to reset expectations and potentially exceed future forecasts.

Everest Group anticipates reporting a net income between $1.3 billion and $1.4 billion for the full year 2024. The company expects its non-GAAP net operating income to be between $1.2 billion and $1.3 billion. These figures, along with the upcoming earnings report, could further influence analysts' price targets and investor sentiment.

Symbol Price %chg
003690.KS 11130 3.77
GICRE.BO 373.45 0
GICRE.NS 373.95 0
MREI.JK 970 0
EG Ratings Summary
EG Quant Ranking
Related Analysis

Everest Group (NYSE:EG) Faces Mixed Financial Performance with Potential Upside

  • Everest Group's revenue increased by 0.8% year-over-year in Q3 2025 but fell short of the Zacks Consensus Estimate.
  • The company's EPS significantly dropped to $7.54 from $14.62 in the same period last year, missing consensus estimates.
  • Despite recent challenges, EG has a potential upside of 23.55% according to Barclays' price target.

Everest Group (NYSE:EG) is a prominent player in the insurance industry, specifically within the multi-line sector. The company provides a range of insurance and reinsurance products. As of October 28, 2025, Barclays set a price target of $425 for EG, while the stock was trading at $343.98, indicating a potential upside of 23.55%.

EG's recent financial performance has been mixed. For the third quarter of 2025, the company reported revenue of $4.32 billion, a 0.8% increase from the previous year. However, this fell short of the Zacks Consensus Estimate of $4.45 billion, resulting in a revenue surprise of -2.93%. This shortfall may impact investor sentiment and the stock's future performance.

The company's earnings per share (EPS) for the quarter were $7.54, significantly lower than the $14.62 EPS from the same period last year. This also missed the consensus EPS estimate of $13.39, leading to a negative EPS surprise of 43.69%. Such a substantial miss can influence investor confidence and affect the stock's valuation.

Despite the recent challenges, EG has shown resilience in the past. In the previous quarter, the company exceeded expectations with earnings of $17.36 per share against an anticipated $15.14, marking a positive surprise of 14.66%. However, over the past four quarters, EG has only surpassed consensus EPS estimates once, highlighting the volatility in its earnings performance.

EG's stock price has experienced fluctuations, with a current price of $343.98, reflecting a decrease of 1.42% or $4.96. The stock has traded between a low of $343.27 and a high of $349.96 today. Over the past year, EG has reached a high of $392.78 and a low of $320, with a market capitalization of approximately $14.43 billion.

Everest Group (NYSE:EG): A Strong Contender in the Insurance Industry

  • Barclays reaffirmed its "Overweight" rating for Everest Group, raising its price target from $405 to $430.
  • Zacks Investment Research identifies Everest Group as a strong momentum stock, suggesting it could outperform the market in the next 30 days.
  • Everest Group's stock price stands at $364.86, with a market capitalization of approximately $15.3 billion, highlighting its significant industry presence.

Everest Group (NYSE:EG) is a prominent player in the insurance and reinsurance industry. The company provides a range of property and casualty insurance products, catering to both individual and corporate clients. Everest Group competes with other major insurers like AIG and Chubb, striving to offer competitive rates and comprehensive coverage options.

On October 8, 2025, Barclays reaffirmed its "Overweight" rating for Everest Group, indicating confidence in the stock's potential. At the time, EG was priced at $364.86. Barclays also increased its price target from $405 to $430, suggesting an optimistic outlook for the company's future performance.

Zacks Investment Research highlights Everest Group as a strong momentum stock. The Zacks Style Scores, which evaluate stocks based on value, growth, and momentum, suggest that EG is well-positioned to outperform the market in the next 30 days. This makes it an appealing choice for investors seeking to enhance their portfolios.

Currently, EG's stock is priced at $364.86, with a recent increase of $3.30, or 0.91%. The stock's trading range for the day has been between $361.88 and $368.07. Over the past year, EG has seen a high of $402.11 and a low of $320, reflecting its volatility and potential for growth.

Everest Group has a market capitalization of approximately $15.3 billion, indicating its significant presence in the industry. With a trading volume of 220,966 shares, the stock remains actively traded, attracting interest from investors looking to capitalize on its momentum and growth potential.

Janney Initiates Everest Group at Buy, Sees Rebound Ahead After Reserve Reset

Janney initiated coverage on Everest Group (NYSE:EG) with a Buy rating and a fair value estimate of $425, highlighting the reinsurer’s strong long-term track record and attractive valuation following recent reserve adjustments.

Everest, a global leader in property and casualty reinsurance with an expanding footprint in primary insurance, has delivered consistent performance over the past 25 years—posting a median operating return on equity (ROE) of 12% and annual shareholder value growth averaging 11%.

Earlier this year, the company underwent two major developments: a CEO transition and a sizable $1.7 billion charge to strengthen casualty reserves, including a nearly $500 million risk margin buffer. While this reset impacted near-term results, Janney believes the move has positioned Everest for a healthier balance sheet and more sustainable growth.

Looking forward, Everest is re-underwriting its casualty portfolio while seeking expansion opportunities in property and specialty lines. Janney expects a return to double-digit operating ROE by 2025 and sees current valuation as compelling, with shares trading at just 0.9x book value per share excluding AOCI.

The firm also highlighted Everest’s capital return strategy, noting over 1 million shares repurchased in the past year and a 10 million share buyback program authorized in late 2024. Taken together, Janney views the stock as undervalued relative to performance potential and well-positioned for a rebound.

Everest Group, Ltd. (NYSE: EG) Analysts' Perspectives and Financial Outlook

  • The consensus price target for Everest Group, Ltd. (NYSE: EG) has increased from $412.5 to $453, indicating a more optimistic view from analysts.
  • Everest's strategic initiatives, including a $1.7 billion boost to reserves, have positively influenced analysts' sentiments.
  • The company projects a net income between $1.3 billion and $1.4 billion for the full year 2024, with non-GAAP net operating income expected to be between $1.2 billion and $1.3 billion.

Everest Group, Ltd. (NYSE: EG) is a prominent player in the global underwriting industry. The company recently changed its name from Everest Re Group, Ltd. to Everest Group, Ltd. in July 2023. This change might have influenced analysts' perspectives, as reflected in the fluctuating consensus price targets over the past year. Everest competes with other major insurance and reinsurance companies in the market.

The consensus price target for Everest Group has seen notable changes. Last month, the average price target was $453, indicating a positive sentiment from analysts. This optimism could be linked to the company's strategic initiatives and improved financial performance. Analyst Michael Zaremski from BMO Capital has also set a price target of $453, reinforcing this positive outlook.

In the last quarter, the average price target was $412.5, lower than the current month's target. This suggests that analysts have become more optimistic about Everest's prospects. The company's decision to bolster its reserves by $1.7 billion, due to social inflation and increased third-party litigation funding, might have contributed to this shift in sentiment.

A year ago, the average price target was $448, slightly lower than the current target but higher than last quarter's. Despite a 4% decline in shares over the past year, Everest's strategic shift under new CEO Jim Williamson, including a more conservative reserve policy, aims to reset expectations and potentially exceed future forecasts.

Everest Group anticipates reporting a net income between $1.3 billion and $1.4 billion for the full year 2024. The company expects its non-GAAP net operating income to be between $1.2 billion and $1.3 billion. These figures, along with the upcoming earnings report, could further influence analysts' price targets and investor sentiment.

Everest Group Quarterly Earnings Preview: April 29, 2024

Everest Group (EG) Quarterly Earnings Preview

Everest Group (EG) is gearing up for its quarterly earnings announcement on Monday, April 29, 2024, after the market closes, with Wall Street setting its sights on an earnings per share (EPS) estimate of 15.98 and projecting revenues to hit around $3.92 billion for the quarter. This anticipation builds on the back of Everest Group's diversified growth across its business lines, with a particular emphasis on the increase in property lines, higher new money yields, and prudent underwriting practices. These factors are expected to play a crucial role in the company's financial performance for the first quarter of the year, ending March 2024.

According to a detailed analysis by Zacks Investment Research, Everest Group is on track to report a year-over-year increase in earnings on higher revenues for the quarter ended March 2024. This positive outlook is underpinned by the company's strategic growth initiatives and operational efficiency. However, Zacks also points out that despite the optimistic revenue and earnings projections, Everest Group may still face challenges in achieving an earnings beat due to the absence of two key ingredients typically associated with surpassing market expectations. This nuanced view suggests that while the company is poised for growth, investors should temper their expectations with a realistic understanding of the potential hurdles Everest Group might encounter.

The financial metrics from the previous quarter further bolster the case for Everest Group's robust performance. The company reported a quarterly revenue of approximately $3.66 billion, with a net income of around $804 million. These figures reflect a solid financial foundation, with a gross profit of about $3.66 billion and an operating income of roughly $3.42 billion. The reported EBITDA of approximately $936 million, alongside an EPS of 18.53, underscores the company's profitability and operational efficiency. Additionally, the reported income before taxes was about $272 million, with a notable income tax benefit of $532 million, highlighting effective tax management strategies.

As Everest Group approaches its earnings release, the focus will be on whether the company can meet or exceed the Wall Street estimates. The anticipation of positive first-quarter results, driven by diversified growth and strategic financial management, sets a high bar for the company. The upcoming earnings report will not only provide a snapshot of Everest Group's financial health but also serve as a critical indicator of its future trajectory in the competitive landscape. Investors and analysts alike will be keenly watching the reported earnings and revenues, as these figures will significantly influence Everest Group's stock price and its position in the market.

Everest Group: A Strong Investment Opportunity Amidst Market Growth

Everest Group (EG) Presents a Compelling Case for Investors

Everest Group (EG) presents a compelling case for investors, with several factors contributing to its positive outlook and performance. The company's ability to navigate the improved interest rate environment, coupled with strong renewal retention and favorable rate increases, has positioned it well for future growth. These elements are crucial for the company's financial health, as they directly impact its revenue and profitability. The improved interest rate environment, for instance, enhances the income generated from the company's investment portfolio, which is a significant component of its overall earnings.

The optimism surrounding Everest Group is further supported by its solid capital position and the upward revisions in its earnings estimates for 2024 and 2025. The Zacks Consensus Estimate adjustments, with a 0.1% increase for 2024 and a more notable 2.2% increase for 2025, reflect growing investor confidence in the company's ability to sustain its growth trajectory. This confidence is underpinned by the company's historical performance, where it has consistently surpassed earnings estimates in three of the last four quarters, boasting an average earnings surprise of 34.67%. Such a track record of exceeding expectations is indicative of the company's operational efficiency and its management's ability to navigate the market effectively.

Moreover, Everest Group's financial strength is highlighted by its impressive return on equity (ROE), which stands well above the industry average. An annualized operating income ROE of 20.9% in 2023 and a trailing twelve-month ROE of 25.1%, compared to the industry average of 13.7%, demonstrate the company's superior ability to generate profits from its shareholders' equity. This efficiency in utilizing shareholders' funds not only underscores the company's financial health but also its competitive edge in the industry.

The company's strategic focus on global presence, product diversification, and leveraging market opportunities has been pivotal in driving its growth. The insurance segment, benefiting from an increase in property and short tail business, along with the reinsurance segment's growth through market evolution, are testaments to Everest Group's adaptability and strategic planning. Additionally, the expected increase in net investment income from various sources further bolsters the company's financial outlook, providing a stable income stream alongside its core operations.

Everest Group's stock performance, with a year-to-date gain of 7.8% and a current trading price of $372.84, reflects the market's positive reception to its growth prospects and operational strengths. Despite slight underperformance compared to the industry growth, the company's market capitalization of around $16.17 billion and its trading volume signify robust investor interest and market confidence in its future. These financial metrics and strategic initiatives collectively paint a promising picture for Everest Group, making it a noteworthy consideration for investors looking for stable and potentially growing investments in the insurance sector.