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Everest Group (EG)
NYSE:EG
Holding EG?
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EG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$343.76 - $417.92
Previous Close$381.44
Volume104.18K
Average Volume (3M)373.10K
Market Cap
$16.32B
Enterprise Value$18.78B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)5.6
Beta0.15
Next Earnings
Oct 30, 2024EPS Estimate
$12.11Last Dividend Ex-Date
Sep 16, 2024Dividend Yield1.98%
Share Statistics
EPS (TTM)67.77
Shares Outstanding43,273,547
10 Day Avg. Volume386,271
30 Day Avg. Volume373,104
Standard Deviation0.08
R-Squared0.17
Alpha0.00372
Financial Highlights & Ratios
Price to Book (P/B)1.16
Price to Sales (P/S)1.04
Price to Cash Flow (P/CF)3.10
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.17
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$442.10Price Target Upside16.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Everest Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRaising target price to $403 and estimates 4% through 2026 driven by an improved combined ratio in its insurance segment.
Market ConditionsDespite a couple of 'unforced errors' in recent quarters, analysts remain constructive on EG shares on earn-in of Reinsurance property rate, broadly accretive market conditions and valuation.
Stock PerformanceImproving momentum for LatAm Insurance stocks with a favorable setup of near term rate hikes and strong consumption in Brazil.
Bears Say
Financial PerformanceEverest shares are down 8% since it reported, lagging peers by approximately 4%, likely attributable to pushing out the timeline on when it’ll reach its combined target in its insurance segment.
Market ConditionsInvestors are hesitant to step in or increase their positions ahead of a heightened hurricane season.
Operational GuidanceThe company no longer expects to achieve a 90-92% reported CR for the segment in 2024, and does not expect to achieve the target until the second half of 2025.
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Ownership Overview
1.21% Insiders
30.17% Mutual Funds
1.49% Other Institutional Investors
42.54% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
EG FAQ
What was Everest Group’s price range in the past 12 months?
Everest Group lowest stock price was $343.76 and its highest was $417.92 in the past 12 months.
What is Everest Group’s market cap?
Currently, no data Available
When is Everest Group’s upcoming earnings report date?
Everest Group’s upcoming earnings report date is Oct 30, 2024 which is tomorrow.
How were Everest Group’s earnings last quarter?
Everest Group released its earnings results on Jul 31, 2024. The company reported $16.85 earnings per share for the quarter, beating the consensus estimate of $16.473 by $0.377.
Is Everest Group overvalued?
According to Wall Street analysts Everest Group’s price is currently Undervalued.
Does Everest Group pay dividends?
Everest Group pays a Quarterly dividend of $2 which represents an annual dividend yield of 1.98%. See more information on Everest Group dividends here
What is Everest Group’s EPS estimate?
Everest Group’s EPS estimate is $12.11.
How many shares outstanding does Everest Group have?
Everest Group has 43,273,550 shares outstanding.
What happened to Everest Group’s price movement after its last earnings report?
Everest Group reported an EPS of $16.85 in its last earnings report, beating expectations of $16.473. Following the earnings report the stock price went down -6.243%.
Which hedge fund is a major shareholder of Everest Group?
Among the largest hedge funds holding Everest Group’s share is Clough Capital Partners L P. It holds Everest Group’s shares valued at 19M.
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Everest Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$442.10 (16.69% Upside)
$442.10 (16.69% Upside)
Blogger Sentiment
Bullish
EG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 22.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 2.3%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.83%
12-Months-Change
Fundamentals
Return on Equity
23.30%
Trailing 12-Months
Asset Growth
18.63%
Trailing 12-Months
Company Description
Everest Group
Everest Re Group Ltd is an insurance and reinsurance company with a distribution network. The company's segments include: the U.S. Reinsurance segment that writes property and casualty reinsurance for large U.S. insurance companies and special lines of business comprising of Marine, Aviation, Surety, and Accident and Health business; the International segment, which focuses on several international reinsurance markets including Canada, Asia, Latin America, Brazil, Africa and the Middle East; the Bermuda segment that writes property and casualty reinsurance through Bermuda Re, the U.K. branch and Ireland Re; and the Insurance segment that writes insurance including property casualty insurance. The U.S. Reinsurance segment generates the majority of the revenue for the company.
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EG Company Deck
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EG Earnings Call
Q2 2024
0:00 / 0:00
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EG Stock 12 Month Forecast
Average Price Target
$442.10
▲(16.69% Upside)
Technical Analysis
Best Analysts Covering EG
1 Year
1 Year Success Rate
14/14 ratings generated profit
1 Year Average Return
+7.76%
reiterated a buy rating 3 months ago
Copying Meyer Shields's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +7.76% per trade.
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