Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Everest Group (EG)
NYSE:EG
Holding EG?
Track your performance easily
EG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$343.76 - $417.92
Previous Close$388.63
Volume143.22K
Average Volume (3M)290.34K
Market Cap
$16.82B
Enterprise Value$19.17B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)5.7
Beta0.27
Next Earnings
Oct 23, 2024EPS Estimate
$10.45Next Dividend Ex-Date
Sep 16, 2024Dividend Yield1.9%
Share Statistics
EPS (TTM)67.77
Shares Outstanding43,273,547
10 Day Avg. Volume206,550
30 Day Avg. Volume290,338
Standard Deviation0.08
R-Squared0.17
Alpha0.00549
Financial Highlights & Ratios
Price to Book (P/B)1.20
Price to Sales (P/S)1.04
Price to Cash Flow (P/CF)3.70
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.20
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$422.33Price Target Upside8.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Everest Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEG trades at 1.0x BV ex AOCI (5.2x '25 EPS), attractive relative to analysts' mid/high teen ROE estimate for '25.
Market ConditionsAnalysts remain constructive on EG shares on earn-in of Reinsurance property rate, broadly accretive market conditions and valuation.
Target PriceRaising target price to $403 driven by an improved combined ratio in its insurance segment.
Bears Say
Financial GuidanceThe company no longer expects to achieve a 90-92% reported combined ratio for the insurance segment in 2024, delaying the target to the second half of 2025.
Investor SentimentInvestors are hesitant to increase their positions ahead of a heightened hurricane season.
Stock PerformanceEverest shares are down 8%, lagging peers by approximately 4%.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
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 23, 2024 which is in 60 days.
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 1.9%. See more information on Everest Group dividends here
What is Everest Group’s EPS estimate?
Everest Group’s EPS estimate is $10.45.
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 -6.244%.
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.
---
Everest Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$422.33 (8.67% Upside)
$422.33 (8.67% Upside)
Blogger Sentiment
Bullish
EG Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 22.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.27%
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.
---
EG Company Deck
---
EG Earnings Call
Q2 2024
0:00 / 0:00
---
EG Stock 12 Month Forecast
Average Price Target
$422.33
▲(8.67% Upside)
Technical Analysis
Best Analysts Covering EG
1 Year
1 Year Success Rate
14/14 ratings generated profit
1 Year Average Return
+7.84%
reiterated a buy rating 17 days 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 +7.84% per trade.
---