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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$376.87
Volume203.51K
Average Volume (3M)394.07K
Market Cap
$16.29B
Enterprise Value$18.27B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)5.8
Beta0.26
Next Earnings
Feb 05, 2025EPS Estimate
$12.07Next Dividend Ex-Date
Nov 27, 2024Dividend Yield2.02%
Share Statistics
EPS (TTM)63.94
Shares Outstanding42,978,585
10 Day Avg. Volume376,586
30 Day Avg. Volume394,071
Standard Deviation0.08
R-Squared0.17
Alpha0.00287
Financial Highlights & Ratios
Price to Book (P/B)1.06
Price to Sales (P/S)0.99
Price to Cash Flow (P/CF)2.30
P/FCF Ratio2.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.12
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$435.50Price Target Upside12.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Everest Group News
PremiumCompany Announcements
Everest Group Announces Robust Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Financial PerformanceInvestors are still allowed the opportunity to earn healthy 15-16% near-term return on equity levels despite the lower profit margins.
Underwriting ProfitabilityThe investment thesis for Everest revolves around its ability to maintain consistent underwriting profitability as the company builds out its insurance business, resulting in a 17%+ total shareholder return over the next few years.
ValuationGiven the stock is currently trading at ~6.4x fwd P/E, the company is attractively valued.
Bears Say
Financial PerformanceEG's gross written premium results came in significantly softer than expected in both Reinsurance and Insurance.
Market ValuationThe stock market is valuing EG at a $2.2 billion lower level on a price/book basis compared to a peer.
Reserving PhilosophyEG's reserving philosophy does not create as major a cushion as peers, with outer-year group level combined ratios above the upper end of the target range.
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Ownership Overview
1.21% Insiders
30.45% Mutual Funds
21.00% Other Institutional Investors
22.05% 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 Feb 05, 2025 which is in 76 days.
How were Everest Group’s earnings last quarter?
Everest Group released its earnings results on Oct 30, 2024. The company reported $14.62 earnings per share for the quarter, beating the consensus estimate of $12.105 by $2.515.
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 2.02%. See more information on Everest Group dividends here
What is Everest Group’s EPS estimate?
Everest Group’s EPS estimate is $12.07.
How many shares outstanding does Everest Group have?
Everest Group has 42,978,584 shares outstanding.
What happened to Everest Group’s price movement after its last earnings report?
Everest Group reported an EPS of $14.62 in its last earnings report, beating expectations of $12.105. Following the earnings report the stock price went down -6.418%.
Which hedge fund is a major shareholder of Everest Group?
Among the largest hedge funds holding Everest Group’s share is Vulcan Value Partners, Llc. It holds Everest Group’s shares valued at 101M.
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Everest Group Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$435.50 (12.97% Upside)
$435.50 (12.97% Upside)
Blogger Sentiment
Bullish
EG Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 329.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $832.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.89%
12-Months-Change
Fundamentals
Return on Equity
20.86%
Trailing 12-Months
Asset Growth
21.46%
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
Q3 2024
0:00 / 0:00
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EG Stock 12 Month Forecast
Average Price Target
$435.50
▲(12.97% Upside)
Technical Analysis
Best Analysts Covering EG
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+6.39%
reiterated a buy rating 14 days ago
Copying Meyer Shields's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +6.39% per trade.
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