Everest Group Q3 EPS Estimate Decreased by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Stock analysts at Zacks Research decreased their Q3 2027 EPS estimates for Everest Group in a report released on Friday, June 19th. Zacks Research analyst Team now expects that the company will post earnings per share of $13.74 for the quarter, down from their previous forecast of $13.76. The consensus estimate for Everest Group’s current full-year earnings is $52.79 per share. Zacks Research also issued estimates for Everest Group’s Q4 2027 earnings at $14.69 EPS, FY2027 earnings at $58.93 EPS and Q1 2028 earnings at $17.56 EPS.

Everest Group (NYSE:EG) last posted its quarterly earnings results on Monday, March 23rd. The company reported $16.08 earnings per share (EPS) for the quarter. The company had revenue of $4.07 billion for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%.

Other equities research analysts have also recently issued research reports about the stock. UBS Group set a $355.00 target price on shares of Everest Group in a report on Thursday, May 21st. Wells Fargo & Company raised their price target on Everest Group from $332.00 to $356.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Bank of America boosted their price objective on Everest Group from $430.00 to $454.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Everest Group in a report on Friday, May 22nd. Finally, Morgan Stanley raised their target price on Everest Group from $340.00 to $355.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $370.07.

Everest Group Stock Up 1.4%

EG opened at $344.00 on Wednesday. Everest Group has a 12 month low of $302.44 and a 12 month high of $368.29. The company has a market cap of $13.61 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.52 and a beta of 0.31. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $343.00 and a 200 day moving average of $333.90.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, June 12th. Everest Group’s payout ratio is 16.27%.

Insider Activity at Everest Group

In other news, CEO Jason Keen sold 775 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $351.84, for a total value of $272,676.00. Following the transaction, the chief executive officer owned 8,170 shares of the company’s stock, valued at approximately $2,874,532.80. This represents a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Everest Group

Large investors have recently added to or reduced their stakes in the business. Bright Futures Wealth Management LLC. purchased a new stake in Everest Group during the third quarter valued at about $589,000. Causeway Capital Management LLC purchased a new position in shares of Everest Group in the third quarter worth about $61,531,000. Algebris UK Ltd. purchased a new position in shares of Everest Group in the fourth quarter worth about $23,460,000. M&T Bank Corp lifted its stake in shares of Everest Group by 4,077.5% in the 4th quarter. M&T Bank Corp now owns 79,205 shares of the company’s stock valued at $26,878,000 after acquiring an additional 77,309 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of Everest Group in the 3rd quarter valued at about $35,547,000. Institutional investors own 92.64% of the company’s stock.

Everest Group Company Profile

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.