Zacks Research Lowers Earnings Estimates for Everest Group

Everest Group, Ltd. (NYSE:EG) – Stock analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Everest Group in a research report issued to clients and investors on Friday, September 4th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $8.44 for the quarter, down from their previous estimate of $8.88. The consensus estimate for Everest Group’s current full-year earnings is $53.28 per share. Zacks Research also issued estimates for Everest Group’s Q4 2027 earnings at $13.93 EPS.

Several other research firms have also recently weighed in on EG. Keefe, Bruyette & Woods raised their target price on shares of Everest Group from $411.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. Citigroup boosted their price target on shares of Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. TD Cowen increased their price objective on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. UBS Group raised their price objective on Everest Group from $374.00 to $395.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Finally, Barclays lifted their target price on Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $395.27.

Everest Group Trading Down 2.7%

Everest Group stock opened at $370.47 on Monday. Everest Group has a 1 year low of $302.44 and a 1 year high of $401.07. The firm’s 50 day moving average price is $374.47 and its 200-day moving average price is $350.66. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market cap of $14.21 billion, a P/E ratio of 7.83, a PEG ratio of 0.75 and a beta of 0.28.

Everest Group (NYSE:EG) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share for the quarter. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.The business had revenue of $3.96 billion during the quarter.

Hedge Funds Weigh In On Everest Group

Several institutional investors have recently bought and sold shares of the business. Trifecta Capital Advisors LLC bought a new stake in shares of Everest Group in the 2nd quarter worth about $29,000. Raiffeisen Bank International AG purchased a new position in Everest Group in the fourth quarter worth about $34,000. Cullen Frost Bankers Inc. purchased a new position in Everest Group in the fourth quarter worth about $37,000. CYBER HORNET ETFs LLC bought a new stake in Everest Group during the second quarter worth approximately $39,000. Finally, MUFG Securities EMEA plc bought a new stake in Everest Group during the second quarter worth approximately $43,000. Institutional investors own 92.64% of the company’s stock.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be paid a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $8.00 dividend on an annualized basis and a yield of 2.2%. Everest Group’s dividend payout ratio is presently 16.92%.

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.