Everest Re Group, Ltd.

(New York Stock Exchange)
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Neutral +10

Q3 EPS Estimates for Everest Group Reduced by Zacks Research - MarketBeat

AI-generated analysis

πŸ“‰ Zacks Research reduced its Q3 2026 EPS estimate for Everest Group to $8.44 from a previous expectation of $8.88.

πŸ’° The company reported $14.85 EPS and $3.96 billion in revenue during the quarter ended June 30th.

πŸ“Š Analysts maintain a consensus 'Hold' rating with an average price target of $395.27 versus the current share price of $380.55.

πŸ’΅ Everest Group declared a quarterly dividend of $2.00 per share, resulting in a 2.1% annualized yield.

🏦 Institutional investors own 92.64% of the company's outstanding shares as of the latest reporting period.

πŸ“ˆ The stock trades at a PE ratio of 8.05 with a price-to-earnings-growth ratio of 0.75.

πŸ›‘οΈ Everest Group maintains a low beta of 0.28 and a debt-to-equity ratio of 0.23.

πŸ“… The company has a one-year trading range between $302.44 and $401.07.

πŸ”­ Analysts have issued forward estimates for Q4 2027 earnings at $13.93 per share.

🏒 Major institutional holders include Geneos Wealth Management, Sivia Capital Partners, and Federated Hermes.

Bullish Signals
  • Everest Group reported strong recent financial performance with $14.85 EPS and a net margin of 11.41% in the last quarter.
  • The company maintains a low debt-to-equity ratio of 0.23, indicating a conservative balance sheet structure.
  • Institutional ownership stands at 92.64%, suggesting strong confidence from major investors and hedge funds.
  • Analysts have issued positive forward guidance with Q4 2027 EPS estimates set at $13.93.
  • The stock offers a 2.1% dividend yield with a sustainable payout ratio of 16.92%.
Risk Factors
  • Zacks Research lowered its Q3 2026 EPS estimate to $8.44 from $8.88, signaling cautious analyst sentiment.
  • The consensus analyst rating is 'Hold' with an average price target of $395.27 that exceeds the current trading price.
Full Analysis
Zacks Research lowered its Q3 2026 earnings per share (EPS) estimate for Everest Group to $8.44 from $8.88, reflecting a cautious analyst outlook despite the company's recent performance. The consensus full-year EPS estimate remains at $53.28, while analysts have issued estimates for Q4 2027 at $13.93. This adjustment follows the company's last reported earnings on June 30th, where Everest Group delivered $14.85 EPS, a return on equity of 13.63%, and a net margin of 11.41%. Everest Group generated revenue of $3.96 billion in the most recent quarter and currently trades at a market capitalization of $14.59 billion with a price-to-earnings ratio of 8.05. The stock has a beta of 0.28, indicating lower volatility relative to the broader market, and trades between a one-year low of $302.44 and a high of $401.07. Analysts maintain a consensus 'Hold' rating with an average price target of $395.27, which is slightly above the recent share price of $380.55. The company recently declared a quarterly dividend of $2.00 per share, payable on September 25th to stockholders of record as of September 9th. This represents an annualized dividend of $8.00 and a yield of 2.1%, with a payout ratio of 16.92%. Institutional investors hold a significant 92.64% stake in the company, with recent activity from hedge funds including Geneos Wealth Management, Sivia Capital Partners, Marshall Wace LLP, Jump Financial, and Federated Hermes.