Everest Re Group, Ltd.

(New York Stock Exchange)
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Slightly Bullish +25

KBW maintains Buy rating and USD 407.00 target for Everest Group stock

Earnings report AI-generated analysis

πŸ“ˆ KBW maintains a Buy rating and sets a USD 407.00 price target for Everest Group stock.

πŸ’° Q2 2026 revenue came in at USD 3.96 billion, down from USD 4.40 billion the prior year.

πŸ“‰ Net income for the quarter was USD 559.00 million, compared to USD 680.00 million a year ago.

πŸ’΅ Diluted earnings per share were reported at USD 14.22 with a net profit margin of 14.00 percent.

🏦 Operating cash flow for the quarter totaled USD 290.00 million.

πŸ“Š Market capitalization stands at USD 15.0 billion as of October 20, 2026.

πŸ“‰ The stock trades within a 52-week range of USD 302.44 to USD 401.07.

πŸ—“οΈ Third-quarter results are scheduled for release on October 28, 2026 after the NYSE close.

πŸ“ž An earnings call is planned for October 29, 2026 at 8:00 a.m. ET.

🏒 Everest Group operates as a global property and casualty underwriting organization.

πŸ’Ό Total gross written premium for 2025 was USD 18.0 billion.

πŸ“ˆ The company is listed on the NYSE and is a component of the S&P 500.

Bullish Signals
  • KBW maintains its Buy rating and supports the stock with a USD 407.00 price target, indicating confidence in the company's long-term prospects despite recent quarterly misses.
  • Everest Group operates as a major global property and casualty underwriting organization with significant scale, evidenced by USD 18.0 billion in total gross written premium for 2025.
Risk Factors
  • Second-quarter 2026 revenue of USD 3.96 billion fell short of the year-earlier comparison of USD 4.40 billion, signaling a decline in top-line growth.
  • Net income dropped to USD 559.00 million from USD 680.00 million the prior year, reflecting reduced profitability on a comparable basis.
Full Analysis
KBW maintained its Buy rating and a USD 407.00 price target for Everest Group (EG) on October 12, 2026, citing the company's position in the global property and casualty underwriting sector. The firm noted that while recent financials were reported, the primary catalyst remains the upcoming third-quarter earnings release scheduled for October 28, 2026, after the NYSE close. Everest Group reported second-quarter 2026 revenue of USD 3.96 billion and net income of USD 559.00 million, figures that trailed the year-earlier comparison of USD 4.40 billion in revenue and USD 680.00 million in net income. The company's diluted earnings per share were USD 14.22 with a net profit margin of 14.00 percent, while operating cash flow stood at USD 290.00 million. As of October 20, 2026, EG stock traded at EUR 349.40 (USD 392.41) with a market capitalization of USD 15.0 billion and a price-to-earnings ratio of 8.36. The company operates through insurance and reinsurance activities, including property, casualty, and specialty coverage, having generated USD 18.0 billion in total gross written premium for 2025. Analysts will watch the October 28 earnings report closely to see if Everest can reverse its revenue decline from the prior year. The upcoming results are expected to provide a fresh comparison against the Q2 base, with an earnings call scheduled for October 29, 2026 at 8:00 a.m. ET.