Royal Bank Of Canada Issues Positive Forecast for Everest Group (NYSE:EG) Stock Price

Everest Group (NYSE:EG) had its price objective boosted by Royal Bank Of Canada from $455.00 to $475.00 in a report issued on Friday,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other brokerages have also recently weighed in on EG. UBS Group raised their price target on shares of Everest Group from $374.00 to $395.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. TD Cowen boosted their price objective on Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a report on Wednesday, August 19th. Citigroup increased their price objective on Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Atlantic Securities set a $484.00 target price on Everest Group in a report on Wednesday, July 15th. Finally, Barclays lifted their target price on Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $411.38.

Everest Group Stock Performance

EG opened at $411.58 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.35 and a debt-to-equity ratio of 0.25. The company’s fifty day moving average price is $378.52 and its two-hundred day moving average price is $353.16. Everest Group has a 1-year low of $304.55 and a 1-year high of $413.00. The company has a market cap of $15.78 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 0.59 and a beta of 0.26.

Everest Group (NYSE:EG) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.54 earnings per share. On average, analysts expect that Everest Group will post 53.72 EPS for the current fiscal year.

Everest Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th were paid a $2.00 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $8.00 annualized dividend and a yield of 1.9%. Everest Group’s dividend payout ratio (DPR) is 16.91%.

Hedge Funds Weigh In On Everest Group

Several hedge funds have recently modified their holdings of EG. Trifecta Capital Advisors LLC bought a new stake in Everest Group during the second quarter worth $29,000. Provenance Wealth Advisors LLC boosted its position in Everest Group by 1,283.3% in the third quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock worth $30,000 after purchasing an additional 77 shares during the last quarter. Root Financial Partners LLC grew its stake in Everest Group by 70.1% in the 1st quarter. Root Financial Partners LLC now owns 165 shares of the company’s stock valued at $54,000 after purchasing an additional 68 shares during the period. USA Financial Formulas bought a new position in Everest Group in the 3rd quarter valued at $77,000. Finally, Transamerica Financial Advisors LLC bought a new position in Everest Group in the 2nd quarter valued at $80,000. Institutional investors own 92.64% of the company’s stock.

Key Headlines Impacting Everest Group

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: RBC raised its price target to $475 and maintained an “outperform” rating, implying roughly 15% potential upside from the recently cited share price. The revision provides a favorable counterpoint to the company’s weaker quarterly results. RBC raises Everest Group price target
• Positive Sentiment: Everest agreed to sell its Chilean insurance operations to AIG. The transaction could simplify the portfolio, improve capital allocation and allow management to focus on higher-priority markets, although financial terms and the effect on earnings were not provided. Everest announces Chile operations sale
• Neutral Sentiment: Morgan Stanley raised its target to $395 but retained an “equal weight” rating. The higher target reflects improved valuation expectations, but it remains below the recently cited trading level, signaling limited near-term upside in the firm’s view. Morgan Stanley raises Everest Group price target
• Negative Sentiment: Third-quarter earnings missed expectations. Everest reported $7.62 in adjusted EPS versus the $9.38 consensus estimate, while revenue of $3.71 billion also fell short of forecasts and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profitability, despite record investment income. Everest Group Q3 earnings miss
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action against Everest. The lawsuit alleges the company misrepresented its management of risks tied to its expanding U.S. casualty business. Investors who purchased shares between February 8, 2024, and October 27, 2025, have until December 28, 2026, to seek lead-plaintiff status, creating legal, reputational and potential financial risks. Everest Group investor lawsuit alert

Everest Group Company Profile

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.