Everest Group Q1 EPS Forecast Decreased by Zacks Research

Everest Group, Ltd. (NYSE:EG) – Research analysts at Zacks Research lowered their Q1 2027 earnings estimates for Everest Group in a report released on Monday, March 16th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $17.64 for the quarter, down from their previous estimate of $17.75. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share. Zacks Research also issued estimates for Everest Group’s Q4 2027 earnings at $11.27 EPS, FY2027 earnings at $58.25 EPS and FY2028 earnings at $64.07 EPS.

A number of other research analysts have also recently weighed in on the company. Mizuho set a $360.00 target price on Everest Group in a report on Wednesday, February 11th. TD Cowen dropped their price target on Everest Group from $400.00 to $365.00 and set a “hold” rating for the company in a research note on Monday, December 15th. Wells Fargo & Company cut their price objective on Everest Group from $332.00 to $310.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Cantor Fitzgerald reduced their price objective on Everest Group from $348.00 to $344.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Finally, Barclays boosted their target price on Everest Group from $365.00 to $377.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. Six analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $363.21.

Everest Group Stock Down 1.2%

Shares of NYSE EG opened at $315.88 on Wednesday. The stock has a market capitalization of $12.76 billion, a PE ratio of 8.34, a P/E/G ratio of 0.23 and a beta of 0.34. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.23. The firm has a fifty day moving average of $329.44 and a 200-day moving average of $331.93. Everest Group has a 52-week low of $302.44 and a 52-week high of $370.20.

Everest Group (NYSE:EG) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $13.26 earnings per share for the quarter, missing analysts’ consensus estimates of $13.36 by ($0.10). The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Everest Group had a return on equity of 12.50% and a net margin of 9.09%.The business’s revenue for the quarter was down 4.6% on a year-over-year basis. During the same period in the prior year, the business earned ($18.39) EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of Everest Group during the fourth quarter valued at approximately $630,277,000. AQR Capital Management LLC lifted its position in shares of Everest Group by 70.3% during the third quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock worth $695,275,000 after purchasing an additional 830,418 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Everest Group by 12,322.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,243 shares of the company’s stock valued at $176,205,000 after purchasing an additional 515,063 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of Everest Group by 181.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 498,697 shares of the company’s stock valued at $169,233,000 after purchasing an additional 321,376 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in Everest Group by 622.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 346,305 shares of the company’s stock valued at $117,519,000 after purchasing an additional 298,391 shares in the last quarter. Institutional investors and hedge funds own 92.64% of the company’s stock.

Everest Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, March 13th. Everest Group’s dividend payout ratio is currently 21.13%.

About Everest Group

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.