Everest Group, Ltd. (EG)
Market Cap | 14.49B |
Revenue (ttm) | 17.16B |
Net Income (ttm) | 1.37B |
Shares Out | 42.98M |
EPS (ttm) | 31.78 |
PE Ratio | 10.61 |
Forward PE | 6.82 |
Dividend | $8.00 (2.37%) |
Ex-Dividend Date | Nov 27, 2024 |
Volume | 407,786 |
Open | 338.63 |
Previous Close | 338.21 |
Day's Range | 335.14 - 341.30 |
52-Week Range | 327.37 - 407.30 |
Beta | 0.64 |
Analysts | Buy |
Price Target | 416.50 (+23.54%) |
Earnings Date | Feb 3, 2025 |
About EG
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance di... [Read more]
Financial Performance
In 2024, Everest Group's revenue was $17.16 billion, an increase of 17.46% compared to the previous year's $14.61 billion. Earnings were $1.37 billion, a decrease of -44.82%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for EG stock is "Buy." The 12-month stock price forecast is $416.5, which is an increase of 23.54% from the latest price.
News
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AM Best Comments on Credit Ratings of Everest Group, Ltd. and Its Subsidiaries Following Recent Earnings Release
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior)...
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Everest Group, Ltd. (EG) Q4 2024 Earnings Call Transcript
Everest Group, Ltd. (NYSE:EG) Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Matthew Rohrmann - Senior Vice President & Head of Investor Relations Jim Williamson - ...
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Everest Reports Fourth Quarter and Full-Year 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today re...
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Everest Group: Q4 Reserve Build Could Represent A Bottom (Rating Upgrade)
Everest Group's shares have underperformed, losing 4% over the past year, with disappointing underwriting results and a significant Q4 loss surprising investors. The company has added $1.7 billion to ...
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Everest Announces Preliminary Commentary on Full-Year and Fourth Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today an...
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Everest Group Appoints Jim Williamson as Permanent Chief Executive Officer
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that...
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Carenet Health Recognized as a Major Contender in Everest Group's 2024 PEAK Matrix® Report for Patient and Member Engagement Platforms
SAN ANTONIO--(BUSINESS WIRE)--Carenet Health has been named a Major Contender in Everest Group's 2024 PEAK Matrix® for Patient and Member Engagement Platforms. This recognition underscores Carenet's p...
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R Systems Recognized as a Major Contender in Everest Group's Healthcare Provider Digital Services PEAK Matrix® Assessment 2024
NOIDA, India--(BUSINESS WIRE)-- #AI--R Systems announced that it has been named a Major Contender in Everest Group's Healthcare Provider Digital Services PEAK Matrix® Assessment 2024.
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Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising ...
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Everest Group's New Management Team Needs To Take These 'Bold Steps': Analyst
After the CEO change at Everest Group Ltd. EG, the new management team needs to take bold steps, like setting lower expectations and put in efforts to ensure the stock produces results more consistent...
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Everest Group Announces Leadership Transition
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that...
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How One of the Cheapest Stocks in the S&P 500 Could Gain 50% in the Next Two Years
Everest is the fourth-largest global reinsurer, with high returns and impressive growth in recent years.
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Everest Group to Hold Fourth Quarter 2024 Earnings Conference Call on Tuesday, February 4, 2025
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest”) (NYSE: EG) will hold its fourth quarter 2024 earnings conference call on Tuesday, February 4, 2025, beginning at 8:00 am Eastern Tim...
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Zyter|TruCare Recognized as a Major Contender in Everest Group's 2024 PEAK Matrix® for Patient and Member Engagement Platforms
Recognition Highlights Zyter|TruCare's Commitment to Personalizing Patient Engagement, Streamlining Healthcare Delivery, and Enhancing Proactive Communication Recognition Highlights Zyter|TruCare's Co...
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Coronis Health Recognized as Major Contender in Everest Group's Revenue Cycle Management Operations PEAK Matrix Assessment 2024.
SYKESVILLE, Md.--(BUSINESS WIRE)--Coronis Health Recognized as Major Contender in Everest Group's Revenue Cycle Management Operations PEAK Matrix Assessment 2024.
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R Systems Recognized as a Major Contender in Everest Group's ISV and Internet-specific SPES PEAK Matrix® Assessment 2024
NOIDA, India--(BUSINESS WIRE)-- #AI--R Systems today announced that it has been named a Major Contender in Everest Group's ISV and Internet-specific SPES PEAK Matrix® Assessment 2024.
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GlobalLogic Recognized as a Leader in Everest Group's Latin America Key Verticals, Value Chain Elements, and Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024
SANTA CLARA, Calif. & BUENOS AIRES, Argentina--(BUSINESS WIRE)--GlobalLogic, a Hitachi group company, today announced its recognition as a Leader in the Latin America PEAK Matrix® within Everest Group...
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GlobalLogic Recognized as a Leader in Everest Group's Key Verticals, Value Chain Elements, and Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024
SANTA CLARA, Calif.--(BUSINESS WIRE)--GlobalLogic, a Hitachi group company, today announced its recognition as a Leader in the Software Operations PEAK Matrix® within Everest Group's comprehensive "Ke...
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GlobalLogic Recognized as a Leader in Everest Group's Key Verticals, Value Chain Elements, and Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024 for Central and Eastern Europe
SANTA CLARA, Calif. & BERLIN--(BUSINESS WIRE)--GlobalLogic, a Hitachi group company, today announced its recognition as a Leader in the Central and Eastern Europe (CEE) PEAK Matrix® of the “Everest Gr...
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FINEOS ranked in Top Ten of Everest Group's Leading 50™ Life & Annuity (L&A) Insurance Technology Providers report
DUBLIN--(BUSINESS WIRE)-- #diversity--FINEOS Corporation (ASX:FCL) today announced that Everest Group's Leading 50TM Life & Annuity (L&A) Insurance Technology Providers report has positioned FINEOS as...
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Analytix Solutions Recognized as ‘Aspirant' in Everest Group's 2024 Finance & Accounting Outsourcing (FAO) PEAK Matrix® Assessment
WOBURN, Mass., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Analytix Solutions has secured a prominent position in the Everest Group's 2024 Finance and Accounting Outsourcing (FAO) PEAK Matrix® Assessment, earni...
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eClinical Solutions Positioned as Highest Leader in Everest Group's Life Sciences Clinical Data and Analytics (D&A) Platforms PEAK Matrix® Assessment 2024
BOSTON--(BUSINESS WIRE)--eClinical Solutions LLC, a global provider of digital clinical software and services, today announced Everest Group has recognized eClinical Solutions as the highest-designate...
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Aktana Named a Leader and Star Performer in Everest Group's 2024 Life Sciences Next-generation Customer Engagement Platforms (CEPs) PEAK Matrix®
SAN FRANCISCO--(BUSINESS WIRE)-- #aktana--Aktana Named a Leader and Star Performer in Everest Group's 2024 Life Sciences Next-generation Customer Engagement Platforms (CEPs) PEAK Matrix®.
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Medidata Secures Highest Leadership Position in Everest Group's First Life Sciences Clinical Trial Management System Products PEAK Matrix® Assessment
NEW YORK--(BUSINESS WIRE)--Medidata, a Dassault Systèmes brand and the leading provider of clinical trial solutions to the life sciences industry, has been recognized as a leader in Everest Group's fi...
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Everest Group Announces Increase to Share Repurchase Authorization and Announces Dividend
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. announced that its Board of Directors approved an increase of 10 million shares in its share repurchase authorization. In addition, the Company ...