Everest Group, Ltd. (EG)

NYSE: EG · IEX Real-Time Price · USD
369.67
-8.95 (-2.36%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-2.36%
Market Cap 16.07B
Revenue (ttm) 15.43B
Net Income (ttm) 2.89B
Shares Out 43.46M
EPS (ttm) 67.46
PE Ratio 5.48
Forward PE 5.67
Dividend $8.00 (2.16%)
Ex-Dividend Date May 29, 2024
Volume 317,951
Open 372.03
Previous Close 378.62
Day's Range 367.01 - 372.91
52-Week Range 333.65 - 417.92
Beta 0.62
Analysts Buy
Price Target 428.17 (+15.83%)
Earnings Date Jul 31, 2024

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]

Sector Financials
IPO Date Oct 2, 1995
Employees 2,844
Stock Exchange NYSE
Ticker Symbol EG
Full Company Profile

Financial Performance

In 2023, Everest Group's revenue was $14.59 billion, an increase of 20.95% compared to the previous year's $12.06 billion. Earnings were $2.52 billion, an increase of 321.61%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for EG stock is "Buy." The 12-month stock price forecast is $428.17, which is an increase of 15.83% from the latest price.

Price Target
$428.17
(15.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CalypsoAI Data Powers Everest Group Report That Reveals Generative AI Adoption Trends

WASHINGTON--(BUSINESS WIRE)--CalypsoAI's data has been used in a report by Everest Group highlighting the current state and future trajectory of generative AI adoption.

14 days ago - Business Wire

Everest Group to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 1, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest”) (NYSE: EG) will hold its second quarter 2024 earnings conference call on Thursday, August 1, 2024, beginning at 8:00 am Eastern Time...

19 days ago - Business Wire

Magnit Named Leader in Everest Group's 2024 VMS PEAK Matrix® Assessment for the Fourth Consecutive Year

FOLSOM, Calif.--(BUSINESS WIRE)--Magnit named a Leader in Everest Group's Vendor Management System (VMS) PEAK Matrix® Assessment 2024 for the fourth consecutive year.

19 days ago - Business Wire

Celonis Named a Leader for Fifth Consecutive Year and Star Performer in 2024 Everest Group PEAK Matrix® for Process Mining

NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis is recognized as a Leader in the Everest Group Process Mining PEAK Matrix® Assessment 2024 for the fifth year in a row and a Star Performer.

20 days ago - Business Wire

ABBYY Recognized as a Leader in Everest Group's Intelligent Document Processing Products PEAK Matrix® Assessment 2024 for Sixth Consecutive Year

MILPITAS, Calif.--(BUSINESS WIRE)-- #ABBYYMarketplace--ABBYY is recognized for the 6th consecutive year as a Leader in Everest Group's Intelligent Document Processing Products PEAK Matrix® Assessment ...

4 weeks ago - Business Wire

Everest Group Increases Quarterly Dividend to $2.00

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.75 to $2.00 per common share. This dividend...

6 weeks ago - Business Wire

GlobalLogic Recognized as Leader in Everest Group's Software Product Engineering Services

SANTA CLARA, Calif.--(BUSINESS WIRE)--GlobalLogic Inc., a Hitachi Group Company, announced its position as an industry leader in Everest Group's Software product Engineering Services 2024 PEAK Matrix®...

2 months ago - Business Wire

Everest Reports First 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 re...

2 months ago - Business Wire

Appen Named a Leader in Everest Group's Data Annotation and Labeling Solutions for AI/ML PEAK Matrix® Assessment 2024

KIRKLAND, Wash., April 16, 2024 (GLOBE NEWSWIRE) -- Appen Limited (Appen) (ASX: APX), a leading provider of high-quality data for AI, has been recognized as a Leader in Everest Group's Data Annotation...

2 months ago - GlobeNewsWire

RRD GO Creative Recognized on Everest Group's Marketing Services PEAK Matrix® Assessment for Second Consecutive Year

CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (RRD), a leading global provider of marketing, packaging, print, and supply chain solutions, today announced that RRD GO Creative℠ was listed as...

3 months ago - Business Wire

Everest Expands Jim Williamson's Role to Lead Company's Global Underwriting Businesses

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...

3 months ago - Business Wire

Everest Group to Hold First Quarter 2024 Earnings Conference Call on Tuesday, April 30, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest”) (NYSE: EG) will hold its first quarter 2024 earnings conference call on Tuesday, April 30, 2024, beginning at 8:00 am Eastern Time. ...

3 months ago - Business Wire

ResultsCX Named ‘Promising Provider' in Everest Group's Service Provider Compass™ – Global Services Delivery from Mexico Report

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--ResultsCX, a provider of Customer Experience Management (CXM) services to leading global companies including Fortune 100 and 500 firms, was recognized as a ‘Pro...

3 months ago - Business Wire

Everest Group Announces Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. announced that its Board of Directors declared a dividend of $1.75 per common share payable on or before March 27, 2024 to all shareholders of r...

4 months ago - Business Wire

Everest Announces Leadership Promotions in Reinsurance Division

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 has annou...

4 months ago - Business Wire

Majesco Digital1st® Platform and Digital 360 Solutions Distinguished as a Leader by Everest Group in Low-code Technology Providers in Insurance – Products PEAK Matrix® Assessment 2023

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced its recognition as a Leader in the Everest Grou...

4 months ago - Business Wire

Everest Reports Fourth Quarter and Full-Year 2023 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...

5 months ago - Business Wire

CitiusTech Named a Leader and a Star Performer in Everest Group's Payer Digital Services PEAK Matrix® Assessment 2023

PRINCETON, N.J.--(BUSINESS WIRE)-- #AI--CitiusTech has been positioned as a Leader and a Star Performer in the Everest Group's Payer Digital Services PEAK Matrix® Assessment for 2023.

6 months ago - Business Wire

Everest Group Report Shows How Avionté and SimpleVMS are Changing the Rules of Competition for Staffing and Contingent Workforce Management

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Everest Group Report Shows How Avionté and SimpleVMS are Changing the Rules of Competition for Staffing and Contingent Workforce Management.

6 months ago - Business Wire

Insurity is Positioned as a Leader in the Everest Group PEAK Matrix® Assessment on Low-code Technology Providers in P&C Insurance

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, the leading provider of cloud software for insurance carriers, brokers, and MGAs, today announced that it was recognized as a Leader in the Everest Group's ...

6 months ago - Business Wire

Medidata Secures Top Honors in Everest Group's Decentralized Clinical Trial Platforms PEAK Matrix® Assessment

NEW YORK--(BUSINESS WIRE)--Medidata Secures Top Honors in Everest Group's Decentralized Clinical Trial Platforms PEAK Matrix® Assessment.

6 months ago - Business Wire

Everest Group to Hold Fourth Quarter 2023 Earnings Conference Call on Thursday, February 8, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest”) (NYSE: EG) will hold its fourth quarter 2023 earnings conference call on Thursday, February 8, 2024, beginning at 8:00 am Eastern Ti...

6 months ago - Business Wire

Everest Appoints Industry Leader Glen Browne to Global Head of Accident & Health

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest”) (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutio...

6 months ago - Business Wire

Indium Software certified as a Major Contender in the Everest Group PEAK Matrix® 2023 for Quality Engineering Services

CUPERTINO, Calif.--(BUSINESS WIRE)-- #AI--Indium Software certified as a Major Contender in the Everest Group PEAK Matrix® 2023 for Quality Engineering Services.

7 months ago - Business Wire

Indium Software Recognized as a Major Contender in the Everest Group PEAK Matrix® 2023 for Data and Analytics (D&A) Services for Mid-market Enterprises.

CUPERTINO, Calif.--(BUSINESS WIRE)-- #AI--Indium Software recognized as a Major Contender in the Everest Group PEAK Matrix® 2023 for Data and Analytics Services for mid-market enterprises.

7 months ago - Business Wire