Everest Group, Ltd. (EG)
NYSE:EG
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Everest Group
(NYSE:EG)
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Rating:77Outperform
Price Target:
$395.00
▲(12.38% Upside)
Action:Reiterated
Date:05/16/26
The score is driven primarily by attractive valuation (low P/E with a solid dividend) and generally sound financial performance, tempered by volatility and data inconsistencies in TTM metrics. Technicals are moderately supportive (price above key longer-term averages with neutral momentum). Earnings call guidance supports the outlook via disciplined underwriting and stepped-up buybacks, but near-term headwinds include premium contraction from strategic exits, restructuring charges, and catastrophe/geopolitical loss exposure.
Positive Factors
Improving balance sheet and capital strength
Debt-to-equity has materially declined (~0.64 → ~0.23) while equity expanded and ROE remains healthy (~10–13%). That stronger capital base increases underwriting capacity, cushions catastrophe hits, preserves rating optionality, and supports sustained capital returns and strategic flexibility.
Negative Factors
Material decline in gross written premium
An ~18.5% YoY drop in GWP reflects strategic exits and runoff that shrink scale and diversification. Reduced premium base limits underwriting leverage, may reduce fee income and economies of scale, and prolongs the time to rebuild diversified revenue streams as the portfolio resets.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving balance sheet and capital strength
Debt-to-equity has materially declined (~0.64 → ~0.23) while equity expanded and ROE remains healthy (~10–13%). That stronger capital base increases underwriting capacity, cushions catastrophe hits, preserves rating optionality, and supports sustained capital returns and strategic flexibility.
Read all positive factors
Everest Group (EG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$14.11B
Dividend Yield2.37%
Average Volume (3M)335.41K
Price to Earnings (P/E)5.0
Beta (1Y)0.48
Revenue Growth-0.63%
EPS Growth147.66%
CountryUS
Employees3,037
SectorFinancial
Sector Strength70
IndustryInsurance - Reinsurance
Share Statistics
EPS (TTM)49.17
Shares Outstanding39,571,600
10 Day Avg. Volume323,515
30 Day Avg. Volume335,410
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)0.91
Price to Sales (P/S)0.81
P/FCF Ratio4.13
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit3.30
Enterprise Value/Ebitda6.41
Forecast
1Y Price Target
$375.11Price Target Upside6.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)51.99
Revenue Forecast (FY)$16.28B
Everest Group Business Overview & Revenue Model
Company Description
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance O...
How the Company Makes Money
Everest Group primarily makes money by selling research and advisory services. Key revenue streams generally include: (1) subscription-based access to syndicated research and data products (e.g., market intelligence, industry reports, provider ass...
Everest Group Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The call presents a largely positive tone: management emphasized disciplined underwriting, strong investment income, robust treaty reinsurance results, reserve strength, and an active capital return program. Offsetting negatives include a sizable YoY decline in gross written premium driven by strategic exits and runoff, a drag from the Legacy segment, elevated restructuring costs, and short-term margin pressure in the Global Wholesale & Specialty segment from expense mix and catastrophe/geopolitical losses. Overall, management portrays confidence in the strategic reset and improving portfolio quality while acknowledging near-term headwinds.Positive Updates
Strong Operating Income and Returns
Group operating income of $648 million; net operating return on equity of 16.7% and annualized total shareholder return of 16.1% for the quarter.
Negative Updates
Material Decline in Gross Written Premium
Group gross written premium of $3.6 billion, down 18.5% YoY in constant dollars (primarily due to exit of commercial retail insurance and runoff); underlying premium down 6.4% excluding divestitures and deliberate runoff.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Operating Income and Returns
Group operating income of $648 million; net operating return on equity of 16.7% and annualized total shareholder return of 16.1% for the quarter.
Read all positive updates
Company Guidance
Management guided that profitability and shareholder return remain the priority, raising the quarterly share‑repurchase floor to $300M (after $331M repurchased in Q1 at an average $330 and an additional $100M in April) with programmatic buybacks and potential augmentation later in the year tied to cat season and capital releases (AIG retail sale expected to free meaningful capital in H2 2026); they expect an elevated payout ratio for 2026. They reiterated prudent reserving (Q1 favorable prior‑year development of $33M), flagged approximately $150M of restructuring charges in 2026 tied to the retail exit, and expect the Legacy segment to run above a 110% combined ratio for FY2026. Market and portfolio guidance included continued selective capacity deployment (treaty reinsurance GWP $2.7B; group GWP $3.6B, down ~18% YoY; underlying premium down 6.4% ex‑divestitures), continued casualty discipline (>$1.2B premium reduction since Jan‑2024), expectation that property‑cat pricing eased (~13% down at 4/1; bound premium -14.6% vs expiring) but terms/attachments held, and continued emphasis on short‑tail/specialty growth (Global Wholesale & Specialty GWP $793M, combined ratio 96.8%, attritional loss 58.9%). Financial posture guidance: net investment income durability ($567M Q1), book yield ~4.5%, short asset duration ~3.5 years, average fixed‑income rating AA‑, Mt. Logan AUM >$2.6B to support capacity, and a FY operating tax rate assumption of ~17–18% (Q1 was 11.7%).Everest Group Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.15B | 17.32B | 17.08B | 14.46B | 11.98B | 11.33B |
| Gross Profit | 4.88B | 3.55B | 2.47B | 3.08B | 1.36B | 1.73B |
| EBITDA | 2.52B | 2.07B | 1.64B | 2.29B | 689.00M | 1.62B |
| Net Income | 2.03B | 1.59B | 1.37B | 2.52B | 597.00M | 1.38B |
Balance Sheet | ||||||
| Total Assets | 62.34B | 62.51B | 56.34B | 49.40B | 39.97B | 38.19B |
| Cash, Cash Equivalents and Short-Term Investments | 18.64B | 19.51B | 20.44B | 16.58B | 11.83B | 24.93B |
| Total Debt | 3.59B | 3.59B | 5.94B | 5.74B | 5.43B | 5.43B |
| Total Liabilities | 47.05B | 47.05B | 42.47B | 36.20B | 31.52B | 28.05B |
| Stockholders Equity | 15.29B | 15.46B | 13.88B | 13.20B | 8.44B | 10.14B |
Cash Flow | ||||||
| Free Cash Flow | 2.86B | 3.40B | 4.96B | 4.55B | 3.69B | 3.83B |
| Operating Cash Flow | 2.86B | 3.40B | 4.96B | 4.55B | 3.69B | 3.83B |
| Investing Cash Flow | -1.68B | -2.43B | -4.48B | -5.90B | -3.42B | -3.87B |
| Financing Cash Flow | -1.31B | -1.18B | -383.00M | 1.41B | -359.00M | 674.19M |
Everest Group Technical Analysis
Positive
351.49
Price Trends
339.37
Positive
334.43
Positive
332.01
Positive
Market Momentum
3.93
Positive
55.18
Neutral
68.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EG, the sentiment is Positive. The current price of 351.49 is above the 20-day moving average (MA) of 351.39, above the 50-day MA of 339.37, and above the 200-day MA of 332.01, indicating a bullish trend. The MACD of 3.93 indicates Positive momentum. The RSI at 55.18 is Neutral, neither overbought nor oversold. The STOCH value of 68.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EG.
Everest Group Risk Analysis
Everest Group disclosed 42 risk factors in its most recent earnings report. Everest Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Everest Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $2.77B | 6.15 | 22.02% | ― | 22.94% | 317.95% | |
77 Outperform | $14.11B | 5.04 | 13.31% | 2.37% | -0.63% | 147.66% | |
77 Outperform | $3.16B | 5.67 | 23.38% | ― | 20.32% | 98.92% | |
75 Outperform | $14.10B | 10.22 | 9.47% | 1.76% | 18.66% | 55.67% | |
74 Outperform | $12.81B | 10.75 | 24.71% | 0.57% | -8.19% | 90.81% | |
74 Outperform | $11.14B | 7.56 | 15.14% | 1.43% | 9.07% | 45.94% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
EG
Everest Group
352.71
24.82
7.57%
RGA
Reinsurance Group
214.04
17.23
8.76%
RNR
Renaissancere Holdings
295.56
58.03
24.43%
SF
Stifel Financial
72.59
11.57
18.96%
SPNT
SiriusPoint
23.32
4.14
21.58%
HG
Hamilton Insurance Group, Ltd. Class B
31.55
12.29
63.81%
Everest Group Corporate Events
Executive/Board ChangesShareholder Meetings
Everest Group Shareholders Approve Directors and Incentive Plan
Positive
May 15, 2026
At its Annual General Meeting held on May 13, 2026, Everest Group shareholders elected 11 directors, including John Amore, Laura Hay and James Williamson, to serve one-year terms expiring at the 2027 AGM, and reappointed KPMG as the company’...
Regulatory Filings and Compliance
Everest Group Issues Regulation FD Liability Clarification Disclosure
Neutral
Apr 13, 2026
The statement clarifies that the referenced information is not considered filed under Section 18 of the Securities Exchange Act of 1934. As a result, Everest Group indicates that this information is not subject to the liability provisions associat...
Business Operations and StrategyM&A Transactions
Everest Group Divests Canadian Retail Insurance to Wawanesa
Positive
Mar 23, 2026
On March 22, 2026, Everest Underwriting Group (Ireland) Limited, a direct subsidiary of Everest Group, Ltd., agreed to sell all outstanding shares of Everest Insurance Company of Canada, its Canadian retail insurance arm, to The Wawanesa Mutual In...
Executive/Board ChangesRegulatory Filings and Compliance
Everest Group Finalizes Exit Agreement With Former General Counsel
Neutral
Mar 16, 2026
On March 13, 2026, Everest Group, Ltd. entered into a Separation, Transition Services and General Release Agreement with its former Executive Vice President and General Counsel, Ricardo Anzaldua, in connection with a previously announced General C...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.