Everest Group Stock Mixed: EPS Drop Expected in Q3, Long-Term Optimism Persists
Everest Group, Ltd. (EG) stock has seen a mixed bag of analyst opinions recently. While some predict a significant rise in earnings per share (EPS) by 2026, others have issued a 'Hold' rating, leading to a recent share price drop.
EG is set to announce its Q3 2025 earnings on Oct. 29, with analysts forecasting adjusted EPS of $9.13 per share. This represents a substantial decline of nearly 37.6% compared to the same period last year. However, looking ahead, analysts expect EG's adjusted EPS to rebound to $45.52 for fiscal 2025, marking a 52.6% increase from fiscal 2024.
The long-term outlook is more optimistic. Analysts predict EG will achieve an adjusted EPS of $x per share by the end of fiscal year 2026. This positive sentiment is reflected in the analysts' consensus view, which is a 'Moderate Buy'. The average price target indicates an 8.8% premium from current prices. Despite these positive forecasts, EG's stock has declined nearly 9.6% over the past 52 weeks, lagging behind the S&P 500 Index and XLF.
EG operates in Reinsurance and Insurance segments, serving clients globally, and is valued at a market cap of $15.1 billion. While recent earnings projections show a dip, analysts remain bullish on the company's long-term prospects. Investors will be watching the upcoming earnings announcement on Oct. 29 for further insights into EG's performance.
