Everest Group (EG)

• Market cap: $15.7B
• 1 day: 0.54%
• 5 days: 2.44%
• 1 month: 2.00%
• 3 months: -6.17%
• 6 months: -9.02%
• Year to date: -0.32%
• 1 year: -0.83%
• 5 years: 29.36%
• 10 years: 114.09%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

Employees: 2,428

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

110% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 48

7% more funds holding

Funds holding: 617 [Q2] → 659 (+42) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 8 (+0) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 229

1% less capital invested

Capital invested by funds: $15.6B [Q2] → $15.4B (-$182M) [Q3]

2.6% less ownership

Funds ownership: 94.15% [Q2] → 91.55% (-2.6%) [Q3]

61% less call options, than puts

Call options by funds: $33.7M | Put options by funds: $86.4M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $380 5% upside
• Avg. target: $436 20% upside
• High target: $499 38% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target	5% upside $380	Equal-Weight Maintained	14 Jan 2025
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target	20% upside $434	Outperform Maintained	10 Jan 2025
BMO Capital Michael Zaremski 69% 1-year accuracy 18 / 26 met price target	25% upside $453	Outperform Upgraded	10 Jan 2025
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target	38% upside $499	Overweight Maintained	6 Jan 2025
Jefferies Yaron Kinar 47% 1-year accuracy 7 / 15 met price target	18% upside $429	Hold Downgraded	26 Nov 2024