Everest Group (EG)

• Market cap: $15.9B
• 1 day: 0.57%
• 5 days: 0.37%
• 1 month: 2.61%
• 3 months: 0.57%
• 6 months: -7.78%
• Year to date: 0.57%
• 1 year: -8.20%
• 5 years: 101.62%
• 10 years: 111.10%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 65

38% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 11 (+3) [Q4]

14% more call options, than puts

Call options by funds: $141M | Put options by funds: $124M

2% more funds holding

Funds holding: 663 [Q3] → 677 (+14) [Q4]

1.27% more ownership

Funds ownership: 91.45% [Q3] → 92.73% (+1.27%) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 240

5% less capital invested

Capital invested by funds: $15.4B [Q3] → $14.6B (-$818M) [Q4]

Research analyst outlook

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

• Low target: $340 7% downside
• Avg. target: $400 9% upside
• High target: $470 29% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Morgan Stanley Bob Huang 78% 1-year accuracy 14 / 18 met price target	7% downside $340	Equal-Weight Downgraded	5 Feb 2025
Barclays Alex Scott 49% 1-year accuracy 39 / 79 met price target	29% upside $470	Overweight Maintained	4 Feb 2025
BMO Capital Michael Zaremski 91% 1-year accuracy 20 / 22 met price target	3% upside $375	Market Perform Downgraded	30 Jan 2025
Wells Fargo Elyse Greenspan 65% 1-year accuracy 77 / 119 met price target	4% upside $380	Equal-Weight Maintained	14 Jan 2025
Keefe, Bruyette & Woods Meyer Shields 77% 1-year accuracy 86 / 111 met price target	19% upside $434	Outperform Maintained	10 Jan 2025