Everest Group (EG)

• Market cap: $15.3B
• 1 day: 2.08%
• 5 days: -2.32%
• 1 month: -5.37%
• 3 months: -7.96%
• 6 months: -6.22%
• Year to date: -1.39%
• 1 year: -0.04%
• 5 years: 28.62%
• 10 years: 109.05%
• 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)

71% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 59

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: $15.5B [Q2] → $15.4B (-$187M) [Q3]

2.63% less ownership

Funds ownership: 94.0% [Q2] → 91.36% (-2.63%) [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: $372 4% upside
• Avg. target: $435 22% upside
• High target: $517 45% upside

6 analyst ratings

• positive: 2 33%
• neutral: 4 67%
• negative: 0 0%

Wells Fargo Elyse Greenspan 57% 1-year accuracy 52 / 91 met price target	9% upside $390	Equal-Weight Maintained	4 Dec 2024
Jefferies Yaron Kinar 50% 1-year accuracy 8 / 16 met price target	20% upside $429	Hold Downgraded	26 Nov 2024
TD Cowen Andrew Kligerman 62% 1-year accuracy 8 / 13 met price target	17% upside $419	Hold Maintained	18 Nov 2024
BMO Capital Michael Zaremski 64% 1-year accuracy 16 / 25 met price target	4% upside $372	Market Perform Maintained	14 Nov 2024
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target	45% upside $517	Overweight Maintained	31 Oct 2024