EG stock icon

Everest Group
EG

$398.08
0.88%

Market Cap: 17.3B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

12% more capital invested

Capital invested by funds: $14.2B [Q4 2023] → $15.9B (+$1.69B) [Q1 2024]

0.29% less ownership

Funds ownership: 92.45% [Q4 2023] → 92.16% (-0.29%) [Q1 2024]

5% less funds holding

Funds holding: 648 [Q4 2023] → 614 (-34) [Q1 2024]

18% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 258

21% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2023] → 11 (-3) [Q1 2024]

33% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 102

37% less call options, than puts

Call options by funds: $41.1M | Put options by funds: $65.4M

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$375
6%
downside
Avg. target
$429
8%
upside
High target
$493
24%
upside

10 analyst ratings

positive
60%
neutral
40%
negative
0%
Keefe, Bruyette & Woods
Meyer Shields
14%upside
$454
Outperform
Maintained
12 Jul 2024
B of A Securities
24%upside
$493
Buy
Maintained
11 Jul 2024
Morgan Stanley
12%upside
$445
Overweight
Maintained
10 Jul 2024
Morgan Stanley
13%upside
$450
Overweight
Maintained
15 Apr 2024
Wells Fargo
Elyse Greenspan
0%downside
$397
Equal-Weight
Maintained
11 Apr 2024

Financial journalist opinion

Based on 3 articles about EG published over the past 30 days