Everest Re Group (EG) Stock Forecast, Price Target & Predictions
EG Stock Forecast
Everest Re Group stock forecast is as follows: an average price target of $461.33 (represents a 28.26% upside from EG’s last price of $359.68) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
EG Price Target
The average price target for Everest Re Group (EG) is $461.33 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $527.00 to $372.00. This represents a potential 28.26% upside from EG's last price of $359.68.
EG Analyst Ratings
According to 7 Wall Street analysts, Everest Re Group's rating consensus is 'Buy'. The analyst rating breakdown for EG stock is 1 'Strong Buy' (14.29%), 4 'Buy' (57.14%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Everest Re Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Michael Zaremski | BMO Capital | $372.00 | $368.43 | 0.97% | 3.43% |
| Oct 10, 2024 | Joshua Shanker | Bank of America Securities | $485.00 | $388.89 | 24.71% | 34.84% |
| Sep 04, 2024 | Alex Scott | Barclays | $527.00 | $392.50 | 34.27% | 46.52% |
| Aug 07, 2024 | Michael Zaremski | BMO Capital | $403.00 | $360.63 | 11.75% | 12.04% |
| Feb 02, 2023 | Raymond James | $385.00 | $356.33 | 8.05% | 7.04% | |
| Nov 29, 2022 | Wells Fargo | $365.00 | $332.95 | 9.63% | 1.48% | |
| Nov 22, 2022 | Morgan Stanley | $345.00 | $325.32 | 6.05% | -4.08% | |
| Jul 12, 2022 | Jefferies | $344.00 | $280.12 | 22.80% | -4.36% |
The latest Everest Re Group stock forecast, released on Nov 14, 2024 by Michael Zaremski from BMO Capital, set a price target of $372.00, which represents a 0.97% increase from the stock price at the time of the forecast ($368.43), and a 3.43% increase from EG last price ($359.68).
Everest Re Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $428.50 | $446.75 |
| Last Closing Price | $359.68 | $359.68 | $359.68 |
| Upside/Downside | -100.00% | 19.13% | 24.21% |
In the current month, the average price target of Everest Re Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Everest Re Group's last price of $359.68. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 14, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 09, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Oct 09, 2024 | Wellington Shields | Underperform | Underperform | Hold |
| Oct 09, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 04, 2024 | Barclays | Overweight | Initialise | |
| Aug 12, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 30, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Feb 09, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Jul 07, 2023 | Raymond James | Outperform | Strong Buy | Upgrade |
| Feb 13, 2023 | Raymond James | Outperform | Outperform | Hold |
| Feb 02, 2023 | Raymond James | Outperform | Initialise | |
| Nov 29, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Nov 22, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 12, 2022 | Jefferies | Buy | Buy | Hold |
Everest Re Group's last stock rating was published by BMO Capital on Nov 14, 2024. The company gave EG a "Market Perform" rating, the same as its previous rate.
Everest Re Group Financial Forecast
Everest Re Group Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.30B | $3.27B | $3.12B | $2.83B | $2.90B | $3.05B | $2.79B | $2.84B | $2.74B | $2.67B | $2.61B |
| Avg Forecast | $5.34B | $5.26B | $5.18B | $5.10B | $4.97B | $4.90B | $4.83B | $4.75B | $4.70B | $4.62B | $4.37B | $4.24B | $4.42B | $4.33B | $4.32B | $4.05B | $3.85B | $3.85B | $3.62B | $3.37B | $3.28B | $3.35B | $3.11B | $3.11B | $2.94B | $2.88B | $2.59B | $2.52B | $2.53B | $2.36B |
| High Forecast | $5.42B | $5.34B | $5.26B | $5.18B | $5.05B | $4.98B | $4.91B | $4.83B | $4.77B | $4.70B | $4.44B | $4.31B | $4.47B | $4.37B | $4.32B | $4.05B | $3.89B | $4.14B | $3.68B | $3.43B | $3.33B | $3.35B | $3.11B | $3.11B | $2.94B | $2.88B | $2.59B | $2.52B | $2.53B | $2.36B |
| Low Forecast | $5.26B | $5.18B | $5.10B | $5.02B | $4.90B | $4.83B | $4.76B | $4.68B | $4.63B | $4.55B | $4.31B | $4.19B | $4.36B | $4.30B | $4.32B | $4.05B | $3.77B | $3.68B | $3.56B | $3.32B | $3.23B | $3.35B | $3.11B | $3.11B | $2.94B | $2.88B | $2.59B | $2.52B | $2.53B | $2.36B |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 0.93% | 0.91% | 0.93% | 1.04% | 0.97% | 1.09% | 1.09% | 1.06% | 1.11% |
Everest Re Group's average Quarter revenue forecast for Jun 23 based on 2 analysts is $3.62B, with a low forecast of $3.56B, and a high forecast of $3.68B. EG's average Quarter revenue forecast represents a 9.64% increase compared to the company's last Quarter revenue of $3.30B (Mar 23).
Everest Re Group EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $440.00M | $595.00M | $-376.00M | $143.52M | $345.18M | $523.43M | $-72.18M | $775.79M | $388.73M | $163.37M | $279.15M |
| Avg Forecast | $-1.72M | $-1.69M | $-1.67M | $-1.64M | $-1.60M | $-1.58M | $-1.56M | $-1.53M | $-1.51M | $-1.49M | $-1.41M | $-1.37M | $-1.43M | $-1.40M | $-1.39M | $-1.31M | $-1.24M | $-1.24M | $-1.17M | $-1.09M | $-1.06M | $268.67M | $249.47M | $249.71M | $235.78M | $230.83M | $208.22M | $202.57M | $202.94M | $189.58M |
| High Forecast | $-1.69M | $-1.67M | $-1.64M | $-1.62M | $-1.58M | $-1.56M | $-1.53M | $-1.51M | $-1.49M | $-1.47M | $-1.39M | $-1.35M | $-1.41M | $-1.39M | $-1.39M | $-1.31M | $-1.21M | $-1.19M | $-1.15M | $-1.07M | $-1.04M | $268.67M | $249.47M | $249.71M | $235.78M | $230.83M | $208.22M | $202.57M | $202.94M | $189.58M |
| Low Forecast | $-1.75M | $-1.72M | $-1.70M | $-1.67M | $-1.63M | $-1.60M | $-1.58M | $-1.56M | $-1.54M | $-1.51M | $-1.43M | $-1.39M | $-1.44M | $-1.41M | $-1.39M | $-1.31M | $-1.25M | $-1.33M | $-1.18M | $-1.10M | $-1.07M | $268.67M | $249.47M | $249.71M | $235.78M | $230.83M | $208.22M | $202.57M | $202.94M | $189.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -404.92% | -563.75% | -1.40% | 0.58% | 1.38% | 2.22% | -0.31% | 3.73% | 1.92% | 0.80% | 1.47% |
2 analysts predict EG's average Quarter EBITDA for Jun 23 to be $-1.17M, with a high of $-1.15M and a low of $-1.18M. This is -100.26% lower than Everest Re Group's previous annual EBITDA (Mar 23) of $440.00M.
Everest Re Group Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $365.00M | $496.00M | $-319.00M | $122.63M | $297.75M | $430.71M | $-73.47M | $679.98M | $341.86M | $63.60M | $243.06M |
| Avg Forecast | $959.93M | $479.75M | $945.14M | $948.57M | $824.30M | $546.54M | $811.14M | $835.36M | $786.06M | $501.12M | $756.73M | $749.69M | $544.28M | $515.67M | $701.74M | $678.60M | $623.82M | $479.10M | $502.80M | $533.61M | $411.07M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M |
| High Forecast | $980.13M | $489.84M | $965.03M | $968.53M | $841.64M | $558.04M | $828.20M | $852.93M | $802.60M | $511.67M | $772.65M | $785.92M | $710.09M | $526.52M | $701.75M | $678.61M | $638.75M | $610.18M | $513.37M | $544.84M | $419.72M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M |
| Low Forecast | $941.47M | $470.53M | $926.97M | $930.33M | $808.45M | $536.03M | $795.54M | $819.29M | $770.95M | $491.49M | $742.18M | $712.25M | $92.06M | $505.75M | $701.74M | $678.59M | $607.19M | $346.67M | $493.13M | $523.35M | $403.17M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.21% | 1.51% | 0.36% | 0.74% | 1.13% | 1.62% | 1.83% | 1.73% | -3.49% | 3.41% |
Everest Re Group's average Quarter net income forecast for Jun 23 is $502.80M, with a range of $493.13M to $513.37M. EG's average Quarter net income forecast represents a 37.75% increase compared to the company's last Quarter net income of $365.00M (Mar 23).
Everest Re Group SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.00M | $16.00M | $16.00M | $15.02M | $14.02M | $21.46M | $17.82M | $16.17M | $12.38M | $11.93M | $10.62M |
| Avg Forecast | $26.08M | $25.70M | $25.32M | $24.92M | $24.29M | $23.95M | $23.60M | $23.23M | $22.96M | $22.59M | $21.36M | $20.74M | $21.62M | $21.18M | $21.11M | $19.81M | $18.80M | $18.82M | $17.68M | $16.48M | $16.01M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M |
| High Forecast | $26.50M | $26.11M | $25.72M | $25.33M | $24.68M | $24.34M | $23.98M | $23.61M | $23.33M | $22.95M | $21.70M | $21.06M | $21.87M | $21.34M | $21.11M | $19.81M | $18.99M | $20.21M | $17.97M | $16.75M | $16.27M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M |
| Low Forecast | $25.70M | $25.32M | $24.94M | $24.55M | $23.93M | $23.60M | $23.25M | $22.89M | $22.62M | $22.25M | $21.04M | $20.47M | $21.33M | $21.03M | $21.11M | $19.81M | $18.43M | $17.98M | $17.42M | $16.24M | $15.77M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.00% | 0.98% | 0.99% | 0.92% | 1.50% | 1.27% | 1.28% | 1.00% | 0.97% | 0.92% |
Everest Re Group's average Quarter SG&A projection for Jun 23 is $17.68M, based on 2 Wall Street analysts, with a range of $17.42M to $17.97M. The forecast indicates a -6.94% fall compared to EG last annual SG&A of $19.00M (Mar 23).
Everest Re Group EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.31 | $12.78 | $-8.22 | $3.11 | $7.67 | $11.00 | $-1.87 | $16.97 | $8.53 | $1.61 | $6.08 |
| Avg Forecast | $22.53 | $11.26 | $22.19 | $22.27 | $19.35 | $12.83 | $19.04 | $19.61 | $18.45 | $11.76 | $17.76 | $17.60 | $12.78 | $12.10 | $16.47 | $15.93 | $14.64 | $11.25 | $11.80 | $12.53 | $9.65 | $-4.95 | $8.06 | $9.42 | $8.92 | $-1.06 | $8.67 | $4.61 | $-0.43 | $1.67 |
| High Forecast | $23.01 | $11.50 | $22.65 | $22.74 | $19.76 | $13.10 | $19.44 | $20.02 | $18.84 | $12.01 | $18.14 | $18.45 | $16.67 | $12.36 | $16.47 | $15.93 | $14.99 | $14.32 | $12.05 | $12.79 | $9.85 | $-4.95 | $8.06 | $9.42 | $8.92 | $-1.06 | $8.67 | $4.61 | $-0.43 | $1.67 |
| Low Forecast | $22.10 | $11.05 | $21.76 | $21.84 | $18.98 | $12.58 | $18.67 | $19.23 | $18.10 | $11.54 | $17.42 | $16.72 | $2.16 | $11.87 | $16.47 | $15.93 | $14.25 | $8.14 | $11.58 | $12.29 | $9.46 | $-4.95 | $8.06 | $9.42 | $8.92 | $-1.06 | $8.67 | $4.61 | $-0.43 | $1.67 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.32% | 1.66% | 0.39% | 0.81% | 1.23% | 1.77% | 1.96% | 1.85% | -3.78% | 3.65% |
According to 2 Wall Street analysts, Everest Re Group's projected average Quarter EPS for Jun 23 is $11.80, with a low estimate of $11.58 and a high estimate of $12.05. This represents a 26.77% increase compared to EG previous annual EPS of $9.31 (Mar 23).