Analyst Consensus ?
ConsensusHold22 ratings
Bullish836.4%
Neutral1463.6%
Bearish00.0%
Everest Group, Ltd. · EG · FY2024 Q3 · Calendar Q4 2024
Everest Group: Property focus supports underwriting, catastrophe risks remain
The supplied analysis supports a constructive but conditional view: Everest's property and specialty focus, international expansion, and investment income provide support, while catastrophe losses, casualty reserves, and execution costs remain material checks on the outlook.
Reported After market closeNYSEFinancial Services
$14.92B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$14.62
Consensus $11.91
EPS surprise
+22.8%
Reported versus consensus
Reported revenue
$4.29B
Consensus $4.19B
Revenue surprise
+2.3%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-6.4%
Event window
SPY move
-2.0%
Same window
Abnormal move
-4.5%
Stock minus SPY
Volume
2.3×
Versus trailing sessions
Subsequent drift
+9.0%
Up to 20 sessions
EGSPY benchmark
Ask FN2 about EG FY2024 Q3
Transcript, numbers and history already loaded
Why did EG fall 6.4% after beating EPS estimates in FY2024 Q3?What changed in EG's guidance and outlook in FY2024 Q3?Give me the bull and bear case for EG after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, the discussion placed greater emphasis on pulling back from casualty exposures, the estimated impact of Hurricane Milton, and property-catastrophe renewal pricing. The company also disclosed the Ryan Specialty transaction involving the EverSports and Entertainment Insurance business.
Guidance delta
Guidance sentiment was maintained; management continued to frame property-catastrophe pricing as firming into the January 1 renewals.
Key takeaways
- Management emphasized a shift toward higher-return property and specialty lines while reducing casualty exposure.
- The supplied analysis highlights strong operating and investment income despite recent catastrophe events.
- International expansion, systems investment, and opportunistic share repurchases remain part of the operating plan.
Management priorities
- Complete the annual long-tail reserve study in Q4.
- Continue disciplined underwriting, portfolio diversification, and international expansion.
- Invest in talent, automation, and systems while maintaining opportunistic share repurchases.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$389.1Current
$332Low
$395.6Average
$485High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Oct 12, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Oct 7, 2026 |
| TD Cowen | Hold | Hold | Maintain | Aug 19, 2026 |
| UBS | Neutral | Neutral | Maintain | Aug 3, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jul 31, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Jul 30, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 30, 2026 |
| Cantor Fitzgerald | Neutral | Neutral | Maintain | Jul 9, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jul 6, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | May 14, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 14, 2026 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Oct 29, 2025 |
| Raymond James | Outperform | Strong Buy | Downgrade | Sep 22, 2025 |
| Jefferies | Buy | Hold | Upgrade | Apr 11, 2025 |
| Deutsche Bank | Buy | Hold | Upgrade | Mar 28, 2021 |
| Credit Suisse | Neutral | Neutral | Maintain | Nov 9, 2020 |
| CFRA | Hold | Hold | Maintain | Feb 11, 2020 |
| Goldman Sachs | Neutral | Sell | Upgrade | Nov 14, 2016 |
| Sidoti & Co. | Buy | Neutral | Upgrade | May 22, 2013 |
| Macquarie | Neutral | Outperform | Downgrade | Apr 14, 2013 |
| JP Morgan | Overweight | Neutral | Upgrade | Dec 19, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $389.1. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Mizuho Securities | Analyst unavailable | $398 | $366.84 | +2.3% | Oct 7, 2026 |
| RBC Capital | Analyst unavailable | $455 | $369.42 | +16.9% | Sep 22, 2026 |
| Rosenblatt Securities | Analyst unavailable | $455 | $369.42 | +16.9% | Sep 22, 2026 |
| UBS | Brian Meredith | $395 | $377.12 | +1.5% | Aug 3, 2026 |
| Mizuho Securities | Yaron Kinar | $416 | $375.36 | +6.9% | Jul 31, 2026 |
| Evercore ISI | Analyst unavailable | $377 | $377.19 | -3.1% | Jul 30, 2026 |
| Atlantic Equities | Analyst unavailable | $484 | $364.88 | +24.4% | Jul 15, 2026 |
| Evercore ISI | Analyst unavailable | $375 | $371.62 | -3.6% | Jul 10, 2026 |
| Cantor Fitzgerald | Ryan Tunis | $390 | $371.29 | +0.2% | Jul 9, 2026 |
| Mizuho Securities | Yaron Kinar | $418 | $371.29 | +7.4% | Jul 9, 2026 |
| Barclays | Analyst unavailable | $420 | $372.93 | +7.9% | Jul 7, 2026 |
| Morgan Stanley | Analyst unavailable | $360 | $371.35 | -7.5% | Jul 6, 2026 |
| UBS | Analyst unavailable | $355 | $358.42 | -8.8% | May 21, 2026 |
| BMO Capital | Michael Zaremski | $376 | $347.97 | -3.4% | May 14, 2026 |
| Morgan Stanley | Bob Huang | $340 | $351.54 | -12.6% | May 7, 2026 |
| UBS | Analyst unavailable | $374 | $351.26 | -3.9% | May 4, 2026 |
| Mizuho Securities | Analyst unavailable | $365 | $333.52 | -6.2% | Apr 13, 2026 |
| Mizuho Securities | Yaron Kinar | $360 | $330.76 | -7.5% | Feb 11, 2026 |
| Mizuho Securities | Analyst unavailable | $358 | $319.92 | -8.0% | Jan 14, 2026 |
| Cantor Fitzgerald | Ryan Tunis | $344 | $319.92 | -11.6% | Jan 14, 2026 |
| Wells Fargo | Elyse Greenspan | $332 | $328.38 | -14.7% | Jan 13, 2026 |
| UBS | Brian Meredith | $345 | $329.1 | -11.3% | Jan 12, 2026 |
| Barclays | Analyst unavailable | $377 | $331.43 | -3.1% | Jan 8, 2026 |
| Evercore ISI | Analyst unavailable | $365 | $330.88 | -6.2% | Jan 7, 2026 |
| Mizuho Securities | Analyst unavailable | $359 | $328.56 | -7.7% | Dec 15, 2025 |
| Raymond James | Gregory Peters | $350 | $314.52 | -10.0% | Nov 3, 2025 |
| Barclays | Analyst unavailable | $365 | $314.7 | -6.2% | Oct 31, 2025 |
| Barclays | Analyst unavailable | $425 | $343.98 | +9.2% | Oct 28, 2025 |
| Barclays | Alex Scott | $430 | $364.86 | +10.5% | Oct 8, 2025 |
| Evercore ISI | Analyst unavailable | $384 | $353.13 | -1.3% | Oct 1, 2025 |
| Raymond James | Gregory Peters | $375 | $335.38 | -3.6% | Sep 22, 2025 |
| Wells Fargo | Elyse Greenspan | $371 | $326.04 | -4.7% | Aug 4, 2025 |
| Wells Fargo | Elyse Greenspan | $362 | $340.45 | -7.0% | Jul 10, 2025 |
| Barclays | Alex Scott | $470 | $341.72 | +20.8% | Feb 4, 2025 |
| BMO Capital | Michael Zaremski | $453 | $353.52 | +16.4% | Jan 10, 2025 |
| BMO Capital | Michael Zaremski | $372 | $368.43 | -4.4% | Nov 14, 2024 |
| Bank of America Securities | Joshua Shanker | $485 | $388.89 | +24.6% | Oct 10, 2024 |
| Barclays | Alex Scott | $527 | $392.5 | +35.4% | Sep 4, 2024 |
| BMO Capital | Michael Zaremski | $403 | $360.63 | +3.6% | Aug 7, 2024 |
| Raymond James | Analyst unavailable | $385 | $356.33 | -1.1% | Feb 2, 2023 |
| Wells Fargo | Analyst unavailable | $365 | $332.95 | -6.2% | Nov 29, 2022 |
| Morgan Stanley | Analyst unavailable | $345 | $325.32 | -11.3% | Nov 22, 2022 |
| Jefferies | Analyst unavailable | $344 | $280.12 | -11.6% | Jul 12, 2022 |
Track every rating change on EG the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationEverest Group, Ltd., together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. It operates in two segment, Insurance and Reinsurance. The company writes property and casualty reinsurance; treaty and facultative reinsurance products; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies; and writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents. It provides reinsurance products comprising mortgage, catastrophe, marine, aviation, engineering, professional line, credit and surety, motor, agriculture/crop, and political violence reinsurance products. In addition, the company offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.
Historical context
All EG earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| IBN ICICI Bank Limited | FY2027 Q2 · Calendar Q4 2026 | — | — | ICICI Bank Q2 FY27: Strong Growth, Temporary Margin Pressure |
| HDB HDFC Bank Limited | FY2027 Q2 · Calendar Q4 2026 | — | — | HDFC Bank: Strong deposits, resilient asset quality, margins under pressure |
| MTB-PH M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T Bank: Loan Growth Holds Up as Rates Pressure Margins |
| MTB-PJ M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T: Deposit growth supports margins as AI use expands |
| RF-PE Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee Growth and Credit Quality Support Q3 |
| RF-PC Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee growth supports a steady Q3 outlook |
Latest beats and misses
Who reports nextBeat on EPS
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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-18T19:50:41.616434+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T19:50:41.613510+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.