Everest Group Surges to 469th in Daily Trading Volume with $199 Million Turnover

On May 29, 2025, Everest Group (EG) saw a significant increase in trading volume, with a turnover of $199 million, marking a 39.16% rise from the previous day. This surge placed EG at the 469th position in terms of daily trading volume. The stock price of EG also rose by 3.21%.

Everest Group, Ltd. has shown resilience in the market, closing 14.96% below its 52-week high of $407.30, which it reached on October 4th. The company's strong performance has allowed it to outperform some of its competitors in recent trading sessions.

Despite its recent outperformance, Everest Group has faced challenges over the past year. The company's stock prices have declined 12.3% over the past 52 weeks and 5.2% year-to-date, lagging behind the broader market and the Invesco KBW Property & Casualty Insurance ETF. The company's financials were significantly impacted due to a decline in gross premium collection in both of its segments and a negative impact due to the California wildfires. Its total revenues increased 3.1% year-over-year to $4.3 billion but fell short of estimates. Its net cash provided by operating activities also declined 15.8% to $928 million. Moreover, the company’s adjusted net income tanked 61.1% from the previous year’s quarter to $276 million. EG’s adjusted EPS for the quarter also declined 60.5% year-over-year to $6.45 and failed to meet the consensus estimates by 13.5%.

Analysts expect EG to report a 53.2% year-over-year increase in adjusted EPS to $45.71 for the current fiscal year. However, EG has a disappointing earnings surprise history, successfully beating the Street’s bottom-line estimates in only one of the past four quarters. Among the 13 analysts covering the stock, the consensus rating is a “Moderate Buy,” with five “Strong Buy” ratings, one “Moderate Buy,” six “Holds,” and one “Strong Sell.”

On May 19, Morgan Stanley analyst Bob Huang maintained an "Equal-Weight" rating on Everest Group stock and raised its price target from $330 to $350. As of the latest data, EG’s mean price target of $391.75 indicates a premium of 14% from the current market prices, while its Street-high target of $489 indicates an impressive 42.3% upside potential.