The recent Everest Group Ltd. (EG) performance has been followed by mixed reviews and acquisitions. The company surpassed Q1 earnings and revenues are reported to have risen, signalling it as a shareholder favourite. Significant acquisitions were made by firms such as Norges Bank, Panagora Asset Management, and Trexquant Investment. However, the company's stock was reported to underperform compared to competitors on several days. Expected earnings per share for Q2 and Q3 2025 were predicted at $18.72 and $9.51 respectively. A direct sale of shares was conducted by Director Geraldine Losquadro, and an increase in dividend to $2 a share was announced. Meanwhile, multiple firms continue to purchase EG shares, such as Boston Partners, Jump Financial and Robeco Institutional inside the asset management. Negative reports highlight a new risk added to Everest stock, and the lagging of shareholder's YoY returns compared to the company's 14% five-year earnings growth. Overall, Everest stock is deemed a 'Moderate Buy' by brokerages.
Everest Group Ltd EG News Analytics from Thu, 18 May 2023 07:00:00 GMT to Thu, 23 May 2024 18:15:19 GMT - Rating 5 - Innovation 8 - Information 7 - Rumor 2
