Everest Group Ltd (EG) has proven to be a magnet for numerous investment firms such as GAMMA Investing LLC, Vest Financial LLC, Curat Global LLC, Rhumbline Advisers, and many more who have all increased their holdings. Along with several new investments made by firms like Universal Beteiligungs und Servicegesellschaft mbH. However, Lmcg Investments LLC has reduced their holding. EG's full year and Q4 2024 results were generally positive and the company continues to tighten its strategic reserves. Corporate governance was strengthened with the appointment of Darryl Page to the Board of Directors and a change in board leadership. Despite some financial setbacks including catastrophe losses, EG announced a dividend and also shared preliminary commentary on full-year and fourth quarter 2024 results. The company sees market undervaluation despite recent growth of 2.7%, and various Wall Street analysts look favorably on the stock's prospects. The company is looking to boost stock value with increased share repurchase authorization and a dividend announcement. They also appointed Jim Williamson as Permanent CEO, part of a larger leadership transition. Lastly, EG's Q1 2025 earnings call highlights show they are managing catastrophe losses efficiently.
Everest Group Ltd EG News Analytics from Thu, 18 May 2023 07:00:00 GMT to Sat, 07 Jun 2025 09:39:02 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor -2
