Investment activities involving Everest Group, Ltd. (EG) shares are notably fluctuating. Administering funds like Ameriprise Financial Inc., HighTower Advisors LLC, and Candriam S.C.A., have lowered their EG stakes, while others, notably Altrinsic Global Advisors LLC, MetLife Investment Management LLC, and Allstate Corp have boosted their EG shares. Everest Group’s stock performance shows consistency reflected in its 75% returns in the past five years. Despite weakening technical indicators, a consensus of Moderate Buy indicates an investor appeal. EG also shows strength as a value stock, indicating a company worthy of investing long-term. Strategic reserve strengthening was highlighted during their Q4 2024 Earnings call. Nevertheless, EG seems to be trading below its 50-Day SMA, suggesting stock underperformance. EG announced dividends of $2.00, indicating robust financial health. Furthermore, expansions have cemented with the appointment of Laura Hay to their board of directors and the promotion of Jill Beggs to CEO of reinsurance division. Despite Zacks Research reducing FY2025 EPS estimates for Everest Group, it continues to draw attention with its Ellington Beat estimates, positive revenue growth, and admirable corporate repositioning.
Everest Group Ltd EG News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 30 Aug 2025 18:47:02 GMT - Rating 4 - Innovation 1 - Information 6 - Rumor 2
