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Here's Why Everest Group (EG) is a Strong Value Stock
Everest Everest (US:EG) ZACKSยท2025-08-12 14:40

Company Overview - Everest Group is a Delaware reinsurance company established in 1999, based in Warren, NJ, and operates as a property and casualty insurer and reinsurer across the U.S., District of Columbia, Puerto Rico, and Guam [11] - As of December 31, 2024, Everest Reinsurance reported a statutory surplus of $5.6 billion [11] - The company's strategy focuses on maintaining leadership in targeted reinsurance and insurance markets, effective management throughout the underwriting cycle, and achieving attractive returns for shareholders [11] Investment Ratings - Everest Group currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A [12] - The company has a Value Style Score of A, supported by a forward P/E ratio of 7.19, indicating attractive valuation metrics for value investors [12] - In the last 60 days, four analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.24 to $45.95 per share [12] Performance Indicators - Everest Group has demonstrated an average earnings surprise of +3.4%, suggesting a positive trend in earnings performance [12] - With a solid Zacks Rank and top-tier Value and VGM Style Scores, Everest Group is recommended for investors' consideration [13]