Why Everest Group (EG) is a Top Momentum Stock for the Long-Term

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 [12] - As of December 31, 2024, Everest Reinsurance reported a statutory surplus of $5.6 billion [12] - The company's business strategy focuses on maintaining leadership in targeted reinsurance and insurance markets, effective management throughout the underwriting cycle, and achieving attractive returns for shareholders [12] Investment Analysis - Everest Group currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [13] - The company has a Momentum Style Score of B, with shares increasing by 1.5% over the past four weeks [13] - In the last 60 days, four analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.24 to $45.95 per share [13] - Everest Group has an average earnings surprise of +3.4%, suggesting positive performance relative to expectations [13] - Given its strong Zacks Rank and favorable Momentum and VGM Style Scores, Everest Group is recommended for investors' consideration [14]