Why Everest Group (EG) is a Top Value 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 [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 holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [12] - The company has a Value Style Score of A, supported by favorable valuation metrics such as a forward P/E ratio of 7.54, making it appealing to value investors [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates for Everest Group upwards, with the Zacks Consensus Estimate increasing by $0.11 to $45.51 per share for fiscal 2025 [12] - The company has demonstrated an average earnings surprise of +3.4%, indicating a positive trend in earnings performance [12] Investment Consideration - With a strong Zacks Rank and high Value and VGM Style Scores, Everest Group is recommended for investors looking for potential opportunities in the reinsurance sector [13]