Insurance - Reinsurance
Search documents
Everest Group Stock: Is EG Underperforming the Financial Sector?
Yahoo Financeยท 2025-09-22 12:39
Core Insights - Everest Group, Ltd. (EG) is a significant player in the reinsurance and insurance market, with a market capitalization of $14.1 billion, offering a range of products and services including property, casualty, and specialty reinsurance [1][2] Financial Performance - EG's shares have decreased by 17.7% from their 52-week high of $407.30, reached on October 4, 2024, and have underperformed compared to the Financial Select Sector SPDR Fund (XLF), which gained 8% over the same period [3] - Year-to-date, EG shares have dipped 7.5% and have plunged 13.6% over the past 52 weeks, significantly lagging behind XLF's YTD gains of 12.3% and 18.7% returns over the last year [4] - In Q2, EG reported an EPS of $17.36, exceeding Wall Street's expectations of $15.14, with revenue of $4.5 billion also surpassing forecasts of $4.4 billion [5] Market Position and Analyst Sentiment - EG is classified as a large-cap stock, reflecting its substantial assets and global presence in over 100 countries, which contributes to its financial stability and customer trust [2] - Analysts maintain a "Moderate Buy" consensus rating for EG, with a mean price target of $382.62, indicating a potential upside of 14.1% from current price levels [6]