Upside case
Bull case
$1147+226.1%
EG would need investors to value it at roughly 22x earnings — about 15x more generous than today's 7x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewHoldUpdated May 1, 2026
Everest Re Group, Ltd. (EG) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Hold
Covering
22
analysts
8 bullish · 0 bearish · 22 covering EG
Strong Buy
0
Buy
8
Hold
14
Sell
0
Strong Sell
0
Consensus Target
$354
+0.6% vs today
Scenario Range
— – $1147
Model bear to bull value window
Coverage
22
Published analyst ratings
Valuation Context
6.7x
Forward P/E · Market cap $14.2B
EG price targets
Three scenarios for where EG stock could go
Current
~$352
Confidence
70 / 100
Updated
May 1, 2026
Where we are now
Current · $352
Base
$528
Bull
$1147
Market caseClosest to today
Base case
$528+50.1%
At 10x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Everest Re Group, Ltd.
EG · NYSEFinancial ServicesInsurance - ReinsuranceDecember year-end
Everest Re Group is a global reinsurance and insurance company that provides risk transfer solutions to other insurers and corporate clients. It generates revenue primarily through reinsurance premiums (roughly 70% of total) and insurance premiums (roughly 30%), with both segments writing property, casualty, and specialty lines. The company's competitive advantage lies in its global underwriting expertise, strong capital position, and diversified risk portfolio across multiple geographies and lines of business.
Market Cap
$14.2B
Revenue TTM
$17.1B
Net Income TTM
$2.0B
Net Margin
11.9%
EG Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
67%Exceptional
12 quarters tracked
Revenue Beat Rate
42%Exceptional
vs consensus estimates
Avg EPS Surprise
-10.8%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$17.36/$15.14
Revenue
$4.4B/$3.9B
Q4 2025
EPS
$7.54/$14.63
Revenue
$4.3B/$4.4B
Q1 2026
EPS
$13.26/$13.36
Revenue
$4.4B/$4.5B
Q2 2026
EPS
$16.08/$13.97
Revenue
$4.1B/$4.2B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $17.36/$15.14 | +14.7% | $4.4B/$3.9B | +13.3% |
| Q4 2025 | $7.54/$14.63 | -48.5% | $4.3B/$4.4B | -4.4% |
| Q1 2026 | $13.26/$13.36 | -0.7% | $4.4B/$4.5B | -1.5% |
| Q2 2026 | $16.08/$13.97 | +15.1% | $4.1B/$4.2B | -2.4% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$17.8B
+4.0% YoY
FY2
$18.8B
+5.5% YoY
EPS Outlook
FY1
$52.54
+4.1% YoY
FY2
$56.82
+8.1% YoY
Trailing FCF (TTM)$2.9B
FCF Margin: 16.7%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
EG beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
EG Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2024
Total disclosed revenue $15.2B
Product Mix
Latest annual revenue by segment or product family
Reinsurance
75.1%
YoY unavailable
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Reinsurance is the largest disclosed segment at 75.1% of FY 2024 revenue, with no year-over-year comparison yet.
EG Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Undervalued
Fair value est. $468 — implies +32.5% from today's price.
Upside to Fair Value
32.5%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
EG
9.3x
vs
S&P 500
25.2x
63% discount
vs Financial Services Trailing P/E
EG
9.3x
vs
Financial Services
13.4x
30% discount
vs EG 5Y Avg P/E
Today
9.3x
vs
5Y Average
11.2x
17% discount
Forward PE
6.7x
S&P 500
19.1x
-65%
Financial Services
10.5x
-36%
5Y Avg
—
—
Trailing PE
9.3x
S&P 500
25.2x
-63%
Financial Services
13.4x
-30%
5Y Avg
11.2x
-17%
PEG Ratio
0.38x
S&P 500
1.75x
-78%
Financial Services
1.03x
-63%
5Y Avg
—
—
EV/EBITDA
8.0x
S&P 500
15.3x
-48%
Financial Services
11.4x
-30%
5Y Avg
12.4x
-36%
Price/FCF
4.2x
S&P 500
21.3x
-80%
Financial Services
10.6x
-61%
5Y Avg
3.4x
+24%
Price/Sales
0.8x
S&P 500
3.1x
-74%
Financial Services
2.3x
-64%
5Y Avg
1.0x
-14%
Dividend Yield
2.30%
S&P 500
1.88%
+22%
Financial Services
2.68%
-14%
5Y Avg
2.16%
+7%
| Metric | EG | S&P 500 | Financial Services | 5Y Avg EG |
|---|---|---|---|---|
| Forward PE | 6.7x | 19.1x-65% | 10.5x-36% | — |
| Trailing PE | 9.3x | 25.2x-63% | 13.4x-30% | 11.2x-17% |
| PEG Ratio | 0.38x | 1.75x-78% | 1.03x-63% | — |
| EV/EBITDA | 8.0x | 15.3x-48% | 11.4x-30% | 12.4x-36% |
| Price/FCF | 4.2x | 21.3x-80% | 10.6x-61% | 3.4x+24% |
| Price/Sales | 0.8x | 3.1x-74% | 2.3x-64% | 1.0x-14% |
| Dividend Yield | 2.30% | 1.88% | 2.68% | 2.16% |
EG trades above S&P 500 benchmarks on 0 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolEG Financial Health
Verdict
Strong
EG posts 11.9% net margin with 13.3% ROE — the core signals of underwriting discipline and capital efficiency.
Underwriting & Earnings
Premium revenue, margins, and returns
Revenue (TTM)
Trailing-twelve-month sales base
$17.1B
Revenue Growth
TTM vs prior year
-0.5%
Operating Margin
Operating income divided by revenue
14.2%
Net Margin
Net income divided by revenue
11.9%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$50.49
ROE
Return on equity — measures underwriting and investment efficiency
13.3%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
8.1%
ROA
Return on assets, trailing twelve months
3.3%
Cash & Equivalents
Liquid assets on the balance sheet
$1.3B
Net Debt
Total debt minus cash
$2.3B
FCF Analysis
Traditional FCF and debt/FCF ratios are not meaningful for financial companies. Focus on ROE and ROA above.
ROE
Return on equity, trailing twelve months
13.3%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
8.1%
Dividend
2.3%
Buyback
5.8%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$818M
Dividend / Share
Annualized trailing dividend per share
$8.09
Payout Ratio
Share of earnings distributed as dividends
21.1%
Shares Outstanding
Declining as buybacks retire shares
40M
All figures from the trailing twelve months. For financial companies, ROE and ROA are the primary health signals — FCF-based metrics are not applicable.
Open full ratios pageEG Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Social inflation impact
Everest Group Ltd. (EG) faces the risk of accelerating social inflation, which could adversely affect the adequacy of reserves. This may lead to significant financial strain, impacting earnings and investor sentiment in the property and casualty insurance market.
High Risk
Catastrophe loss threat
The company is exposed to the threat of large catastrophe losses that could erode its book value. Such events can lead to substantial financial losses, affecting overall profitability and shareholder value.
Medium
Net income volatility
EG has experienced net income volatility, with reported net losses on investments in the past. This inconsistency can create uncertainty for investors regarding the company's financial stability and future earnings potential.
Medium
Investment gains reliance
While the company has shown strong growth in comprehensive income due to unrealized investment gains, reliance on these gains can be risky. Fluctuations in the investment market can lead to unpredictable income streams, affecting overall financial performance.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why EG Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Undervalued Stock
Several analyses suggest EG is undervalued, with intrinsic value estimates significantly higher than its current market price. One model indicates it could be as much as 74.1% undervalued based on excess returns.
Strong Revenue and Earnings Growth
Earnings have shown significant growth, with an impressive 51.73% increase over the past year and a yearly average growth of 43.23% over the last few years. Earnings are also forecast to grow by 14.64% per year.
Positive Analyst Ratings
While the consensus rating is often 'Hold,' a significant portion of analysts recommend 'Buy' or 'Strong Buy'. The average 12-month price target from analysts suggests a potential upside of 6.3% to 9.33% from the current price.
Reliable Dividend Yield
EG offers a reliable dividend yield of around 2.31% to 2.33%, providing attractive returns to shareholders. This consistent yield enhances the stock's appeal to income-focused investors.
Improving Margins
Operating income margin improved to 14.06% in Q4 2025, reflecting effective cost management. This improvement indicates the company's ability to enhance profitability amidst competitive pressures.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
EG Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$351.90
52W Range Position
75%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$302.44
+16.4% from the low
52-Week High
$368.29
-4.5% from the high
1 Month
+7.15%
3 Month
+7.16%
YTD
+5.2%
1 Year
+2.1%
3Y CAGR
-2.8%
5Y CAGR
+5.2%
10Y CAGR
+6.8%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
EG vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
6.7x
vs 10.4x median
-36% below peer median
Revenue Growth
+4.0%
vs +8.4% median
-53% below peer median
Net Margin
11.9%
vs 12.9% median
-8% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
EG EG Everest Re Group, Ltd. | $14.2B | 6.7x | +4.0% | 11.9% | Hold | +0.6% |
RNR RNR RenaissanceRe Holdings Ltd. | $13.1B | 7.7x | +13.7% | 26.9% | Hold | +1.9% |
TRV TRV The Travelers Companies, Inc. | $65.2B | 10.8x | -1.4% | 12.9% | Hold | +3.8% |
MKL MKL Markel Corporation | $22.3B | 15.9x | +3.4% | 10.7% | Hold | +9.2% |
PRE PRE Prenetics Global Limited | $242M | — | +69.0% | -67.4% | Buy | +126.4% |
ACG ACGL Arch Capital Group Ltd. | $33.7B | 10.1x | +8.4% | 22.1% | Buy | +9.8% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
EG Dividend and Capital Return
EG returns capital mainly through $818M/year in buybacks (5.8% buyback yield), with a modest 2.30% dividend — combining for 8.1% total shareholder yield. The dividend has grown for 13 consecutive years.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
8.1%
Dividend + buyback return per year
Buyback Yield
5.8%
Dividend Yield
2.30%
Payout Ratio
21.1%
How EG Splits Its Return
Div 2.30%
Buyback 5.8%
Dividend 2.30%Buybacks 5.8%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$8.09
Growth Streak
Consecutive years of dividend increases
13Y
3Y Div CAGR
7.2%
5Y Div CAGR
5.2%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$818M
Estimated Shares Retired
2M
Approx. Share Reduction
5.8%
Shares Outstanding
Current diluted share count from the screening snapshot
40M
At 5.8%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $2.00 | — | — | — |
| 2025 | $8.00 | +3.2% | 5.8% | 8.2% |
| 2024 | $7.75 | +14.0% | 1.3% | 3.5% |
| 2023 | $6.80 | +4.6% | 0.0% | 2.0% |
| 2022 | $6.50 | +4.8% | 0.5% | 2.4% |
FAQ
7 questionsEG Investor Questions
Common questions answered from live analyst data and company financials.
01Is Everest Re Group, Ltd. (EG) stock a buy or sell in 2026?
Everest Re Group, Ltd. (EG) is rated Hold by Wall Street analysts as of 2026. Of 22 analysts covering the stock, 8 rate it Buy or Strong Buy, 14 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $354, implying +0.6% from the current price of $352.
02What is the EG stock price target for 2026?
The Wall Street consensus price target for EG is $354 based on 22 analyst estimates. The high-end target is $377 (+7.1% from today), and the low-end target is $332 (-5.7%). The base case model target is $528.
03Is Everest Re Group, Ltd. (EG) stock overvalued in 2026?
EG trades at 6.7x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals significantly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Everest Re Group, Ltd. (EG) stock in 2026?
The primary risks for EG in 2026 are: (1) Social inflation impact — Everest Group Ltd. (2) Catastrophe loss threat — The company is exposed to the threat of large catastrophe losses that could erode its book value. (3) Net income volatility — EG has experienced net income volatility, with reported net losses on investments in the past. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Everest Re Group, Ltd.'s revenue and earnings forecast?
Analyst consensus estimates EG will report consensus revenue of $17.8B (+4.0% year-over-year) and EPS of $52.54 (+4.1% year-over-year) for the upcoming fiscal year. The following year, analysts project $18.8B in revenue.
06When does Everest Re Group, Ltd. (EG) report its next earnings?
A confirmed upcoming earnings date for EG is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Everest Re Group, Ltd. generate?
Everest Re Group, Ltd. (EG) generated $2.9B in free cash flow over the trailing twelve months — a free cash flow margin of 16.7%. EG returns capital to shareholders through dividends (2.3% yield) and share repurchases ($818M TTM).