Everest Group FY2028 EPS Estimate Lifted by Zacks Research

17 Apr 2026, 08:40 by Teresa Graham · The Cerbat Gem

Everest Group, Ltd. (NYSE:EG – Free Report) – Investment analysts at Zacks Research raised their FY2028 EPS estimates for Everest Group in a research note issued on Wednesday, April 15th. Zacks Research analyst Team now forecasts that the company will earn $67.48 per share for the year, up from their previous forecast of $64.07. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Everest Group’s current full-year earnings is $47.93 per share.

Everest Group (NYSE:EG – Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported $13.26 earnings per share for the quarter, missing the consensus estimate of $13.36 by ($0.10). The firm had revenue of $4.42 billion for the quarter, compared to analyst estimates of $3.97 billion. Everest Group had a return on equity of 12.50% and a net margin of 9.09%.The business’s quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the business posted ($18.39) EPS.

EG has been the topic of a number of other reports. Barclays lifted their price target on shares of Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Everest Group in a research note on Thursday, January 22nd. Mizuho lifted their price target on shares of Everest Group from $360.00 to $365.00 and gave the company a “neutral” rating in a research note on Monday. Cantor Fitzgerald lowered their price target on shares of Everest Group from $348.00 to $344.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Everest Group from $430.00 to $402.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Six investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Everest Group has a consensus rating of “Hold” and a consensus price target of $366.14.

Check Out Our Latest Research Report on EG

Everest Group Price Performance

Shares of EG stock opened at $344.41 on Friday. Everest Group has a 52-week low of $302.44 and a 52-week high of $368.29. The stock has a market cap of $17.13 billion, a PE ratio of 9.10, a PEG ratio of 0.26 and a beta of 0.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.39 and a current ratio of 0.39. The firm’s 50 day moving average price is $330.80 and its two-hundred day moving average price is $330.18.

Hedge Funds Weigh In On Everest Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC bought a new position in Everest Group in the 3rd quarter valued at approximately $30,000. Activest Wealth Management bought a new position in Everest Group in the 4th quarter valued at approximately $34,000. Raiffeisen Bank International AG bought a new position in Everest Group in the 4th quarter valued at approximately $34,000. UMB Bank n.a. lifted its stake in Everest Group by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 107 shares of the company’s stock valued at $37,000 after purchasing an additional 48 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in Everest Group in the 4th quarter valued at approximately $37,000. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a $2.00 dividend. The ex-dividend date was Friday, March 13th. This represents a $8.00 annualized dividend and a dividend yield of 2.3%. Everest Group’s payout ratio is presently 21.13%.

Key Headlines Impacting Everest Group

Here are the key news stories impacting Everest Group this week:

Positive Sentiment: Bank of America raised its price target sharply to $454 and reiterated a buy stance, a strong bullish signal that supports upside potential for EG. Bank of America Boosts Everest Group Price Target Bank of America Keeps Buy Rating
Positive Sentiment: Zacks Research raised several later-period EPS forecasts (notably Q1 2028 to $16.69 and upgrades to some 2027 quarter estimates), indicating some expected improvement in earnings farther out. Zacks Research Report
Neutral Sentiment: Wells Fargo raised its price target from $304 to $332 but left an “equal weight” rating—the target is higher than before but still below the recent market price, a mixed signal that tempers conviction. Wells Fargo Issues Forecast for Everest Group
Negative Sentiment: Zacks issued a series of downward revisions to near-term and FY2026 estimates (cuts to Q1–Q4 2026 and a small downgrade to FY2026 EPS to $53.11), and trimmed several 2026–2027 quarterly forecasts—these reductions increase short-term earnings risk and likely pressured the stock. Zacks Lowers Near-Term Estimates

About Everest Group

(Get Free Report)

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.