Critical Survey: Everest Group (EG) & Its Rivals

Everest Group (NYSE:EGGet Free Report) is one of 89 public companies in the “Fire, marine, & casualty insurance” industry, but how does it compare to its peers? We will compare Everest Group to similar companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends.

Volatility & Risk

Everest Group has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500. Comparatively, Everest Group’s peers have a beta of 0.63, indicating that their average stock price is 37% less volatile than the S&P 500.

Profitability

This table compares Everest Group and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Everest Group 9.14% 14.92% 3.26%
Everest Group Competitors -1.89% -0.82% -0.01%

Dividends

Everest Group pays an annual dividend of $6.60 per share and has a dividend yield of 1.9%. Everest Group pays out 22.0% of its earnings in the form of a dividend. As a group, “Fire, marine, & casualty insurance” companies pay a dividend yield of 1.2% and pay out 9.9% of their earnings in the form of a dividend.

Institutional and Insider Ownership

94.4% of Everest Group shares are owned by institutional investors. Comparatively, 56.5% of shares of all “Fire, marine, & casualty insurance” companies are owned by institutional investors. 1.4% of Everest Group shares are owned by insiders. Comparatively, 13.7% of shares of all “Fire, marine, & casualty insurance” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Everest Group and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Everest Group $12.06 billion $597.00 million 11.86
Everest Group Competitors $15.10 billion -$207.87 million -22,963.17

Everest Group’s peers have higher revenue, but lower earnings than Everest Group. Everest Group is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Everest Group and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Everest Group 0 0 2 1 3.33
Everest Group Competitors 568 2891 2671 162 2.39

Everest Group presently has a consensus target price of $429.00, suggesting a potential upside of 20.50%. As a group, “Fire, marine, & casualty insurance” companies have a potential upside of 1.63%. Given Everest Group’s stronger consensus rating and higher possible upside, research analysts clearly believe Everest Group is more favorable than its peers.

Summary

Everest Group beats its peers on 11 of the 15 factors compared.

Everest Group Company Profile

(Get Free Report)

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.

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