Everest Group
Underwrites treaty reinsurance and wholesale specialty cover across global property, casualty and niche risks.
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Profile
Underwrites property, casualty and specialty risks for insurers and commercial clients worldwide, earning premiums across Reinsurance Treaty and Global Wholesale & Specialty. Treaty reinsurance supplies most business, while Legacy contains exposures from exited retail and older casualty portfolios.
Underwrites treaty reinsurance for insurers and wholesale specialty coverage for commercial clients across the United States, Bermuda and international markets. Reinsurance Treaty spans property, casualty, financial lines and other specialty risks; Global Wholesale & Specialty writes property, specialty casualty, professional liability, accident and health, and workers' compensation. Treaty business supplies most premiums through proportional and excess-of-loss structures.
Focuses capital on these two underwriting franchises after transferring global commercial retail renewal rights and agreeing to sell remaining retail operations in Canada, Colombia and Mexico. A separate Legacy segment manages older casualty, asbestos and environmental, and other runoff exposures. Earnings remain structurally exposed to catastrophe losses, casualty reserve development, insurance pricing cycles, counterparty recoveries and returns on the invested premium base.
Company facts
Categories
Key statistics
Year to date +12.9% · Average volume (30d) 320.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 3, 2026 | UBS | Reiterate | Neutral | $355 | $395 |
| Jul 31, 2026 | Mizuho Securities | Target | $418 | $416 | |
| Jul 30, 2026 | Evercore ISI | Target | $375 | $377 | |
| Jul 15, 2026 | Atlantic Equities | Target | $484 | ||
| Jul 10, 2026 | Evercore ISI | Target | $365 | $375 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $14.52 | $14.85 | +2.3% | $3.99B | $3.96B | −0.8% | −4.70% |
| Apr 29, 2026Q1 FY26 | $13.97 | $16.08 | +15.1% | $4.17B | $4.07B | −2.4% | +3.71% |
| Feb 4, 2026Q4 FY25 | $13.36 | $13.26 | −0.7% | $4.49B | $4.42B | −1.5% | −2.26% |
| Oct 27, 2025Q3 FY25 | $14.63 | $7.54 | −48.5% | $4.45B | $4.25B | −4.4% | −11.36% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $4.24B | $4.40B | $4.25B | $4.42B | $4.07B | $3.96B | |
| Gross profit | $521.0M | $1.05B | $527.0M | $1.45B | $1.85B | $977.0M | |
| Operating income | $249.0M | $815.0M | $268.0M | $622.0M | $736.0M | $944.0M | |
| Net income | $210.0M | $680.0M | $255.0M | $446.0M | $653.0M | $559.0M | |
| Diluted EPS | $4.90 | $16.10 | $6.09 | $10.77 | $16.21 | $13.88 | |
| Gross margin | 12.3% | 23.9% | 12.4% | 32.9% | 45.5% | 24.7% | |
| Operating margin | 5.9% | 18.5% | 6.3% | 14.1% | 18.1% | 23.8% |
Fiscal years (4-quarter sums)FY21 $11.79B · FY22 $12.06B · FY23 $14.44B · FY24 $17.07B · FY25 $17.32B
Revenue by product · FY24
Balance sheet, Jun 30, 2026Cash & short-term investments $3.62B · Total debt $3.59B · Total assets $62.17B · Shareholders' equity $15.43B
Dividends
Raised for 29 straight years — most recently to $2.00 from $1.75 in May 2024. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 12, 2026 | Jun 12 | Jun 26 | $2.00 | |
| Mar 13, 2026 | Mar 13 | Mar 27 | $2.00 | |
| Nov 26, 2025 | Nov 26 | Dec 12 | $2.00 | |
| Sep 3, 2025 | Sep 3 | Sep 19 | $2.00 | |
| May 28, 2025 | May 28 | Jun 13 | $2.00 | |
| Mar 17, 2025 | Mar 17 | Mar 28 | $2.00 | |
| Nov 27, 2024 | Nov 27 | Dec 13 | $2.00 | |
| Sep 16, 2024 | Sep 16 | Sep 27 | $2.00 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 39.57M · Float —
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.22M | 8.14% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 2.58M | 6.53% | 13F | Aug 13, 2026 |
| Wellington Investment Advisors Holdings LLP | 2.21M | 5.10% | 13G | Nov 8, 2024 |
| Vanguard Portfolio Management LLC | 2.07M | 5.23% | 13F | Aug 13, 2026 |
| Norges Bank | 1.93M | 4.88% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 7, 2026 | Jason Keen | officer: EVP & CEO of GW & S Division | −775 | $351.84 |
| Oct 29, 2025 | William F. Jr Galtney | director | +11,385 | $307.38 |
| Oct 29, 2025 | Allan Levine | director | +3,100 | $306.08 |
Peers
- RenaissanceRe
Property-catastrophe and casualty reinsurance overlap
- Arch Capital Group
Specialty insurance and reinsurance overlap
- AXIS Capital
Specialty insurance plus targeted reinsurance overlap
- Chubb
Commercial P&C, wholesale specialty, and reinsurance overlap
- W. R. Berkley
Commercial specialty insurance with smaller reinsurance overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Everest Group | $377.61 | −0.02% | $14.94B | 8.0 | 6.9 | 0.9 | −10.1% |
| RenaissanceRe | $330.74 | +0.01% | $13.74B | 5.7 | 8.3 | 1.3 | −28.5% |
| Arch Capital Group | $97.15 | −1.71% | $34.53B | 7.7 | 10.5 | 1.8 | −22.3% |
| AXIS Capital | $99.52 | 0.00% | $7.26B | 6.3 | 7.6 | 1.1 | +7.4% |
| Chubb | $340.37 | +0.13% | $131.14B | 12.0 | 12.2 | 2.1 | −1.3% |
| W. R. Berkley | $70.65 | +3.20% | $25.48B | 14.1 | 14.5 | 1.4 | +1.2% |
| Median | 7.7 | 10.5 | 1.4 | −1.3% |