
EG Stock Forecast & Price Target
EG Analyst Ratings
Bulls say
Everest Group Ltd demonstrates a positive outlook due to anticipated improvements in core loss ratios for underwriters in the property and casualty (P&C) insurance sector, projected to enhance profitability by 2025, despite current slowing rate increases. Additionally, there are key upside risks associated with potential reaccelerating reinsurance property rate increases and faster-than-expected growth in casualty rates, which could bolster premium growth. Lastly, management's proactive strategies to address short-term expense ratio pressures are expected to lead to sufficient underwriting profits in the Insurance segment, paving the way for sustainable premium growth.
Bears say
Everest Group Ltd has shown consistent underperformance compared to the equal-weighted S&P 500 across multiple timeframes, reflecting disappointing results and a decline in investor confidence within the property and casualty sector. The company faces significant risks, notably the potential for escalating social inflation, which could make reserves insufficient, alongside the threat of substantial catastrophe losses that may adversely impact book value. These financial pressures suggest a challenging outlook, with a notable sensitivity in earnings per share estimates leading to significant fluctuations in the overall valuation.
This aggregate rating is based on analysts' research of Everest Group Ltd and is not a guaranteed prediction by Public.com or investment advice.
EG Analyst Forecast & Price Prediction
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