Everest Group declares $2.00 per share dividend

Published 05/11/2025, 22:38
Everest Group declares $2.00 per share dividend

HAMILTON, Bermuda - Everest Group, Ltd. (NYSE:EG) announced Wednesday that its Board of Directors has declared a dividend of $2.00 per common share. The dividend will be payable on or before December 12, 2025, to shareholders of record as of November 26, 2025.

Everest Group is a global underwriting company that provides property, casualty, and specialty reinsurance and insurance solutions. The company has been operating for 50 years and is currently a component of the S&P 500 index.

The announcement comes as part of the company's regular dividend distribution schedule. No changes to dividend policy were indicated in the company's statement.

Everest Group made the announcement via a press release but did not provide additional details regarding the company's financial performance or outlook.

In other recent news, Everest Group reported its third-quarter 2025 earnings, which significantly missed analysts' forecasts. The company posted earnings per share of $7.54, falling short of the expected $14.31, and revenue of $4.32 billion, below the anticipated $4.45 billion. Following these results, Raymond James lowered its price target for Everest Group to $350.00 from $375.00, maintaining an Outperform rating due to a cautious growth outlook as the company repositions its operations. Similarly, Keefe, Bruyette & Woods reduced their price target to $400.00 from $424.00, while also maintaining an Outperform rating. In contrast, Wolfe Research upgraded Everest Group's stock rating from Underperform to Peerperform after the company's reserving actions and a notable share price decline. These developments reflect the company's ongoing efforts to stabilize its financial position amid challenging market conditions.

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