How to Buy Everest Group Stock
Everest Group Ltd
Everest Group is a reinsurance insurance company located in Bermuda, which is part of the Financial Services sector, and is traded under the ticker EG on the NYSE exchange.
Everest Group stock last closed at $365.76, up 0.01% from the previous day, and has decreased 1.15% in one year. It has underperformed other stocks in the Insurance - Reinsurance industry by 0.1 percentage points. Everest Group stock is currently +10.47% from its 52-week low of $331.08, and -12.48% from its 52-week high of $417.92.
At the moment, there are 43.38M shares of EG outstanding. The market value of EG is $15.87B. In the last 24 hours, 330,771 EG shares were traded.
How to Buy Everest Group Stock
Wondering how to invest in Everest Group stock? Here's how.
- Choose where to buy Everest Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Everest Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your info.
- Research Everest Group stock: The Everest Group ticker symbol is EG. Is Everest Group stock a good investment? Should you buy shares of EG? How do EG's underlying business fundamentals look? Do top analysts think Everest Group is a good buy? Why has EG's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if EG is a good stock to buy).
- Make your EG buy order: Decide if you will purchase EG shares at the current market price or use a limit order to purchase EG shares at a given price.
- Watch your EG investment: Create a watchlist to important updates regarding your position in Everest Group stock.
Step 1: Choose where to buy Everest Group stock
You need a brokerage account to access the NYSE market and buy EG shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Technology to Real Estate, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in EG stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on app for stock market, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of transferring funds into your new investment account.
Step 4: Research Everest Group stock
After you have chosen the best place to buy Everest Group stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Everest Group Metrics
Everest Group Zen Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on EG's stock page.
Is EG stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge EG's fair value.
Using relative valuations methods:
- EG could be undervalued based on its P/E ratio of 6.08x, relative to Insurance - Reinsurance industry P/E ratio of 7.31x
- EG could be overvalued based on its P/B ratio of 1.2x, relative to Insurance - Reinsurance industry P/B ratio of 1.16x
You can do more valuation research on EG's stock here.
EG Financial Health Overview
Passed Financial Due Diligence Checks:
- EG profit margin has gone up from 5% to 17.3% in the past year.
- EG earnings of $2.29B is not sufficient to cover its interest payments.
- EG's operating cash flow of $4.55B allows it to safely service it's debt of $3.39B.
Failed Financial Due Diligence Checks:
- Total EG debt is higher than 5 years ago, relative to shareholder equity.
- EG has a relatively high debt to equity ratio of 2.74.
Is it a good time to buy EG stock, according to analysts?
Out of 5 Wall Street analysts who research EG, the consensus analyst rating on EG is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent EG Analyst Upgrades/Downgrades
Gregory Peters, a top 4% analyst from Raymond James maintains EG with a strong buy rating and raises their EG price target from $455.00 to $460.00, on Nov 20, 2023.
Raymond James's Gregory Peters raised their price target on Everest Group (NYSE: EG) by 1.1% from $455 to $460 on 2023/11/20. The analyst maintained their Strong Buy rating on the stock.
In spite of the "challenging reinsurance market," Raymond James takes a bullish view on Everest Group's ability to continue to deliver" P&C (Property and Casualty) industry-leading operating ROBEs" through FY 2024 and probably beyond, Peters told investors.
You can dive deeper into what analysts are forecasting on the Everest Group stock forecast page.
Metrics for Advanced EG Traders
EG Growth Metrics
Last year, EG earnings were $2.52B. In the last 5 year, EG's earnings have grown by 94.18% per year. This was faster than the Insurance - Reinsurance industry average of 44.84%.
Last year, EG revenue was $14.59B. During the last 5 year, EG's revenue has grown by 14.66% per year. This was slower than the Insurance - Reinsurance industry average of 33.16%.
You can analyze EG's earnings and revenue performance here.
Latest Insiders Trades at EG
In the last year, insiders at EG have bought more shares than they have sold.
Meryl D. Hartzband, Director of EG, was the latest EG insider to buy. They bought $30,996.03 worth of EG stock on Apr 1, 2024.
Get more info about who owns EG shares here.
Does EG provide a stable income stream?
Everest Group pays a dividend of 1.89%, compared to the Insurance - Reinsurance industry's average dividend yield of 1.45%. If you owned $1,000 of EG stock, you would have been paid $18.86 in the past year.
Everest Group dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Everest Group dividend yield and history here.
What do other investors have to say about EG?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your EG buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your EG investment
Now that you own some EG shares, you'll want to keep up with your stock purchase.
Make a watchlist to get the latest updates about your EG stock.
EG Feed
How to Buy Stock in Everest Group
To reiterate, here are the 6 steps to buy stock in Everest Group:
- Choose where to buy Everest Group stock
- Open a brokerage account
- Deposit money your investment account
- Research Everest Group stock
- Make your EG buy order
- Watch your EG investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Everest Group, create a watchlist today.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.