Everest Group Stock Lags Industry YTD: Should You Hold or Fold?
EGEverest (EG) ZACKS·2024-09-20 23:56

Shares of Everest Group, Ltd. (EG) have gained 9.9% year to date, underperforming the industry's growth of 16.8% and the Zacks S&P 500 composite's return of 17.8%. Image Source: Zacks Investment Research Closing at $388.30 in the last trading session, the stock stands below its 52-week high of $417.92. The expected long-term earnings growth rate is pegged at 2.3%, lower than the industry average of 12.4%. The insurer has been experiencing an increase in expenses due to higher incurred losses and loss adjust ...