Bank of America keeps USD 489.00 target for Everest Group stock

Published on 10/17/2026 at 20:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Everest Group stock stood at USD 389.10 on October 16, 2026 at 4:00 p.m. ET, up 2.03 percent versus the prior close.

Analyst target and earnings date

Bank of America Securities maintained a USD 489.00 target on October 13, 2026.
Everest Group will release third-quarter results on October 28, 2026.
Everest Group stock stood at USD 389.10 on October 16, 2026 at 4:00 p.m. ET, up 2.03 percent versus the prior close of USD 381.35.
Market capitalization was USD 14.9 billion and the price-to-earnings ratio was 8.29.

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Bank of America Securities maintained a Buy rating and a USD 489.00 price target for Everest Group on October 13, 2026, according to The Globe and Mail. That target is 25.67 percent above the USD 389.10 price. Everest Group will release third-quarter results on October 28, 2026, and hold its earnings call on October 29, 2026, according to Business Wire. The stock last stood at USD 389.10 on October 16, 2026 at 4:00 p.m. ET, up 2.03 percent versus the prior close of USD 381.35.

Second-quarter figures missed estimates

Everest Group reported USD 3.96 billion in second-quarter revenue and diluted earnings per share of USD 14.22 for the period ended June 30, 2026. Revenue was below the USD 4.02 billion estimate, while earnings per share trailed the USD 14.55 expectation, according to Investing.com. The comparison gives the October reporting date added importance because investors will receive a new quarterly view within days.

Price remains below the yearly high

The October 16 closing range ran from USD 302.44 to USD 401.07 over the previous 52 weeks. At USD 389.10, Everest Group was 2.99 percent below the high and 28.65 percent above the low. Trading volume was 299,389 shares, versus an average of 361,281 shares.

Valuation and October results

Everest Group had a market capitalization of USD 14.9 billion, a price-to-earnings ratio of 8.29 and a dividend yield of 2.06 percent as of October 16, 2026. The company is listed on the New York Stock Exchange and is a component of the S&P 500. The October 28 release is scheduled after the NYSE close, with the conference call set for October 29 at 8:00 a.m. ET.

Comparison with peers

Everest Group (NYSE, USD): plus 2.03 percent, P/E 8.29, market capitalization USD 14.9 billion.

Chubb (NYSE, USD): plus 1.98 percent, P/E 12.67, market capitalization USD 138.8 billion.

RenaissanceRe (NYSE, USD): plus 2.00 percent, P/E 6.00, market capitalization USD 14.6 billion.

Stock stays below its high

Everest Group last stood at USD 389.10 on October 16, 2026 at 4:00 p.m. ET, up 2.03 percent versus the prior close of USD 381.35. Its position 2.99 percent below the 52-week high leaves the October 28 results as the next scheduled company date.