Everest Group, listed on the NYSE as EG, will be going ex-dividend on March 13, 2024. Shareholders who hold EG shares as of the end of trading on March 8, 2024, will qualify for the quarterly dividend of $1.75 per share. The dividend will be distributed on March 27, 2024, giving investors the option to reinvest or use the funds as they see fit.
With an annual dividend of $7.00 per share, Everest Group boasts a dividend yield of 1.9% and a P/E ratio of 6.16. The next dividend payment is just 26 days away, with the ex-dividend date set for 9 days from now at 175c per share. Everest Group has a consistent track record of dividend payments and has raised its dividends for the past three years.
For real-time updates on Everest Group’s stock performance, investors can monitor platforms like Benzinga to stay informed about the company’s progress.
EG Stock Shows Positive Momentum on March 13, 2024: Trading Above 200-Day Moving Average
On March 13, 2024, EG stock showed positive momentum as it traded in the middle of its 52-week range and above its 200-day simple moving average. This indicates that the stock has been performing relatively well compared to its historical prices and is showing signs of stability.
The price of EG shares increased by $2.23 since the market last closed, representing a 0.58% rise. The stock opened at $385.00, which was $1.43 higher than its previous close. This opening price suggests that there was strong demand for EG stock at the beginning of the trading day.
Overall, EG stock showed positive price momentum on March 13, 2024. Investors may have been optimistic about the company’s performance and future prospects, leading to an increase in the stock price.
EG Stock Analysis: Strong Revenue and Net Income Growth in 2024, EPS Shows Positive Trends
On March 13, 2024, EG stock had a mixed performance based on the latest financial data released by the company. The total revenue for the company stood at $14.59 billion for the past year, showing a 20.95% increase compared to the previous year. However, there was a decrease of 8.32% in total revenue when compared to the last quarter, which was reported at $3.66 billion.
In terms of net income, EG reported a net income of $2.49 billion for the past year, which represented a significant increase of 322.41% compared to the previous year. However, the net income remained flat since the last quarter, with a reported figure of $795.00 million.
The earnings per share (EPS) for EG stock also showed positive growth trends. The EPS for the past year was reported at $60.24, reflecting a 298.89% increase compared to the previous year. The EPS for the last quarter was $18.53, which represented an 18.44% increase compared to the previous quarter.
Overall, the financial performance of EG stock on March 13, 2024, showed strong growth in total revenue and net income compared to the previous year. However, there was a slight decrease in total revenue and a flat net income compared to the last quarter. The positive growth in EPS indicates that the company is still performing well and delivering value to its shareholders. Investors may want to closely monitor future financial reports and market trends to make informed decisions regarding EG stock.
