EverQuote (NASDAQ:EVER), an online insurance comparison site, reported third-quarter revenue of $218.1 million, up 25.4% year on year and 7.6% above analysts' consensus estimates of $202.6 million. Adjusted EBITDA reached $35.45 million, a 16.3% margin. GAAP earnings were $0.49 per share, in line with expectations. For the fourth quarter, the company expects revenue of $218 million at the midpoint, above the consensus of $212.5 million. It guided EBITDA of $30.5 million. Free cash flow was $38.65 million, a 17.7% margin. Shares rose 5.3% to $25.55 after the results, giving EverQuote a market capitalisation of $828.5 million. "We are generating record results across our key financial metrics," said chief executive officer Jayme Mendal.

EverQuote announces Third Quarter 2026 financial results. November 02, 2026 16:05 ET | Source: EverQuote, Inc. * Grows revenue 25% year-over-year to $218.1 million * Delivers net income of $18.2 million and grows Adjusted EBITDA 41% year-over-year * Exceeds Q3 guidance and delivers record results on all key metrics * Issues strong Q4 outlook indicating ongoing positive momentum and demand CAMBRIDGE, Mass., Nov. 02, 2026 (GLOBE NEWSWIRE) - EverQuote, Inc. (Nasdaq: EVER), a leading provider of growth solutions for property and casualty, or P&C, insurance providers, today announced financial results for the third quarter ended September 30, 2026. "We are generating record results across our key financial metrics as we successfully grow and deepen our relationships with our carrier and agent customers," said Jayme Mendal, Chief Executive Officer of EverQuote. "Carriers continue to maintain strong underwriting profitability and an appetite for growth, and our team is executing seamlessly to meet this demand. As we build on our strong foundation to accelerate new product innovation and development, we believe EverQuote is uniquely positioned to help steward P&C insurance into the agentic AI era." Third Quarter 2026 Highlights: (Unless otherwise noted, all comparisons are relative to the third quarter of 2025). * Total revenue grew 25% to $218.1 million, compared to $173.9 million. * Revenue from the Company's automotive insurance vertical was $190.4 million and revenue from the home and renters insurance vertical was $27.7 million, marking growth of 21% and 70%, respectively. * Variable Marketing Dollars was $62.6 million, compared to $50.1 million. * GAAP net income was $18.2 million, compared to $18.9 million, which reflects higher income taxes and the impact of a one-time item in the quarter. * Adjusted EBITDA grew 41% to $35.5 million, compared to $25.1 million. * Operating cash flow was $40.5 million, compared to $19.8 million. * The Company ended the third quarter of 2026 with $229.1 million in cash and cash equivalents and no outstanding debt. The Company also recently announced that its Board of Directors approved a $50 million share repurchase program. "We reported a record third quarter, delivering revenue growth of 25% year-over-year, highlighting the strength of our market position as a trusted growth partner for our customers," said Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote. "We are focused on accelerating product innovation and unlocking new possibilities to capitalize on the opportunities ahead. Our continued strong growth and execution are enabling us to invest in AI initiatives, while simultaneously generating strong cash flow, maintaining a fortress balance sheet and returning capital to shareholders." Fourth Quarter 2026 Outlook: * Revenue of $213.0 - $223.0 million. * Variable Marketing Dollars of $57.0 - $60.0 million. * Adjusted EBITDA of $29.0 - $32.0 million. Adjusted EBITDA is a non-GAAP financial measure. Please see "Non-GAAP Financial Measures" below for more information. With respect to the Company's expectations under "Fourth Quarter 2026 Outlook" above, the Company has not reconciled Adjusted EBITDA to the most directly comparable GAAP measure, net income (loss), in this press release because the Company does not provide guidance on a consistent basis for stock-based compensation expense, depreciation and amortization expense, interest income, income taxes and other items the Company believes are non-recurring or not indicative of its core operating performance, because the Company is unable to quantify these amounts without unreasonable efforts, which would be required to reconcile Adjusted EBITDA to GAAP net income (loss). In addition, the Company believes such a reconciliation would imply a degree of precision that could be confusing or misleading to investors. Conference Call and Webcast Information EverQuote will host a conference call and live webcast to discuss its third quarter 2026 financial results and other matters at 4:30 p.m. Eastern Time today, November 2, 2026 and supporting slides will be available at https://investors.everquote.com. To access the conference call, dial Toll Free: +1 (833) 461-5787 for the US, or +1 (585) 542-9983 for international callers, and provide conference ID 867228452. The live webcast and replay will be available on the Investors section of the Company's website at https://investors.everquote.com. Safe Harbor Statement This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements regarding our future results of operations, financial position, liquidity and capital resources; our business strategy and plans, including our development, deployment and monetization of new and enhanced products and services; our growth plans and innovation strategies; our expectations regarding increased investments to drive our artificial intelligence, or AI, capabilities, including the costs associated therewith, the potential impact of such investments on our financial statements and results of operations, including operating income, variable marketing dollars, variable marketing margins and Adjusted EBITDA, and the anticipated benefits of such investments; trends in consumer traffic and demand for our products and services; our relationships with, and expected spending by, carriers and agents, including future carrier demand and growth; objectives of management for future operations; and our capital allocation priorities, are forward-looking statements. These statements involve known and unknown risks, uncertainties, and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "aim," "may," "should," "expects," "might," "plans," "anticipates," "could," "intends," "goals," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "seek," "will," "would" or "continues," or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, liquidity and results of operations. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. These forward-looking statements speak only as of the date of this press release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from our forward-looking statements include, without limitation, the following: our dependence on revenue from the property and casualty, or P&C, insurance industries, and specifically automotive insurance, and exposure to risks related to those industries; our dependence on our relationships with insurance provider customers with no long-term minimum financial commitments and furthermore, our reliance on a small number of insurance provider customers for a significant portion of our revenue; adverse conditions in the insurance markets, as well as the general economy; our dependence on third-party media sources for a significant portion of visitors to our websites and marketplace; our ability to attract consumers to our websites and marketplace; our ability to market to consumers or collect, share and use data derived from consumer activities; risks related to AI, including our expected increased use of and investment in AI capabilities, and the costs associated therewith; risks related to cybersecurity incidents or other network disruptions; our ability to develop new and enhanced products and services and to successfully monetize them; the impact of competition in our industry and innovation by our competitors; our ability to stay abreast of and comply with new or modified laws and regulations that currently apply or become applicable to our business, including with respect to the insurance industry, telemarketing restrictions and data privacy requirements; and our ability to protect our intellectual property rights and maintain and build our brand. A further list and description of risks, uncertainties and assumptions that could cause or contribute to differences in our future results include the cautionary statements described in Part I, Item 1A. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025 and in our subsequent periodic filings with the Securities and Exchange Commission. We qualify all of our forward-looking statements by these cautionary statements. About EverQuote EverQuote (Nasdaq: EVER) is a leading AI-powered growth solutions partner for regulated property and casualty insurance entities, enabling the largest insurance carriers and thousands of agents to maximize customer acquisition across digital channels. Fueled by our proprietary data assets and our AI traffic engine, EverQuote is transforming the way providers attract and engage consumers to grow market share. To learn more visit investors.everquote.com. Investor Relations Contact Sara Buda EverQuote [email protected] | EVERQUOTE, INC. STATEMENTS OF OPERATIONS | | / | Three Months Ended September 30, | / | / | Nine Months Ended September 30, | / | | / | 2026 | / | / | 2025 | / | / | 2026 | / | / | 2025 | / | | / | (in thousands except per share) | / | | Revenue | $ | 218,077 | / | / | $ | 173,940 | / | / | $ | 604,015 | / | / | $ | 497,201 | / | | Cost and operating expenses(1): | / | / | / | / | / | / | / | / | / | / | / | | Cost of revenue | / | 4,632 | / | / | / | 4,712 | / | / | / | 13,256 | / | / | / | 14,934 | / | | Sales and marketing | / | 164,951 | / | / | / | 135,362 | / | / | / | 457,976 | / | / | / | 385,847 | / | | Research and development | / | 9,027 | / | / | / | 7,944 | / | / | / | 27,004 | / | / | / | 23,201 | / | | General and administrative | / | 15,533 | / | / | / | 8,382 | / | / | / | 34,944 | / | / | / | 25,282 | / | | Legal settlement | / | - | / | / | / | - | / | / | / | - | / | / | / | 8,232 | / | | Total cost and operating expenses | / | 194,143 | / | / | / | 156,400 | / | / | / | 533,180 | / | / | / | 457,496 | / | | Income from operations | / | 23,934 | / | / | / | 17,540 | / | / | / | 70,835 | / | / | / | 39,705 | / | | Other income (expense): | / | / | / | / | / | / | / | / | / | / | / | | Interest income | / | 1,224 | / | / | / | 992 | / | / | / | 3,235 | / | / | / | 2,618 | / | | Other income (expense), net | / | (41 |) | / | / | (12 |) | / | / | (79 |) | / | / | (65 |) | | Total other income, net | / | 1,183 | / | / | / | 980 | / | / | / | 3,156 | / | / | / | 2,553 | / | | Income before income taxes | / | 25,117 | / | / | / | 18,520 | / | / | / | 73,991 | / | / | / | 42,258 | / | | Income tax benefit (expense) | / | (6,965 |) | / | / | 345 | / | / | / | (17,980 |) | / | / | (702 |) | | Net income | $ | 18,152 | / | / | $ | 18,865 | / | / | $ | 56,011 | / | / | $ | 41,556 | / | | Net income per share: | / | / | / | / | / | / | / | / | / | / | / | | Basic | $ | 0.51 | / | / | $ | 0.52 | / | / | $ | 1.58 | / | / | $ | 1.15 | / | | Diluted | $ | 0.49 | / | / | $ | 0.50 | / | / | $ | 1.53 | / | / | $ | 1.10 | / | | Weighted average common shares outstanding, basic and diluted: | / | / | / | / | / | / | / | / | / | / | / | | Basic | / | 35,379 | / | / | / | 36,218 | / | / | / | 35,499 | / | / | / | 36,143 | / | | Diluted | / | 36,928 | / | / | / | 37,731 | / | / | / | 36,676 | / | / | / | 37,804 | / | | (1) Amounts include stock-based compensation expense, as follows: | / | / | / | / | | / | Three Months Ended September 30, | / | / | Nine Months Ended September 30, | / | | / | 2026 | / | / | 2025 | / | / | 2026 | / | / | 2025 | / | | / | (in thousands) | / | | Cost of revenue | $ | 34 | / | / | $ | 39 | / | / | $ | 97 | / | / | $ | 87 | / | | Sales and marketing | / | 984 | / | / | / | 2,289 | / | / | / | 3,328 | / | / | / | 5,860 | / | | Research and development | / | 1,887 | / | / | / | 1,778 | / | / | / | 5,032 | / | / | / | 4,706 | / | | General and administrative | / | 3,665 | / | / | / | 2,622 | / | / | / | 8,926 | / | / | / | 8,055 | / | | / | $ | 6,570 | / | / | $ | 6,728 | / | / | $ | 17,383 | / | / | $ | 18,708 | / | | EVERQUOTE, INC. BALANCE SHEET DATA | | / | September 30, | / | / | December 31, | / | | / | 2026 | / | / | 2025 | / | | / | (in thousands) | / | | Cash and cash equivalents | $ | 229,070 | / | / | $ | 171,379 | / | | Working capital | / | 221,328 | / | / | / | 169,067 | / | | Total assets | / | 378,677 | / | / | / | 326,913 | / | | Total liabilities | / | 97,815 | / | / | / | 88,873 | / | | Total stockholders' equity | / | 280,862 | / | / | / | 238,040 | / | | EVERQUOTE, INC. STATEMENTS OF CASH FLOWS | | / | Three Months Ended September 30, | / | / | Nine Months Ended September 30, | / | | / | 2026 | / | / | 2025 | / | / | 2026 | / | / | 2025 | / | | / | (in thousands) | / | | Cash flows from operating activities: | / | / | / | / | / | / | / | / | / | / | / | | Net income | $ | 18,152 | / | / | $ | 18,865 | / | / | $ | 56,011 | / | / | $ | 41,556 | / | | Adjustments to reconcile net income to net cash provided by operating activities: | / | / | / | / | / | / | / | / | / | / | / | | Depreciation and amortization expense | / | 988 | / | / | / | 811 | / | / | / | 2,744 | / | / | / | 2,950 | / | | Stock-based compensation expense | / | 6,570 | / | / | / | 6,728 | / | / | / | 17,383 | / | / | / | 18,708 | / | | Deferred taxes | / | 4,931 | / | / | / | - | / | / | / | 12,949 | / | / | / | - | / | | Provision for bad debt | / | - | / | / | / | 10 | / | / | / | - | / | / | / | 10 | / | | Unrealized foreign currency transaction (gains) losses | / | 6 | / | / | / | (14 |) | / | / | (31 |) | / | / | 96 | / | | Litigation accrual settled with sale of assets | / | - | / | / | / | - | / | / | / | - | / | / | / | 7,841 | / | | Changes in operating assets and liabilities: | / | / | / | / | / | / | / | / | / | / | / | | Accounts receivable | / | (3,921 |) | / | / | (13,229 |) | / | / | (4,796 |) | / | / | (6,843 |) | | Prepaid expenses and other current assets | / | (225 |) | / | / | (3,693 |) | / | / | 185 | / | / | / | (4,688 |) | | Commissions receivable, current and non-current | / | - | / | / | / | - | / | / | / | - | / | / | / | 1,873 | / | | Operating lease right-of-use assets | / | 312 | / | / | / | 285 | / | / | / | 916 | / | / | / | 833 | / | | Accounts payable | / | 13,388 | / | / | / | 8,955 | / | / | / | 6,808 | / | / | / | 7,937 | / | | Accrued expenses and other current liabilities | / | 617 | / | / | / | 1,599 | / | / | / | 3,026 | / | / | / | (689 |) | | Deferred revenue | / | (15 |) | / | / | (257 |) | / | / | 148 | / | / | / | (376 |) | | Operating lease liabilities | / | (321 |) | / | / | (292 |) | / | / | (939 |) | / | / | (837 |) | | Net cash provided by operating activities | / | 40,482 | / | / | / | 19,768 | / | / | / | 94,404 | / | / | / | 68,371 | / | | Cash flows from investing activities: | / | / | / | / | / | / | / | / | / | / | / | | Acquisition of property and equipment, including costs capitalized for development of internal-use software | / | (1,830 |) | / | / | (1,302 |) | / | / | (4,932 |) | / | / | (3,896 |) | | Purchase of strategic investment | / | (1,250 |) | / | / | - | / | / | / | (1,250 |) | / | / | - | / | | Net cash used in investing activities | / | (3,080 |) | / | / | (1,302 |) | / | / | (6,182 |) | / | / | (3,896 |) | | Cash flows from financing activities: | / | / | / | / | / | / | / | / | / | / | / | | Proceeds from exercise of stock options | / | 525 | / | / | / | 1,059 | / | / | / | 1,510 | / | / | / | 3,394 | / | | Repurchase of common stock | / | - | / | / | / | (21,024 |) | / | / | (29,000 |) | / | / | (21,024 |) | | Tax withholding payments related to net share settlement | / | (1,171 |) | / | / | (918 |) | / | / | (3,038 |) | / | / | (3,197 |) | | Net cash used in financing activities | / | (646 |) | / | / | (20,883 |) | / | / | (30,528 |) | / | / | (20,827 |) | | Effect of exchange rate changes on cash, cash equivalents and restricted cash | / | (4 |) | / | / | (5 |) | / | / | (3 |) | / | / | 2 | / | | Net increase (decrease) in cash, cash equivalents and restricted cash | / | 36,752 | / | / | / | (2,422 |) | / | / | 57,691 | / | / | / | 43,650 | / | | Cash, cash equivalents and restricted cash at beginning of period | / | 192,318 | / | / | / | 148,188 | / | / | / | 171,379 | / | / | / | 102,116 | / | | Cash, cash equivalents and restricted cash at end of period | $ | 229,070 | / | / | $ | 145,766 | / | / | $ | 229,070 | / | / | $ | 145,766 | / | | EVERQUOTE, INC. FINANCIAL AND OPERATING METRICS | Revenue by vertical: | / | Three Months Ended September 30, | / | / | Change | / | | / | 2026 | / | / | 2025 | / | / | % | / | | / | (in thousands) | / | / | / | / | | Automotive | $ | 190,389 | / | / | $ | 157,641 | / | / | / | 20.8 | % | | Home and renters | / | 27,688 | / | / | / | 16,290 | / | / | / | 70.0 | % | | Other | / | - | / | / | / | 9 | / | / | / | -100.0 | % | | Total revenue | $ | 218,077 | / | / | $ | 173,940 | / | / | / | 25.4 | % | | / | Nine Months Ended September 30, | / | / | Change | / | | / | 2026 | / | / | 2025 | / | / | % | / | | / | (in thousands) | / | / | / | / | | Automotive | $ | 534,826 | / | / | $ | 449,940 | / | / | / | 18.9 | % | | Home and renters | / | 69,189 | / | / | / | 47,228 | / | / | / | 46.5 | % | | Other | / | - | / | / | / | 33 | / | / | / | -100.0 | % | | Total revenue | $ | 604,015 | / | / | $ | 497,201 | / | / | / | 21.5 | % | Other financial and non-financial metrics: | / | Three Months Ended September 30, | / | / | Change | / | | / | 2026 | / | / | 2025 | / | / | % | / | | / | (in thousands) | / | / | / | / | | Income from operations | $ | 23,934 | / | / | $ | 17,540 | / | / | / | 36.5 | % | | Net income | $ | 18,152 | / | / | $ | 18,865 | / | / | / | -3.8 | % | | Variable marketing dollars | $ | 62,633 | / | / | $ | 50,140 | / | / | / | 24.9 | % | | Adjusted EBITDA(1) | $ | 35,451 | / | / | $ | 25,067 | / | / | / | 41.4 | % | | / | Nine Months Ended September 30, | / | / | Change | / | | / | 2026 | / | / | 2025 | / | / | % | / | | / | (in thousands) | / | / | / | / | | Income from operations | $ | 70,835 | / | / | $ | 39,705 | / | / | / | 78.4 | % | | Net income | $ | 56,011 | / | / | $ | 41,556 | / | / | / | 34.8 | % | | Variable marketing dollars | $ | 175,428 | / | / | $ | 142,520 | / | / | / | 23.1 | % | | Adjusted EBITDA(1) | $ | 94,883 | / | / | $ | 69,530 | / | / | / | 36.5 | % | (1) Adjusted EBITDA is a non-GAAP measure. Please see "Non-GAAP Financial Measures" below for more information. Non-GAAP Financial Measures To supplement the Company's financial statements presented in accordance with GAAP and to provide investors with additional information regarding EverQuote's financial results, the Company has presented Adjusted EBITDA as a non-GAAP financial measure. Adjusted EBITDA is not based on any standardized methodology prescribed by GAAP and is not necessarily comparable to similarly titled measures presented by other companies. The Company defines Adjusted EBITDA as net income (loss), excluding the impact of stock-based compensation expense; depreciation and amortization expense; interest income; income taxes; and other items that we believe are non-recurring or not indicative of our core operating performance. The most directly comparable GAAP financial measure is net income (loss). The Company monitors and presents Adjusted EBITDA because it is a key measure used by management and the board of directors to understand and evaluate operating performance, to establish budgets and to develop operational goals for managing EverQuote's business. In particular, the Company believes that excluding the impact of these items in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of EverQuote's core operating performance. The Company uses Adjusted EBITDA to evaluate EverQuote's operating performance and trends and make planning decisions. The Company believes that this non-GAAP financial measure helps identify underlying trends in EverQuote's business that could otherwise be masked by the effect of the items that the Company excludes in the calculations of Adjusted EBITDA. Accordingly, the Company believes that this financial measure provides useful information to investors and others in understanding and evaluating EverQuote's operating results, enhancing the overall understanding of the Company's past performance and future prospects. Adjusted EBITDA is not prepared in accordance with GAAP and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with GAAP. Adjusted EBITDA should be considered together with other operating and financial performance measures presented in accordance with GAAP. There are a number of limitations related to the use of Adjusted EBITDA rather than net income (loss). In addition, other companies may use other measures to evaluate their performance, which may reduce the usefulness of the Company's non-GAAP financial measures as tools for comparison. The following table reconciles Adjusted EBITDA to net income (loss), the most directly comparable financial measure calculated and presented in accordance with GAAP: | EVERQUOTE, INC. RECONCILIATION OF NON-GAAP MEASURES TO GAAP | | / | Three Months Ended September 30, | / | / | Nine Months Ended September 30, | / | | / | 2026 | / | / | 2025 | / | / | 2026 | / | / | 2025 | / | | / | (in thousands) | / | | Net income | $ | 18,152 | / | / | $ | 18,865 | / | / | $ | 56,011 | / | / | $ | 41,556 | / | | Stock-based compensation | / | 6,570 | / | / | / | 6,728 | / | / | / | 17,383 | / | / | / | 18,708 | / | | Depreciation and amortization | / | 988 | / | / | / | 811 | / | / | / | 2,744 | / | / | / | 2,950 | / | | Interest income | / | (1,224 |) | / | / | (992 |) | / | / | (3,235 |) | / | / | (2,618 |) | | Income taxes | / | 6,965 | / | / | / | (345 |) | / | / | 17,980 | / | / | / | 702 | / | | Other: | / | / | / | / | / | / | / | / | / | / | / | | Vendor contract termination(1) | / | 4,000 | / | / | / | - | / | / | / | 4,000 | / | / | / | - | / | | Legal settlement(2) | / | - | / | / | / | - | / | / | / | - | / | / | / | 8,232 | / | | Adjusted EBITDA | $ | 35,451 | / | / | $ | 25,067 | / | / | $ | 94,883 | / | / | $ | 69,530 | / | (1) During the three and nine months ended September 30, 2026, we terminated a multi-year vendor contract for advertising services with a $15.5 million remaining commitment in exchange for a payment of $4.0 million. (2) During the nine months ended September 30, 2025, we recorded legal settlement costs related to the settlement of our litigation with the former owners of certain entities acquired in 2021.

EverQuote (NASDAQ:EVER) CTO Sells $29,037.59 in Stock. August 27, 2026 Key points. * EverQuote CTO David Brainard sold 1,097 shares at an average price of $26.47, generating $29,037.59. He retained 163,030 shares after the transaction, and had also sold 4,960 shares in July. * EverQuote shares fell 4.8% to $24.82, though the company recently beat quarterly expectations with $0.53 in earnings per share and $195.09 million in revenue, up 24.6% year over year. * Analyst sentiment remains positive overall, with a consensus "Moderate Buy" rating and an average price target of $28.17; institutional investors own 91.54% of the stock. * Interested in EverQuote? Here are five stocks we like better. EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CTO David Brainard sold 1,097 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $26.47, for a total transaction of $29,037.59. Following the sale, the chief technology officer owned 163,030 shares of the company's stock, valued at approximately $4,315,404.10. This represents a 0.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. David Brainard also recently made the following trade(s): * On Monday, July 6th, David Brainard sold 4,960 shares of EverQuote stock. The shares were sold at an average price of $25.51, for a total transaction of $126,529.60. EverQuote stock down 4.8%. Shares of EVER stock traded down $1.26 during mid-day trading on Thursday, reaching $24.82. The company's stock had a trading volume of 702,475 shares, compared to its average volume of 844,272. The firm has a market capitalization of $894.26 million, a PE ratio of 8.06 and a beta of 0.62. The company's 50 day simple moving average is $24.64 and its 200-day simple moving average is $19.71. EverQuote, Inc. has a 12-month low of $13.88 and a 12-month high of $28.73. EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. EverQuote had a net margin of 15.16% and a return on equity of 50.29%. The firm had revenue of $195.09 million during the quarter, compared to analysts' expectations of $191.06 million. During the same period in the prior year, the company earned $0.39 EPS. The firm's revenue was up 24.6% on a year-over-year basis. As a group, research analysts anticipate that EverQuote, Inc. will post 1.72 EPS for the current fiscal year. Institutional inflows and outflows. A number of large investors have recently added to or reduced their stakes in the stock. Comerica Bank increased its position in shares of EverQuote by 235.4% in the 3rd quarter. Comerica Bank now owns 1,100 shares of the company's stock worth $25,000 after purchasing an additional 772 shares during the last quarter. Signature Equity Partners LLC grew its stake in EverQuote by 65.5% in the first quarter. Signature Equity Partners LLC now owns 2,127 shares of the company's stock worth $33,000 after purchasing an additional 842 shares in the last quarter. NewEdge Advisors LLC bought a new stake in EverQuote in the third quarter valued at about $52,000. Clearstead Advisors LLC raised its stake in EverQuote by 70.5% during the fourth quarter. Clearstead Advisors LLC now owns 1,997 shares of the company's stock valued at $54,000 after buying an additional 826 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in EverQuote by 271.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company's stock worth $79,000 after buying an additional 2,381 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors. Analyst ratings changes. A number of research analysts have recently commented on EVER shares. Zacks Research cut shares of EverQuote from a "hold" rating to a "strong sell" rating in a research report on Friday, August 7th. B. Riley Financial reiterated a "buy" rating and issued a $34.00 price objective (up from $30.00) on shares of EverQuote in a report on Tuesday, August 4th. Needham & Company LLC upped their price objective on shares of EverQuote from $25.00 to $30.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Raymond James Financial reiterated an "outperform" rating and issued a $28.00 price target on shares of EverQuote in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. started coverage on EverQuote in a report on Monday. They issued an "overweight" rating and a $29.00 price target for the company. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, EverQuote currently has a consensus rating of "Moderate Buy" and an average price target of $28.17. Discover more AI Infrastructure Stocks Taking Economics Courses EverQuote company profile. EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes. The company's core business centers on a quote-comparison engine for personal auto, home, and health insurance products. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider EverQuote, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EverQuote wasn't on the list. While EverQuote currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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