Monitor upcoming quarterly earnings for free cash flow trends and Adjusted EBITDA levels, which determine the monthly repurchase capacity under the credit agreement. The $50M buyback authorization is discretionary and non-binding.
Price Chart
Executive Summary
EverQuote amended its credit facility with Western Alliance Bank to permit up to $75 million in stock repurchases and up to $15 million in investments, and separately announced a $50 million share repurchase authorization. The credit amendments and buyback signal management's confidence in free cash flow generation, but no financial results or guidance were provided in this filing.
Key Financial Metrics
Key Facts
- Second Amendment to Credit Agreement permits stock repurchases up to $75 million aggregate, subject to trailing 3-month Consolidated Adjusted EBITDA monthly cap.
- Second Amendment permits investments up to $15 million per fiscal year in non-Group Member/Loan Party entities.
- Board authorized a separate $50 million share repurchase program with no expiration date.
- Monthly repurchases plus investments capped at trailing 3-month Consolidated Adjusted EBITDA.
- No financial results, guidance, or earnings data were disclosed in this filing.
Financial Impact
Up to $75 million in aggregate stock repurchases permitted under credit agreement; $50 million board-authorized repurchase program announced; $15 million annual investment capacity added.
Risk Factors
- Repurchases are subject to market conditions, stock price, and credit agreement restrictions — no obligation to execute.
- Monthly repurchase capacity is tied to trailing 3-month Consolidated Adjusted EBITDA, which could be volatile.
- No expiration date on the buyback program allows indefinite suspension without penalty.
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-427815 |
| Document: ever-ex10_1.htm | 0001193125-26-427815 |
| Document: ever-20261021.htm | 0001193125-26-427815 |
| Document: ever-ex99_1.htm | 0001193125-26-427815 |
| Document: 0001193125-26-427815-index-headers.html | 0001193125-26-427815 |
| Document: 0001193125-26-427815-index.html | 0001193125-26-427815 |
| Document: 0001193125-26-427815.txt | 0001193125-26-427815 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $22.19 | awaiting T+5 | — | $21.47 (−3.24%) |
Oct 21, 2026 6d ago | 8-K | $23.59 | awaiting T+5 | — | $21.47 (−8.99%) |
Oct 21, 2026 6d ago | Press Release | $23.59 | awaiting T+5 | — | $21.47 (−8.99%) |
Oct 13, 2026 14d ago | Press Release | $20.61 | awaiting T+5 | — | $21.47 (+4.17%) |
Oct 9, 2026 18d ago | 144 | $20.11 $22.20 | ▲ +10.39% | ▲ +11.89% | $21.47 (+6.76%) |
Oct 9, 2026 18d ago | 144 | $20.11 $22.20 | ▲ +10.39% | ▲ +11.89% | $21.47 (+6.76%) |
Oct 8, 2026 19d ago | 144 | $19.80 $21.79 | ▲ +10.05% | ▲ +12.02% | $21.47 (+8.43%) |
Oct 7, 2026 20d ago | SC 13G | $19.39 $20.61 | ▲ +6.29% | ▲ +7.27% | $21.47 (+10.73%) |
Oct 6, 2026 21d ago | 144 | $19.39 $20.61 | ▲ +6.29% | ▲ +7.27% | $21.47 (+10.73%) |
Oct 6, 2026 21d ago | 144 | $19.39 $20.61 | ▲ +6.29% | ▲ +7.27% | $21.47 (+10.73%) |
US Market Status
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