Employers (EIG) to Release Quarterly Earnings on Thursday

Employers (NYSE:EIG - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.69 per share and revenue of $216.81 million for the quarter.

Employers (NYSE:EIG - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.08 by $0.07. The company had revenue of $216.60 million during the quarter, compared to analyst estimates of $221.18 million. Employers had a return on equity of 8.99% and a net margin of 13.47%. On average, analysts expect Employers to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Employers Trading Up 1.2 %

NYSE:EIG traded up $0.56 on Tuesday, hitting $49.24. 129,519 shares of the stock were exchanged, compared to its average volume of 135,357. The stock has a market cap of $1.19 billion, a PE ratio of 10.45 and a beta of 0.29. The stock has a fifty day moving average of $49.29 and a 200-day moving average of $50.08. Employers has a fifty-two week low of $40.57 and a fifty-two week high of $54.44.

Employers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.44%. Employers's dividend payout ratio (DPR) is currently 25.48%.

Insider Activity

In other news, Director James R. Kroner sold 1,000 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $52.00, for a total value of $52,000.00. Following the completion of the sale, the director now owns 22,458 shares in the company, valued at approximately $1,167,816. This trade represents a 4.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ann Marie Smith sold 1,385 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $51.24, for a total value of $70,967.40. Following the completion of the sale, the insider now owns 8,801 shares of the company's stock, valued at approximately $450,963.24. This trade represents a 13.60 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,385 shares of company stock worth $276,267. 1.50% of the stock is currently owned by corporate insiders.

Employers Company Profile

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers' compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.