NYSE:EIG Employers (EIG) Stock Forecast, Price & News $39.95 -0.94 (-2.30%) (As of 09/29/2023 08:52 PM ET) Add Compare Share Share Today's Range$39.88▼$41.0450-Day Range$37.22▼$41.1352-Week Range$32.58▼$46.73Volume132,300 shsAverage Volume134,575 shsMarket Capitalization$1.04 billionP/E Ratio8.72Dividend Yield2.80%Price Target$51.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Employers MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.9% Upside$51.50 Price TargetShort InterestBearish1.92% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth2.39%From $3.35 to $3.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.47 out of 5 starsFinance Sector393rd out of 865 stocksFire, Marine, & Casualty Insurance Industry18th out of 48 stocks 3.5 Analyst's Opinion Consensus RatingEmployers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.50, Employers has a forecasted upside of 28.9% from its current price of $39.95.Amount of Analyst CoverageEmployers has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.92% of the float of Employers has been sold short.Short Interest Ratio / Days to CoverEmployers has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Employers has recently increased by 39.36%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEmployers pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmployers has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Employers is 24.45%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Employers will have a dividend payout ratio of 32.65% next year. This indicates that Employers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EIG. Previous Next 1.8 News and Social Media Coverage News SentimentEmployers has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Employers this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Employers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Employers is held by insiders.Percentage Held by Institutions78.57% of the stock of Employers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Employers are expected to grow by 2.39% in the coming year, from $3.35 to $3.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Employers is 8.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Employers is 8.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.40.Price to Book Value per Share RatioEmployers has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Employers (NYSE:EIG) StockEmployers 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. The company markets its products through local, regional, and national agents and brokers; alternative distribution channels; and national, regional, and local trade groups and associations, as well as directly to customers. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.Read More EIG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EIG Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comEmployers (NYSE:EIG) Stock Rating Lowered by StockNews.comSeptember 28, 2023 | reuters.comSaudi Aramco to buy stake in EIG's MidOcean Energy to tap into LNGOctober 2, 2023 | Behind the Markets (Ad)3 Words and a 3,000% ReturnIn October 2013, a scientist wrote 3 words on a piece of paper. They were simple words. A fiveyear-old could say them. But these three words could deliver you a 3,000% return in 2023 >>>September 25, 2023 | americanbankingnews.comHead to Head Survey: Fidelity National Financial (NYSE:FNF) and Employers (NYSE:EIG)September 13, 2023 | finance.yahoo.comShould You Buy Employers Holdings (EIG) for Better Returns Now?September 13, 2023 | chicago.suntimes.comLibraries in Chicago, suburbs receive bomb threatsAugust 28, 2023 | investopedia.comRemote Work is Here to Stay, And Employers Aren’t Happy About ItAugust 25, 2023 | thestreet.comEmployers Stock Hits New 52-Week High (EIG)October 2, 2023 | Behind the Markets (Ad)New Breakthrough "Living Software" Has Been…New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>August 22, 2023 | dailymail.co.ukAmerica's 401(K) shame: Half of workers lack access to an employer-sponsored retirement plan - here are the states worst affectedAugust 21, 2023 | cbsnews.comHalf of Americans lack access to a retirement plan. Here are the worst states.August 21, 2023 | finance.yahoo.comThose who invested in Employers Holdings (NYSE:EIG) three years ago are up 37%August 1, 2023 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Employers Holdings (EIG)July 27, 2023 | finance.yahoo.comEmployers Holdings, Inc. Reports Second Quarter 2023 Results; Declares Regular Quarterly Dividend of $0.28 per ShareJuly 27, 2023 | finance.yahoo.comEmployers Holdings (EIG) Beats Q2 Earnings and Revenue EstimatesJuly 27, 2023 | finance.yahoo.comCompared to Estimates, Employers Holdings (EIG) Q2 Earnings: A Look at Key MetricsJuly 24, 2023 | msn.comSocial Security celebrates the Americans with Disabilities ActJuly 19, 2023 | fool.comEmployers (NYSE: EIG)July 5, 2023 | finance.yahoo.comEmployers Holdings, Inc. Schedules Second Quarter 2023 Earnings Release and Conference CallJune 28, 2023 | finance.yahoo.comEmployers Holdings Insider Ups Holding By 77% During YearJune 27, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Employers Holdings (EIG) Stock?June 21, 2023 | msn.comWhy Should You Invest in Employers Holdings (EIG) Stock Now?June 21, 2023 | usatoday.comIs it OK to rescind a resignation letter? Your employer may not keep you. Ask HRJune 16, 2023 | benzinga.comTHE WASHINGTON POST NAMES ERICKSON IMMIGRATION GROUP A 2023 TOP WASHINGTON-AREA WORKPLACEJune 11, 2023 | finance.yahoo.comIs Employers Holdings, Inc.'s (NYSE:EIG) Recent Price Movement Underpinned By Its Weak Fundamentals?June 7, 2023 | theguardian.comKing: The Life of Martin Luther King by Jonathan Eig review – a story that speaks to our timesMay 30, 2023 | finance.yahoo.comEmployers Holdings (EIG) Upgraded to Buy: What Does It Mean for the Stock?See More Headlines Receive EIG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Employers and its competitors with MarketBeat's FREE daily newsletter. Email Address EIG Company Calendar Last Earnings7/26/2023Ex-Dividend for 8/23 Dividend8/08/2023Dividend Payable8/23/2023Today10/01/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:EIG CUSIP29221810 CIK1379041 Webwww.employers.com Phone(888) 682-6671Fax888-527-3422Employees676Year FoundedN/APrice Target and Rating Average Stock Price Forecast$51.50 High Stock Price Forecast$53.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+28.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.58 Trailing P/E Ratio8.72 Forward P/E Ratio11.93 P/E GrowthN/ANet Income$48.40 million Net Margins14.72% Pretax Margin17.99% Return on Equity10.32% Return on Assets2.65% Debt Debt-to-Equity RatioN/A Current Ratio0.38 Quick Ratio0.38 Sales & Book Value Annual Sales$847.90 million Price / Sales1.23 Cash Flow$3.89 per share Price / Cash Flow10.28 Book Value$34.72 per share Price / Book1.15Miscellaneous Outstanding Shares26,064,000Free Float25,699,000Market Cap$1.04 billion OptionableOptionable Beta0.23 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMs. Katherine Holt Antonello FCAS (Age 59)FSA, MAAA, Pres, CEO & Director Comp: $1.92MMr. Michael Scott Paquette (Age 59)Exec. VP, CFO & Treasurer Comp: $1.17MMs. Lori Ann Brown (Age 57)Exec. VP, Chief Legal Officer, Gen. Counsel & Corp. Sec. Comp: $786.21kMr. Christopher William Laws (Age 39)Exec. VP & Chief Actuary Comp: $666.04kMr. Matthew H. Hendricksen (Age 43)Sr. VP of Treasury & Investments Mr. John M. Mutschink (Age 50)Exec. VP & Chief Admin. Officer Mr. Ty VukelichVP of Corp. MarketingLindsey M. RynardSr. VP & Chief Sales OfficerMr. Bertrum CarrollChief Information Security Officer & VPMr. Thomas M. WardenSr. VP and Chief Data Analytics OfficerMore ExecutivesKey CompetitorsSafety Insurance GroupNASDAQ:SAFTProAssuranceNYSE:PRAAMERISAFENASDAQ:AMSFMercury GeneralNYSE:MCYUnited Fire GroupNASDAQ:UFCSView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpSold 15,675 shares on 8/24/2023Ownership: 0.034%Dean Capital ManagementSold 755 shares on 8/23/2023Ownership: 0.116%California State Teachers Retirement SystemSold 1,282 shares on 8/21/2023Ownership: 0.126%Teachers Retirement System of The State of KentuckyBought 479 shares on 8/21/2023Ownership: 0.035%Legato Capital Management LLCSold 755 shares on 8/18/2023Ownership: 0.116%View All Insider TransactionsView All Institutional Transactions EIG Stock - Frequently Asked Questions Should I buy or sell Employers stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Employers in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EIG shares. View EIG analyst ratings or view top-rated stocks. What is Employers' stock price forecast for 2023? 2 equities research analysts have issued 1-year price targets for Employers' shares. Their EIG share price forecasts range from $50.00 to $53.00. On average, they predict the company's share price to reach $51.50 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View analysts price targets for EIG or view top-rated stocks among Wall Street analysts. How have EIG shares performed in 2023? Employers' stock was trading at $43.13 at the beginning of 2023. Since then, EIG shares have decreased by 7.4% and is now trading at $39.95. View the best growth stocks for 2023 here. Are investors shorting Employers? Employers saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 352,900 shares, an increase of 36.4% from the August 15th total of 258,700 shares. Based on an average daily trading volume, of 123,100 shares, the short-interest ratio is presently 2.9 days. Approximately 1.4% of the company's stock are short sold. View Employers' Short Interest. When is Employers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our EIG earnings forecast. How were Employers' earnings last quarter? Employers Holdings, Inc. (NYSE:EIG) announced its quarterly earnings results on Wednesday, July, 26th. The financial services provider reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.27. The financial services provider earned $215.20 million during the quarter, compared to the consensus estimate of $210.79 million. Employers had a net margin of 14.72% and a trailing twelve-month return on equity of 10.32%. The firm's revenue for the quarter was up 59.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. How often does Employers pay dividends? What is the dividend yield for Employers? Employers declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.28 per share on Wednesday, August 23rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Tuesday, August 8th. Read our dividend analysis for EIG. What ETFs hold Employers' stock? ETFs with the largest weight of Employers (NYSE:EIG) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS) and Hypatia Women Ceo ETF (WCEO).iShares U.S. Insurance ETF (IAK). Is Employers a good dividend stock? Employers (NYSE:EIG) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.74%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EIG will have a dividend payout ratio of 32.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EIG. What is Douglas D. Dirks' approval rating as Employers' CEO? 92 employees have rated Employers Chief Executive Officer Douglas D. Dirks on Glassdoor.com. Douglas D. Dirks has an approval rating of 92% among the company's employees. This puts Douglas D. Dirks in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Employers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Employers investors own include Pfizer (PFE), SFL (SFL), AbbVie (ABBV), Carnival Co. & (CCL), Delta Air Lines (DAL), Advanced Micro Devices (AMD), Alibaba Group (BABA), Bank of America (BAC), Comcast (CMCSA) and Chipotle Mexican Grill (CMG). What is Employers' stock symbol? Employers trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIG." How do I buy shares of Employers? Shares of EIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Employers' stock price today? One share of EIG stock can currently be purchased for approximately $39.95. How much money does Employers make? Employers (NYSE:EIG) has a market capitalization of $1.04 billion and generates $847.90 million in revenue each year. The financial services provider earns $48.40 million in net income (profit) each year or $4.58 on an earnings per share basis. How many employees does Employers have? The company employs 676 workers across the globe. How can I contact Employers? Employers' mailing address is 10375 PROFESSIONAL CIRCLE, RENO NV, 89521. The official website for the company is www.employers.com. The financial services provider can be reached via phone at (888) 682-6671, via email at mpaquette@employers.com, or via fax at 888-527-3422. This page (NYSE:EIG) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Employers Holdings, Inc. 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