Employers Stock Price, News & Analysis (NYSE:EIG)

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.

2 Wall Street analysts have issued 12-month price objectives for Employers' shares. Their EIG share price targets range from $50.00 to $53.00. On average, they expect the company's share price to reach $51.50 in the next year. This suggests a possible upside of 36.2% from the stock's current price.
View analysts price targets for EIG or view top-rated stocks among Wall Street analysts.

Employers' stock was trading at $43.13 on January 1st, 2023. Since then, EIG stock has decreased by 12.4% and is now trading at $37.80.
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Employers saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 282,000 shares, an increase of 13.8% from the October 31st total of 247,900 shares. Based on an average trading volume of 124,300 shares, the short-interest ratio is currently 2.3 days. Approximately 1.1% of the company's shares are short sold.
View Employers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our EIG earnings forecast.

Employers Holdings, Inc. (NYSE:EIG) issued its earnings results on Wednesday, October, 25th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.05. The financial services provider had revenue of $203.50 million for the quarter, compared to the consensus estimate of $214.70 million. Employers had a net margin of 14.13% and a trailing twelve-month return on equity of 10.56%. The business's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.56 earnings per share.

Employers declared a quarterly dividend on Wednesday, October 25th. Stockholders of record on Wednesday, November 8th will be given a dividend of $0.28 per share on Wednesday, November 22nd. This represents a $1.12 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Tuesday, November 7th.
Read our dividend analysis for EIG.

Employers (NYSE:EIG) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.92%. 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 25.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EIG will have a dividend payout ratio of 32.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EIG.

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).

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.

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).

Employers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Northern Trust Corp (2.33%), Charles Schwab Investment Management Inc. (1.55%), Boston Partners (1.20%), Loomis Sayles & Co. L P (1.17%), Bank of New York Mellon Corp (1.14%) and Invesco Ltd. (1.13%). Insiders that own company stock include Figueiredo Joao M De, James R Kroner, Katherine H Antonello, Michael J Mcsally, Stephen V Festa and Tracey Lynn Berg.
View institutional ownership trends.

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.
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