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

$42.50
+0.16 (+0.38 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$42.34
Now: $42.50
$42.65
50-Day Range
$41.23
MA: $42.60
$44.06
52-Week Range
$39.31
Now: $42.50
$47.45
Volume91,540 shs
Average Volume109,356 shs
Market Capitalization$1.35 billion
P/E Ratio10.34
Dividend Yield2.09%
Beta0.7
Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels comprising its partners; and through national, regional, and local trade groups and associations, as well as directly to customers. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP29221810
Phone888-682-6671

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$813.50 million
Cash Flow$4.66 per share
Book Value$36.47 per share

Profitability

Net Income$141.30 million

Miscellaneous

Employees704
Market Cap$1.35 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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Employers (NYSE:EIG) Frequently Asked Questions

What is Employers' stock symbol?

Employers trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIG."

How often does Employers pay dividends? What is the dividend yield for Employers?

Employers announced a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Wednesday, November 6th will be given a dividend of $0.22 per share on Wednesday, November 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Tuesday, November 5th. View Employers' Dividend History.

How were Employers' earnings last quarter?

Employers Holdings, Inc. (NYSE:EIG) posted its earnings results on Wednesday, October, 23rd. The financial services provider reported $0.88 EPS for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.28. The financial services provider had revenue of $198.40 million for the quarter, compared to analysts' expectations of $203.58 million. Employers had a return on equity of 12.09% and a net margin of 18.73%. During the same quarter last year, the company earned $0.98 earnings per share. View Employers' Earnings History.

When is Employers' next earnings date?

Employers is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Employers.

What price target have analysts set for EIG?

2 analysts have issued twelve-month target prices for Employers' shares. Their forecasts range from $50.00 to $50.00. On average, they anticipate Employers' stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Employers.

What is the consensus analysts' recommendation for Employers?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Employers in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Employers.

What are Wall Street analysts saying about Employers stock?

Here are some recent quotes from research analysts about Employers stock:
  • 1. According to Zacks Investment Research, "Employers Holdings, Inc. is a specialty provider of workers compensation insurance focused on select small businesses engaged in low to medium hazard industries. It markets its products through independent local, regional, and national agents and brokers, as well as through its strategic partnerships and alliances and relationships with national, regional, and local trade groups and associations. Employers Holdings, Inc. is headquartered in Reno, Nevada. " (10/21/2019)
  • 2. Boenning Scattergood analysts commented, "We are raising our target price to $53.00 (from $50.00) and maintaining our Outperform rating. The target price is approximately 1.25 times our 12-month forward adjusted BVPS estimate of $42.01. This is the same multiple we previously used to calculate the target price. The shares are currently trading near 1.1x adjusted BVPS – we believe the P/B multiple may expand if EIG continues to book higher-than-expected favorable reserve development." (7/25/2019)

Has Employers been receiving favorable news coverage?

News headlines about EIG stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Employers earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Employers.

Are investors shorting Employers?

Employers saw a decrease in short interest in October. As of October 31st, there was short interest totalling 863,000 shares, a decrease of 7.4% from the September 30th total of 932,200 shares. Based on an average daily trading volume, of 112,900 shares, the days-to-cover ratio is currently 7.6 days. Approximately 2.8% of the company's stock are sold short. View Employers' Current Options Chain.

Who are some of Employers' key competitors?

What other stocks do shareholders of Employers own?

Who are Employers' key executives?

Employers' management team includes the folowing people:
  • Mr. Douglas Dean Dirks, Pres, CEO & Director (Age 60)
  • Mr. Michael Scott Paquette, Exec. VP, CFO & Treasurer (Age 55)
  • Mr. Stephen Vincent Festa, Exec. VP & COO (Age 59)
  • Mr. John P. Nelson, Exec. VP & Chief Admin. Officer (Age 57)
  • Mr. Matthew H. Hendricksen, VP of Treasury & Investments

Who are Employers' major shareholders?

Employers' stock is owned by many different of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.42%), Dalton Greiner Hartman Maher & Co. (0.42%), Rhumbline Advisers (0.38%), Russell Investments Group Ltd. (0.32%), California Public Employees Retirement System (0.26%) and Mackay Shields LLC (0.23%). Company insiders that own Employers stock include Douglas D Dirks, John P Nelson, Lawrence S Rogers, Lenard T Ormsby, Stephen V Festa and Valerie R Glenn. View Institutional Ownership Trends for Employers.

Which major investors are selling Employers stock?

EIG stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Mackay Shields LLC, State of Tennessee Treasury Department, Russell Investments Group Ltd., Janney Montgomery Scott LLC and Strs Ohio. Company insiders that have sold Employers company stock in the last year include Lawrence S Rogers, Lenard T Ormsby and Valerie R Glenn. View Insider Buying and Selling for Employers.

Which major investors are buying Employers stock?

EIG stock was purchased by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, California Public Employees Retirement System, Denali Advisors LLC, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Peavine Capital LLC, Dalton Greiner Hartman Maher & Co. and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Employers.

How do I buy shares of Employers?

Shares of EIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Employers' stock price today?

One share of EIG stock can currently be purchased for approximately $42.50.

How big of a company is Employers?

Employers has a market capitalization of $1.35 billion and generates $813.50 million in revenue each year. The financial services provider earns $141.30 million in net income (profit) each year or $4.11 on an earnings per share basis. Employers employs 704 workers across the globe.View Additional Information About Employers.

What is Employers' official website?

The official website for Employers is http://www.employers.com/.

How can I contact Employers?

Employers' mailing address is 10375 PROFESSIONAL CIRCLE, RENO NV, 89521. The financial services provider can be reached via phone at 888-682-6671 or via email at [email protected]


MarketBeat Community Rating for Employers (NYSE EIG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  528
MarketBeat's community ratings are surveys of what our community members think about Employers and other stocks. Vote "Outperform" if you believe EIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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