NYSE:EIGEmployers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Employers Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $34.58 +0.32 (+0.93 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$34.37Now: $34.58▼$35.3050-Day Range$28.72MA: $31.30▼$34.5852-Week Range$25.53Now: $34.58▼$44.90Volume172,100 shsAverage Volume223,248 shsMarket Capitalization$1.01 billionP/E Ratio12.22Dividend Yield2.89%Beta0.16 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingEmployers has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.00, Employers has a potential upside of 44.6% from its current price of $34.58.Amount of Analyst CoverageEmployers has received no research coverage in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesEmployers has received 266 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEmployers has received 291 “underperform” votes. (Add your “underperform” vote.)Community SentimentEmployers has received 52.24% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldEmployers pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmployers has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Employers is 31.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Employers will have a dividend payout ratio of 57.14% next year. This indicates that Employers will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Employers insiders have sold 208.55% more of their company's stock than they have bought. Specifically, they have bought $12,950.00 in company stock and sold $39,957.00 in company stock.Percentage Held by InsidersOnly 2.90% of the stock of Employers is held by insiders.Percentage Held by Institutions80.80% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Employers are expected to grow by 4.17% in the coming year, from $1.68 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Employers is 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Employers is 12.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.65.Price to Book Value per Share RatioEmployers has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.33 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:EIG Previous Symbol CUSIP29221810 CIK1379041 Webwww.employers.com Phone888-682-6671Debt Debt-to-Equity RatioN/A Current Ratio0.41 Quick Ratio0.41Price-To-Earnings Trailing P/E Ratio12.22 Forward P/E Ratio20.58 P/E GrowthN/A Sales & Book Value Annual Sales$784.80 million Price / Sales1.29 Cash Flow$4.05 per share Price / Cash Flow8.54 Book Value$36.64 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$3.20 Net Income$157.10 million Net Margins11.30% Return on Equity7.12% Return on Assets2.02%Miscellaneous Employees704 Outstanding Shares29,271,000Market Cap$1.01 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $34.58 +0.32 (+0.93 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EIG News and Ratings via Email Sign-up to receive the latest news and ratings for EIG and its competitors with MarketBeat's FREE daily newsletter. Employers (NYSE:EIG) Frequently Asked Questions How has Employers' stock price been impacted by Coronavirus (COVID-19)? Employers' stock was trading at $36.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EIG shares have decreased by 6.5% and is now trading at $34.58. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is Employers' next earnings date? Employers is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Employers. How were Employers' earnings last quarter? Employers Holdings, Inc. (NYSE:EIG) posted its quarterly earnings data on Thursday, July, 23rd. The financial services provider reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.58. The financial services provider had revenue of $211.40 million for the quarter, compared to the consensus estimate of $164.18 million. Employers had a return on equity of 7.12% and a net margin of 11.30%. View Employers' earnings history. How often does Employers pay dividends? What is the dividend yield for Employers? Employers announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Wednesday, August 5th will be given a dividend of $0.25 per share on Wednesday, August 19th. This represents a $1.00 annualized dividend and a yield of 2.89%. The ex-dividend date is Tuesday, August 4th. View Employers' dividend history. What price target have analysts set for EIG? 2 brokers have issued 1 year price objectives for Employers' stock. 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 44.6% from the stock's current price. View analysts' price targets for Employers. Has Employers been receiving favorable news coverage? Media coverage about EIG stock has trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Employers earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Employers. Are investors shorting Employers? Employers saw a decrease in short interest in July. As of July 31st, there was short interest totaling 959,400 shares, a decrease of 5.0% from the July 15th total of 1,010,000 shares. Based on an average daily trading volume, of 253,600 shares, the days-to-cover ratio is currently 3.8 days. Approximately 3.3% of the company's shares are short sold. View Employers' Short Interest. Who are some of Employers' key competitors? Some companies that are related to Employers include Berkshire Hathaway (BRK.B), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and Hanover Insurance Group (THG). View all competitors. What other stocks do shareholders of Employers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Employers investors own include Ship Finance International (SFL), Verizon Communications (VZ), AbbVie (ABBV), Carnival (CCL), Delta Air Lines (DAL), Walt Disney (DIS), Alibaba Group (BABA), Bank of America (BAC), Gilead Sciences (GILD) and Intel (INTC). Who are Employers' key executives? Employers' management team includes the following 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 What is Employers' stock symbol? Employers trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIG." Who are Employers' major shareholders? Employers' stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.43%), Goldman Sachs Group Inc. (1.02%), Wasatch Advisors Inc. (0.98%), Bank of Montreal Can (0.84%), Principal Financial Group Inc. (0.78%) and Dalton Greiner Hartman Maher & Co. (0.48%). Company insiders that own Employers stock include Douglas D Dirks, John M Mutschink, Lawrence S Rogers, Lenard T Ormsby, Michael J Mcsally, Michael Scott Paquette, Richard W Blakey, Stephen V Festa and Valerie R Glenn. View institutional ownership trends for Employers. Which institutional investors are selling Employers stock? EIG stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Jennison Associates LLC, Bank of New York Mellon Corp, 6 Meridian, Principal Financial Group Inc., Prudential Financial Inc., New York State Common Retirement Fund, and Strs Ohio. Company insiders that have sold Employers company stock in the last year include Douglas D Dirks, and Lawrence S Rogers. View insider buying and selling activity for Employers. Which institutional investors are buying Employers stock? EIG stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wasatch Advisors Inc., WINTON GROUP Ltd, Bank of Montreal Can, Aigen Investment Management LP, Exchange Traded Concepts LLC, DC Investments Management LLC, and Swiss National Bank. Company insiders that have bought Employers stock in the last two years include Douglas D Dirks, John M Mutschink, Michael J Mcsally, Michael Scott Paquette, and Richard W Blakey. View insider buying and selling activity 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 $34.58. How big of a company is Employers? Employers has a market capitalization of $1.01 billion and generates $784.80 million in revenue each year. The financial services provider earns $157.10 million in net income (profit) each year or $3.20 on an earnings per share basis. Employers employs 704 workers across the globe. What is Employers' official website? The official website for Employers is 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] This page was last updated on 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
