NYSE:EIG Employers (EIG) Stock Forecast, Price & News $38.33 +2.08 (+5.74%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$36.41▼$38.3750-Day Range$36.11▼$42.8252-Week Range$32.58▼$46.73Volume217,281 shsAverage Volume136,309 shsMarket Capitalization$1.03 billionP/E Ratio14.09Dividend Yield2.92%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/Downside34.4% Upside$51.50 Price TargetShort InterestHealthy1.07% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.06Based on 9 Articles This WeekInsider TradingAcquiring Shares$250,845 Bought Last QuarterProj. Earnings Growth9.58%From $3.13 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.3.08 out of 5 starsFinance Sector214th out of 874 stocksFire, Marine, & Casualty Insurance Industry12th out of 45 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 34.4% from its current price of $38.33.Amount of Analyst CoverageEmployers has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.07% of the float of Employers has been sold short.Short Interest Ratio / Days to CoverEmployers has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Employers has recently increased by 22.52%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEmployers pays a meaningful dividend of 3.10%, 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 41.18%. 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 3.4 News and Social Media Coverage News SentimentEmployers has a news sentiment score of 1.06. 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 higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Employers this week, compared to 7 articles on an average week.Search Interest1 people have searched for EIG on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Employers insiders have bought more of their company's stock than they have sold. Specifically, they have bought $250,845.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of Employers is held by insiders.Percentage Held by Institutions78.14% 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 9.58% in the coming year, from $3.13 to $3.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Employers is 14.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Employers is 14.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.19.Price to Book Value per Share RatioEmployers has a P/B Ratio of 1.06. 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. engages in the provision of workers compensation products and services. It operates through following segments: Employers, Cerity, and Corporate and Others. The Employers segment includes traditional business offered under the EMPLOYERS brand name through agents. The Cerity segment operates under the Cerity brand name, which includes direct-to-customer business. The Corporate and Others segment consists of holding company expenses. The company was founded in 2005 and is headquartered in Reno, NV.Read More 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 Stock News HeadlinesMay 30, 2023 | finance.yahoo.comEmployers Holdings (EIG) Upgraded to Buy: What Does It Mean for the Stock?May 27, 2023 | forbes.comWhat Is Employee Relations?June 3, 2023 | Behind the Markets (Ad)Here's something only a handful of people knowOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 27, 2023 | forbes.comEmployee Benefits In 2023: The Ultimate GuideMay 26, 2023 | forbes.com25 Employee Appreciation Ideas For 2023May 25, 2023 | msn.com4 Accident & Health Insurers to Watch as Exposure IncreasesMay 25, 2023 | forbes.comEmployee Management: Definition, Process & Best PracticesMay 21, 2023 | americanbankingnews.comEmployers (NYSE:EIG) Earns Buy Rating from Analysts at StockNews.comJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 20, 2023 | msn.comWhy many Americans no longer want to move for workMay 18, 2023 | fool.comQualified Retirement PlansMay 16, 2023 | bizjournals.comHealthiest Employers NewsMay 13, 2023 | forbes.comBest Employee Monitoring SoftwareMay 8, 2023 | americanbankingnews.comEmployers Holdings, Inc. (NYSE:EIG) Announces Quarterly Dividend of $0.28May 4, 2023 | finance.yahoo.comEmployers Holdings, Inc. (NYSE:EIG) Will Pay A US$0.28 Dividend In Four DaysMay 3, 2023 | americanbankingnews.comEmployers (NYSE:EIG) Rating Increased to Buy at StockNews.comApril 29, 2023 | finance.yahoo.comWith 8.6% one-year returns, institutional owners may ignore Employers Holdings, Inc.'s (NYSE:EIG) 7.5% stock price declineApril 28, 2023 | seekingalpha.comEmployers Holdings, Inc. (EIG) Q1 2023 Earnings Call TranscriptApril 28, 2023 | finance.yahoo.comEmployers Holdings (EIG) Surpasses Q1 Earnings EstimatesApril 27, 2023 | finance.yahoo.comEmployers Holdings, Inc. Reports First Quarter 2023 Results and Increases Regular Quarterly Dividend to $0.28 per ShareApril 26, 2023 | americanbankingnews.comEmployers (EIG) Scheduled to Post Earnings on ThursdayApril 15, 2023 | finance.yahoo.comEmployers Holdings, Inc. (EIG)April 14, 2023 | finance.yahoo.comEmployers Holdings, Inc. Schedules First Quarter 2023 Earnings Release and Conference CallMarch 18, 2023 | money.usnews.comEmployers Holdings IncMarch 12, 2023 | finance.yahoo.comDespite lower earnings than three years ago, Employers Holdings (NYSE:EIG) investors are up 37% since thenFebruary 23, 2023 | finance.yahoo.comDon't Race Out To Buy Employers Holdings, Inc. (NYSE:EIG) Just Because It's Going Ex-DividendFebruary 21, 2023 | finance.yahoo.comEmployers Holdings, Inc. (NYSE:EIG) Q4 2022 Earnings Call TranscriptSee More Headlines EIG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EIG Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings4/27/2023Ex-Dividend for 5/24 Dividend5/09/2023Dividend Payable5/24/2023Today6/02/2023Next Earnings (Estimated)7/27/2023Fiscal 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) 682-6671Fax888-527-3422Employees608Year 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+34.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.72 Trailing P/E Ratio14.09 Forward P/E Ratio12.25 P/E GrowthN/ANet Income$48.40 million Net Margins9.67% Pretax Margin11.37% Return on Equity9.26% Return on Assets2.38% Debt Debt-to-Equity RatioN/A Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$713.50 million Price / Sales1.44 Cash Flow$4.12 per share Price / Cash Flow9.30 Book Value$36.24 per share Price / Book1.06Miscellaneous Outstanding Shares26,880,000Free Float26,501,000Market Cap$1.03 billion OptionableOptionable Beta0.24 Key ExecutivesKatherine H. AntonelloPresident, Chief Executive Officer & DirectorMichael Scott PaquetteChief Financial Officer, Treasurer & Executive VPJeffrey C. ShawChief Information Officer & Executive VPLori A. BrownSecretary, Chief Legal Officer & Executive VPJohn M. MutschinkChief Administrative Officer & Executive VPKey CompetitorsAMERISAFENASDAQ:AMSFSafety Insurance GroupNASDAQ:SAFTProAssuranceNYSE:PRAUnited Fire GroupNASDAQ:UFCSDonegal GroupNASDAQ:DGICAView All CompetitorsInsiders & InstitutionsKatherine H AntonelloBought 6,880 shares on 6/1/2023Total: $250,844.80 ($36.46/share)Brandywine Global Investment Management LLCBought 36,446 shares on 5/25/2023Ownership: 0.260%Legato Capital Management LLCSold 15,893 shares on 5/25/2023Ownership: 0.115%Ameriprise Financial Inc.Sold 3,635 shares on 5/22/2023Ownership: 1.831%Putnam Investments LLCSold 463 shares on 5/22/2023Ownership: 0.041%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 twelve months. 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 analysts have issued 12 month price targets for Employers' stock. Their EIG share price forecasts range from $50.00 to $53.00. On average, they anticipate the company's share price to reach $51.50 in the next year. This suggests a possible upside of 34.4% 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 on January 1st, 2023. Since then, EIG stock has decreased by 11.1% and is now trading at $38.33. View the best growth stocks for 2023 here. Are investors shorting Employers? Employers saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 281,800 shares, an increase of 22.5% from the April 30th total of 230,000 shares. Based on an average daily volume of 150,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.1% of the shares of the company 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, July 27th 2023. View our EIG earnings forecast. How were Employers' earnings last quarter? Employers Holdings, Inc. (NYSE:EIG) issued its quarterly earnings data on Thursday, April, 27th. The financial services provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.57 by $0.03. The financial services provider earned $206.50 million during the quarter, compared to analysts' expectations of $206.81 million. Employers had a trailing twelve-month return on equity of 9.26% and a net margin of 9.67%. The company's revenue for the quarter was up 35.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 EPS. How often does Employers pay dividends? What is the dividend yield for Employers? Employers declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Wednesday, May 10th will be paid a dividend of $0.28 per share on Wednesday, May 24th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, May 9th. This is an increase from the stock's previous quarterly dividend of $0.26. 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 Cambria Value and Momentum ETF (VAMO), ETC 6 Meridian Small Cap Equity ETF (SIXS), Hypatia Women Ceo ETF (WCEO), Invesco S&P SmallCap Low Volatility ETF (XSLV), Inspire Fidelis Multi Factor ETF (FDLS), Hartford Multifactor Small Cap ETF (ROSC), Invesco S&P SmallCap Financials ETF (PSCF) and iShares US Small Cap Value Factor ETF (SVAL). 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 3.10%. 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 41.18%. 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." Who are Employers' major shareholders? Employers' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.77%), Dimensional Fund Advisors LP (7.94%), State Street Corp (3.73%), FMR LLC (2.94%), Geode Capital Management LLC (1.95%) and Ameriprise Financial Inc. (1.83%). Insiders that own company stock include Figueiredo Joao M De, James R Kroner, Jeanne L Mockard, Katherine H Antonello, Michael J Mcsally, Stephen V Festa and Tracey Lynn Berg. View institutional ownership trends. 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 $38.33. How much money does Employers make? Employers (NYSE:EIG) has a market capitalization of $1.03 billion and generates $713.50 million in revenue each year. The financial services provider earns $48.40 million in net income (profit) each year or $2.72 on an earnings per share basis. How many employees does Employers have? The company employs 608 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 6/3/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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