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 $29.40 -0.10 (-0.34 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$29.29Now: $29.40▼$30.3050-Day Range$26.59MA: $29.86▼$33.2452-Week Range$25.53Now: $29.40▼$45.23Volume153,228 shsAverage Volume251,557 shsMarket Capitalization$888.17 millionP/E Ratio13.93Dividend Yield3.40%Beta0.14 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 70.1% from its current price of $29.40.Amount of Analyst CoverageEmployers has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesEmployers has received 265 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEmployers has received 291 “underperform” votes. (Add your “underperform” vote.)Community SentimentEmployers has received 52.34% “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 1.7 Dividend Strength Dividend YieldEmployers pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmployers has only been increasing its dividend for 4 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 EPS estimates, Employers will have a dividend payout ratio of 78.74% in the coming year. This indicates that Employers may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Employers insiders have bought 2,128.32% more of their company's stock than they have sold. Specifically, they have bought $890,371.00 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 Institutions80.87% 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 10.43% in the coming year, from $1.15 to $1.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Employers is 13.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Employers is 13.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.15.Price to Book Value per Share RatioEmployers has a P/B Ratio of 0.80. 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: 1.7Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.76 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 Ratio0.39 Quick Ratio0.39Price-To-Earnings Trailing P/E Ratio13.93 Forward P/E Ratio25.57 P/E GrowthN/A Sales & Book Value Annual Sales$784.80 million Price / Sales1.13 Cash Flow$3.99 per share Price / Cash Flow7.36 Book Value$36.64 per share Price / Book0.80Profitability EPS (Most Recent Fiscal Year)$3.20 Net Income$157.10 million Net Margins8.99% Return on Equity7.47% Return on Assets2.12%Miscellaneous Employees704 Outstanding Shares30,210,000Market Cap$888.17 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable EIG Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Employers' stock was trading at $36.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EIG stock has decreased by 20.5% and is now trading at $29.40. View which stocks have been most impacted by Coronavirus. 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, July 22nd 2020. View our earnings forecast for Employers. How were Employers' earnings last quarter? Employers Holdings, Inc. (NYSE:EIG) announced its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.35 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.18. The financial services provider earned $188.10 million during the quarter, compared to the consensus estimate of $184.79 million. Employers had a return on equity of 7.47% and a net margin of 8.99%. During the same period last year, the company posted $0.94 earnings per share. View Employers' earnings history. How often does Employers pay dividends? What is the dividend yield for Employers? Employers declared a quarterly dividend on Thursday, April 23rd. Investors of record on Wednesday, May 6th will be given a dividend of $0.25 per share on Wednesday, May 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend is Tuesday, May 5th. View Employers' dividend history. What price target have analysts set for EIG? 2 brokers have issued 12 month target prices for Employers' stock. Their forecasts range from $50.00 to $50.00. On average, they expect Employers' share price to reach $50.00 in the next twelve months. This suggests a possible upside of 70.1% from the stock's current price. View analysts' price targets 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. " (6/29/2020) 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? Headlines about EIG stock have been trending neutral recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Employers earned a news impact score of 0.5 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the near term. View the latest news about Employers. Are investors shorting Employers? Employers saw a decrease in short interest in June. As of June 15th, there was short interest totaling 743,700 shares, a decrease of 12.0% from the May 31st total of 844,700 shares. Based on an average trading volume of 280,800 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.5% of the company's stock are sold short. View Employers' Current Options Chain. Who are some of Employers' key competitors? Some companies that are related to Employers include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). 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), Alibaba Group (BABA), Carnival (CCL), Delta Air Lines (DAL), Gilead Sciences (GILD), Appian (APPN), Chipotle Mexican Grill (CMG) and Walt Disney (DIS). 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." 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 $29.40. How big of a company is Employers? Employers has a market capitalization of $888.17 million 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 7/5/2020 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. 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