NYSE:EIGEmployers Stock Price, Forecast & News

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 19.9% and is now trading at $29.62. View which stocks have been most impacted by Coronavirus.

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.

Employers is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Employers.

Employers Holdings, Inc. (NYSE:EIG) issued its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.35 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.18. The financial services provider had revenue of $188.10 million for 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 in the previous year, the business earned $0.94 earnings per share. View Employers' earnings history.

Employers announced 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 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Tuesday, May 5th. View Employers' dividend history.

2 brokers have issued 1-year price targets for Employers' shares. Their forecasts range from $50.00 to $50.00. On average, they expect Employers' share price to reach $50.00 in the next year. This suggests a possible upside of 68.8% from the stock's current price. View analysts' price targets for Employers.

Headlines about EIG stock have trended very negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Employers earned a news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Employers.

Employers saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 902,200 shares, an increase of 21.3% from the June 15th total of 743,700 shares. Based on an average daily volume of 273,000 shares, the short-interest ratio is currently 3.3 days. Approximately 3.1% of the shares of the company are short sold. View Employers' Current Options Chain.

Some companies that are related to Employers include Berkshire Hathaway (BRK.B), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), 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.

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).

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

Employers' stock is owned by a number of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.48%), Envestnet Asset Management Inc. (0.04%), 6 Meridian (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Employers stock include Douglas D Dirks, John M Mutschink, John P Nelson, 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.

EIG stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian, and Louisiana State Employees Retirement System. 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.

EIG stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and Envestnet Asset Management Inc.. 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.

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.

One share of EIG stock can currently be purchased for approximately $29.62.

Employers has a market capitalization of $894.88 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.

The official website for Employers is www.employers.com.

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]