Employers - EIG Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Employers in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EIG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EIG, but not buy additional shares or sell existing shares.
View EIG analyst ratings or view top-rated stocks.

Employers' stock was trading at $43.13 at the beginning of 2023. Since then, EIG shares have decreased by 1.7% and is now trading at $42.40.
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Employers saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 338,900 shares, a drop of 6.3% from the December 31st total of 361,600 shares. Based on an average trading volume of 130,500 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.3% of the company's shares are sold short.
View Employers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our EIG earnings forecast.

Employers Holdings, Inc. (NYSE:EIG) posted its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.14. The financial services provider earned $168.30 million during the quarter, compared to analysts' expectations of $156.92 million. Employers had a net margin of 8.10% and a trailing twelve-month return on equity of 7.25%. The business's revenue for the quarter was down 7.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 EPS.

Employers declared a None dividend on Tuesday, November 22nd. Stockholders of record on Tuesday, December 6th will be given a dividend of $1.25 per share on Tuesday, December 20th. The ex-dividend date of this dividend is Monday, December 5th.
Read our dividend analysis for EIG.

Employers (NYSE:EIG) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EIG will have a dividend payout ratio of 35.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EIG.

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.

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).

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

Employers' stock is owned by many different retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.56%), Allspring Global Investments Holdings LLC (0.33%), Carolina Wealth Advisors LLC (0.29%), Exchange Traded Concepts LLC (0.17%), Range Financial Group LLC (0.13%) and Human Investing LLC (0.07%). Insiders that own company stock include Douglas D Dirks, Figueiredo Joao M De, James R Kroner, Jeanne L Mockard, John M Mutschink, Katherine H Antonello, Lawrence S Rogers, Michael J Mcsally, Michael Scott Paquette, Richard W Blakey, Stephen V Festa and Tracey Lynn Berg.
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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.
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One share of EIG stock can currently be purchased for approximately $42.40.

Employers (NYSE:EIG) has a market capitalization of $1.15 billion and generates $691.50 million in revenue each year. The financial services provider earns $119.30 million in net income (profit) each year or $2.00 on an earnings per share basis.

The company employs 608 workers across the globe.

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.