Employers (EIG) Set to Announce Quarterly Earnings on Wednesday

Employers (NYSE:EIG - Get Free Report) is set to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Employers to post earnings of $0.78 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Employers (NYSE:EIG - Get Free Report) last released its earnings results on Wednesday, July 31st. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.02. Employers had a net margin of 13.76% and a return on equity of 9.95%. The firm had revenue of $217.00 million during the quarter, compared to analyst estimates of $223.82 million. During the same period last year, the business earned $1.17 earnings per share. The business's revenue was up .8% on a year-over-year basis. On average, analysts expect Employers to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Employers Price Performance

NYSE EIG traded down $0.01 during mid-day trading on Wednesday, reaching $48.02. The stock had a trading volume of 59,008 shares, compared to its average volume of 129,713. Employers has a 1 year low of $36.65 and a 1 year high of $50.00. The stock has a market cap of $1.22 billion, a PE ratio of 10.17 and a beta of 0.24. The company has a fifty day moving average price of $47.68 and a 200 day moving average price of $44.86.

Employers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Wednesday, August 14th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date was Wednesday, August 14th. Employers's dividend payout ratio (DPR) is presently 25.42%.

Analyst Ratings Changes

Separately, JMP Securities upgraded shares of Employers to a "hold" rating in a research note on Thursday, August 1st.

Employers Company Profile

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers' compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.