Employers (EIG) to Release Quarterly Earnings on Wednesday

Employers (NYSE:EIG - Get Free Report) is scheduled to be releasing 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. Persons interested in registering for the company's earnings conference call can do so using this link.

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

Employers Stock Down 1.3 %

NYSE:EIG opened at $48.03 on Wednesday. The firm's 50 day moving average is $47.68 and its two-hundred day moving average is $44.86. Employers has a fifty-two week low of $36.65 and a fifty-two week high of $50.00. The company has a market cap of $1.22 billion, a P/E ratio of 10.17 and a beta of 0.24.

Employers Announces Dividend

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

Wall Street Analysts Forecast Growth

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

About Employers

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.