Employers (EIG) Stock Price, News & Analysis

Company Overview

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. The company markets its products through local, regional, and national agents and brokers; alternative distribution channels; and 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 Henderson, Nevada.

Key Stats

• Today's Range: $50.09 to $51.24
• 50-Day Range: $47.55 to $53.86
• 52-Week Range: $38.38 to $54.44
• Volume: 665,634 shs
• Average Volume: 130,617 shs
• Market Capitalization: $1.26 billion
• P/E Ratio: 9.51
• Dividend Yield: 2.36%
• Price Target: $58.00
• Consensus Rating: Hold

Employers Stock Analysis - MarketRank™

Employers scored higher than 54% of companies evaluated by MarketBeat, and ranked 588th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Employers has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Employers has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -0.55%

Earnings Growth

Earnings for Employers are expected to decrease by -0.55% in the coming year, from $3.65 to $3.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Employers is 9.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Employers is 9.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.49.

Price to Book Value per Share Ratio

Employers has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.45% of the float of Employers has been sold short.

Short Interest Ratio / Days to Cover

Employers has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Employers has recently increased by 30.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Employers pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Employers does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Employers is 22.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Employers will have a dividend payout ratio of 33.06% next year. This indicates that Employers will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.45% of the float of Employers has been sold short.

Short Interest Ratio / Days to Cover

Employers has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Employers has recently increased by 30.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.21

News Sentiment

Employers has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Employers this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Employers insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of Employers is held by insiders.

Percentage Held by Institutions

80.49% of the stock of Employers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EIG Stock Analysis - Frequently Asked Questions

How have EIG shares performed this year?

Employers' stock was trading at $39.40 at the start of the year. Since then, EIG shares have increased by 29.0% and is now trading at $50.81.
View the best growth stocks for 2024 here.

How were Employers' earnings last quarter?

Employers Holdings, Inc. (NYSE:EIG) posted its quarterly earnings data on Wednesday, October, 30th. The financial services provider reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.03. The financial services provider had revenue of $224 million for the quarter, compared to analysts' expectations of $225.19 million. Employers had a net margin of 15.27% and a trailing twelve-month return on equity of 9.78%.

Who are Employers' major shareholders?

Top institutional shareholders of Employers include State Street Corp (4.03%), Geode Capital Management LLC (2.34%), Charles Schwab Investment Management Inc. (1.69%) and Hotchkis & Wiley Capital Management LLC (1.12%). Insiders that own company stock include Katherine H Antonello and Ann Marie Smith.
View institutional ownership trends.

How do I buy shares of Employers?

Shares of EIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Employers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Employers investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/30/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Dividend Payable: 11/27/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:EIG
• CUSIP: 29221810
• CIK: 1379041
• Web: www.employers.com
• Phone: (888) 682-6671
• Fax: 888-527-3422
• Employees: 717
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $58.00
• High Stock Price Target: $58.00
• Low Stock Price Target: $58.00
• Potential Upside/Downside: +14.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.34
• Trailing P/E Ratio: 9.51
• Forward P/E Ratio: 13.92
• P/E Growth: N/A
• Net Income: $118.10 million
• Net Margins: 15.27%
• Pretax Margin: 19.13%
• Return on Equity: 9.78%
• Return on Assets: 2.84%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.42
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $889.80 million
• Price / Sales: 1.41
• Cash Flow: $4.73 per share
• Price / Cash Flow: 10.75
• Book Value: $39.42 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 24,716,000
• Free Float: 24,345,000
• Market Cap: $1.26 billion
• Optionable: Optionable
• Beta: 0.26