Employers Holdings
About: Employers Holdings Inc provides workers' compensation insurance, to small businesses in low- to medium-hazard industries. Its customers are employers, and the insurance premiums that those employers pay to account for company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has exposure to restaurants, which account for roughly a fourth of the total premiums the company earns. It operates as a single reportable segment, Insurance Operations, through itswholly owned subsidiaries.
Employees: 717
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4,386% more call options, than puts
Call options by funds: $628K | Put options by funds: $14K
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
9% more capital invested
Capital invested by funds: $876M [Q2] → $955M (+$78.8M) [Q3]
1% more funds holding
Funds holding: 192 [Q2] → 193 (+1) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 69
2.62% less ownership
Funds ownership: 81.1% [Q2] → 78.48% (-2.62%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$58
17%
upside
Avg. target
$58
17%
upside
High target
$58
17%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Truist Securities Mark Hughes 71% 1-year accuracy 46 / 65 met price target | 17%upside $58 | Buy Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 4 articles about EIG published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Top 5 Bargain Price-to-Sales Stocks Set to Outperform in 2025
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like JAKK, GIII, SUN, FIHL and EIG hold promise.
Neutral
GlobeNewsWire
1 week ago
AM Best Upgrades the Financial Strength Ratings for Employers Holdings, Inc.'s Operating Subsidiaries to “A” (Excellent)
RENO, Nev., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (NYSE:EIG), a leading provider of workers' compensation insurance, is pleased to announce that AM Best has upgraded the Financial Strength Rating (FSR) of each of its insurance companies to A (Excellent) from A- (Excellent) and their Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent). Concurrently, AM Best has upgraded the Long-Term ICR of Employers Holdings, Inc. to “bbb” (Good) from “bbb-” (Good). The outlook of each of these credit ratings has also been revised to stable from positive.
Neutral
Business Wire
1 week ago
AM Best Upgrades Credit Ratings of Employers Holdings, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group (Employers). (See below for a detailed list of companies.) Concurrently, AM Best has upgraded the Long-Term ICR to “bbb” (Good) from “bbb-” (Good) and the.
Positive
Zacks Investment Research
3 weeks ago
4 Accident & Health Insurance Stocks to Watch as Exposure Increases
Lower claims frequency, moderate pricing and the adoption of technology are likely to boost the performance of Zacks Accident and Health Insurance industry players like AFL, UNM, TRUP and EIG.
Positive
Seeking Alpha
1 month ago
Employers Holdings Has Room To Grow
Employers Holdings has shown record profitability post-pandemic, driven by reduced adverse expenses and increased in-force premiums, making it an attractive buy. The company excels in underwriting workers' compensation insurance, maintaining a combined ratio of 96% in 2023, indicating consistent underwriting profits. Net operating profit after tax has grown from $91.25 million in 2019 to $109.14 million, with ROIC more than doubling to 8.9%.
Neutral
Seeking Alpha
2 months ago
Employers Holdings, Inc. (EIG) Q3 2024 Earnings Call Transcript
Employers Holdings, Inc. (NYSE:EIG ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Lori Brown - Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary Katherine Antonello - President and Chief Executive Officer Michael Paquette - Executive Vice President and Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities Operator Thank you for standing by, and welcome to the Employers Holdings, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
Neutral
Zacks Investment Research
2 months ago
Here's What Key Metrics Tell Us About Employers Holdings (EIG) Q3 Earnings
While the top- and bottom-line numbers for Employers Holdings (EIG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
2 months ago
Employers Holdings (EIG) Beats Q3 Earnings Estimates
Employers Holdings (EIG) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.68 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Employers Holdings, Inc. Reports Third Quarter 2024 Results and Declares Regular Quarterly Dividend of $0.30 per Share
Company to Host Conference Call on Thursday, October 31, 2024, at 11:00 a.m. Eastern Daylight Time Company to Host Conference Call on Thursday, October 31, 2024, at 11:00 a.m. Eastern Daylight Time
Neutral
GlobeNewsWire
3 months ago
Employers Holdings, Inc. Appoints Michael Pedraja as its Next CFO
RENO, Nev., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (NYSE: EIG), a leading provider of workers' compensation insurance, is pleased to announce that Michael Pedraja will join the company as Executive Vice President and Chief Financial Officer (Designate), effective February 3, 2025. He will assume the role of Executive Vice President and Chief Financial Officer effective on or about March 31, 2025.
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