Employers Holdings Inc (EIG) to Release Quarterly Earnings on Tuesday
Employers Holdings Inc (NYSE:EIG) is set to issue its quarterly earnings data after the market closes on Tuesday, October 24th. Analysts expect the company to announce earnings of $0.57 per share for the quarter.
Employers Holdings (NYSE:EIG) last released its earnings results on Wednesday, July 26th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.05. Employers Holdings had a net margin of 13.72% and a return on equity of 10.25%. The company had revenue of $191.10 million for the quarter, compared to the consensus estimate of $194.78 million. On average, analysts expect Employers Holdings to post $2.33 EPS for the current fiscal year and $2.35 EPS for the next fiscal year.
Employers Holdings Inc (EIG) opened at 47.20 on Tuesday. The company’s 50 day moving average is $43.39 and its 200-day moving average is $41.67. The firm has a market cap of $1.53 billion, a P/E ratio of 14.61 and a beta of 1.12. Employers Holdings Inc has a 52-week low of $29.55 and a 52-week high of $47.25.
Several research firms recently weighed in on EIG. BidaskClub cut shares of Employers Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research upgraded shares of Employers Holdings from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $42.00.
About Employers Holdings
Employers Holdings, Inc is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.
Receive News & Ratings for Employers Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Employers Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.