Employers (EIG) Scheduled to Post Earnings on Wednesday

Employers (NYSE:EIG) is scheduled to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Employers to post earnings of $0.56 per share for the quarter.

Shares of Employers (NYSE EIG) opened at $40.55 on Wednesday. The stock has a market cap of $1,329.66, a P/E ratio of 12.71 and a beta of 1.05. Employers has a 1 year low of $35.90 and a 1 year high of $50.45.

In related news, EVP John P. Nelson sold 2,679 shares of the stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $43.26, for a total transaction of $115,893.54. Following the completion of the sale, the executive vice president now owns 16,977 shares of the company’s stock, valued at approximately $734,425.02. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John P. Nelson sold 2,000 shares of the stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $43.23, for a total transaction of $86,460.00. Following the sale, the executive vice president now directly owns 28,672 shares of the company’s stock, valued at approximately $1,239,490.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 91,204 shares of company stock valued at $4,381,909. Corporate insiders own 3.50% of the company’s stock.

A number of research firms recently issued reports on EIG. ValuEngine raised shares of Employers from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. Zacks Investment Research raised shares of Employers from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Monday, January 22nd. Finally, SunTrust Banks reissued a “buy” rating and set a $53.00 target price on shares of Employers in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.00.

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Employers Company Profile

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.

Earnings History for Employers (NYSE:EIG)

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