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.
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.
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