Employers Holdings (NYSE:EIG) Getting Somewhat Positive News Coverage, Study Shows
News headlines about Employers Holdings (NYSE:EIG) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Employers Holdings earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 90 out of 100, indicating that recent media coverage is very likely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have effected Accern’s analysis:
- Employers Holdings, Inc. :EIG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017 (finance.yahoo.com)
- Employers Holdings Inc (NYSE:EIG) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Zacks: Employers Holdings Inc (EIG) Given $43.00 Consensus Price Target by Analysts (americanbankingnews.com)
- SunTrust Banks Weighs in on Employers Holdings Inc’s Q3 2017 Earnings (NYSE:EIG) (americanbankingnews.com)
- Edited Transcript of EIG earnings conference call or presentation 27-Jul-17 3:30pm GMT (finance.yahoo.com)
Employers Holdings (NYSE EIG) traded down 0.69% on Thursday, reaching $43.05. The company’s stock had a trading volume of 108,954 shares. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 13.33 and a beta of 1.09. The firm’s 50 day moving average price is $42.66 and its 200-day moving average price is $39.58. Employers Holdings has a 1-year low of $27.01 and a 1-year high of $44.55.
Employers Holdings (NYSE:EIG) last announced its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.05. The firm had revenue of $191.10 million during the quarter, compared to the consensus estimate of $194.78 million. Employers Holdings had a net margin of 13.72% and a return on equity of 10.25%. Equities analysts forecast that Employers Holdings will post $2.20 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Wednesday, August 9th will be paid a $0.15 dividend. The ex-dividend date is Monday, August 7th. This represents a $0.60 annualized dividend and a yield of 1.39%. Employers Holdings’s payout ratio is currently 18.63%.
EIG has been the topic of several recent research reports. Zacks Investment Research cut Employers Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, May 24th. ValuEngine raised Employers Holdings from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
In related news, CEO Douglas D. Dirks sold 83,890 shares of Employers Holdings stock in a transaction on Monday, June 12th. The shares were sold at an average price of $41.93, for a total transaction of $3,517,507.70. Following the transaction, the chief executive officer now owns 409,535 shares in the company, valued at approximately $17,171,802.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.00% of the stock is owned by insiders.
Employers Holdings 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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