News headlines about Employers (NYSE:EIG) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Employers earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.224107676818 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
EIG has been the subject of several research reports. Zacks Investment Research downgraded Employers from a “buy” rating to a “hold” rating in a report on Friday, September 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $53.00 price target on shares of Employers in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $47.33.
Employers (NYSE EIG) opened at $48.60 on Monday. The stock has a market capitalization of $1,580.00, a PE ratio of 17.55 and a beta of 1.13. Employers has a 12-month low of $34.88 and a 12-month high of $49.65.
Employers (NYSE:EIG) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.08. The company had revenue of $210.50 million for the quarter, compared to analyst estimates of $193.04 million. Employers had a return on equity of 10.39% and a net margin of 13.32%. equities analysts expect that Employers will post 2.39 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, November 7th. Employers’s dividend payout ratio (DPR) is presently 18.75%.
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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