Employers (EIG) to Release Earnings on Thursday

Employers (NYSE:EIG) is projected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $221.18 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Employers Trading Down 0.6 %

EIG stock opened at $48.76 on Wednesday. The firm has a 50-day moving average of $49.99 and a two-hundred day moving average of $49.35. The firm has a market capitalization of $1.21 billion, a PE ratio of 9.13 and a beta of 0.27. Employers has a one year low of $38.67 and a one year high of $54.44.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Truist Financial increased their price target on shares of Employers from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. StockNews.com lowered shares of Employers from a “buy” rating to a “hold” rating in a research report on Friday, December 20th.

Employers Company Profile

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers’ compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.