Media headlines about Employers Holdings (NYSE:EIG) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Employers Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.2633578212704 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- 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)
A number of analysts have recently weighed in on EIG shares. Zacks Investment Research raised Employers Holdings from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Wednesday, June 7th. ValuEngine raised Employers Holdings from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, BidaskClub downgraded Employers Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st.
Shares of Employers Holdings (NYSE EIG) traded up 0.70% during trading on Friday, hitting $43.35. The company had a trading volume of 54,786 shares. The company has a market capitalization of $1.41 billion, a P/E ratio of 13.42 and a beta of 1.09. The stock’s 50-day moving average price is $42.66 and its 200 day moving average price is $39.58. Employers Holdings has a 52 week low of $27.01 and a 52 week 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 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.05. Employers Holdings had a return on equity of 10.25% and a net margin of 13.72%. The company had revenue of $191.10 million for the quarter, compared to analyst estimates of $194.78 million. On average, equities research analysts forecast that Employers Holdings will post $2.20 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Wednesday, August 9th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Monday, August 7th. Employers Holdings’s dividend payout ratio is presently 18.63%.
In other news, CEO Douglas D. Dirks sold 83,890 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $41.93, for a total transaction of $3,517,507.70. Following the sale, the chief executive officer now owns 409,535 shares of the company’s stock, valued at approximately $17,171,802.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.00% of the stock is owned by insiders.
About Employers Holdings
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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