Streetbeat News

EIG

Employers Holdings, Inc.

https://www.employers.com

Industry

Insurance - Specialty

Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels; and national, regional, and local trade groups and associations, as well as directly to customers. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.

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Truist Securities has maintained a Buy rating on Employers Holdings (NYSE:EIG) and raised the price target from $55 to $58.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 2:33 pm

Employers Holdings reported Q3 earnings of $0.81 per share, beating estimates of $0.78, marking a 19.12% increase from last year. However, sales of $224M missed the $225.19M estimate, though they increased by 10.07% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:06 pm

Employers Holdings, Inc. (NYSE:EIG) has announced the appointment of Michael Pedraja as the new Executive Vice President and CFO, effective March 31, 2025. He will succeed Michael Paquette, who is retiring.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:17 pm

Employers Holdings (NYSE:EIG) reported Q2 2024 adjusted EPS of $1.10, beating the estimate of $1.08, but sales of $217 million missed the $223.82 million estimate. EPS decreased by 5.98% year-over-year, while sales increased by 0.84%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:16 pm

Employers Holdings (NYSE:EIG) reported Q1 2024 earnings of $0.67 per share, missing the consensus estimate of $0.71 by 5.63%. However, their quarterly sales of $223.100M exceeded expectations of $217.457M by 2.60%, marking an 8.04% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:33 pm

Employers Holdings, Inc. (NYSE:EIG) announced a leadership change with Michael J. McSally stepping down as Board Chair, to be succeeded by Jeanne L. Mockard on March 20, 2024. McSally, who has been on the Board since 2013 and Chair since 2020, will remain a board member. Mockard, a board member since 2018, brings extensive financial and investment experience to her new role.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:36 pm

Employers Holdings (NYSE:EIG) announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the payout on March 13, 2024. The stock is expected to open 28 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:45 pm

In Friday's intraday session, insurance stocks saw significant movements. Marpai, Mercury General, American Coastal, FG Finl Gr, Employers Holdings, and Palomar Hldgs were among the gainers, with increases ranging from 1.98% to 13.0%. On the downside, CNA Financial, GoHealth, Waterdrop, Oxbridge Re Holdings, Maiden Hldgs, and Fanhua experienced declines between 2.78% and 5.33%. Notably, Mercury General, Employers Holdings, and Palomar Hldgs recently released their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:40 pm

Employers Holdings (NYSE:EIG) reported Q4 earnings with a 29.63% beat on EPS estimates, reporting $1.4 versus the expected $1.08. Revenue increased by $3.90 million from the same period last year. Despite a slight miss in the previous quarter's EPS, which led to a 4.72% drop in share price, the company has shown varied performance over the past quarters.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 9:25 pm

Employers Holdings (NYSE:EIG) reported Q4 2023 adjusted EPS of $1.40, surpassing the $1.08 estimate, with sales of $225.70M also beating the $215.38M estimate. This represents a 1.76% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:20 pm

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