Employers (NYSE:EIG – Get Free Report) is projected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect Employers to post earnings of $1.08 per share and revenue of $221.18 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Employers Price Performance
EIG stock opened at $48.41 on Thursday. The company has a market capitalization of $1.20 billion, a P/E ratio of 9.07 and a beta of 0.27. Employers has a 12 month low of $38.67 and a 12 month high of $54.44. The firm’s fifty day simple moving average is $50.23 and its 200-day simple moving average is $49.30.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on EIG shares. StockNews.com cut Employers from a “buy” rating to a “hold” rating in a report on Friday, December 20th. 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 report on Friday, November 1st.
About Employers
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.
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