EIG - Employers Holdings Inc Stock Price, Fair Value and News

43.47USD-1.43 (-3.18%)Market Closed

Market Summary

USD43.47-1.43

Market Closed

-3.18%

EIG Stock Price

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EIG RSI Chart

EIG Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

9.62

Price/Sales (Trailing)

1.34

EV/EBITDA

5.72

Price/Free Cashflow

EIG Price/Sales (Trailing)

EIG Profitability

EBT Margin

17.43%

Return on Equity

11.65%

Return on Assets

3.33%

Free Cashflow Yield

4.35%

EIG Fundamentals

EIG Revenue

Revenue (TTM)

850.9M

Rev. Growth (Yr)

1.76%

Rev. Growth (Qtr)

10.91%

EIG Earnings

Earnings (TTM)

118.1M

Earnings Growth (Yr)

-3.29%

Earnings Growth (Qtr)

225.71%

Breaking Down EIG Revenue

Last 7 days

5.7%

Last 30 days

1.5%

Last 90 days

8.3%

Trailing 12 Months

6.0%

How does EIG drawdown profile look like?

EIG Financial Health

EIG Investor Care

Dividend Yield

2.45%

Dividend/Share (TTM)

1.1

Buy Backs (1Y)

6.75%

Diluted EPS (TTM)

4.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	768.0M	847.9M	847.0M	850.9M
2022	691.5M	655.4M	691.5M	713.5M
2021	727.5M	687.5M	674.0M	703.1M
2020	783.5M	790.6M	771.5M	731.9M
2019	832.7M	832.9M	805.0M	836.0M
2018	793.1M	804.0M	822.0M	800.4M
2017	784.1M	775.5M	793.6M	801.4M
2016	766.9M	777.8M	771.1M	779.8M
2015	762.2M	752.8M	760.2M	752.1M
2014	745.7M	764.4M	773.2M	773.5M
2013	615.3M	658.6M	690.8M	723.5M
2012	491.0M	519.8M	558.0M	579.2M
2011	434.0M	444.0M	454.1M	464.2M
2010	464.1M	436.4M	413.9M	423.9M
2009	0	429.8M	462.9M	495.9M
2008	0	0	0	396.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Employers Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	paquette michael scott	sold (taxes)	-86,147	44.36	-1,942	evp, chief financial officer
Mar 15, 2024	brown lori a.	sold (taxes)	-34,512	44.36	-778	evp, chief legal officer
Mar 15, 2024	rynard lindsey m.	sold (taxes)	-15,570	44.36	-351	chief sales officer
Mar 15, 2024	antonello katherine h.	sold (taxes)	-160,938	44.36	-3,628	president & ceo
Mar 15, 2024	smith ann marie	sold (taxes)	-13,796	44.36	-311	chief underwriting officer
Mar 15, 2024	mutschink john m.	sold (taxes)	-23,998	44.36	-541	evp, chief admin officer
Mar 15, 2024	ozuna christina m.	sold (taxes)	-12,553	44.36	-283	chief claims officer
Feb 26, 2024	rynard lindsey m.	acquired	-	-	1,840	chief sales officer
Feb 26, 2024	kage kelley f.	acquired	-	-	1,220	chief information officer
Feb 26, 2024	brown lori a.	acquired	-	-	3,480	evp, chief legal officer

Which funds bought or sold EIG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Robeco Institutional Asset Management B.V.	added	1.13	1,211,880	8,555,020	0.02%
Apr 24, 2024	Assenagon Asset Management S.A.	added	166	6,461,650	9,581,100	0.02%
Apr 23, 2024	WESBANCO BANK INC	new	-	1,161,980	1,161,980	0.04%
Apr 23, 2024	FIFTH THIRD BANCORP	added	25.93	479	1,543	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-11.39	8,000	377,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.55	68,193	576,453	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	49.00	363	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-7,442	533,161	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	25,614	393,925	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	88,000	711,000	0.01%

Are Funds Buying or Selling EIG?

Are funds buying EIG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EIG

No. of Funds

Unveiling Employers Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.26%	3,154,256	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.1%	2,089,817	SC 13G/A
Jan 23, 2024	blackrock inc.	14.4%	3,694,714	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.0%	2,162,352	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	11.80%	3,210,275	SC 13G/A
Jan 26, 2023	blackrock inc.	14.2%	3,860,948	SC 13G/A
Jan 20, 2023	blackrock inc.	14.2%	3,860,948	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G
Feb 08, 2022	dimensional fund advisors lp	7.8%	2,177,367	SC 13G/A

Recent SEC filings of Employers Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	PRE 14A	PRE 14A
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Employers Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.3B	10.1B	-3.58%	14.29%	52.91	5.1	17.79%	-12.97%
AIG	51.1B	46.8B	-2.09%	47.18%	14.02	1.09	-14.05%	-64.38%
TRV	48.9B	42.9B	-5.35%	20.38%	15.57	1.14	13.52%	12.15%
AFL	48.6B	18.7B	-0.62%	28.14%	10.44	2.6	-2.30%	5.45%
ACGL	34.9B	13.6B	2.42%	28.38%	7.85	2.56	41.83%	201.02%
AFG	10.8B	7.8B	-3.33%	8.21%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	10.0B	12.4B	-2.20%	29.55%	7.75	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-2.47%	51.84%	14.32	0.83	9.21%	132.28%
LNC	4.9B	11.6B	-4.15%	40.05%	-6.46	0.42	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.21%	50.85%	21.12	1.57	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-3.50%	9.50%	-18.22	1.35	24.25%	-115.79%
AMSF	974.4M	306.9M	3.35%	-3.65%	15.69	3.18	4.11%	11.70%
AMBC	657.1M	269.0M	-4.02%	-5.70%	146.03	2.44	-46.68%	-99.14%
AAME	39.0M	186.8M	-31.29%	-16.04%	-227.89	0.21	-0.56%	-111.21%

Employers Holdings Inc News

Latest updates

Employers Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	10.9%	226	204	215	207	222	204	135	152	200	168	171	164	171	182	211	168	210	201	204	220	179
Operating Expenses	-10.0%	168	186	171	178	166	181	157	155	131	150	139	136	111	144	137	172	169	160	155	159	149
EBITDA Margin	0.0%	0.19*	0.19*	0.19*	0.13*	0.09*	0.11*	0.11*	0.18*	0.22*	0.25*	0.27*	0.31*	0.21*	0.15*	-	-	-	-	-	-	-
Interest Expenses	-40.0%	1.00	1.00	2.00	2.00	2.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	0.00	0.00	0.00
Income Taxes	269.1%	13.00	3.00	9.00	5.00	9.00	5.00	-5.80	-0.20	14.00	4.00	6.00	5.00	16.00	7.00	15.00	-10.40	10.00	8.00	9.00	10.00	5.00
Earnings Before Taxes	234.2%	58.00	17.00	44.00	29.00	56.00	24.00	-21.40	-2.50	68.00	19.00	32.00	28.00	80.00	38.00	74.00	-45.30	41.00	41.00	50.00	62.00	31.00
EBT Margin	1.1%	0.17*	0.17*	0.18*	0.11*	0.08*	0.10*	0.10*	0.17*	0.21*	0.24*	0.26*	0.30*	0.20*	0.14*	-	-	-	-	-	-	-
Net Income	225.7%	46.00	14.00	35.00	24.00	47.00	19.00	-15.60	-2.30	55.00	15.00	26.00	23.00	64.00	31.00	60.00	-34.90	32.00	33.00	41.00	52.00	26.00
Net Income Margin	-1.7%	0.14*	0.14*	0.15*	0.10*	0.07*	0.08*	0.08*	0.14*	0.17*	0.19*	0.21*	0.24*	0.16*	0.11*	-	-	-	-	-	-	-
Free Cashflow	-100.0%	-	25.00	-7.80	4.00	32.00	-	21.00	17.00	20.00	-	-	-11.42	-14.62	19.00	12.00	15.00	10.00	70.00	22.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.7%	3,550	3,527	3,616	3,744	3,717	3,709	3,686	3,753	3,783	3,802	3,837	3,864	3,923	3,985	4,004	3,912	4,004	4,025	3,954	3,973	3,919
Cash Equivalents	108.1%	226	109	66.00	87.00	89.00	148	130	131	75.00	96.00	108	86.00	161	238	132	174	155	141	106	95.00	102
Net PPE	-7.1%	7.00	7.00	7.00	11.00	12.00	13.00	13.00	14.00	15.00	16.00	17.00	18.00	19.00	20.00	21.00	22.00	22.00	24.00	23.00	22.00	18.00
Goodwill	0%	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00
Liabilities	-2.7%	2,537	2,608	2,664	2,770	2,773	2,790	2,708	2,644	2,570	2,612	2,633	2,677	2,710	2,818	2,860	2,855	2,838	2,865	2,833	2,901	2,901
Shareholder's Equity	10.3%	1,014	919	952	974	944	919	978	1,109	1,213	1,190	1,204	1,187	1,213	1,167	1,144	1,057	1,166	1,160	1,122	1,072	1,018
Retained Earnings	2.8%	1,384	1,346	1,339	1,312	1,296	1,290	1,278	1,329	1,339	1,291	1,283	1,264	1,248	1,191	1,168	1,116	1,159	1,134	1,109	1,075	1,031
Additional Paid-In Capital	0.4%	420	418	417	416	415	413	412	411	411	409	407	408	404	402	399	397	396	393	390	388	389
Shares Outstanding	-1.4%	25.00	26.00	26.00	27.00	27.00	27.00	27.00	28.00	28.00	28.00	28.00	28.00	29.00	-	-	-	-	-	-	-	-
Float	-	-	-	976	-	-	-	834	-	-	-	859	-	-	-	630	-	-	-	998	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	9.1%	27,600	25,300	-7,800	4,300	32,300	29,600	21,100	16,800	20,100	15,400	-13,900	-10,800	-14,600	19,500	12,600	15,500	9,900	70,300	22,200	20,100	47,100
Share Based Compensation	30.8%	1,700	1,300	1,400	1,800	1,700	1,100	700	1,600	2,300	1,100	500	5,200	2,800	2,300	2,200	2,400	3,300	2,700	1,700	2,400	3,500
Cashflow From Investing	44.2%	152,300	105,600	106,600	12,800	-48,400	-53,400	-38,200	-6,100	-24,200	-7,600	69,900	-39,800	-22,700	102,600	-51,800	56,200	30,800	-24,100	32,600	9,900	-139,500
Cashflow From Financing	29.4%	-62,300	-88,300	-119,300	-19,600	-42,800	41,800	16,700	44,700	-16,400	-19,800	-33,800	-24,400	-39,700	-16,600	-3,100	-52,500	-26,100	-11,400	-43,800	-37,200	-10,600
Dividend Payments	-1.4%	7,200	7,300	7,600	7,600	41,000	7,200	34,700	7,400	7,500	6,600	7,200	7,700	7,200	7,500	7,800	8,000	6,500	7,100	7,400	7,300	6,800
Buy Backs	-5.2%	14,600	15,400	35,000	11,100	1,700	7,400	14,600	6,700	8,900	13,200	10,500	10,000	17,500	9,000	30,400	42,500	19,700	4,700	16,500	26,600	3,900

EIG Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Net premiums earned	$ 721.9	$ 675.2	$ 574.4
Net investment income	106.5	89.8	72.7
Net realized and unrealized gains (losses) on investments	22.7	(51.8)	54.6
Other (loss) income	(0.2)	0.3	1.4
Total revenues	850.9	713.5	703.1
Expenses
Losses and loss adjustment expenses	405.7	391.0	315.2
Commission expense	100.0	95.9	76.1
Underwriting and general and administrative expenses	180.0	167.3	160.2
Interest and financing expenses	5.8	3.5	0.5
Other expenses	11.0	0.0	4.1
Total expenses	702.5	657.7	556.1
Net income before income taxes	148.4	55.8	147.0
Income tax expense	30.3	7.4	27.7
Net income	118.1	48.4	119.3
Comprehensive income (loss)
Unrealized AFS investment gains (losses) during the period, net of tax (expense) benefit of $(12.3), $53.8, and $13.6 for the years ended December 31, 2023, 2022, and 2021, respectively	46.6	(202.3)	(51.3)
Reclassification adjustment for realized AFS investment losses (gains) in net income, net of tax (benefit) expense of $(1.7), $(0.8), and $0.9 for the years ended December 31, 2023, 2022, and 2021, respectively	(6.3)	(2.8)	3.2
Other comprehensive income (loss), net of tax	52.9	(199.5)	(54.5)
Total comprehensive income (loss)	$ 171.0	$ (151.1)	$ 64.8
Earnings per common share (Note 18):
Basic	$ 4.48	$ 1.76	$ 4.22
Diluted	4.45	1.75	4.17
Cash dividends declared per common share and eligible plan awards	$ 1.10	$ 3.28	$ 1.00

EIG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturity securities at fair value (amortized cost $2,048.0 at December 31, 2023 and $2,366.7 at December 31, 2022, less CECL allowance of $2.7 at December 31, 2023 and $4.5 at December 31, 2022)	$ 1,936.3	$ 2,186.3
Equity securities at fair value (cost $125.9 at December 31, 2023 and $144.2 at December 31, 2022)	211.2	197.0
Equity securities at cost	6.0	6.7
Other invested assets (cost $82.5 at December 31, 2023 and $54.4 at December 31, 2022)	91.5	59.7
Short-term investments at fair value (amortized cost $33.1 at December 31, 2023 and $119.1 at December 31, 2022)	33.1	119.1
Total investments	2,278.1	2,568.8
Cash and cash equivalents	226.4	89.2
Restricted cash and cash equivalents	0.2	0.2
Accrued investment income	16.3	19.0
Premiums receivable (less CECL allowance of $17.9 at December 31, 2023 and $12.8 at December 31, 2022)	359.4	305.9
Reinsurance recoverable for:
Paid losses	6.3	6.8
Unpaid losses (less CECL allowance of $0.9 at December 31, 2023 and $0.9 at December 31, 2022)	427.5	444.5
Deferred policy acquisition costs	55.6	48.3
Deferred Income Tax Assets, Net	43.4	62.7
Property and equipment, net	6.5	12.0
Operating lease right-of-use assets	5.1	11.5
Intangible assets, net	13.6	13.6
Goodwill	36.2	36.2
Contingent commission receivable–LPT Agreement	14.2	13.9
Cloud computing arrangements	28.0	42.9
Other assets	33.6	41.2
Total assets	3,550.4	3,716.7
Liabilities and stockholders' equity
Unpaid losses and loss adjustment expenses	1,884.5	1,960.7
Unearned premiums	379.7	339.5
Commissions and premium taxes payable	66.0	58.2
Accounts payable and accrued expenses	26.1	28.7
Deferred reinsurance gain—LPT Agreement	99.2	106.1
FHLB advances	0.0	182.5
Non-cancellable obligations	17.0	26.1
Operating lease liability	5.9	13.6
Other liabilities	58.1	57.1
Total liabilities	2,536.5	2,772.5
Commitments and contingencies (Note 12)
Stockholders' equity:
Common stock, $0.01 par value; 150,000,000 shares authorized; 58,055,968 and 57,876,287 shares issued and 25,369,753 and 27,160,748 shares outstanding at December 31, 2023 and 2022, respectively	0.6	0.6
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued	0.0	0.0
Additional paid-in capital	419.8	414.6
Retained earnings	1,384.3	1,295.6
Accumulated other comprehensive loss, net of tax	(86.0)	(138.9)
Treasury stock, at cost (32,686,215 shares at December 31, 2023 and 30,715,539 shares at December 31, 2022)	(704.8)	(627.7)
Total stockholders' equity	1,013.9	944.2
Total liabilities and stockholders' equity	$ 3,550.4	$ 3,716.7

About Employers Holdings Inc

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. The company markets its products through 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.

CEO	Ms. Katherine Holt Antonello FCAS, FSA, MAAA
WEBSITE	employers.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	676

Employers Holdings Inc Frequently Asked Questions

What is the ticker symbol for Employers Holdings Inc? What does EIG stand for in stocks?

EIG is the stock ticker symbol of Employers Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Employers Holdings Inc (EIG)?

As of Wed Apr 24 2024, market cap of Employers Holdings Inc is 1.14 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EIG stock?

You can check EIG's fair value in chart for subscribers.

What is the fair value of EIG stock?

You can check EIG's fair value in chart for subscribers. The fair value of Employers Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Employers Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EIG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Employers Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether EIG is over valued or under valued. Whether Employers Holdings Inc is cheap or expensive depends on the assumptions which impact Employers Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EIG.

What is Employers Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, EIG's PE ratio (Price to Earnings) is 9.62 and Price to Sales (PS) ratio is 1.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EIG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Employers Holdings Inc's stock?

In the past 10 years, Employers Holdings Inc has provided 0.104 (multiply by 100 for percentage) rate of return.