Employers (NYSE:EIG – Get Free Report) will likely be posting its quarterly 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 Stock Performance
EIG stock opened at $48.41 on Thursday. The firm has a market cap of $1.20 billion, a PE ratio of 9.07 and a beta of 0.27. Employers has a one year low of $38.67 and a one year high of $54.44. The firm’s 50 day moving average price is $50.23 and its 200-day moving average price is $49.30.
Analysts Set New Price Targets
EIG has been the topic of several recent analyst reports. Truist Financial upped their price target on Employers from $55.00 to $58.00 and gave the company a “buy” rating in a research note on Friday, November 1st. StockNews.com lowered Employers from a “buy” rating to a “hold” rating in a research report on Friday, December 20th.
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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