Media coverage about Employers Holdings (NYSE:EIG) has trended somewhat positive this week, according to Alpha One Sentiment Analysis. The research firm, a unit of Accern, scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Employers Holdings earned a media sentiment score of 0.24 on Alpha One’s scale. Alpha One also gave news articles about the financial services provider an impact score of 26 out of 100, indicating that recent press coverage is unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Alpha One Sentiment’s analysis:
- Employers Holdings Inc (EIG) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Employers : Moves Lower on Volume Spike for June 12 (4-traders.com)
- Insider Selling: Employers Holdings Inc (EIG) CEO Sells 83,890 Shares of Stock (americanbankingnews.com)
- EMPLOYERS® Names Jeffrey Shaw, as Vice President, Application Development, Data and Integration (finance.yahoo.com)
Shares of Employers Holdings (EIG) traded up 0.95% during mid-day trading on Friday, hitting $42.35. 191,981 shares of the company traded hands. The firm has a 50-day moving average price of $40.75 and a 200 day moving average price of $38.47. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 12.91 and a beta of 1.11. Employers Holdings has a 52-week low of $27.01 and a 52-week high of $43.55.
Employers Holdings (NYSE:EIG) last announced its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.06. The firm had revenue of $196.30 million during the quarter, compared to analyst estimates of $190.17 million. Employers Holdings had a return on equity of 9.83% and a net margin of 13.72%. Equities research analysts anticipate that Employers Holdings will post $2.22 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 24th. Investors of record on Wednesday, May 10th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.42%. Employers Holdings’s payout ratio is 18.35%.
Several analysts recently commented on the stock. Zacks Investment Research cut shares of Employers Holdings from a “buy” rating to a “hold” rating in a research note on Friday. ValuEngine upgraded shares of Employers Holdings from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
In related news, COO Stephen V. Festa sold 18,329 shares of Employers Holdings stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $39.26, for a total value of $719,596.54. Following the completion of the sale, the chief operating officer now directly owns 19,542 shares in the company, valued at $767,218.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas D. Dirks sold 83,890 shares of the business’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $41.93, for a total value of $3,517,507.70. Following the transaction, the chief executive officer now owns 409,535 shares of the company’s stock, valued at $17,171,802.55. The disclosure for this sale can be found here. 4.00% of the stock is owned by company 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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