Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Employers (EIG) Stock Price

News coverage about Employers (NYSE:EIG) has been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Employers earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.2993280775262 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of equities analysts have issued reports on EIG shares. Zacks Investment Research lowered shares of Employers from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. SunTrust Banks reissued a “buy” rating and set a $53.00 price target on shares of Employers in a research report on Friday, October 27th. Finally, ValuEngine lowered shares of Employers from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $47.33.

Shares of Employers (EIG) opened at $43.20 on Monday. The company has a market cap of $1,401.02, a P/E ratio of 13.54 and a beta of 1.14. Employers has a one year low of $35.60 and a one year high of $50.45.

Employers (NYSE:EIG) last issued its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08. The business had revenue of $210.50 million for the quarter, compared to analysts’ expectations of $193.04 million. Employers had a net margin of 13.32% and a return on equity of 10.39%. research analysts predict that Employers will post 2.39 earnings per share for the current year.

In other news, EVP John P. Nelson sold 3,400 shares of the firm’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $44.56, for a total transaction of $151,504.00. Following the sale, the executive vice president now owns 20,377 shares of the company’s stock, valued at approximately $907,999.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John P. Nelson sold 9,825 shares of Employers stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $45.68, for a total transaction of $448,806.00. Following the completion of the sale, the executive vice president now directly owns 23,802 shares in the company, valued at approximately $1,087,275.36. The disclosure for this sale can be found here. Insiders have sold a total of 83,525 shares of company stock worth $4,050,555 in the last ninety days. Corporate insiders own 3.50% of the company’s stock.

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About Employers

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.

Insider Buying and Selling by Quarter for Employers (NYSE:EIG)

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