Employers Holdings, Inc. (NYSE:EIG) declared a quarterly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Wednesday, November 6th will be given a dividend of 0.22 per share by the financial services provider on Wednesday, November 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Tuesday, November 5th.
Shares of EIG stock opened at $42.64 on Friday. The business’s fifty day moving average price is $42.97 and its 200 day moving average price is $42.76. Employers has a 1-year low of $39.31 and a 1-year high of $47.82. The firm has a market capitalization of $1.35 billion, a PE ratio of 10.37 and a beta of 0.70.
Employers (NYSE:EIG) last announced its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.28. Employers had a return on equity of 12.09% and a net margin of 18.73%. The firm had revenue of $198.40 million for the quarter, compared to analyst estimates of $203.58 million. During the same quarter in the prior year, the company posted $0.98 earnings per share. On average, equities research analysts anticipate that Employers will post 3.3 earnings per share for the current year.
Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels comprising its partners; and through national, regional, and local trade groups and associations, as well as directly to customers.
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