Employers Holdings Stock (NYSE:EIG), Trade Ideas

Employers Holdings

Employers Holdings Inc provides workers' compensation insurance, to small businesses in low- to medium-hazard industries. Its customers are employers, and the insurance premiums that those employers pay to account for company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has exposure to restaurants, which account for roughly a fourth of the total premiums the company earns. It operates as a single reportable segment, Insurance Operations, through itswholly owned subsidiaries.

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	Ascena Retail Group, Inc. (NASDAQ: ASNA) shares surged 119.8% to close at $1.29 on Friday. Ascena Retail shares dipped 26% on Thursday after the company filed voluntary Chapter 11 petitions.


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81 Biggest Movers From Friday

Employers Holdings Inc

8000 Inc

EIGER BIOPHARMACEUTICALS by Eiger BioPharmaceuticals, Inc.

Eiger BioPharmaceuticals Inc

Eightco Holdings Inc

Employers Holdings, Inc., (NYSE:<a href="https://www.benzinga.com/stock/EIG#NYSE">EIG</a>) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair. The Board of Directors has unanimously elected board member Jeanne L. Mockard as the incoming Board Chair, effective March 20, 2024.
Mr. McSally, who has served on the Board since 2013, and as Board Chair since 2020, will remain on the Board and will continue to serve as a member of the Human Capital Management and Compensation Committee. "I have enjoyed leading the Board and look forward to continuing to serve as a board member of this amazing organization. These are exciting times, and I believe we'll continue to thrive, led by our incoming Board Chair, Jeanne Mockard, and our outstanding Chief Executive Officer, Katherine Antonello."
"I am honored to serve in this important role and know that I have big shoes to fill," said Mockard. "Mike has been an excellent Board Chair and on behalf of the Board, I thank him for his leadership. I look forward to continuing to work with Mike, my board colleagues, Kathy, and our management team as we continue to lead this dynamic organization." Ms. Mockard joined the Board in 2018 and currently serves as the Chair of the Finance Committee and a member of the Audit Committee. Since 2009, Ms. Mockard has been the Principle at JLM Capital and Consulting, performing services as a consultant to financial and technology companies and as an investor in startup businesses. Prior to JLM Capital, she was a Managing Director and Portfolio Manager with Putnam Investments for over 20 years. Ms. Mockard is a chartered financial analyst and currently serves as a Director, member of the Audit Committee and chair of the Finance Committee of Nuclear Electric Insurance Limited, as a Director of Silent Spring Institute, as a member of the Endowment Committee for The Bryn Mawr School, and as the Chair of the Investment Committee and Treasurer of the Lutheran Deaconess Association.

Management

Employers Holdings, Inc. Announces  Michael J. McSally, Will Be Stepping Down As Board Chair; Jeanne L. Mockard As The New Board Chair, Effective March 20, 2024

Monday marks the last chance for investors to receive the next dividend payout from Employers Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIG#NYSE">EIG</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 28 cents per share. On Tuesday, Employers Holdings will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 28 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own EIG as of the end of Monday's session are eligible to receive the 28 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 13, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

Employers Holdings: Dividend Insights

<a href="https://pro.benzinga.com/?utm_source=insights">According to Benzinga Pro</a> following are the gainers and losers in <a href="https://www.benzinga.com/money/insurance/">Insurance</a> industry for today's Intraday session. 
<h3>Gainers</h3>
<ul>
<li>Marpai (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRAI#NASDAQ">MRAI</a>) stock moved upwards by 13.0% to $1.39 during Friday's regular session. Marpai's stock is trading at a volume of 65.3K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $12.6 million. </li>
<li>Mercury General (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCY#NYSE">MCY</a>) shares increased by 6.49% to $49.18. Trading volume for Mercury General's stock is 194.2K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $2.5 billion. As per the news, the Q4 earnings report came out 3 days ago. </li>
<li>American Coastal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) stock rose 2.99% to $13.12. As of 12:40 EST, this security is trading at a volume of 187.2K shares, making up 0% of its average full-day volume over the last 100 days. The company's market cap stands at $556.6 million. </li>
<li>FG Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGF#NASDAQ">FGF</a>) stock increased by 2.25% to $1.34. As of 12:40 EST, this security is trading at a volume of 3.1K shares, making up 0% of its average full-day volume over the last 100 days. The company's market cap stands at $13.3 million. </li>
<li>Employers Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIG#NYSE">EIG</a>) stock rose 2.23% to $44.29. Trading volume for Employers Holdings's stock is 130.6K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.1 billion. The company's, Q4 earnings came out yesterday. </li>
<li>Palomar Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLMR#NASDAQ">PLMR</a>) shares increased by 1.98% to $75.11. Trading volume for this security as of 12:40 EST is 171.6K, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.8 billion. As per the news, the Q4 earnings report came out 2 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) shares fell 5.33% to $44.67 during Friday's regular session. The current volume of 151.6K shares is 0% of CNA Financial's average full-day volume over the last 100 days (last updated at 12:40 EST). The market value of their outstanding shares is at $11.9 billion. </li>
<li>GoHealth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOCO#NASDAQ">GOCO</a>) stock declined by 5.16% to $13.35. GoHealth's stock is trading at a volume of 5.1K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $125.0 million. </li>
<li>Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) stock fell 3.67% to $1.05. Trading volume for Waterdrop's stock is 90.5K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $419.8 million. </li>
<li>Oxbridge Re Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXBR#NASDAQ">OXBR</a>) stock declined by 2.86% to $1.02. Oxbridge Re Holdings's stock is trading at a volume of 41.9K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $5.5 million. </li>
<li>Maiden Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MHLD#NASDAQ">MHLD</a>) shares declined by 2.81% to $1.7. Trading volume for Maiden Hldgs's stock is 35.9K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $176.6 million. </li>
<li>Fanhua (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANH#NASDAQ">FANH</a>) stock decreased by 2.78% to $5.25. Trading volume for Fanhua's stock is 3.3K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $310.3 million. </li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Insurance Stocks Moving In Friday's Intraday Session

Employers Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIG#NYSE">EIG</a>) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Employers Holdings beat estimated earnings by 29.63%, reporting an EPS of $1.4 versus an estimate of $1.08.
Revenue was up $3.90 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.01 which was followed by a 4.72% drop in the share price the next day.
Here's a look at Employers Holdings's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.69</td>
<td>0.96</td>
<td>0.58</td>
<td>0.84</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.68</td>
<td>1.17</td>
<td>0.60</td>
<td>1.25</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>214.70M</td>
<td>210.79M</td>
<td>206.81M</td>
<td>197.02M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>203.50M</td>
<td>215.20M</td>
<td>206.50M</td>
<td>221.80M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Employers Holdings <a href="https://www.benzinga.com/quote/EIG/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Employers Holdings: Q4 Earnings Insights

Employers Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIG#NYSE">EIG</a>) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.08 by 29.63 percent. The company reported quarterly sales of $225.70 million which beat the analyst consensus estimate of $215.38 million by 4.79 percent. This is a 1.76 percent increase over sales of $221.80 million the same period last year.

Earnings Beats

Employers Holdings Q4 2023 Adj EPS $1.40 Beats $1.08 Estimate, Sales $225.70M Beat $215.38M Estimate