EIG Stock Analysis: Employers Holdings | NYSE
Insurance - Specialty | NYSE, USA | Market Cap: 883m USD | 12M Return: 20% | US2922181043 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.91M
EPS Trend: -84.0%
Qual. Beats: 0
Rev. Trend: 5.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Employers Holdings, Inc. (NYSE: EIG) is a U.S. workers compensation insurance provider focused on small businesses operating in low to medium hazard industries. The company distributes its policies through independent agents and brokers at the local, regional, specialty, and national levels, as well as through trade groups, associations, and direct-to-customer channels. Founded in 2000 and headquartered in Reno, Nevada, EIG has been publicly traded since its January 2007 IPO and is classified within the Property & Casualty Insurance sub-industry of the Financials sector.
Workers compensation insurance is a state-regulated line of coverage, with most U.S. states requiring employers to carry policies that pay for medical expenses and lost wages related to workplace injuries. Insurers in this niche typically generate premium revenue and investment income on float, and profitability is heavily influenced by underwriting discipline, loss reserve development, and state-level pricing regulations.
- Net investment income expands on higher interest rates
- Combined ratio trends signal disciplined underwriting margin
- Aggressive share repurchases boost earnings per share
| Net Income: 7.60m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.48 > 1.0 |
| NWC/Revenue: 35.83% < 20% (prev -63.77%; Δ 99.60% < -1%) |
| CFO/TA 0.01 > 3% & CFO 22.0m > Net Income 7.60m |
| Net Debt (-986.9m) to EBITDA (10.3m): -95.82 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (18.3m) vs 12m ago -24.22% < -2% |
| Gross Margin: 37.50% > 18% (prev 33.70%; Δ 3.80% > 0.5%) |
| Asset Turnover: 24.19% > 50% (prev 25.10%; Δ -0.92% > 0%) |
| Interest Coverage Ratio: 2.36 > 6 (EBIT TTM 6.60m / Interest Expense TTM 2.80m) |
| A: 0.09 (Total Current Assets 2.78b - Total Current Liabilities 2.48b) / Total Assets 3.38b |
| B: 0.44 (Retained Earnings 1.48b / Total Assets 3.38b) |
| C: 0.00 (EBIT TTM 6.60m / Avg Total Assets 3.46b) |
| D: 0.34 (Book Value of Equity 858.8m / Total Liabilities 2.52b) |
| Altman-Z'' = 2.38 = BBB |
| DSRI: 0.44 (Receivables 332.1m/805.0m, Revenue 837.3m/889.5m) |
| GMI: 0.90 (GM 33.70% / 37.50%) |
| AQI: 0.36 (AQ_t 0.17 / AQ_t-1 0.48) |
| SGI: 0.94 (Revenue 837.3m / 889.5m) |
| TATA: -0.00 (NI 7.60m - CFO 22.0m) / TA 3.38b) |
| Beneish M = -4.00 (Cap -4..+1) = AAA |
As of September 05, 2026, the stock is trading at USD 49.89 with a total of 103,976 shares traded. Over the past week, the price has changed by +1.77%, over one month by -0.81%, over three months by +14.45% and over the past year by +20.04%.
Current recommended Stop Loss: 48.30 (which is 3.2% or 1.5 ATR below the current price).
Employers Holdings has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold EIG.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 54 | 8.2% |
P/E Trailing = 62.2405
P/E Forward = 13.6054
P/S = 1.0543
P/B = 1.0252
P/EG = 1.319
Revenue TTM = 837.3m USD
EBIT TTM = 6.60m USD
EBITDA TTM = 10.3m USD
Long Term Debt = 125.0m USD (from longTermDebt, last quarter)
Short Term Debt = 400k USD (from shortTermDebt, last quarter)
Debt = 132.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 3.60m
Net Debt = -986.9m USD (calculated: Debt 132.2m - CCE 1.12b)
Enterprise Value = 883.1m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 2.36 (Ebit TTM 6.60m / Interest Expense TTM 2.80m)
EV/FCF = 41.66x (Enterprise Value 883.1m / FCF TTM 21.2m)
FCF Yield = 2.40% (FCF TTM 21.2m / Enterprise Value 883.1m)
FCF Margin = 2.53% (FCF TTM 21.2m / Revenue TTM 837.3m)
Net Margin = 0.91% (Net Income TTM 7.60m / Revenue TTM 837.3m)
Gross Margin = 37.50% ((Revenue TTM 837.3m - Cost of Revenue TTM 523.3m) / Revenue TTM)
Gross Margin QoQ = 44.46% (prev 37.81%)
Tobins Q-Ratio = 0.26 (Enterprise Value 883.1m / Total Assets 3.38b)
Interest Expense / Debt = 2.12% (Interest Expense 2.80m / Debt 132.2m)
Taxrate = 16.14% (5.60m / 34.7m)
NOPAT = 5.53m (EBIT 6.60m * (1 - 16.14%))
Current Ratio = 1.12 (Total Current Assets 2.78b / Total Current Liabilities 2.48b)
Debt / Equity = 0.15 (Debt 132.2m / totalStockholderEquity, last quarter 858.8m)
Debt / EBITDA = -95.82 (Net Debt -986.9m / EBITDA 10.3m)
Debt / FCF = -46.55 (Net Debt -986.9m / FCF TTM 21.2m)
Total Stockholder Equity = 930.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.22% (Net Income 7.60m / Total Assets 3.38b)
RoE = 0.82% (Net Income TTM 7.60m / Total Stockholder Equity 930.0m)
RoCE = 0.63% (EBIT 6.60m / Capital Employed (Equity 930.0m + L.T.Debt 125.0m))
RoIC = 0.17% (NOPAT 5.53m / Invested Capital 3.33b)
WACC = 5.83% (E(883.1m)/V(1.02b) * Re(6.44%) + D(132.2m)/V(1.02b) * Rd(2.12%) * (1-Tc(0.16)))
Discount Rate = 6.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -71.09 | Cagr: -13.79%
[DCF] Terminal Value 73.10% ; FCFF base≈42.6m ; Y1≈37.4m ; Y5≈30.2m
[DCF] Fair Price = 81.92 (EV 484.5m - Net Debt -986.9m = Equity 1.47b / Shares 18.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -83.97 | EPS CAGR: -50.28% | SUE: 0.14 | # QB: 0
Revenue Correlation: 5.90 | Revenue CAGR: 0.15% | SUE: 0.72 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.57 | Chg30d=-6.02% | Revisions=-17% | Analysts=3
EPS current Year (2026-12-31): EPS=2.40 | Chg30d=+3.60% | Revisions=+40% | GrowthEPS=+158.1% | GrowthRev=-6.2%
EPS next Year (2027-12-31): EPS=2.55 | Chg30d=-0.65% | Revisions=-25% | GrowthEPS=+6.2% | GrowthRev=-9.0%
[Analyst] Revisions Ratio: +0% (up=3, down=3)