EIG Stock Analysis: Employers Holdings | NYSE
Insurance - Specialty | NYSE, USA | Market Cap: 929m USD | 12M Return: 28.8% | US2922181043 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.17M
EPS Trend: -84.0%
Qual. Beats: 0
Rev. Trend: 5.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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. provider of workers compensation insurance and related services, operating through its subsidiaries. The company focuses on insuring small businesses operating in low to medium hazard industries, a segment where underwriting margins are often tied to state-regulated rate filings and claims experience.
The company distributes its products through multiple channels, including local, regional, specialty, and national insurance agents and brokers; national, regional, and local trade groups and associations; and direct-to-customer interactions. This multi-channel approach is typical of specialty Property & Casualty insurers that rely on independent agent networks to reach small commercial accounts.
Employers Holdings was founded in 2000, is headquartered in Reno, Nevada, and trades on the NYSE under the ticker EIG within the Financials sector (Property & Casualty Insurance sub-industry). Its small-cap market position reflects its niche focus on the workers compensation market rather than the broader commercial insurance landscape.
- Combined ratio improvement expands underwriting margins
- Net investment income benefits from higher interest rates
- Special dividends accelerate capital return to shareholders
| 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 (25.2m): -39.16 < 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: 3.36 > 6 (EBIT TTM 9.40m / 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 9.40m / Avg Total Assets 3.46b) |
| D: 0.34 (Book Value of Equity 858.8m / Total Liabilities 2.52b) |
| Altman-Z'' = 2.39 = 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 October 25, 2026, the stock is trading at USD 52.08 with a total of 107,726 shares traded. Over the past week, the price has changed by +1.70%, over one month by +8.98%, over three months by +5.98% and over the past year by +28.77%.
Current recommended Stop Loss: 49.70 (which is 4.6% or 2.1 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 | 3.7% |
P/E Trailing = 68.0263
P/E Forward = 13.6054
P/S = 1.1086
P/B = 0.9995
P/EG = 1.319
Revenue TTM = 837.3m USD
EBIT TTM = 9.40m USD
EBITDA TTM = 25.2m 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 = 928.6m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 3.36 (Ebit TTM 9.40m / Interest Expense TTM 2.80m)
EV/FCF = 43.80x (Enterprise Value 928.6m / FCF TTM 21.2m)
FCF Yield = 2.28% (FCF TTM 21.2m / Enterprise Value 928.6m)
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 = 0.27 (Enterprise Value 928.6m / Total Assets 3.38b)
Interest Expense / Debt = 2.12% (Interest Expense 2.80m / Debt 132.2m)
Taxrate = 16.14% (5.60m / 34.7m)
NOPAT = 7.88m (EBIT 9.40m * (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 = -39.16 (Net Debt -986.9m / EBITDA 25.2m)
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 = 0.89% (EBIT 9.40m / Capital Employed (Equity 930.0m + L.T.Debt 125.0m))
RoIC = 0.24% (NOPAT 7.88m / Invested Capital 3.33b)
WACC = 5.40% (E(928.6m)/V(1.06b) * Re(5.92%) + D(132.2m)/V(1.06b) * Rd(2.12%) * (1-Tc(0.16)))
Discount Rate = 5.92% (= 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=+0.00% | Revisions=-17% | Analysts=3
EPS current Year (2026-12-31): EPS=2.38 | Chg30d=-0.70% | Revisions=+40% | GrowthEPS=+156.3% | GrowthRev=-6.2%
EPS next Year (2027-12-31): EPS=2.52 | Chg30d=-1.31% | Revisions=-25% | GrowthEPS=+5.6% | GrowthRev=-9.0%
[Analyst] Revisions Ratio: +0% (up=3, down=3)