Shares of Employers Holdings Inc (EIG) Rise to a New 52-Week High

March 24, 2021 12:04:51

Shares of Employers Holdings Inc (NYSE:EIG) traded today at $41.30, eclipsing its 52-week high. Approximately 59,000 shares have changed hands today, as compared to an average 30-day volume of 232,000 shares.

Based on a current price of $41.30, Employers Holdings Inc is currently 2.7% above its average consensus analyst price target of $40.20.

In the past 52 weeks, shares of Employers Holdings Inc have traded between a low of $25.53 and a high of $41.30 and is now at $41.30, which is 62% above that low price.

Employers Holdings Inc provides workers’ compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay accounts for more than 90% of total 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 the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.

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