How to Buy Employers Holdings Stock
Employers Holdings Inc
Employers Holdings is a specialty insurance company located in Nevada, United States, which is part of the Financial Services sector, and is traded under the ticker EIG on the NYSE exchange.
Employers Holdings stock last closed at $42.59, down 1.09% from the previous day, and has increased 5.53% in one year. It has underperformed other stocks in the Insurance - Specialty industry by 0.07 percentage points. Employers Holdings stock is currently +20.21% from its 52-week low of $35.43, and -8.96% from its 52-week high of $46.78.
As of Apr 30, 2024, there are 25.34M EIG shares outstanding. The market capitalization of EIG is $1.08B. In the past 24 hours, 262,261 EIG shares were traded.
How to Buy Employers Holdings Stock
Not sure how to invest in Employers Holdings stock? Here's how.
- Decide where to buy Employers Holdings stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Employers Holdings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your info.
- Evaluate Employers Holdings stock: The Employers Holdings ticker symbol is EIG. Is Employers Holdings stock a good investment? Should you buy shares of EIG? How do EIG's underlying business fundamentals look? Do top analysts think Employers Holdings is a good buy? Why has EIG's stock price moved recently? (Hint: Our stock research website can help you figure out if EIG is a good stock to buy).
- Make your EIG trade: Decide if you will purchase EIG shares at the current market price or use a limit order to buy EIG shares at a given price.
- Get the latest scoop on your EIG position: Create a watchlist to keep tabs on your investment in Employers Holdings shares.
Step 1: Decide where to buy Employers Holdings stock
You will need a brokerage account in order to access the NYSE market and buy EIG shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in EIG today.
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Step 3: Put funds into your brokerage account
Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Employers Holdings stock
Once you have identified the best place to buy Employers Holdings stock, it's absolutely critical to analyze their stock prior to buying, so you actually comprehend the risk and opportunity.
Employers Holdings shares at a glance
Fundamentals of Employers Holdings
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on EIG's stock page.
What is the fair value of EIG stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge EIG's intrinsic value.
Using relative valuations ratios:
- EIG could be undervalued based on its P/E ratio of 9x, relative to Insurance - Specialty industry P/E ratio of 27.67x
- EIG could be undervalued based on its P/B ratio of 1.06x, relative to Insurance - Specialty industry P/B ratio of 1.51x
You can access more valuation analysis on EIG's stock here.
How do EIG Financials look?
Positive Financial Indicators:
- EIG's operating cash flow of $45.70M allows it to safely service it's debt of $5.50M.
- EIG earnings of $158.10M is not enough to cover its interest payments.
- EIG profit margin has gone up from 9.7% to 14.2% in the past year.
- Total EIG debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- EIG has a relatively high debt to equity ratio of 2.5.
Do analysts think it's a good time to buy EIG stock
Out of 1 sell side analysts who give ratings on EIG, the consensus analyst rating on EIG is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Employers Holdings stock forecast page.
Metrics for Advanced EIG Traders
Is EIG Growing Revenue?
Last year, EIG earnings were $122.80M. Over the last five year, EIG's earnings have increased by -1.57% per year. This was slower than the Insurance - Specialty industry average of 2.87%.
Last year, EIG revenue was $867.50M. Over the past five year, EIG's revenue has grown by 0.82% per year. This was slower than the Insurance - Specialty industry average of 9.49%.
Find out more about EIG's earnings and revenue performance here.
Latest Insiders Trades at EIG
Over the past 12 months, executives and large shareholders at EIG have sold more shares than they have bought.
Katherine H. Antonello, President CEO of EIG, was the latest EIG insider to sell. They sold $160,938.08 worth of EIG shares on Mar 15, 2024.
Learn more about who owns EIG shares here.
Can I get consistent income from EIG stock?
Employers Holdings pays a dividend of 2.63%, compared to the Insurance - Specialty industry's average dividend yield of 11.34%. If you owned $1,000 worth of EIG stock, you would have been paid $26.30 last year.
Employers Holdings dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Employers Holdings dividend yield and history here.
EIG Social Trading Data
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Step 5: Make your EIG trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Click the Open button and your broker will place your order.
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Step 6: Get the latest scoop on your EIG position
Now that you own some shares in EIG, you'll want to keep up with your stock purchase.
Start a watchlist to see the latest developments about your EIG stock.
EIG Feed
How to Buy Stock in Employers Holdings
To summarize, here are the 6 steps to buy Employers Holdings stock:
- Decide where to buy Employers Holdings stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Employers Holdings stock
- Make your EIG trade
- Get the latest scoop on your EIG position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Employers Holdings, click below.
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