Employers Holdings, Inc. (EIG) Stock

Employers Holdings, Inc. (EIG) is a Financials stock trading at $48.13 (as of 2026-08-21), with a market capitalization of $864.35M and a trailing P/E of 113.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Employers Holdings, Inc. (through its subsidiaries) operates in the commercial property and casualty insurance market, focusing on workers’ compensation coverage for small businesses in low to medium hazard industries in the United States. It distributes policies through independent agents and brokers, alternative channels, trade groups and associations, and direct sales to customers.

Understand Employers Holdings, Inc.: how it makes money

Employers Holdings sells workers’ compensation insurance for small businesses, primarily in the United States, and earns money from earned premiums, supported by investment income.

Profitability in the Employers segment comes from the combination of underwriting income and net investment income, which in turn depends on keeping policies (retention) and renewing at adequate premium levels (renewal premium decrease).

Revenue by segment (latest quarter)
Employers$0.2B
Cerity$0.0B
Serity$0.0B

Business quality (Weak): The quarter shows a clear operating picture for the Employers segment (earned premium plus underwriting and investment income) and measurable policy retention, but segment contribution from Cerity and Serity appears immaterial in the provided figures, and some operating detail (for example, gross margin) is not provided.

Valuation: At 101× earnings, EIG trades 692% above the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Strong retention and stable policy count: Policy Retention Rate Year to Date is 94%, and Ending Policies in Force is 130,321.
  • Employers segment shows positive underwriting and investment income: For the Employers segment, Underwriting Income is 0.02B and Net Investment Income is 0.02B, supporting a reported operating margin of 6.2%.

Bear case

  • Renewal premium is declining: Renewal Premium Decrease is 11%, which could pressure future earned premium even if retention remains high.
  • Non-Employers segment contribution appears negligible in this snapshot: The provided Cerity and Serity segment figures are 0.0B for earned premium and written premium, which limits diversification benefits you can see from segment mix here.
Valuation — source: SEC EDGAR (first-party)
Price$48.13
Market Cap$864.35M
P/E Ratio113.7
EV / EBITDA42.9
Price / Book1.01
Price / Sales1.03
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$858.70M
Net Margin1.3%
Revenue Growth (YoY)-10.6%
EPS Growth (YoY)29.0%
Valuation vs Sector & Industry
Stock P/E113.7
Sector P/E (Financials)15.1
Industry P/E (Insurance)13.0
vs Sector653.3%
vs Industry772.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($113.98M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorFinancials
IndustryInsurance
CEOKatherine Holt Antonello
Employees715
CountryUS
IPO Date2007-01-31

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EIG earnings history · EIG institutional & insider holders · EIG KPIs & operating metrics · EIG financials · EIG investor presentations & press releases · EIG SEC filings · EIG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.