Tearsheet

Employers (EIG)


Market Price (5/4/2026): $41.94 | Market Cap: $811.9 Mil
Sector: Financials | Industry: Property & Casualty Insurance

Employers (EIG)


Market Price (5/4/2026): $41.94
Market Cap: $811.9 Mil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -125%

Attractive yield
Dividend Yield is 3.5%

Low stock price volatility
Vol 12M is 26%

Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -69%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 77x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x, P/EPrice/Earnings or Price/(Net Income) is 99x

Key risks
EIG key risks include [1] significant underwriting losses driven by the escalating frequency and severity of its California cumulative trauma claims.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -125%
1 Attractive yield
Dividend Yield is 3.5%
2 Low stock price volatility
Vol 12M is 26%
3 Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -69%
4 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 77x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x, P/EPrice/Earnings or Price/(Net Income) is 99x
5 Key risks
EIG key risks include [1] significant underwriting losses driven by the escalating frequency and severity of its California cumulative trauma claims.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Employers (EIG) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. Poor Q4 2025 Financial Results Triggered Initial Decline.

Employers (EIG) stock experienced a significant drop, falling over 10% on February 20, 2026, following the release of its Q4 2025 earnings report. The company reported a net loss of $23.4 million, or $1.06 per diluted share, a substantial decline from a profit in the prior year. Additionally, Q4 2025 revenue decreased by 21.3% year-over-year to $170.5 million, missing analyst estimates, and results included $49.7 million in realized and unrealized investment losses.

2. Continued Underwriting Losses and Reduced Profitability in Q1 2026.

The company's Q1 2026 results, reported on April 29, 2026, showed further pressure on profitability, with adjusted net income decreasing by 52% year-over-year to $10.3 million from $21.3 million. The GAAP combined ratio worsened to 107.1% from 102.0% in Q1 2025, indicating an underwriting loss. This was partly due to an increased loss and loss adjustment expense (LAE) ratio of 71.4%, driven by higher cumulative trauma claims in California.

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Stock Movement Drivers

Fundamental Drivers

The -3.2% change in EIG stock from 1/31/2026 to 5/3/2026 was primarily driven by a -86.3% change in the company's Net Income Margin (%).
(LTM values as of)13120265032026Change
Stock Price ($)43.2941.92-3.2%
Change Contribution By: 
Total Revenues ($ Mil)905864-4.5%
Net Income Margin (%)6.9%0.9%-86.3%
P/E Multiple16.199.0514.7%
Shares Outstanding (Mil)231920.1%
Cumulative Contribution-3.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/3/2026
ReturnCorrelation
EIG-3.2% 
Market (SPY)3.6%6.8%
Sector (XLF)-2.3%23.6%

Fundamental Drivers

The 11.7% change in EIG stock from 10/31/2025 to 5/3/2026 was primarily driven by a 609.0% change in the company's P/E Multiple.
(LTM values as of)103120255032026Change
Stock Price ($)37.5341.9211.7%
Change Contribution By: 
Total Revenues ($ Mil)905864-4.5%
Net Income Margin (%)6.9%0.9%-86.3%
P/E Multiple14.099.0609.0%
Shares Outstanding (Mil)231920.1%
Cumulative Contribution11.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/3/2026
ReturnCorrelation
EIG11.7% 
Market (SPY)5.5%1.4%
Sector (XLF)-0.0%30.8%

Fundamental Drivers

The -11.1% change in EIG stock from 4/30/2025 to 5/3/2026 was primarily driven by a -92.9% change in the company's Net Income Margin (%).
(LTM values as of)43020255032026Change
Stock Price ($)47.1541.92-11.1%
Change Contribution By: 
Total Revenues ($ Mil)881864-1.9%
Net Income Margin (%)13.5%0.9%-92.9%
P/E Multiple9.899.0906.8%
Shares Outstanding (Mil)251927.7%
Cumulative Contribution-11.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/3/2026
ReturnCorrelation
EIG-11.1% 
Market (SPY)30.4%15.6%
Sector (XLF)8.1%39.9%

Fundamental Drivers

The 15.0% change in EIG stock from 4/30/2023 to 5/3/2026 was primarily driven by a 641.5% change in the company's P/E Multiple.
(LTM values as of)43020235032026Change
Stock Price ($)36.4441.9215.0%
Change Contribution By: 
Total Revenues ($ Mil)76886412.5%
Net Income Margin (%)9.7%0.9%-90.2%
P/E Multiple13.399.0641.5%
Shares Outstanding (Mil)271940.4%
Cumulative Contribution15.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/3/2026
ReturnCorrelation
EIG15.0% 
Market (SPY)78.7%23.1%
Sector (XLF)64.3%48.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EIG Return32%13%-6%33%-13%-2%58%
Peers Return27%11%16%31%13%0%145%
S&P 500 Return27%-19%24%23%16%5%92%

Monthly Win Rates [3]
EIG Win Rate50%50%67%67%42%75% 
Peers Win Rate57%53%62%68%60%45% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
EIG Max Drawdown-5%-17%-16%-1%-28%-9% 
Peers Max Drawdown-6%-11%-14%-1%-7%-9% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: HIG, FNF, CB, PGR, TRV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)

How Low Can It Go

EventEIGS&P 500
2023 SVB Regional Banking Crisis
  % Loss-15.8%-6.7%
  % Gain to Breakeven18.7%7.1%
  Time to Breakeven262 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-17.0%-24.5%
  % Gain to Breakeven20.4%32.4%
  Time to Breakeven21 days427 days
2020 COVID-19 Crash
  % Loss-37.4%-33.7%
  % Gain to Breakeven59.8%50.9%
  Time to Breakeven337 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-17.0%-12.2%
  % Gain to Breakeven20.4%13.9%
  Time to Breakeven23 days62 days
2014-2016 Oil Price Collapse
  % Loss-10.5%-6.8%
  % Gain to Breakeven11.7%7.3%
  Time to Breakeven35 days15 days
2013 Taper Tantrum
  % Loss-13.3%-0.2%
  % Gain to Breakeven15.4%0.2%
  Time to Breakeven65 days1 days

Compare to HIG, FNF, CB, PGR, TRV

In The Past

Employers's stock fell -5.5% during the 2025 US Tariff Shock. Such a loss loss requires a 5.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventEIGS&P 500
2020 COVID-19 Crash
  % Loss-37.4%-33.7%
  % Gain to Breakeven59.8%50.9%
  Time to Breakeven337 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-27.2%-17.9%
  % Gain to Breakeven37.3%21.8%
  Time to Breakeven57 days123 days
2008-2009 Global Financial Crisis
  % Loss-52.3%-53.4%
  % Gain to Breakeven109.7%114.4%
  Time to Breakeven638 days1085 days

Compare to HIG, FNF, CB, PGR, TRV

In The Past

Employers's stock fell -5.5% during the 2025 US Tariff Shock. Such a loss loss requires a 5.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Employers (EIG)

Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels; and national, regional, and local trade groups and associations, as well as directly to customers. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.

AI Analysis | Feedback

Here are 1-3 brief analogies for Employers Holdings, Inc. (EIG):

  • They're like the Progressive of workers' compensation insurance for small businesses.

  • Imagine State Farm, but focused exclusively on workers' compensation for small businesses.

  • Think of them as the ADP for small business workers' compensation insurance.

AI Analysis | Feedback

  • Workers' Compensation Insurance: Provides insurance policies to small businesses covering costs associated with work-related injuries and illnesses for their employees.

AI Analysis | Feedback

Employers Holdings, Inc. (EIG) sells primarily to other companies, specifically small businesses.

Based on the company description, its major customers are:

  • Small businesses in low to medium hazard industries that require workers' compensation insurance.

The company does not publicly disclose the names of its individual small business customers, as its customer base consists of a large number of diverse small enterprises rather than a few major named corporations.

AI Analysis | Feedback

  • Guidewire Software, Inc. (GWRE)

AI Analysis | Feedback

Katherine H. Antonello President and Chief Executive Officer

Katherine H. Antonello has served as the President and Chief Executive Officer of Employers Holdings, Inc. since April 2021. She possesses extensive actuarial expertise and a deep understanding of the insurance industry, holding designations as a Fellow of the Casualty Actuarial Society (FCAS), a Fellow of the Society of Actuaries (FSA), and a Member of the American Academy of Actuaries (MAAA).

Michael A. Pedraja Executive Vice President, Chief Financial Officer

Michael A. Pedraja is the Executive Vice President and Chief Financial Officer of Employers Holdings, Inc., officially assuming the role on or around March 31, 2025. He brings over 30 years of experience in corporate finance within the insurance sector. His career includes significant positions such as Group CFO for Ariel Re Services, and senior roles at The Allstate Corporation, Aon Securities, Barclays, and Credit Suisse. Mr. Pedraja holds a bachelor's degree in accounting from DePaul University.

John M. Mutschink Executive Vice President, Chief Administrative Officer

John M. Mutschink serves as the Executive Vice President, Chief Administrative Officer for Employers Holdings, Inc.

Lori A. Brown Executive Vice President, Chief Legal Officer and General Counsel

Lori A. Brown holds the position of Executive Vice President, Chief Legal Officer and General Counsel at Employers Holdings, Inc.

Ann Marie Smith Senior Vice President, Chief Actuarial and Underwriting Officer

Ann Marie Smith is the Senior Vice President, Chief Actuarial and Underwriting Officer for Employers Holdings, Inc.

AI Analysis | Feedback

The key risks to Employers Holdings, Inc. (EIG) are as follows:

1. Concentration Risk and Surge in California Cumulative Trauma Claims

Employers Holdings, Inc. faces significant risk due to its concentrated business in California, which accounts for approximately 45% of its premiums. The company has experienced an unexpected and substantial surge in cumulative trauma (CT) claims in California, leading to a deterioration in underwriting profitability and requiring significant strengthening of prior-year reserves. This issue has directly impacted the company's financial performance, contributing to underwriting losses and a sharp increase in the GAAP combined ratio.

2. Underwriting Profitability and Pricing in a Competitive Market

The company operates in a highly competitive workers' compensation insurance market characterized by stagnant pricing and rising claims costs. This environment puts continuous pressure on EIG's underwriting discipline, leading to challenges in maintaining profitability. Inaccurate estimates of expected losses and loss adjustment expenses (LAE) can result in mispriced policies, further contributing to underwriting losses. EIG's combined ratio has worsened, indicating a decline in core underwriting profitability.

3. Regulatory Restrictions on Subsidiary Dividend Payments

As a holding company, Employers Holdings, Inc. relies on dividends from its insurance subsidiaries to fund its operations and capital management strategies. However, state regulations impose significant restrictions on the amount these subsidiaries can pay out in dividends. This limitation can reduce the holding company's financial flexibility, particularly if the subsidiaries face financial strains or require capital for their own operations, potentially impacting EIG's ability to return capital to shareholders or manage its overall liquidity.

AI Analysis | Feedback

The rise of Insurtech companies specializing in small business workers' compensation insurance poses a clear emerging threat. These companies leverage advanced data analytics, artificial intelligence, and streamlined digital platforms to offer more tailored policies, faster quotes, potentially lower premiums, and a more user-friendly experience, directly challenging traditional insurers' market share and operational efficiency in EIG's core segment.

AI Analysis | Feedback

Employers Holdings, Inc. (EIG) operates in the workers' compensation insurance industry primarily in the United States, focusing on small businesses in low to medium hazard industries. The addressable market for their main product, workers' compensation insurance, in the U.S. is estimated to be approximately $51.2 billion in 2025.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Employers Holdings, Inc. (EIG) over the next 2-3 years:

  1. Growth in New and Renewal Premiums: The company has demonstrated steady growth in written premiums, driven by increases in both new business and renewal policies. In 2023, gross written premium growth was a result of a 20% increase in new business and a 9% increase in renewal business. This trend of increasing policy count and premium volume is expected to continue, supported by ongoing appetite expansion initiatives.
  2. Launch and Expansion of Excess Workers' Compensation Product: EIG has strategically expanded its product portfolio with the launch of a new Excess Workers' Compensation insurance product. This product targets large self-insured employers, groups, and public entities, marking a new market opportunity that management believes could be a meaningful top-line revenue growth driver, with submissions expected to commence in early 2026.
  3. Growth in Cerity® Digital-First Policy Volume: The company's digital-first platform, Cerity®, is positioned as a direct-to-consumer workers' compensation solution. This platform is expected to continue capturing new business and contributing to overall growth.
  4. Net Investment Income: Investment performance has been a significant contributor to EIG's revenue. Net investment income increased by 19% in 2023 and continued to rise in 2025, increasing by 17.6% in Q4 2025 due to private equity investment return distributions and a higher book yield on its fixed-income portfolio. Continued effective investment strategies are anticipated to boost revenue.
  5. Underwriting and Pricing Actions: While primarily aimed at profitability, recent underwriting and pricing adjustments, particularly in response to increased California cumulative trauma claims, are expected to stabilize loss ratios and improve overall underwriting income. This focus on disciplined risk management and improved profitability for its core insurance business provides a sustainable foundation for future revenue growth.

AI Analysis | Feedback

Share Repurchases

  • Employers Holdings, Inc. returned $215.4 million to stockholders through share repurchases and regular quarterly dividends in 2025.
  • In January 2026, the company completed a $125 million recapitalization plan, which included the repurchase of 2,981,141 shares at an average price of $42.00 per share.
  • As of February 18, 2026, the company had a remaining share repurchase authorization of $53.1 million. Additionally, an increase of $125.0 million to the existing 2025 share repurchase program was approved in October 2025, expanding the aggregate share repurchase authority to $250.0 million.

Share Issuance

  • No significant share issuances by Employers Holdings, Inc. have been reported in the last 3-5 years.

Outbound Investments

  • Employers Holdings, Inc. launched a new Excess Workers' Compensation insurance product in February 2026, expanding its portfolio to serve large self-insured employers and public entities.

Capital Expenditures

  • Capital expenditures for Employers Holdings, Inc. were notably low at approximately $3.7 million (TTM as of Q3 2025), which is characteristic of a non-capital-intensive insurance company.
  • The company's strategic focus includes investments in technology, such as the aggressive adoption of AI tools to accelerate product development, and maintaining automation and digital distribution investments.

Trade Ideas

Select ideas related to EIG.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
1.5%1.5%0.0%
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
7.1%7.1%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-4.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EIGHIGFNFCBPGRTRVMedian
NameEmployersHartford.Fidelity.Chubb Progress.Traveler. 
Mkt Price41.92135.8151.63326.22199.31304.72167.56
Mkt Cap0.837.514.0127.4116.965.651.5
Rev LTM86428,45114,14161,19987,63748,94238,696
Op Inc LTM-------
FCF LTM305,8205,68115,19717,20011,4448,632
FCF 3Y Avg535,2296,23214,44214,1429,5267,879
CFO LTM325,9825,82815,19717,54811,4448,713
CFO 3Y Avg565,4086,37414,44214,4379,5267,950

Growth & Margins

EIGHIGFNFCBPGRTRVMedian
NameEmployersHartford.Fidelity.Chubb Progress.Traveler. 
Rev Chg LTM0.4%6.3%5.9%8.4%16.3%4.1%6.1%
Rev Chg 3Y Avg4.2%8.2%7.5%11.3%21.0%9.1%8.6%
Rev Chg Q2.5%5.6%12.0%10.7%12.2%1.0%8.1%
QoQ Delta Rev Chg LTM0.6%1.4%3.1%2.4%2.9%0.2%1.9%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM3.7%21.0%41.2%24.8%20.0%23.4%22.2%
CFO/Rev 3Y Avg6.5%20.2%49.5%25.6%19.1%20.5%20.3%
FCF/Rev LTM3.4%20.5%40.2%24.8%19.6%23.4%21.9%
FCF/Rev 3Y Avg6.1%19.5%48.4%25.6%18.7%20.5%20.0%

Valuation

EIGHIGFNFCBPGRTRVMedian
NameEmployersHartford.Fidelity.Chubb Progress.Traveler. 
Mkt Cap0.837.514.0127.4116.965.651.5
P/S0.91.31.02.11.31.31.3
P/Op Inc-------
P/EBIT77.37.28.58.48.16.68.2
P/E99.09.223.211.310.38.610.8
P/CFO25.16.32.48.46.75.76.5
Total Yield4.5%12.5%8.2%10.1%12.1%12.3%11.1%
Dividend Yield3.5%1.6%3.9%1.2%2.5%0.7%2.0%
FCF Yield 3Y Avg4.8%15.1%42.8%12.3%11.5%16.2%13.7%
D/E0.20.10.30.10.10.10.1
Net D/E-1.3-0.5-1.9-0.2-0.1-1.4-0.9

Returns

EIGHIGFNFCBPGRTRVMedian
NameEmployersHartford.Fidelity.Chubb Progress.Traveler. 
1M Rtn-0.2%-0.3%13.0%-0.6%2.1%3.6%0.9%
3M Rtn-3.2%1.0%-4.0%5.7%-4.1%7.5%-1.1%
6M Rtn11.7%10.3%-1.1%18.5%2.9%14.3%11.0%
12M Rtn-12.3%9.9%-14.5%15.0%-25.0%15.8%-1.2%
3Y Rtn16.1%110.8%80.4%74.0%73.0%79.8%76.9%
1M Excs Rtn-7.5%-9.1%1.8%-10.2%-6.9%-5.1%-7.2%
3M Excs Rtn-7.4%-3.2%-8.2%1.5%-8.3%3.3%-5.3%
6M Excs Rtn0.8%7.0%-5.5%13.1%-3.0%9.7%3.9%
12M Excs Rtn-40.9%-17.3%-43.0%-14.3%-54.5%-12.6%-29.1%
3Y Excs Rtn-69.2%31.7%-2.3%-6.8%-15.3%4.1%-4.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Insurance Operations881851714  
Cerity   43
Corporate and Other   0-1
Employers   699709
Total881851714703711


Net Income by Segment
$ Mil20252024202320222021
Insurance Operations11911848  
Total11911848  


Price Behavior

Price Behavior
Market Price$41.92 
Market Cap ($ Bil)0.9 
First Trading Date01/31/2007 
Distance from 52W High-13.8% 
   50 Days200 Days
DMA Price$41.03$41.50
DMA Trenddowndown
Distance from DMA2.2%1.0%
 3M1YR
Volatility26.9%25.4%
Downside Capture0.250.22
Upside Capture19.8313.44
Correlation (SPY)8.2%15.6%
EIG Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.160.270.14-0.010.320.34
Up Beta-0.16-0.15-0.010.290.550.43
Down Beta-2.58-0.14-0.120.030.210.34
Up Capture40%56%18%-3%9%8%
Bmk +ve Days15223166141428
Stock +ve Days12233470127396
Down Capture177%53%34%-29%46%52%
Bmk -ve Days4183056108321
Stock -ve Days10203054122346

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EIG
EIG-11.1%25.5%-0.50-
Sector ETF (XLF)8.2%14.7%0.3239.9%
Equity (SPY)30.6%12.5%1.8815.6%
Gold (GLD)39.5%27.2%1.20-8.5%
Commodities (DBC)51.5%17.9%2.20-9.2%
Real Estate (VNQ)13.1%13.5%0.6734.4%
Bitcoin (BTCUSD)-17.1%42.2%-0.334.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EIG
EIG4.7%23.9%0.16-
Sector ETF (XLF)9.8%18.7%0.4048.6%
Equity (SPY)12.8%17.1%0.5928.5%
Gold (GLD)20.5%17.9%0.94-3.4%
Commodities (DBC)14.3%19.1%0.614.7%
Real Estate (VNQ)3.5%18.8%0.0933.2%
Bitcoin (BTCUSD)7.7%56.2%0.356.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EIG
EIG6.9%26.7%0.28-
Sector ETF (XLF)12.6%22.2%0.5252.5%
Equity (SPY)14.9%17.9%0.7139.1%
Gold (GLD)13.6%15.9%0.71-3.8%
Commodities (DBC)9.7%17.7%0.4611.8%
Real Estate (VNQ)5.7%20.7%0.2438.1%
Bitcoin (BTCUSD)67.7%66.9%1.076.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity1.2 Mil
Short Interest: % Change Since 3312026-11.1%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest4.4 days
Basic Shares Quantity19.4 Mil
Short % of Basic Shares6.0%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/19/2026-7.7%-2.7%-7.2%
10/30/2025-6.4%-6.0%-1.3%
7/30/2025-9.5%-8.4%-5.2%
5/1/20252.4%2.6%1.9%
2/20/20250.3%4.8%1.4%
10/30/20241.6%11.9%11.9%
7/31/2024-3.6%-5.0%0.1%
4/25/20241.1%-0.7%-4.4%
...
SUMMARY STATS   
# Positive11911
# Negative101210
Median Positive3.0%3.6%2.4%
Median Negative-5.2%-3.9%-1.7%
Max Positive11.1%13.4%24.3%
Max Negative-9.5%-8.4%-13.6%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/01/202610-Q
12/31/202502/26/202610-K
09/30/202510/31/202510-Q
06/30/202508/01/202510-Q
03/31/202505/02/202510-Q
12/31/202402/28/202510-K
09/30/202411/01/202410-Q
06/30/202408/02/202410-Q
03/31/202404/26/202410-Q
12/31/202302/26/202410-K
09/30/202310/27/202310-Q
06/30/202307/28/202310-Q
03/31/202304/28/202310-Q
12/31/202202/24/202310-K
09/30/202210/28/202210-Q
06/30/202207/29/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 4/29/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Dividends 0.34 6.2% Higher NewActual: 0.32 for Q1 2026
2026 Share Repurchases 125.00 Mil    

Prior: Q4 2025 Earnings Reported 2/19/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Dividends 0.32    

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ozuna, Christina MChief Claims OfficerDirectSell311202639.884,500179,460598,519Form
2Smith, Ann MarieChief Actuarial and UW OfficerDirectSell311202639.295,000196,450341,980Form
3Pedraja, MichaelEVP, Chief Financial OfficerDirectBuy224202639.732,00079,460787,846Form
4Pedraja, MichaelEVP, Chief Financial OfficerDirectBuy1104202537.095,500203,995661,315Form
5Pedraja, MichaelEVP, Chief Financial OfficerDirectBuy805202540.045,000200,200493,693Form