Employers Holdings Management
Management criteria checks 4/4
Employers Holdings' CEO is Kathy Antonello, appointed in Apr 2021, has a tenure of 5.17 years. total yearly compensation is $3.26M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.85% of the company’s shares, worth $7.47M. The average tenure of the management team and the board of directors is 2.7 years and 6.2 years respectively.
Key information
Kathy Antonello
Chief executive officer
US$3.3m
Total compensation
| CEO salary percentage | 27.01% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.7yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
EIG: Higher Future P/E Assumptions Will Support A More Optimistic Outlook
Analysts have modestly adjusted their price target framework for Employers Holdings to around $49.00 per share. The revision reflects small tweaks to inputs such as the discount rate and the assumed future P/E, while keeping the estimated fair value broadly aligned with prior assessments.EIG: Higher Future P/E Assumptions Will Support A More Optimistic Outlook
Analysts have raised their price target on Employers Holdings from US$46 to US$49, citing updated assumptions regarding the discount rate, revenue growth, profit margins, and a higher future P/E multiple in their valuation work. Valuation Changes Fair value estimate raised from US$46 to US$49.0, a modest upward revision to the target level used in the model.Employers Holdings: Treading Water Amid Challenging Industry Dynamics
Summary Employers Holdings has faced ongoing challenges in the workers comp insurance sector, with stagnant pricing and rising claims costs limiting upside. EIG's underwriting remains comparatively solid, but combined ratios have worsened, leading to underwriting losses and a shift toward margin over growth. Recent rate increases in California offer some optimism, but premium growth and earnings acceleration remain uncertain in the near term. EIG is fairly valued in the mid-$40s; while well-run, the stock lacks a compelling catalyst for outperformance given current industry headwinds. Read the full article on Seeking AlphaAutomation And Labor Shifts Will Undermine Workers Compensation
The upward revision of Employers Holdings’ price target reflects improved consensus revenue growth forecasts and a higher future P/E, raising the fair value estimate from $43.00 to $46.00. What's in the News Completed repurchase of 541,363 shares (2.24% of shares outstanding) for $25.61 million under the buyback program.Automation And Labor Shifts Will Undermine Workers Compensation
The significant reduction in Employers Holdings’ analyst price target reflects sharply lower revenue growth expectations and a decline in net profit margin, with fair value now revised down to $43.00. What's in the News The company has repurchased 541,363 shares, representing 2.24% of shares outstanding, for $25.61 million, completing the buyback announced on May 1, 2025.Employers Holdings' (NYSE:EIG) Dividend Will Be Increased To $0.32
Employers Holdings, Inc. ( NYSE:EIG ) will increase its dividend from last year's comparable payment on the 28th of May...Employers Holdings Has Room To Grow
Summary Employers Holdings has shown record profitability post-pandemic, driven by reduced adverse expenses and increased in-force premiums, making it an attractive buy. The company excels in underwriting workers’ compensation insurance, maintaining a combined ratio of 96% in 2023, indicating consistent underwriting profits. Net operating profit after tax has grown from $91.25 million in 2019 to $109.14 million, with ROIC more than doubling to 8.9%. With a price-to-economic book value of 1.12, EIG is attractively valued, suggesting potential NOPAT growth of 12% from current levels. Read the full article on Seeking Alpha
Efficient Investment And Operational Gains Meet Challenges In Workers' Compensation Landscape
Efficient investment strategy and operational efficiencies are driving revenue growth and improving net margins, indicating potential for enhanced shareholder value.The Market Doesn't Like What It Sees From Employers Holdings, Inc.'s (NYSE:EIG) Earnings Yet
With a price-to-earnings (or "P/E") ratio of 9.2x Employers Holdings, Inc. ( NYSE:EIG ) may be sending bullish signals...Employers Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
The yearly results for Employers Holdings, Inc. ( NYSE:EIG ) were released last week, making it a good time to revisit...Employers Holdings: Solid Performance And Market Presence
Summary Employers Holdings has experienced volatile share prices but is growing its bottom line and has a low forward P/E ratio of 11. EIG has a sustainable dividend yield of 2.7% with a low payout ratio, making it an attractive investment. The company operates in the commercial property and casualty insurance sector, focusing on essential workers' compensation insurance services for small businesses. It has shown resilience in the labor market and has seen a steady increase in in-force premiums and policies. Read the full article on Seeking AlphaEmployers Holdings Non-GAAP EPS of $1.25 beats by $0.33, revenue of $221.8M beats by $24.78M
Employers Holdings press release (NYSE:EIG): Q4 Non-GAAP EPS of $1.25 beats by $0.33. Revenue of $221.8M (+11.0% Y/Y) beats by $24.78M. Gross premiums written of $173.8 million, up 22% year-over-year; Net premiums earned of $181.1 million, up 16% year-over-year; Favorable prior year loss reserve development of $23.2 million, versus $24.2 million a year ago; Returned $43.6 million to stockholders through a combination of share repurchases, quarterly and special dividends.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$8m |
| Dec 31 2025 | US$3m | US$881k | US$11m |
| Sep 30 2025 | n/a | n/a | US$63m |
| Jun 30 2025 | n/a | n/a | US$101m |
| Mar 31 2025 | n/a | n/a | US$103m |
| Dec 31 2024 | US$4m | US$797k | US$119m |
| Sep 30 2024 | n/a | n/a | US$136m |
| Jun 30 2024 | n/a | n/a | US$120m |
| Mar 31 2024 | n/a | n/a | US$123m |
| Dec 31 2023 | US$4m | US$702k | US$118m |
| Sep 30 2023 | n/a | n/a | US$120m |
| Jun 30 2023 | n/a | n/a | US$125m |
| Mar 31 2023 | n/a | n/a | US$74m |
| Dec 31 2022 | US$3m | US$672k | US$48m |
| Sep 30 2022 | n/a | n/a | US$56m |
| Jun 30 2022 | n/a | n/a | US$52m |
| Mar 31 2022 | n/a | n/a | US$94m |
| Dec 31 2021 | US$3m | US$600k | US$119m |
| Sep 30 2021 | n/a | n/a | US$129m |
| Jun 30 2021 | n/a | n/a | US$145m |
| Mar 31 2021 | n/a | n/a | US$178m |
| Dec 31 2020 | US$1m | US$435k | US$120m |
| Sep 30 2020 | n/a | n/a | US$88m |
| Jun 30 2020 | n/a | n/a | US$89m |
| Mar 31 2020 | n/a | n/a | US$70m |
| Dec 31 2019 | US$912k | US$155k | US$157m |
Compensation vs Market: Kathy's total compensation ($USD3.26M) is about average for companies of similar size in the US market ($USD3.64M).
Compensation vs Earnings: Kathy's compensation has been consistent with company performance over the past year.
CEO
Kathy Antonello (62 yo)
Ms. Katherine Holt Antonello, also known as Kathy, FCAS, FSA, MAAA, serves as President, Chief Executive Officer and Director at Employers Holdings, Inc. since April 1, 2021. At Elite Insurance Services, I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$3.26m | 0.85% $ 7.5m | |
| Executive VP & CFO | 1.3yrs | US$2.93m | 0.032% $ 279.4k | |
| Executive VP & Chief Administrative Officer | 4.8yrs | US$829.86k | 0.14% $ 1.3m | |
| Senior VP | 2.3yrs | US$749.09k | 0.045% $ 396.1k | |
| Senior Vice President of Treasury & Investments | 10.4yrs | no data | no data | |
| VP, Corporate Controller & Principal Accounting Officer | less than a year | no data | no data | |
| Senior VP & Chief Information Officer | 2.7yrs | no data | 0.0041% $ 36.4k | |
| Vice President of Corporate Marketing | no data | no data | no data | |
| Senior Vice President of Sales & CX | less than a year | no data | 0.036% $ 320.1k | |
| Senior VP & Chief Claims Officer | 3.7yrs | no data | 0.055% $ 482.0k | |
| Vice President and Corporate Controller | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data |
Experienced Management: EIG's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$3.26m | 0.85% $ 7.5m | |
| Independent Director | 1.3yrs | US$199.38k | 0.013% $ 115.8k | |
| Independent Chair | 8.3yrs | US$264.19k | 0.091% $ 801.6k | |
| Independent Director | 8.3yrs | US$208.89k | 0.087% $ 764.9k | |
| Independent Director | 2.3yrs | US$193.05k | 0.025% $ 219.0k | |
| Independent Director | 8.9yrs | US$217.07k | 0.092% $ 807.5k | |
| Independent Director | 7.2yrs | US$197.72k | 0.083% $ 726.5k | |
| Independent Director | 4.3yrs | US$198.36k | 0.048% $ 423.7k |
Experienced Board: EIG's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/24 09:16 |
| End of Day Share Price | 2026/06/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Employers Holdings, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Farnam | Brean Capital Historical (Janney Montgomery) |
| Matthew Carletti | Citizens JMP Securities, LLC |
| Karol Chmiel | Citizens JMP Securities, LLC |