Employers holdings director James Kroner sells $152,300 in stock

James R. Kroner, a director at Employers Holdings, Inc. (NYSE:EIG), has recently sold shares of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Kroner sold a total of 3,000 shares over two days, February 25 and 26. The transactions were executed at a weighted average price range between $50.50 and $50.90 per share, amounting to a total sale value of $152,300. The sale occurred with the stock trading near its 52-week high of $54.44, according to InvestingPro data.

Following these transactions, Kroner holds 24,458 shares indirectly through the James R. Kroner Living Trust. The sales were part of routine financial management, and Kroner remains a significant shareholder in the company, which specializes in fire, marine, and casualty insurance. With a market capitalization of $1.25 billion, Employers Holdings maintains strong financial health, boasting a "GREAT" overall score on InvestingPro’s comprehensive analysis. The company has maintained dividend payments for 19 consecutive years, demonstrating consistent shareholder returns. For detailed insights and additional financial metrics, investors can access the full Pro Research Report, available exclusively on InvestingPro.

In other recent news, Employers Holdings, Inc. reported its fourth-quarter 2024 earnings with an earnings per share (EPS) of $1.15, surpassing analyst expectations of $1.07. Despite this positive earnings result, the company’s revenue fell short, reaching $216.6 million compared to the forecasted $224.38 million. The company declared a $0.30 per share dividend for the first quarter of 2025, marking its ongoing commitment to returning value to shareholders. Employers Holdings achieved its 10th consecutive year of underwriting profit, maintaining a combined ratio of 95.5% for the quarter. Net premiums earned increased by 14% to $190 million, reflecting strong profitability despite revenue shortfalls. The company also announced that A.M. Best upgraded the financial strength ratings of its insurance companies to A, reinforcing its reliability in providing coverage. Additionally, Employers Holdings continues to expand its risk appetite and enhance digital partnerships, contributing to its growth strategy. The company anticipates an increase in the 2025 accident year loss and LAE ratio, but expects to mitigate this with further reductions in the expense ratio.

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