Stephen Festa - Employers Holdings Chief Operating Officer, Executive Vice President

EIG Stock  USD 44.90  0.27  0.60%   

President

Mr. Stephen V. Festa is Chief Operating Officer, Executive Vice President of Employers Holdings, Inc. He has served as President, Chief Operating Officer of EICN, ECIC, EPIC, and EAC since July 2018. Prior to that, he had served as Executive Vice President, Chief Operating Officer of EICN, ECIC, EPIC, EAC and as Senior Vice President, Chief Claims Officer of EICN and ECIC, EPIC, EAC, and EIG Services, Inc. . Mr. Festa also serves as a Director of EICN, ECIC, EPIC, and EAC, and EIG Services, Inc. . Mr. Festa also serves as a member on the Board of Governors of the California Insurance Guarantee Association. He attended the University of Southern California and has completed the Advanced Executive Education Program sponsored by the American Institute for Chartered Property Casualty Underwriters and the Wharton School of the University of Pennsylvania. since 2013.
Age 59
Tenure 11 years
Address 2340 Corporate Circle, Henderson, NV, United States, 89074
Phone888 682 6671
Webhttps://www.employers.com
Festa also serves as a member on the Board of Governors of the California Insurance Guarantee Association. He also previously served as Director of Arbitration Forums, Inc. He attended the University of Southern California and has completed the Advanced Executive Education Program sponsored by the American Institute for Chartered Property Casualty Underwriters and the Wharton School of the University of Pennsylvania.

Employers Holdings Management Efficiency

The company has Return on Asset of 0.0284 % which means that on every $100 spent on assets, it made $0.0284 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1206 %, implying that it generated $0.1206 on every 100 dollars invested. Employers Holdings' management efficiency ratios could be used to measure how well Employers Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The Employers Holdings' current Return On Capital Employed is estimated to increase to 0.35, while Return On Tangible Assets are projected to decrease to 0.03. At this time, Employers Holdings' Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. The Employers Holdings' current Other Current Assets is estimated to increase to about 690.7 M, while Non Current Assets Total are projected to decrease to roughly 2.4 B.
The company has 6.1 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. Employers Holdings has a current ratio of 2.2, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Employers Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Employers Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Employers Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Employers to invest in growth at high rates of return. When we think about Employers Holdings' use of debt, we should always consider it together with cash and equity.

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Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada. Employers Holdings operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 608 people. Employers Holdings (EIG) is traded on New York Stock Exchange in USA. It is located in 2340 Corporate Circle, Henderson, NV, United States, 89074 and employs 717 people. Employers Holdings is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Employers Holdings Leadership Team

Elected by the shareholders, the Employers Holdings' board of directors comprises two types of representatives: Employers Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Employers. The board's role is to monitor Employers Holdings' management team and ensure that shareholders' interests are well served. Employers Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Employers Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christina Ozuna, Senior Officer
Katherine Antonello, President, Chief Executive Officer, Director
Terry Eleftheriou, CFO and Executive VP
Valerie Glenn, Independent Director
FCAS FSA, CEO Pres
Lindsey Rynard, Senior Officer
Joao Figueiredo, Independent Director
Bertrum Carroll, Chief VP
Kelley Kage, Senior Officer
Raymond Wise, VP Officer
Ann Nelson, Executive Vice President - Corporate and Public Affairs
Michael Paquette, Chief Financial Officer, Executive Vice President, IR Contact Officer
Vicki Mills, Vice President - Investor Relations
Jeffrey Shaw, Executive Vice President, Chief Information Officer
Richard Blakey, Independent Director
Christopher Laws, Executive Vice President Chief Actuary
Michael McSally, Independent Chairman of the Board
Dennis Dix, VP Innovation
Katherine Ong, Independent Director
Barbara Higgins, Independent Director
George Carbonar, Vice Controller
James Kroner, Independent Director
Prasanna Dhore, Independent Director
Richard Hallman, Executive Vice President CIO
Matthew Hendricksen, Senior Investments
Stephen Festa, Chief Operating Officer, Executive Vice President
Ann Smith, Senior Officer
Michael Rumbolz, Independent Chairman of the Board
Jeanne Mockard, Independent Director
Lori Brown, Executive Vice President, General Counsel, Secretary, Chief Legal Officer
Lenard Ormsby, Chief Legal Officer, Executive VP and General Counsel
Bryan Ware, Executive Vice President Chief Actuary
Ty Vukelich, Vice Marketing
Ronald Mosher, Independent Director
John Nelson, Executive Vice President, Chief Administrative Officer
Tracey Berg, Executive Vice President, Chief Innovation Officer
Alejandro Tenessa, Director
Douglas Dirks, CEO and President Director, Member of Executive Committee and Member of Fin. Committee
Robert Kolesar, Independent Chairman of the Board
John Mutschink, Executive Vice President Chief Administrative Officer
Michael McColgan, Independent Director

Employers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Employers Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Employers Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Employers Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Employers Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Employers Stock

  0.78AIZ Assurant Financial Report 7th of May 2024 PairCorr
  0.7AXS AXIS Capital Holdings Earnings Call Next WeekPairCorr

Moving against Employers Stock

  0.69ITIC Investors TitlePairCorr
The ability to find closely correlated positions to Employers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Employers Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Employers Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Employers Holdings to buy it.
The correlation of Employers Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Employers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Employers Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Employers Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Employers Stock analysis

When running Employers Holdings' price analysis, check to measure Employers Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Employers Holdings is operating at the current time. Most of Employers Holdings' value examination focuses on studying past and present price action to predict the probability of Employers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Employers Holdings' price. Additionally, you may evaluate how the addition of Employers Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Employers Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Employers Holdings. If investors know Employers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Employers Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.028
Dividend Share
1.1
Earnings Share
4.45
Revenue Per Share
32.269
Quarterly Revenue Growth
0.018
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.