Published on 27 Apr 2024 on Simply Wall St. via Yahoo Finance
Is Employers Holdings, Inc.'s (NYSE:EIG) Recent Stock Performance Influenced By Its Financials In...
Employers Holdings' (NYSE:EIG) stock up by 6.3% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. Specifically, we decided to study Employers Holdings' ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.