Employers (EIG)
Employers Altman Z-Score: -0.0169
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EIG Altman Z-Score Rankings
| Overall | 10th percentile | 3194 of 3550 |
| Sector | 15th percentile | 339 of 402 in Financial |
| Industry | 15th percentile | 67 of 79 in Property & Casualty Insurance |
EIG Altman Z-Score Range, Past 5 Years
| Minimum | -0.1065 | Mar 2009 |
| Maximum | 0.2875 | Jun 2007 |
| Average | 0.0264 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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EIG News
May 16, 2:04PM Business Wire
about 18 days ago by DynamicDividend
May 09, 6:42PM Business Wire
about 20 days ago by earningscast
May 08, 4:45PM Business Wire
about 32 days ago by RecogniaEvents
Apr 18, 6:34PM Business Wire
Apr 02, 9:30AM Business Wire
Mar 14, 10:00AM Business Wire
Mar 14, 10:00AM Business Wire
about 88 days ago by secretbonus
Feb 29, 6:31PM Business Wire
about 89 days ago by earningscast
Feb 29, 6:27AM Business Wire
Feb 28, 2:29PM Business Wire
about 90 days ago by earningscast
Feb 28, 10:28AM Business Wire
Feb 27, 4:47PM Street Insider
Feb 27, 4:45PM Business Wire
Feb 07, 11:00AM Business Wire
Jan 25, 9:00AM Business Wire
Jan 19, 9:00AM Business Wire
Dec 14, 8:30AM Business Wire
Dec 07, 11:00AM Business Wire
Nov 21, 2:26PM Business Wire
Nov 18, 3:12PM Business Wire
about 299 days ago by Benzinga
about 386 days ago by jimvanmeerten
about 451 days ago by jimvanmeerten
about 691 days ago by AlephBlog
about 824 days ago by specialsin
about 826 days ago by specialsin
about 830 days ago by LaMonicaBuzz
about 908 days ago by rfurlan
about 972 days ago by rfurlan
about 1107 days ago by fooltoby
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EIG | 17.31 | -0.09 | -0.52% | 564.31M |
| EIDO | 26.78 | -1.68 | -5.90% | |
| EIA | 12.99 | +0.14 | +1.09% | |
| EHTH | 16.57 | -0.17 | -1.02% | 322.78M |
| EHI | 12.95 | -0.01 | -0.08% | |
| EGY | 8.04 | -0.03 | -0.37% | 459.24M |
| EGT | 0.90 | +0.05 | +5.88% | 106.96M |
| EGRW | 47.51 | +0.00 | +0.00% | |
| EGP | 49.25 | -0.76 | -1.52% | 1.372B |
| EGOV | 10.99 | +0.05 | +0.46% | 717.65M |