OverviewSuggest Edit

EMC Insurance Group Inc. (EMCI) is a publicly held holding company that generates results from property and casualty insurance and reinsurance through subsidiary companies. EMCI’s common stock trades on the NASDAQ Global Select Market tier of the NASDAQ Stock Market under the symbol “EMCI.”
EMCI’s business is generated in conjunction with the operations of its parent corporation, Employers Mutual Casualty Company (EMCC), which is a mutual insurance company. The companies operate collectively under the trade name EMC Insurance Companies.

TypePublic
Founded1911
HQDes Moines, US
Websiteemcins.com
Employee Ratings3.6

Latest Updates

Job Openings13
Revenue (FY, 2018)$660.7 M
Share Price (Sept 2019)$36
Cybersecurity ratingBMore

Key People/Management at EMC Insurance Group

Bruce G. Kelley

Bruce G. Kelley

President, Chief Executive Officer

EMC Insurance Group Office Locations

EMC Insurance Group has offices in Des Moines, Birmingham, Bismarck, Brookfield and in 15 other locations
Des Moines, US (HQ)
717 Mulberry St
Birmingham, US
800 Concourse Pkwy #100
Bismarck, US
1838 E Interstate Ave
Brookfield, US
16455 W Bluemound Rd
Charlotte, US
11020 David Taylor Dr #205
Cincinnati, US
11311 Cornell Park Dr #500
Show all (26)

EMC Insurance Group Financials and Metrics

EMC Insurance Group Revenue

EMC Insurance Group's revenue was reported to be $660.73 m in FY, 2018
USD

Revenue (Q2, 2019)

186.9m

Gross profit (Q2, 2019)

64.4m

Gross profit margin (Q2, 2019), %

34.4%

Net income (Q2, 2019)

1.3m

Market capitalization (19-Sept-2019)

780.5m

Closing stock price (19-Sept-2019)

36.0

Cash (30-Jun-2019)

276.0k
EMC Insurance Group's current market capitalization is $780.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

472.6m511.9m568.4m594.5m623.7m645.0m658.8m660.7m

Cost of goods sold

303.4m333.3m385.5m370.7m386.9m422.0m457.2m

Gross profit

208.5m235.1m209.0m253.0m258.1m236.9m203.6m

Gross profit Margin, %

41%41%35%41%40%36%31%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

114.3m115.4m130.1m120.5m132.6m133.8m138.6m144.1m146.4m147.6m149.6m152.3m158.8m165.1m153.9m160.3m162.4m154.5m164.2m165.9m163.4m166.6m189.1m204.2m186.9m

Cost of goods sold

105.8m106.7m75.8m102.1m102.7m85.1m102.8m108.2m107.2m119.6m110.6m119.1m111.3m105.0m122.5m

Gross profit

41.7m43.0m76.6m56.7m62.4m68.8m57.5m54.2m56.9m46.3m52.8m47.5m77.8m99.3m64.4m

Gross profit Margin, %

28%29%50%36%38%45%36%33%35%28%32%29%41%49%34%
USDQ2, 2011

Financial Leverage

3.4 x
Show all financial metrics

EMC Insurance Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

EMC Insurance Group Online and Social Media Presence

Embed Graph

EMC Insurance Group News and Updates

Employers Mutual Casualty Company Completes Acquisition of All Remaining Shares of EMC Insurance Group Inc. After Receiving Overwhelming Shareholder Approval

DES MOINES, Iowa, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Employers Mutual Casualty Company (“EMCC”) today announced that it has successfully completed its previously announced acquisition of all of the remaining shares of EMC Insurance Group Inc. (Nasdaq: EMCI) (“EMCI”) that EMCC did not already own f…

Leading Independent Proxy Advisory Firm ISS Recommends EMC Insurance Group Inc. Shareholders Vote “FOR” Proposed Transaction

EMCI’s Board of Directors Urges Shareholders to Vote “FOR” the Transaction TODAY EMCI’s Board of Directors Urges Shareholders to Vote “FOR” the Transaction TODAY

EMC Insurance Group Inc. Announces Timing of 2019 Second Quarter Earnings Release

DES MOINES, Iowa, July 10, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (Nasdaq:EMCI) (the “Company”), today announced that 2019 second quarter earnings results will be released before the market opens on Thursday, August 8, 2019. The Company will not hold an earnings call due to the executio…

SHAREHOLDER ALERT: WeissLaw LLP Investigates EMC Insurance Group Inc.

NEW YORK, May 15, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of EMC Insurance Group Inc. ("EMCI" or the "Company") (NASDAQ: EMCI) in connection with the proposed merger of the Company with...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of EMC Insurance Group Inc.

NEW YORK, May 9, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against EMC Insurance Group Inc. (NASDAQ: EMCI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Employers Mutual Casualty Company....

EMC Insurance Group Inc. Reports 2019 First Quarter Results

First Quarter Ended March 31, 2019
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EMC Insurance Group Frequently Asked Questions

  • When was EMC Insurance Group founded?

    EMC Insurance Group was founded in 1911.

  • Who are EMC Insurance Group key executives?

    EMC Insurance Group's key executives are Bruce G. Kelley.

  • What is EMC Insurance Group revenue?

    Latest EMC Insurance Group annual revenue is $660.7 m.

  • Who are EMC Insurance Group competitors?

    Competitors of EMC Insurance Group include White Oak Underwriting Agency, Argo Group and Allied World Assurance.

  • Where is EMC Insurance Group headquarters?

    EMC Insurance Group headquarters is located at 717 Mulberry St, Des Moines.

  • Where are EMC Insurance Group offices?

    EMC Insurance Group has offices in Des Moines, Birmingham, Bismarck, Brookfield and in 15 other locations.

  • How many offices does EMC Insurance Group have?

    EMC Insurance Group has 26 offices.