Erie Indemnity（ERIE）株式概要エリー・インデミュニティ・カンパニーは、米国のエリー保険取引所において、加入者の代理人として運営している。 詳細ERIE ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績3/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より19.8%で取引されている 2.77%の安定した配当金を支払う リスク分析ERIE リスクチェックを通過した。すべてのリスクチェックを見るERIE Community Fair Values Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.NEW478,154 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA478,154 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$210.8616.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue US$6.9bEarnings US$966.6mAdvancedSet Fair ValueView all narrativesErie Indemnity Company 競合他社American Financial GroupSymbol: NYSE:AFGMarket cap: US$11.8bFidelity National FinancialSymbol: NYSE:FNFMarket cap: US$13.7bAssurantSymbol: NYSE:AIZMarket cap: US$13.7bOld Republic InternationalSymbol: NYSE:ORIMarket cap: US$10.0b価格と性能株価の高値、安値、推移の概要Erie Indemnity過去の株価現在の株価US$210.8652週高値US$380.6752週安値US$204.63ベータ0.291ヶ月の変化-0.37%3ヶ月変化-15.28%1年変化-42.29%3年間の変化0.41%5年間の変化14.19%IPOからの変化1,204.29%最新ニュースお知らせ • Jul 17Erie Indemnity Company to Report Q2, 2026 Results on Jul 30, 2026Erie Indemnity Company announced that they will report Q2, 2026 results After-Market on Jul 30, 2026Buy Or Sell Opportunity • Jul 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$210. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.Upcoming Dividend • Jun 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 21 July 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (2.5%).分析記事 • Jun 17Erie Indemnity (ERIE) Stock Could Be 14.1% Below Fair Value Despite Premium P EErie Indemnity (ERIE) has drawn investor attention after recent share price swings, with the stock up slightly over the past month but down over the past 3 months and year to date. See our latest analysis for Erie Indemnity. At a share price of $225.64, Erie Indemnity’s recent moves reflect fading momentum, with the share price down over the past quarter and year to date, while the 3 and 5 year total shareholder returns remain positive. If recent moves in Erie Indemnity have you reassessing...Recent Insider Transactions • Jun 07Independent Director recently bought US$1.5m worth of stockOn the 2nd of June, Elizabeth Ann Vorsheck bought around 7k shares on-market at roughly US$211 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.4m more in shares than they have sold in the last 12 months.Buy Or Sell Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$208. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.最新情報をもっと見るRecent updatesお知らせ • Jul 17Erie Indemnity Company to Report Q2, 2026 Results on Jul 30, 2026Erie Indemnity Company announced that they will report Q2, 2026 results After-Market on Jul 30, 2026Buy Or Sell Opportunity • Jul 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$210. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.Upcoming Dividend • Jun 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 21 July 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (2.5%).分析記事 • Jun 17Erie Indemnity (ERIE) Stock Could Be 14.1% Below Fair Value Despite Premium P EErie Indemnity (ERIE) has drawn investor attention after recent share price swings, with the stock up slightly over the past month but down over the past 3 months and year to date. See our latest analysis for Erie Indemnity. At a share price of $225.64, Erie Indemnity’s recent moves reflect fading momentum, with the share price down over the past quarter and year to date, while the 3 and 5 year total shareholder returns remain positive. If recent moves in Erie Indemnity have you reassessing...Recent Insider Transactions • Jun 07Independent Director recently bought US$1.5m worth of stockOn the 2nd of June, Elizabeth Ann Vorsheck bought around 7k shares on-market at roughly US$211 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.4m more in shares than they have sold in the last 12 months.Buy Or Sell Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$208. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.Buy Or Sell Opportunity • May 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to US$211. The fair value is estimated to be US$264, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.Seeking Alpha • Apr 29Erie Indemnity: Quality Remains, But Growth Is SlowingSummary Erie Indemnity Company faces slowing premium growth, with Q1 2026 direct written premiums up only 3.6% and policy count down 1.7%. Aggressive price hikes have pressured customer retention (down to 88%) and led to a shrinking client base, challenging ERIE’s commission-driven model. Shares trade at a 21.5x P/E, well above sector averages but 30% below ERIE’s five-year historical premium, reflecting market doubts on future growth. Risks include total dependency on Erie Insurance Exchange, capped management fees, legal challenges, and potential for further margin compression. Read the full article on Seeking AlphaDeclared Dividend • Apr 27Dividend of US$1.46 announcedShareholders will receive a dividend of US$1.46. Ex-date: 7th July 2026 Payment date: 21st July 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Apr 24New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 186% Dividend yield: 2.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: US$3.26 (vs US$2.65 in 1Q 2025)First quarter 2026 results: EPS: US$3.26 (up from US$2.65 in 1Q 2025). Revenue: US$1.01b (up 2.3% from 1Q 2025). Net income: US$150.5m (up 8.7% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 07Erie Indemnity Company to Report Q1, 2026 Results on Apr 23, 2026Erie Indemnity Company announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026Upcoming Dividend • Mar 31Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 April 2026. Payment date: 21 April 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.7%).お知らせ • Mar 25Erie Indemnity Company, Annual General Meeting, Apr 21, 2026Erie Indemnity Company, Annual General Meeting, Apr 21, 2026. Location: in the auditorium of the f.w. hirt, perry square building, located at 100 erie insurance place,erie, pennsylvania 16530., United StatesDeclared Dividend • Feb 26Fourth quarter dividend of US$1.46 announcedShareholders will receive a dividend of US$1.46. Ex-date: 7th April 2026 Payment date: 21st April 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.Reported Earnings • Feb 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$10.70 (down from US$11.48 in FY 2024). Revenue: US$4.07b (up 7.2% from FY 2024). Net income: US$559.3m (down 6.8% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 20+ 1 more updateErie Indemnity Company Announces Retirement of Tim Necastro as President, Effective December 31, 2026Erie Indemnity Company announced that Tim NeCastro will retire as president on December 31, 2026, concluding a 30-year career with the company, including 10 years as CEO. NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service. NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service. NeCastro joined Erie Insurance in 1996 and held senior leadership roles in internal audit, finance, product and policy services, and regional field operations. In 2014, he led the company's expansion into Kentucky, marking Erie Insurance's entry into its 12th state. As CEO, NeCastro guided the organization through several significant milestones, including celebrating the company's 100th anniversary in 2025. His leadership emphasized care for employees, agents and customers while reinforcing ERIE's values and promise of service. An Erie native, NeCastro has also been active in community and economic development efforts in the company's hometown. He is the founding board president of the Erie Downtown Development Corp., which has supported investment and revitalization in downtown Erie. He has also served in leadership and advisory roles with civic, philanthropic and industry organizations at the local, state and national levels. Following his retirement as CEO, NeCastro will continue to serve the company and community as president of the Erie Insurance Foundation, a private charitable foundation established to support long-term charitable giving and community impact aligned with ERIE's values. The board of directors will immediately begin the process to identify a successor. NeCastro will remain in his role through the end of the year, ensuring continuity throughout the search and transition.Buy Or Sell Opportunity • Feb 10Now 22% overvaluedOver the last 90 days, the stock has fallen 1.5% to US$279. The fair value is estimated to be US$228, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 5.6% in a year. Earnings are forecast to grow by 7.1% in the next year.お知らせ • Feb 03Erie Indemnity Company to Report Q4, 2025 Results on Feb 23, 2026Erie Indemnity Company announced that they will report Q4, 2025 results After-Market on Feb 23, 2026Upcoming Dividend • Dec 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 06 January 2026. Payment date: 21 January 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.3%).Declared Dividend • Dec 16Third quarter dividend increased to US$1.46Dividend of US$1.46 is 7.1% higher than last year. Ex-date: 6th January 2026 Payment date: 21st January 2026 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 12Erie Indemnity Company Declares Regular Quarterly Cash Dividend, Payable on Jan. 21, 2026The Board of Erie Indemnity Company also agreed to increase the regular quarterly cash dividend from $1.365 to $1.4625 on each Class A share and from $204.75 to $219.375 on each Class B share. This represents a 7.1 percent increase in the payout per share over the current dividend rate. The next quarterly dividend is payable Jan. 21, 2026, to shareholders of record as of Jan. 6, 2026, with a dividend ex-date of Jan. 6, 2026.お知らせ • Oct 23Erie Indemnity Company to Report Q3, 2025 Results on Oct 30, 2025Erie Indemnity Company announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025Upcoming Dividend • Sep 29Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 06 October 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.0%).Declared Dividend • Aug 13Second quarter dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 6th October 2025 Payment date: 21st October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$2.56. Revenue: US$1.06b (up 7.0% from 2Q 2024). Net income: US$174.7m (up 6.6% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Insurance industry in the US.分析記事 • Jul 29Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Jul 29Erie Indemnity Company to Report Q2, 2025 Results on Aug 07, 2025Erie Indemnity Company announced that they will report Q2, 2025 results After-Market on Aug 07, 2025Upcoming Dividend • Jul 01Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 08 July 2025. Payment date: 22 July 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.9%).Declared Dividend • Apr 30Dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 8th July 2025 Payment date: 22nd July 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 25First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$3.00 (up from US$2.38 in 1Q 2024). Revenue: US$989.4m (up 12% from 1Q 2024). Net income: US$138.4m (up 11% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) missed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.お知らせ • Apr 09Erie Indemnity Company to Report Q1, 2025 Results on Apr 24, 2025Erie Indemnity Company announced that they will report Q1, 2025 results After-Market on Apr 24, 2025Upcoming Dividend • Mar 31Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 07 April 2025. Payment date: 22 April 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.8%).お知らせ • Mar 24Erie Indemnity Company, Annual General Meeting, Apr 22, 2025Erie Indemnity Company, Annual General Meeting, Apr 22, 2025. Location: in the auditorium of the f.w. hirt, perry square building, located at 100 erie insurance place, erie, pennsylvania 16530, United StatesDeclared Dividend • Mar 06Fourth quarter dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 7th April 2025 Payment date: 22nd April 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.Reported Earnings • Feb 28Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$13.00 (up from US$8.53 in FY 2023). Revenue: US$3.80b (up 16% from FY 2023). Net income: US$600.3m (up 35% from FY 2023). Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 04Erie Indemnity Company to Report Q4, 2024 Results on Feb 27, 2025Erie Indemnity Company announced that they will report Q4, 2024 results After-Market on Feb 27, 2025Upcoming Dividend • Dec 31Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 07 January 2025. Payment date: 22 January 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.9%).Declared Dividend • Dec 16Third quarter dividend increased to US$1.37Dividend of US$1.37 is 7.1% higher than last year. Ex-date: 7th January 2025 Payment date: 22nd January 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 13Erie Indemnity Declares Regular Dividends, Payable on Jan. 22, 2025The Board of Erie Indemnity Company also agreed to increase the regular quarterly cash dividend from $1.275 to $1.365 on each Class A share and from $191.25 to $204.75 on each Class B share. This represents a 7.1% increase in the payout per share over the current dividend rate. The next quarterly dividend is payable Jan. 22, 2025, to shareholders of record as of Jan. 7, 2025, with a dividend ex-date of Jan. 7, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$3.46 (up from US$2.51 in 3Q 2023). Revenue: US$999.9m (up 16% from 3Q 2023). Net income: US$159.8m (up 22% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Oct 27What To Expect From Erie Indemnity Ahead Of Q3 2024 EarningsSummary Erie Indemnity's Q2 results were strong, with EPS of $3.13 beating estimates and revenue increasing by 17.9% year-over-year to $990.44 million. Despite recent stock resistance, Erie’s strong management fee revenue and customer retention highlight its robust business model and growth potential. More recently, ERIE stock fell: investors may have reacted to potential higher operational costs and Federal Reserve interest rate concerns, causing recent stock price fluctuations. Erie Indemnity remains a solid investment for those seeking a customer-friendly insurance firm, with promising earnings growth through FQ1 2025. Read the full article on Seeking Alphaお知らせ • Oct 03Erie Indemnity Company to Report Q3, 2024 Results on Oct 31, 2024Erie Indemnity Company announced that they will report Q3, 2024 results After-Market on Oct 31, 2024Upcoming Dividend • Sep 30Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 07 October 2024. Payment date: 22 October 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.6%).Declared Dividend • Jul 29Dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 7th October 2024 Payment date: 22nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$3.14 (up from US$2.25 in 2Q 2023). Revenue: US$990.4m (up 18% from 2Q 2023). Net income: US$163.9m (up 39% from 2Q 2023). Profit margin: 17% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 16Erie Indemnity Company to Report Q2, 2024 Results on Jul 25, 2024Erie Indemnity Company announced that they will report Q2, 2024 results After-Market on Jul 25, 2024Upcoming Dividend • Jul 05Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 09 July 2024. Payment date: 23 July 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.9%).Declared Dividend • May 01Dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 9th July 2024 Payment date: 23rd July 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.8% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 26First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$2.70 (up from US$1.65 in 1Q 2023). Revenue: US$880.7m (up 17% from 1Q 2023). Net income: US$124.6m (up 44% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year.お知らせ • Apr 13Erie Indemnity Company to Report Q1, 2024 Results on Apr 25, 2024Erie Indemnity Company announced that they will report Q1, 2024 results After-Market on Apr 25, 2024Upcoming Dividend • Apr 01Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 23 April 2024. Payout ratio is a comfortable 50% and the cash payout ratio is 77%. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.7%).お知らせ • Mar 24Erie Indemnity Company, Annual General Meeting, Apr 23, 2024Erie Indemnity Company, Annual General Meeting, Apr 23, 2024, at 09:30 US Eastern Standard Time. Location: Thomas B. Hagen Building, located at 100 Erie Insurance Place, Erie, Pennsylvania 16530 Erie Pennsylvania United States Agenda: To elect 11 persons to serve as directors until our 2025 annual meeting of shareholders and until their successors are elected and qualified; to approve the adoption of the First Amendment to our Equity Compensation Plan; to approve the adoption of our Amended and Restated Long Term Incentive Plan; and to consider other matters.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$412, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Insurance industry in the US. Total returns to shareholders of 90% over the past three years.Recent Insider Transactions • Mar 03Non-Independent Director recently sold US$4.1m worth of stockOn the 29th of February, John Borneman sold around 10k shares on-market at roughly US$407 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.6m more than they bought in the last 12 months.Declared Dividend • Mar 01Fourth quarter dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 8th April 2024 Payment date: 23rd April 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 29Erie Indemnity Company Announce Dividend of Class A, Payable on April 23, 2024Erie Indemnity Company announced dividend of Class A Rate Per Share is $1.275. Ex-Dividend Date is April 8, 2024. Record Date is April 9, 2024. Payable Date is April 23, 2024.Reported Earnings • Feb 27Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: US$9.66 (up from US$5.71 in FY 2022). Revenue: US$3.27b (up 15% from FY 2022). Net income: US$446.1m (up 49% from FY 2022). Profit margin: 14% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.お知らせ • Feb 09Erie Indemnity Company to Report Q4, 2023 Results on Feb 26, 2024Erie Indemnity Company announced that they will report Q4, 2023 results After-Market on Feb 26, 2024Upcoming Dividend • Dec 29Upcoming dividend of US$1.28 per share at 1.4% yieldEligible shareholders must have bought the stock before 05 January 2024. Payment date: 23 January 2024. Payout ratio is a comfortable 62% and the cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.0%).お知らせ • Dec 08Erie Indemnity Company Declares Regular Dividend, Payable on January 23, 2024At its regular meeting held December 5, 2023, the Board of Directors of Erie Indemnity Company approved to increase the regular quarterly cash dividend from $1.19 to $1.275 on each Class A share and from $178.50 to $191.25 on each Class B share. This represents a 7.1% increase in the payout per share over the current dividend rate. The next quarterly dividend is payable January 23, 2024, to shareholders of record as of January 8, 2024, with a dividend ex-date of January 5, 2024.お知らせ • Oct 28Lorianne Feltz to Retire as Executive Vice President of Claims & Customer Service of Erie Indemnity Company on May 30, 2024Erie Indemnity Company announced that on October 24, 2023, Lorianne Feltz informed the Company of her intention to retire as Executive Vice President of Claims & Customer Service on May 30, 2024. Feltz, 54, has served as Executive Vice President of Claims & Customer Service since 2016. She has worked at the Company for 34 years, holding numerous positions of increasing responsibility throughout her tenure. The Company will immediately begin a search for her replacement.Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$2.51 (up from US$1.61 in 3Q 2022). Revenue: US$858.9m (up 16% from 3Q 2022). Net income: US$131.0m (up 55% from 3Q 2022). Profit margin: 15% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.お知らせ • Oct 07Erie Indemnity Company to Report Q3, 2023 Results on Oct 26, 2023Erie Indemnity Company announced that they will report Q3, 2023 results After-Market on Oct 26, 2023Upcoming Dividend • Sep 27Upcoming dividend of US$1.19 per share at 1.6% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$274, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 12x in the Insurance industry in the US. Total returns to shareholders of 35% over the past three years.お知らせ • Aug 03Erie Insurance Announces Management ChangesErie Insurance announced the promotion of Karen Skarupski to senior vice president, Human Resources. Skarupski succeeds Sean Dugan, who was promoted to executive vice president, Human Resources & Corporate Services in January 2023. During her 32 years with ERIE, Skarupski has held several leadership roles in law, human resources, compliance and privacy, and has served as VP, corporate privacy officer, since 2018. Skarupski began her ERIE career in 1991 when she left private law practice to join ERIE's Law Division working primarily on employment-related legal matters. For nearly 20 years, she provided counsel to company HR leaders on employee benefits, diversity and inclusion, compensation, leave and disability issues, compliance and training, and workplace safety and health. She also served as interim division officer for Human Resources in 2008. Skarupski holds a bachelor's degree in history from Allegheny College and a juris doctor degree from Case Western Reserve University. She is also a Certified Information Privacy Manager and a Certified Information Privacy Professional. Skarupski is a member of the Erie and Pennsylvania Bar Associations, the Property Casualty Insurers Association of America and serves as a trustee of the Erie County Bar Foundation.New Risk • Jul 28New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 424% Dividend yield: 2.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Jul 28Erie Indemnity Company Approves Quarterly Dividend on Class A Common Stock, Payable on October 20, 2023At its meeting on July 25, 2023, Erie Indemnity Company's Board of Directors approved the following quarterly dividend of $1.19 per share on Class A common stock. The dividend is payable on October 20, 2023 with Ex-Dividend Date of October 4, 2023 and Record Date of October 5, 2023.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$2.55 (up from US$1.53 in 2Q 2022). Revenue: US$839.9m (up 16% from 2Q 2022). Net income: US$117.9m (up 47% from 2Q 2022). Profit margin: 14% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.お知らせ • Jul 13Erie Indemnity Company to Report Q2, 2023 Results on Jul 27, 2023Erie Indemnity Company announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023Upcoming Dividend • Jun 28Upcoming dividend of US$1.19 per share at 2.3% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 20 July 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (5.0%). In line with average of industry peers (2.3%).お知らせ • Jun 25Erie Indemnity Company(NasdaqGS:ERIE) dropped from Russell 1000 Value-Defensive IndexErie Indemnity Company(NasdaqGS:ERIE) dropped from Russell 1000 Value-Defensive IndexReported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: US$1.87 (up from US$1.49 in 1Q 2022). Revenue: US$752.5m (up 12% from 1Q 2022). Net income: US$86.2m (up 26% from 1Q 2022). Profit margin: 12% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.8%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 28Upcoming dividend of US$1.19 per share at 2.1% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 20 April 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (2.3%).Reported Earnings • Mar 03Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.71 (up from US$5.70 in FY 2021). Revenue: US$2.84b (up 7.8% from FY 2021). Net income: US$298.6m (flat on FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Jan 26Erie Indemnity Company to Report Q4, 2022 Results on Feb 23, 2023Erie Indemnity Company announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023Upcoming Dividend • Dec 28Upcoming dividend of US$1.19 per shareEligible shareholders must have bought the stock before 04 January 2023. Payment date: 20 January 2023. Payout ratio and cash payout ratio are on the higher end at 81% and 94% respectively. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).お知らせ • Dec 22+ 2 more updatesErie Insurance Promotes Sean Dugan to Executive Vice President, Human Resources and Corporate ServicesErie Insurance announced that Sean Dugan has been promoted to executive vice president, Human Resources and Corporate Services, effective January 1, 2023. Dugan, who has led HR as senior vice president since 2020, has held a variety of leadership roles since joining ERIE as a personal lines underwriter in 1992. In addition to HR leadership, Dugan's career at ERIE spans roles in personal lines underwriting and reinsurance underwriting as well as technical training and development and instructional design. Dugan was named vice president, Corporate Training and Development, in 2010; vice president, Recruiting in 2012; and vice president, Talent Acquisition and Community Outreach, in 2014. In 2018, Sean was named ERIE's Corporate HR Officer. Dugan was appointed to ERIE'sExecutive Council in August 2021 following the departure of Dionne Wallace Oakley and will continue to report to NeCastro as EVP. In his new role, Dugan will continue to lead the HR function as well as ERIE's Corporate Services, Strategic Communications and Privacy teams. A native of Erie, Pa., Dugan attended the United States Naval Academy and holds a bachelor's degree in Finance from Gannon University. He has earned designations as a Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Associate in Underwriting (AU) and Associate in Reinsurance (ARe). He also currently serves on the American Property Casual Insurance Association (APCIA) Human Resources Committee, is a Commissioner on the City of Erie Housing Authority Board and is a member of the Council of Fellows at Penn State Behrend.株主還元ERIEUS InsuranceUS 市場7D0.3%1.5%-1.4%1Y-42.3%3.6%16.4%株主還元を見る業界別リターン: ERIE過去 1 年間で3.6 % の収益を上げたUS Insurance業界を下回りました。リターン対市場: ERIEは、過去 1 年間で16.4 % のリターンを上げたUS市場を下回りました。価格変動Is ERIE's price volatile compared to industry and market?ERIE volatilityERIE Average Weekly Movement6.7%Insurance Industry Average Movement4.6%Market Average Movement7.1%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: ERIE 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: ERIEの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19256,667Tim NeCastrowww.erieinsurance.comエリー・インデミュニティ・カンパニーは、米国のエリー保険取引所における加入者の代理人として運営されている。発行・更新サービス、代理店報酬、販売・広告支援サービスを含む販売関連サービス、引受・契約処理を含む引受サービス、その他サービスは顧客サービス、管理支援サービス、情報技術サービスから成る。同社は1925年に法人化され、ペンシルバニア州エリーに本拠を置く。もっと見るErie Indemnity Company 基礎のまとめErie Indemnity の収益と売上を時価総額と比較するとどうか。ERIE 基礎統計学時価総額US$11.29b収益（TTM）US$571.39m売上高(TTM)US$4.09b19.3xPER（株価収益率2.7xP/SレシオERIE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ERIE 損益計算書（TTM）収益US$4.09b売上原価US$3.36b売上総利益US$732.60mその他の費用US$161.20m収益US$571.39m直近の収益報告Mar 31, 2026次回決算日Jul 30, 2026一株当たり利益（EPS）10.93グロス・マージン17.91%純利益率13.97%有利子負債／自己資本比率2.1%ERIE の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.8%現在の配当利回り52%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/22 06:55終値2026/07/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Erie Indemnity Company 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Amit KumarMacquarie ResearchMichael PhillipsStifel, Equities ResearchAdam KlauberWilliam Blair & Company L.L.C.
お知らせ • Jul 17Erie Indemnity Company to Report Q2, 2026 Results on Jul 30, 2026Erie Indemnity Company announced that they will report Q2, 2026 results After-Market on Jul 30, 2026
Buy Or Sell Opportunity • Jul 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$210. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.
Upcoming Dividend • Jun 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 21 July 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (2.5%).
分析記事 • Jun 17Erie Indemnity (ERIE) Stock Could Be 14.1% Below Fair Value Despite Premium P EErie Indemnity (ERIE) has drawn investor attention after recent share price swings, with the stock up slightly over the past month but down over the past 3 months and year to date. See our latest analysis for Erie Indemnity. At a share price of $225.64, Erie Indemnity’s recent moves reflect fading momentum, with the share price down over the past quarter and year to date, while the 3 and 5 year total shareholder returns remain positive. If recent moves in Erie Indemnity have you reassessing...
Recent Insider Transactions • Jun 07Independent Director recently bought US$1.5m worth of stockOn the 2nd of June, Elizabeth Ann Vorsheck bought around 7k shares on-market at roughly US$211 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.4m more in shares than they have sold in the last 12 months.
Buy Or Sell Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$208. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.
お知らせ • Jul 17Erie Indemnity Company to Report Q2, 2026 Results on Jul 30, 2026Erie Indemnity Company announced that they will report Q2, 2026 results After-Market on Jul 30, 2026
Buy Or Sell Opportunity • Jul 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$210. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.
Upcoming Dividend • Jun 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 21 July 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (2.5%).
分析記事 • Jun 17Erie Indemnity (ERIE) Stock Could Be 14.1% Below Fair Value Despite Premium P EErie Indemnity (ERIE) has drawn investor attention after recent share price swings, with the stock up slightly over the past month but down over the past 3 months and year to date. See our latest analysis for Erie Indemnity. At a share price of $225.64, Erie Indemnity’s recent moves reflect fading momentum, with the share price down over the past quarter and year to date, while the 3 and 5 year total shareholder returns remain positive. If recent moves in Erie Indemnity have you reassessing...
Recent Insider Transactions • Jun 07Independent Director recently bought US$1.5m worth of stockOn the 2nd of June, Elizabeth Ann Vorsheck bought around 7k shares on-market at roughly US$211 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.4m more in shares than they have sold in the last 12 months.
Buy Or Sell Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$208. The fair value is estimated to be US$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.
Buy Or Sell Opportunity • May 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to US$211. The fair value is estimated to be US$264, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%.
Seeking Alpha • Apr 29Erie Indemnity: Quality Remains, But Growth Is SlowingSummary Erie Indemnity Company faces slowing premium growth, with Q1 2026 direct written premiums up only 3.6% and policy count down 1.7%. Aggressive price hikes have pressured customer retention (down to 88%) and led to a shrinking client base, challenging ERIE’s commission-driven model. Shares trade at a 21.5x P/E, well above sector averages but 30% below ERIE’s five-year historical premium, reflecting market doubts on future growth. Risks include total dependency on Erie Insurance Exchange, capped management fees, legal challenges, and potential for further margin compression. Read the full article on Seeking Alpha
Declared Dividend • Apr 27Dividend of US$1.46 announcedShareholders will receive a dividend of US$1.46. Ex-date: 7th July 2026 Payment date: 21st July 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Apr 24New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 186% Dividend yield: 2.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: US$3.26 (vs US$2.65 in 1Q 2025)First quarter 2026 results: EPS: US$3.26 (up from US$2.65 in 1Q 2025). Revenue: US$1.01b (up 2.3% from 1Q 2025). Net income: US$150.5m (up 8.7% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 07Erie Indemnity Company to Report Q1, 2026 Results on Apr 23, 2026Erie Indemnity Company announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026
Upcoming Dividend • Mar 31Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 07 April 2026. Payment date: 21 April 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.7%).
お知らせ • Mar 25Erie Indemnity Company, Annual General Meeting, Apr 21, 2026Erie Indemnity Company, Annual General Meeting, Apr 21, 2026. Location: in the auditorium of the f.w. hirt, perry square building, located at 100 erie insurance place,erie, pennsylvania 16530., United States
Declared Dividend • Feb 26Fourth quarter dividend of US$1.46 announcedShareholders will receive a dividend of US$1.46. Ex-date: 7th April 2026 Payment date: 21st April 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
Reported Earnings • Feb 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$10.70 (down from US$11.48 in FY 2024). Revenue: US$4.07b (up 7.2% from FY 2024). Net income: US$559.3m (down 6.8% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 20+ 1 more updateErie Indemnity Company Announces Retirement of Tim Necastro as President, Effective December 31, 2026Erie Indemnity Company announced that Tim NeCastro will retire as president on December 31, 2026, concluding a 30-year career with the company, including 10 years as CEO. NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service. NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service. NeCastro joined Erie Insurance in 1996 and held senior leadership roles in internal audit, finance, product and policy services, and regional field operations. In 2014, he led the company's expansion into Kentucky, marking Erie Insurance's entry into its 12th state. As CEO, NeCastro guided the organization through several significant milestones, including celebrating the company's 100th anniversary in 2025. His leadership emphasized care for employees, agents and customers while reinforcing ERIE's values and promise of service. An Erie native, NeCastro has also been active in community and economic development efforts in the company's hometown. He is the founding board president of the Erie Downtown Development Corp., which has supported investment and revitalization in downtown Erie. He has also served in leadership and advisory roles with civic, philanthropic and industry organizations at the local, state and national levels. Following his retirement as CEO, NeCastro will continue to serve the company and community as president of the Erie Insurance Foundation, a private charitable foundation established to support long-term charitable giving and community impact aligned with ERIE's values. The board of directors will immediately begin the process to identify a successor. NeCastro will remain in his role through the end of the year, ensuring continuity throughout the search and transition.
Buy Or Sell Opportunity • Feb 10Now 22% overvaluedOver the last 90 days, the stock has fallen 1.5% to US$279. The fair value is estimated to be US$228, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 5.6% in a year. Earnings are forecast to grow by 7.1% in the next year.
お知らせ • Feb 03Erie Indemnity Company to Report Q4, 2025 Results on Feb 23, 2026Erie Indemnity Company announced that they will report Q4, 2025 results After-Market on Feb 23, 2026
Upcoming Dividend • Dec 30Upcoming dividend of US$1.46 per shareEligible shareholders must have bought the stock before 06 January 2026. Payment date: 21 January 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.3%).
Declared Dividend • Dec 16Third quarter dividend increased to US$1.46Dividend of US$1.46 is 7.1% higher than last year. Ex-date: 6th January 2026 Payment date: 21st January 2026 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 12Erie Indemnity Company Declares Regular Quarterly Cash Dividend, Payable on Jan. 21, 2026The Board of Erie Indemnity Company also agreed to increase the regular quarterly cash dividend from $1.365 to $1.4625 on each Class A share and from $204.75 to $219.375 on each Class B share. This represents a 7.1 percent increase in the payout per share over the current dividend rate. The next quarterly dividend is payable Jan. 21, 2026, to shareholders of record as of Jan. 6, 2026, with a dividend ex-date of Jan. 6, 2026.
お知らせ • Oct 23Erie Indemnity Company to Report Q3, 2025 Results on Oct 30, 2025Erie Indemnity Company announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025
Upcoming Dividend • Sep 29Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 06 October 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.0%).
Declared Dividend • Aug 13Second quarter dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 6th October 2025 Payment date: 21st October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$2.56. Revenue: US$1.06b (up 7.0% from 2Q 2024). Net income: US$174.7m (up 6.6% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Insurance industry in the US.
分析記事 • Jul 29Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Jul 29Erie Indemnity Company to Report Q2, 2025 Results on Aug 07, 2025Erie Indemnity Company announced that they will report Q2, 2025 results After-Market on Aug 07, 2025
Upcoming Dividend • Jul 01Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 08 July 2025. Payment date: 22 July 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.9%).
Declared Dividend • Apr 30Dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 8th July 2025 Payment date: 22nd July 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 25First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$3.00 (up from US$2.38 in 1Q 2024). Revenue: US$989.4m (up 12% from 1Q 2024). Net income: US$138.4m (up 11% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) missed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.
お知らせ • Apr 09Erie Indemnity Company to Report Q1, 2025 Results on Apr 24, 2025Erie Indemnity Company announced that they will report Q1, 2025 results After-Market on Apr 24, 2025
Upcoming Dividend • Mar 31Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 07 April 2025. Payment date: 22 April 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.8%).
お知らせ • Mar 24Erie Indemnity Company, Annual General Meeting, Apr 22, 2025Erie Indemnity Company, Annual General Meeting, Apr 22, 2025. Location: in the auditorium of the f.w. hirt, perry square building, located at 100 erie insurance place, erie, pennsylvania 16530, United States
Declared Dividend • Mar 06Fourth quarter dividend of US$1.37 announcedShareholders will receive a dividend of US$1.37. Ex-date: 7th April 2025 Payment date: 22nd April 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
Reported Earnings • Feb 28Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$13.00 (up from US$8.53 in FY 2023). Revenue: US$3.80b (up 16% from FY 2023). Net income: US$600.3m (up 35% from FY 2023). Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 04Erie Indemnity Company to Report Q4, 2024 Results on Feb 27, 2025Erie Indemnity Company announced that they will report Q4, 2024 results After-Market on Feb 27, 2025
Upcoming Dividend • Dec 31Upcoming dividend of US$1.37 per shareEligible shareholders must have bought the stock before 07 January 2025. Payment date: 22 January 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.9%).
Declared Dividend • Dec 16Third quarter dividend increased to US$1.37Dividend of US$1.37 is 7.1% higher than last year. Ex-date: 7th January 2025 Payment date: 22nd January 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 13Erie Indemnity Declares Regular Dividends, Payable on Jan. 22, 2025The Board of Erie Indemnity Company also agreed to increase the regular quarterly cash dividend from $1.275 to $1.365 on each Class A share and from $191.25 to $204.75 on each Class B share. This represents a 7.1% increase in the payout per share over the current dividend rate. The next quarterly dividend is payable Jan. 22, 2025, to shareholders of record as of Jan. 7, 2025, with a dividend ex-date of Jan. 7, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$3.46 (up from US$2.51 in 3Q 2023). Revenue: US$999.9m (up 16% from 3Q 2023). Net income: US$159.8m (up 22% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Oct 27What To Expect From Erie Indemnity Ahead Of Q3 2024 EarningsSummary Erie Indemnity's Q2 results were strong, with EPS of $3.13 beating estimates and revenue increasing by 17.9% year-over-year to $990.44 million. Despite recent stock resistance, Erie’s strong management fee revenue and customer retention highlight its robust business model and growth potential. More recently, ERIE stock fell: investors may have reacted to potential higher operational costs and Federal Reserve interest rate concerns, causing recent stock price fluctuations. Erie Indemnity remains a solid investment for those seeking a customer-friendly insurance firm, with promising earnings growth through FQ1 2025. Read the full article on Seeking Alpha
お知らせ • Oct 03Erie Indemnity Company to Report Q3, 2024 Results on Oct 31, 2024Erie Indemnity Company announced that they will report Q3, 2024 results After-Market on Oct 31, 2024
Upcoming Dividend • Sep 30Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 07 October 2024. Payment date: 22 October 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.6%).
Declared Dividend • Jul 29Dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 7th October 2024 Payment date: 22nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$3.14 (up from US$2.25 in 2Q 2023). Revenue: US$990.4m (up 18% from 2Q 2023). Net income: US$163.9m (up 39% from 2Q 2023). Profit margin: 17% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 16Erie Indemnity Company to Report Q2, 2024 Results on Jul 25, 2024Erie Indemnity Company announced that they will report Q2, 2024 results After-Market on Jul 25, 2024
Upcoming Dividend • Jul 05Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 09 July 2024. Payment date: 23 July 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.9%).
Declared Dividend • May 01Dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 9th July 2024 Payment date: 23rd July 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.8% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 26First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$2.70 (up from US$1.65 in 1Q 2023). Revenue: US$880.7m (up 17% from 1Q 2023). Net income: US$124.6m (up 44% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year.
お知らせ • Apr 13Erie Indemnity Company to Report Q1, 2024 Results on Apr 25, 2024Erie Indemnity Company announced that they will report Q1, 2024 results After-Market on Apr 25, 2024
Upcoming Dividend • Apr 01Upcoming dividend of US$1.28 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 23 April 2024. Payout ratio is a comfortable 50% and the cash payout ratio is 77%. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.7%).
お知らせ • Mar 24Erie Indemnity Company, Annual General Meeting, Apr 23, 2024Erie Indemnity Company, Annual General Meeting, Apr 23, 2024, at 09:30 US Eastern Standard Time. Location: Thomas B. Hagen Building, located at 100 Erie Insurance Place, Erie, Pennsylvania 16530 Erie Pennsylvania United States Agenda: To elect 11 persons to serve as directors until our 2025 annual meeting of shareholders and until their successors are elected and qualified; to approve the adoption of the First Amendment to our Equity Compensation Plan; to approve the adoption of our Amended and Restated Long Term Incentive Plan; and to consider other matters.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$412, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Insurance industry in the US. Total returns to shareholders of 90% over the past three years.
Recent Insider Transactions • Mar 03Non-Independent Director recently sold US$4.1m worth of stockOn the 29th of February, John Borneman sold around 10k shares on-market at roughly US$407 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.6m more than they bought in the last 12 months.
Declared Dividend • Mar 01Fourth quarter dividend of US$1.28 announcedShareholders will receive a dividend of US$1.28. Ex-date: 8th April 2024 Payment date: 23rd April 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 29Erie Indemnity Company Announce Dividend of Class A, Payable on April 23, 2024Erie Indemnity Company announced dividend of Class A Rate Per Share is $1.275. Ex-Dividend Date is April 8, 2024. Record Date is April 9, 2024. Payable Date is April 23, 2024.
Reported Earnings • Feb 27Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: US$9.66 (up from US$5.71 in FY 2022). Revenue: US$3.27b (up 15% from FY 2022). Net income: US$446.1m (up 49% from FY 2022). Profit margin: 14% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Feb 09Erie Indemnity Company to Report Q4, 2023 Results on Feb 26, 2024Erie Indemnity Company announced that they will report Q4, 2023 results After-Market on Feb 26, 2024
Upcoming Dividend • Dec 29Upcoming dividend of US$1.28 per share at 1.4% yieldEligible shareholders must have bought the stock before 05 January 2024. Payment date: 23 January 2024. Payout ratio is a comfortable 62% and the cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.0%).
お知らせ • Dec 08Erie Indemnity Company Declares Regular Dividend, Payable on January 23, 2024At its regular meeting held December 5, 2023, the Board of Directors of Erie Indemnity Company approved to increase the regular quarterly cash dividend from $1.19 to $1.275 on each Class A share and from $178.50 to $191.25 on each Class B share. This represents a 7.1% increase in the payout per share over the current dividend rate. The next quarterly dividend is payable January 23, 2024, to shareholders of record as of January 8, 2024, with a dividend ex-date of January 5, 2024.
お知らせ • Oct 28Lorianne Feltz to Retire as Executive Vice President of Claims & Customer Service of Erie Indemnity Company on May 30, 2024Erie Indemnity Company announced that on October 24, 2023, Lorianne Feltz informed the Company of her intention to retire as Executive Vice President of Claims & Customer Service on May 30, 2024. Feltz, 54, has served as Executive Vice President of Claims & Customer Service since 2016. She has worked at the Company for 34 years, holding numerous positions of increasing responsibility throughout her tenure. The Company will immediately begin a search for her replacement.
Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$2.51 (up from US$1.61 in 3Q 2022). Revenue: US$858.9m (up 16% from 3Q 2022). Net income: US$131.0m (up 55% from 3Q 2022). Profit margin: 15% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Oct 07Erie Indemnity Company to Report Q3, 2023 Results on Oct 26, 2023Erie Indemnity Company announced that they will report Q3, 2023 results After-Market on Oct 26, 2023
Upcoming Dividend • Sep 27Upcoming dividend of US$1.19 per share at 1.6% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$274, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 12x in the Insurance industry in the US. Total returns to shareholders of 35% over the past three years.
お知らせ • Aug 03Erie Insurance Announces Management ChangesErie Insurance announced the promotion of Karen Skarupski to senior vice president, Human Resources. Skarupski succeeds Sean Dugan, who was promoted to executive vice president, Human Resources & Corporate Services in January 2023. During her 32 years with ERIE, Skarupski has held several leadership roles in law, human resources, compliance and privacy, and has served as VP, corporate privacy officer, since 2018. Skarupski began her ERIE career in 1991 when she left private law practice to join ERIE's Law Division working primarily on employment-related legal matters. For nearly 20 years, she provided counsel to company HR leaders on employee benefits, diversity and inclusion, compensation, leave and disability issues, compliance and training, and workplace safety and health. She also served as interim division officer for Human Resources in 2008. Skarupski holds a bachelor's degree in history from Allegheny College and a juris doctor degree from Case Western Reserve University. She is also a Certified Information Privacy Manager and a Certified Information Privacy Professional. Skarupski is a member of the Erie and Pennsylvania Bar Associations, the Property Casualty Insurers Association of America and serves as a trustee of the Erie County Bar Foundation.
New Risk • Jul 28New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 424% Dividend yield: 2.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Jul 28Erie Indemnity Company Approves Quarterly Dividend on Class A Common Stock, Payable on October 20, 2023At its meeting on July 25, 2023, Erie Indemnity Company's Board of Directors approved the following quarterly dividend of $1.19 per share on Class A common stock. The dividend is payable on October 20, 2023 with Ex-Dividend Date of October 4, 2023 and Record Date of October 5, 2023.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$2.55 (up from US$1.53 in 2Q 2022). Revenue: US$839.9m (up 16% from 2Q 2022). Net income: US$117.9m (up 47% from 2Q 2022). Profit margin: 14% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Jul 13Erie Indemnity Company to Report Q2, 2023 Results on Jul 27, 2023Erie Indemnity Company announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023
Upcoming Dividend • Jun 28Upcoming dividend of US$1.19 per share at 2.3% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 20 July 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (5.0%). In line with average of industry peers (2.3%).
お知らせ • Jun 25Erie Indemnity Company(NasdaqGS:ERIE) dropped from Russell 1000 Value-Defensive IndexErie Indemnity Company(NasdaqGS:ERIE) dropped from Russell 1000 Value-Defensive Index
Reported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: US$1.87 (up from US$1.49 in 1Q 2022). Revenue: US$752.5m (up 12% from 1Q 2022). Net income: US$86.2m (up 26% from 1Q 2022). Profit margin: 12% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.8%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 28Upcoming dividend of US$1.19 per share at 2.1% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 20 April 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (2.3%).
Reported Earnings • Mar 03Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.71 (up from US$5.70 in FY 2021). Revenue: US$2.84b (up 7.8% from FY 2021). Net income: US$298.6m (flat on FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Jan 26Erie Indemnity Company to Report Q4, 2022 Results on Feb 23, 2023Erie Indemnity Company announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023
Upcoming Dividend • Dec 28Upcoming dividend of US$1.19 per shareEligible shareholders must have bought the stock before 04 January 2023. Payment date: 20 January 2023. Payout ratio and cash payout ratio are on the higher end at 81% and 94% respectively. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).
お知らせ • Dec 22+ 2 more updatesErie Insurance Promotes Sean Dugan to Executive Vice President, Human Resources and Corporate ServicesErie Insurance announced that Sean Dugan has been promoted to executive vice president, Human Resources and Corporate Services, effective January 1, 2023. Dugan, who has led HR as senior vice president since 2020, has held a variety of leadership roles since joining ERIE as a personal lines underwriter in 1992. In addition to HR leadership, Dugan's career at ERIE spans roles in personal lines underwriting and reinsurance underwriting as well as technical training and development and instructional design. Dugan was named vice president, Corporate Training and Development, in 2010; vice president, Recruiting in 2012; and vice president, Talent Acquisition and Community Outreach, in 2014. In 2018, Sean was named ERIE's Corporate HR Officer. Dugan was appointed to ERIE'sExecutive Council in August 2021 following the departure of Dionne Wallace Oakley and will continue to report to NeCastro as EVP. In his new role, Dugan will continue to lead the HR function as well as ERIE's Corporate Services, Strategic Communications and Privacy teams. A native of Erie, Pa., Dugan attended the United States Naval Academy and holds a bachelor's degree in Finance from Gannon University. He has earned designations as a Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Associate in Underwriting (AU) and Associate in Reinsurance (ARe). He also currently serves on the American Property Casual Insurance Association (APCIA) Human Resources Committee, is a Commissioner on the City of Erie Housing Authority Board and is a member of the Council of Fellows at Penn State Behrend.
