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Erie Indemnity NasdaqGS:ERIE Stock Report

Last Price

US$421.38

Market Cap

US$20.3b

7D

11.7%

1Y

92.5%

Updated

26 Jul, 2024

Data

Company Financials

Erie Indemnity Company

NasdaqGS:ERIE Stock Report

Market Cap: US$20.3b

ERIE Stock Overview

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

ERIE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

Rewards

Risk Analysis

No risks detected for ERIE from our risk checks.

Erie Indemnity Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Erie Indemnity
Historical stock prices
Current Share PriceUS$421.38
52 Week HighUS$420.34
52 Week LowUS$210.15
Beta0.42
11 Month Change17.37%
3 Month Change10.38%
1 Year Change92.45%
33 Year Change127.91%
5 Year Change88.66%
Change since IPO2,506.47%

Recent News & Updates

Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?

Jul 14
Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?

Investor Optimism Abounds Erie Indemnity Company (NASDAQ:ERIE) But Growth Is Lacking

Jun 26
Investor Optimism Abounds Erie Indemnity Company (NASDAQ:ERIE) But Growth Is Lacking

Recent updates

Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?

Jul 14
Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?

Investor Optimism Abounds Erie Indemnity Company (NASDAQ:ERIE) But Growth Is Lacking

Jun 26
Investor Optimism Abounds Erie Indemnity Company (NASDAQ:ERIE) But Growth Is Lacking

Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise

Apr 17
Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise

Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?

Mar 21
Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?

Why Investors Shouldn't Be Surprised By Erie Indemnity Company's (NASDAQ:ERIE) P/E

Feb 21
Why Investors Shouldn't Be Surprised By Erie Indemnity Company's (NASDAQ:ERIE) P/E

Erie Indemnity (NASDAQ:ERIE) Has Announced That It Will Be Increasing Its Dividend To $1.27

Dec 13
Erie Indemnity (NASDAQ:ERIE) Has Announced That It Will Be Increasing Its Dividend To $1.27

Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Jun 26
Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Jun 07
Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

May 18
Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Erie Indemnity (NASDAQ:ERIE) Is Increasing Its Dividend To $1.19

May 04
Erie Indemnity (NASDAQ:ERIE) Is Increasing Its Dividend To $1.19

Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Mar 09
Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19

Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 25
Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 11
Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Erie Indemnity goes ex dividend tomorrow

Oct 03

Erie Insurance launches venture capital fund to accelerate innovation

Aug 25

Erie Indemnity GAAP EPS of $1.53 misses by $0.09, revenue of $726.14M beats by $18.66M

Jul 28

Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy

Jul 16

Erie Indemnity goes ex-dividend on Tuesday

Jul 01

Erie Indemnity (NASDAQ:ERIE) Is Paying Out A Larger Dividend Than Last Year

Jan 02
Erie Indemnity (NASDAQ:ERIE) Is Paying Out A Larger Dividend Than Last Year

Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 13
Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Weakness In Erie Indemnity Company (NASDAQ:ERIE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Mar 13
Is Weakness In Erie Indemnity Company (NASDAQ:ERIE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Why Erie Indemnity Company (NASDAQ:ERIE) Should Be In Your Dividend Portfolio

Feb 20
Why Erie Indemnity Company (NASDAQ:ERIE) Should Be In Your Dividend Portfolio

Do Insiders Own Lots Of Shares In Erie Indemnity Company (NASDAQ:ERIE)?

Jan 25
Do Insiders Own Lots Of Shares In Erie Indemnity Company (NASDAQ:ERIE)?

Why You Might Be Interested In Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend

Dec 30
Why You Might Be Interested In Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend

Is It Smart To Buy Erie Indemnity Company (NASDAQ:ERIE) Before It Goes Ex-Dividend?

Dec 14
Is It Smart To Buy Erie Indemnity Company (NASDAQ:ERIE) Before It Goes Ex-Dividend?

Erie Indemnity increases dividend by ~7% to $1.035

Dec 08

Is Erie Indemnity Company (NASDAQ:ERIE) A Smart Pick For Income Investors?

Nov 20
Is Erie Indemnity Company (NASDAQ:ERIE) A Smart Pick For Income Investors?

Shareholder Returns

ERIEUS InsuranceUS Market
7D11.7%-1.9%-2.4%
1Y92.5%26.6%17.5%

Return vs Industry: ERIE exceeded the US Insurance industry which returned 26.6% over the past year.

Return vs Market: ERIE exceeded the US Market which returned 17.5% over the past year.

Price Volatility

Is ERIE's price volatile compared to industry and market?
ERIE volatility
ERIE Average Weekly Movement3.0%
Insurance Industry Average Movement3.7%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: ERIE has not had significant price volatility in the past 3 months.

Volatility Over Time: ERIE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19256,493Tim NeCastrowww.erieinsurance.com

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.

Erie Indemnity Company Fundamentals Summary

How do Erie Indemnity's earnings and revenue compare to its market cap?
ERIE fundamental statistics
Market capUS$20.26b
Earnings (TTM)US$484.37m
Revenue (TTM)US$3.40b

45.5x

P/E Ratio

6.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERIE income statement (TTM)
RevenueUS$3.40b
Cost of RevenueUS$2.85b
Gross ProfitUS$548.53m
Other ExpensesUS$64.15m
EarningsUS$484.37m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.26
Gross Margin16.15%
Net Profit Margin14.26%
Debt/Equity Ratio0%

How did ERIE perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

47%

Payout Ratio
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