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Erie Indemnity NasdaqGS:ERIE Stock Report

Last Price

US$437.25

Market Cap

US$23.0b

7D

1.4%

1Y

44.0%

Updated

02 Dec, 2024

Data

Company Financials +

Erie Indemnity Company

NasdaqGS:ERIE Stock Report

Market Cap: US$23.0b

ERIE Stock Overview

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

ERIE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
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$437.25
52 Week HighUS$547.00
52 Week LowUS$295.59
Beta0.45
11 Month Change5.32%
3 Month Change-11.24%
1 Year Change43.97%
33 Year Change128.33%
5 Year Change159.30%
Change since IPO2,604.64%

Recent News & Updates

Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%

Nov 05
Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%

What To Expect From Erie Indemnity Ahead Of Q3 2024 Earnings

Oct 27

There's Reason For Concern Over Erie Indemnity Company's (NASDAQ:ERIE) Massive 26% Price Jump

Aug 18
There's Reason For Concern Over Erie Indemnity Company's (NASDAQ:ERIE) Massive 26% Price Jump

Recent updates

Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%

Nov 05
Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%

What To Expect From Erie Indemnity Ahead Of Q3 2024 Earnings

Oct 27

There's Reason For Concern Over Erie Indemnity Company's (NASDAQ:ERIE) Massive 26% Price Jump

Aug 18
There's Reason For Concern Over Erie Indemnity Company's (NASDAQ:ERIE) Massive 26% Price Jump

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

Shareholder Returns

ERIEUS InsuranceUS Market
7D1.4%0.03%0.7%
1Y44.0%33.2%32.2%

Return vs Industry: ERIE exceeded the US Insurance industry which returned 34.5% over the past year.

Return vs Market: ERIE exceeded the US Market which returned 31.9% over the past year.

Price Volatility

Is ERIE's price volatile compared to industry and market?
ERIE volatility
ERIE Average Weekly Movement4.4%
Insurance Industry Average Movement4.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

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

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$23.04b
Earnings (TTM)US$559.21m
Revenue (TTM)US$3.69b

40.9x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERIE income statement (TTM)
RevenueUS$3.69b
Cost of RevenueUS$3.05b
Gross ProfitUS$636.23m
Other ExpensesUS$77.02m
EarningsUS$559.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.69
Gross Margin17.25%
Net Profit Margin15.16%
Debt/Equity Ratio0.4%

How did ERIE perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

42%

Payout Ratio