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ERIE

Erie Indemnity NasdaqGS:ERIE Stock Report

Last Price

US$242.90

Market Cap

US$12.7b

7D

-0.3%

1Y

37.2%

Updated

28 Jan, 2023

Data

Company Financials +

Erie Indemnity Company

NasdaqGS:ERIE Stock Report

Mkt Cap: US$12.7b

ERIE Stock Overview

Erie Indemnity Company 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 Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

My Notes

New

Notes are coming soon

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$242.90
52 Week HighUS$286.50
52 Week LowUS$158.46
Beta0.47
1 Month Change-2.79%
3 Month Change-2.57%
1 Year Change37.24%
3 Year Change45.89%
5 Year Change107.93%
Change since IPO1,402.47%

Recent News & Updates

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

Recent updates

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 (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?

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
7D-0.3%2.0%2.8%
1Y37.2%10.0%-9.2%

Return vs Industry: ERIE exceeded the US Insurance industry which returned 10.9% over the past year.

Return vs Market: ERIE exceeded the US Market which returned -9.7% over the past year.

Price Volatility

Is ERIE's price volatile compared to industry and market?
ERIE volatility
ERIE Average Weekly Movement5.0%
Insurance Industry Average Movement4.8%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: ERIE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ERIE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19255,820Tim NeCastrohttps://www.erieinsurance.com

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

Erie Indemnity Company Fundamentals Summary

How do Erie Indemnity's earnings and revenue compare to its market cap?
ERIE fundamental statistics
Market CapUS$12.70b
Earnings (TTM)US$288.12m
Revenue (TTM)US$2.78b

44.1x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERIE income statement (TTM)
RevenueUS$2.78b
Cost of RevenueUS$2.42b
Gross ProfitUS$356.62m
Other ExpensesUS$68.50m
EarningsUS$288.12m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 23, 2023

Earnings per share (EPS)5.51
Gross Margin12.85%
Net Profit Margin10.38%
Debt/Equity Ratio0%

How did ERIE perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

81%

Payout Ratio