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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Erie Indemnity Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$380.46 |
| 52 Week High | US$420.34 |
| 52 Week Low | US$199.49 |
| Beta | 0.41 |
| 1 Month Change | -7.66% |
| 3 Month Change | 11.89% |
| 1 Year Change | 64.35% |
| 3 Year Change | 67.61% |
| 5 Year Change | 106.93% |
| Change since IPO | 2,253.36% |
Recent News & Updates
Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise
Apr 17
Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?
Mar 21Recent updates
Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise
Apr 17Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?
Mar 21Why Investors Shouldn't Be Surprised By Erie Indemnity Company's (NASDAQ:ERIE) P/E
Feb 21Erie Indemnity (NASDAQ:ERIE) Has Announced That It Will Be Increasing Its Dividend To $1.27
Dec 13Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 26Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 07Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
May 18Erie Indemnity (NASDAQ:ERIE) Is Increasing Its Dividend To $1.19
May 04Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Mar 09Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 25Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 11Erie Indemnity goes ex dividend tomorrow
Oct 03Erie Insurance launches venture capital fund to accelerate innovation
Aug 25Erie Indemnity GAAP EPS of $1.53 misses by $0.09, revenue of $726.14M beats by $18.66M
Jul 28Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy
Jul 16Erie Indemnity goes ex-dividend on Tuesday
Jul 01Erie Indemnity (NASDAQ:ERIE) Is Paying Out A Larger Dividend Than Last Year
Jan 02Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13Is Weakness In Erie Indemnity Company (NASDAQ:ERIE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 13Why Erie Indemnity Company (NASDAQ:ERIE) Should Be In Your Dividend Portfolio
Feb 20Do Insiders Own Lots Of Shares In Erie Indemnity Company (NASDAQ:ERIE)?
Jan 25Why You Might Be Interested In Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend
Dec 30Is It Smart To Buy Erie Indemnity Company (NASDAQ:ERIE) Before It Goes Ex-Dividend?
Dec 14
Erie Indemnity increases dividend by ~7% to $1.035
Dec 08Is Erie Indemnity Company (NASDAQ:ERIE) A Smart Pick For Income Investors?
Nov 20Shareholder Returns
| ERIE | US Insurance | US Market | |
|---|---|---|---|
| 7D | -1.0% | -0.07% | -3.7% |
| 1Y | 64.4% | 22.1% | 20.2% |
Return vs Industry: ERIE exceeded the US Insurance industry which returned 20.7% over the past year.
Return vs Market: ERIE exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| ERIE volatility | |
|---|---|
| ERIE Average Weekly Movement | 4.1% |
| Insurance Industry Average Movement | 4.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1925 | 6,493 | Tim NeCastro | 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. 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
| ERIE fundamental statistics | |
|---|---|
| Market cap | US$19.89b |
| Earnings (TTM) | US$446.06m |
| Revenue (TTM) | US$3.27b |
44.6x
P/E Ratio6.1x
P/S RatioIs ERIE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ERIE income statement (TTM) | |
|---|---|
| Revenue | US$3.27b |
| Cost of Revenue | US$2.75b |
| Gross Profit | US$520.26m |
| Other Expenses | US$74.20m |
| Earnings | US$446.06m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 25, 2024
| Earnings per share (EPS) | 8.53 |
| Gross Margin | 15.92% |
| Net Profit Margin | 13.65% |
| Debt/Equity Ratio | 0% |
How did ERIE perform over the long term?
See historical performance and comparison