ERIE Stock Overview
Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for ERIE from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Erie Indemnity Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$414.70 |
| 52 Week High | US$547.00 |
| 52 Week Low | US$321.05 |
| Beta | 0.47 |
| 1 Month Change | 0.69% |
| 3 Month Change | -20.55% |
| 1 Year Change | 25.74% |
| 3 Year Change | 113.13% |
| 5 Year Change | 151.97% |
| Change since IPO | 2,465.15% |
Recent News & Updates
Erie Indemnity (NASDAQ:ERIE) Will Pay A Larger Dividend Than Last Year At $1.37
Dec 17
Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%
Nov 05Recent updates
Erie Indemnity (NASDAQ:ERIE) Will Pay A Larger Dividend Than Last Year At $1.37
Dec 17Some Confidence Is Lacking In Erie Indemnity Company (NASDAQ:ERIE) As Shares Slide 26%
Nov 05What To Expect From Erie Indemnity Ahead Of Q3 2024 Earnings
Oct 27There's Reason For Concern Over Erie Indemnity Company's (NASDAQ:ERIE) Massive 26% Price Jump
Aug 18Is Now The Time To Put Erie Indemnity (NASDAQ:ERIE) On Your Watchlist?
Jul 14Investor Optimism Abounds Erie Indemnity Company (NASDAQ:ERIE) But Growth Is Lacking
Jun 26Here'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 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 01Shareholder Returns
| ERIE | US Insurance | US Market | |
|---|---|---|---|
| 7D | -1.1% | -0.8% | -0.2% |
| 1Y | 25.7% | 23.2% | 25.6% |
Return vs Industry: ERIE exceeded the US Insurance industry which returned 23.2% over the past year.
Return vs Market: ERIE matched the US Market which returned 25.6% over the past year.
Price Volatility
| ERIE volatility | |
|---|---|
| ERIE Average Weekly Movement | 4.5% |
| Insurance Industry Average Movement | 4.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 18.3% |
| 10% least volatile stocks in US Market | 3.1% |
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
| 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$21.68b |
| Earnings (TTM) | US$559.21m |
| Revenue (TTM) | US$3.69b |
38.8x
P/E Ratio5.9x
P/S RatioIs ERIE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ERIE income statement (TTM) | |
|---|---|
| Revenue | US$3.69b |
| Cost of Revenue | US$3.05b |
| Gross Profit | US$636.23m |
| Other Expenses | US$77.02m |
| Earnings | US$559.21m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 10.69 |
| Gross Margin | 17.25% |
| Net Profit Margin | 15.16% |
| Debt/Equity Ratio | 0.4% |
How did ERIE perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield42%
Payout RatioDoes ERIE pay a reliable dividends?
See ERIE dividend history and benchmarks| Erie Indemnity dividend dates | |
|---|---|
| Ex Dividend Date | Jan 07 2025 |
| Dividend Pay Date | Jan 22 2025 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 17 days |
Does ERIE pay a reliable dividends?
See ERIE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 01:57 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Erie Indemnity Company is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Kumar | Macquarie Research |
| Michael Phillips | Stifel, Equities Research |
| Adam Klauber | William Blair & Company L.L.C. |