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Erie Indemnity Company Company Profile (NASDAQ:ERIE)

Consensus Ratings for Erie Indemnity Company (NASDAQ:ERIE) (?)
Ratings Breakdown: 1 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $96.00 (0.56% upside)

Analysts' Ratings History for Erie Indemnity Company (NASDAQ:ERIE)
Show:
DateFirmActionRatingPrice TargetActions
1/19/2016MacquarieBoost Price Target$84.00 -> $96.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/2/2015William BlairReiterated RatingOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/28/2014 forward)
Earnings History for Erie Indemnity Company (NASDAQ:ERIE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016        
4/28/2016Q116$0.87$0.89$376.02 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016Q415$0.65$0.57$364.34 million$356.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2015Q315$1.06$0.94$393.66 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2015Q215$0.98$1.07$400.43 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q115$0.90$0.74$348.26 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2015Q4 14$0.70$0.48$331.70 million$1.59 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2014$0.94$0.90ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2014$0.94$0.94ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014Q413$0.78$0.88$330.49 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014$0.54$0.67ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$0.96$0.87$340.12 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2012Q312$0.80$0.93$310.76 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Erie Indemnity Company (NASDAQ:ERIE)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.85$0.85$0.85
Q2 20161$1.07$1.07$1.07
Q3 20161$1.03$1.03$1.03
Q4 20161$0.71$0.71$0.71
(Data provided by Zacks Investment Research)
Current Dividend Information for Erie Indemnity Company (NASDAQ:ERIE)
Annual Dividend:$2.92
Dividend Yield:3.06%
Payout Ratio:79.78%
Dividend Growth:-0.90% (3 Year Average)

Dividend History for Erie Indemnity Company (NASDAQ:ERIE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/21/2016Quarterly$0.737/1/20167/6/20167/20/2016Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016Quarterly$0.734/4/20164/6/20164/20/2016Tweet This Announcement  Share This Announcement on StockTwits
12/2/2015quarterly$0.7312/31/20151/5/20161/20/2016Tweet This Announcement  Share This Announcement on StockTwits
4/24/2015quarterly$0.683.18%7/2/20157/7/20157/21/2015Tweet This Announcement  Share This Announcement on StockTwits
3/2/2015quarterly$0.683.11%4/2/20154/7/20154/21/2015Tweet This Announcement  Share This Announcement on StockTwits
12/3/2014quarterly$0.683.04%1/2/20151/6/20151/21/2015Tweet This Announcement  Share This Announcement on StockTwits
8/1/2014quarterly$0.643.43%9/30/201410/2/201410/17/2014Tweet This Announcement  Share This Announcement on StockTwits
4/21/2014quarterly$0.643.62%7/1/20147/3/20147/18/2014Tweet This Announcement  Share This Announcement on StockTwits
3/3/2014quarterly$0.643.47%4/3/20144/7/20144/22/2014Tweet This Announcement  Share This Announcement on StockTwits
12/5/2013quarterly$0.643.62%1/3/20141/7/20141/22/2014Tweet This Announcement  Share This Announcement on StockTwits
8/5/2013quarterly$0.593.07%10/2/201310/4/201310/18/2013Tweet This Announcement  Share This Announcement on StockTwits
4/22/2013quarterly$0.593.06%7/2/20137/5/20137/19/2013Tweet This Announcement  Share This Announcement on StockTwits
2/28/2013quarterly$0.593.24%4/3/20134/5/20134/19/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Erie Indemnity Company (NASDAQ:ERIE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/9/2015Robert C Ingram IIIVPBuy2,500$79.90$199,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/18/2013Gary D VesheccoSVPSell1,200$74.10$88,920.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/21/2012Elizabeth A VorsheckDirectorBuy1,000$62.40$62,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Erie Indemnity Company (NASDAQ:ERIE)
DateHeadline
06/28/16 07:43 AMErie Indemnity Co. breached its 50 day moving average in a Bearish Manner : ERIE-US : June 28, 2016 -
06/27/16 07:11 AMErie Insurance introduces new coverage to protect small businesses against cloud computing risks - [at noodls] - ERIE, Pa., June 27, 2016 /PRNewswire/ -- More and more small and mid-sized businesses are using cloud computing, with the percentage expected to more than double from 37 percent today to 80 percent within ...
06/26/16 08:51 AMAfter warehouse collapse, Harrisburg tire store owner blames PennDOT, apartment complex for inaction
06/20/16 03:46 PMErie Woman Seeks Answers After Hit and Run Accident
06/20/16 03:46 PMErie Indemnity : Insurance again ranked highest in Mid-Atlantic on J.D. Power's 2016 U.S. Auto Insurance Study
06/20/16 12:09 PMErie Insurance again ranked highest in Mid-Atlantic on J.D. Power's 2016 U.S. Auto Insurance Study - [at noodls] - ERIE, Pa., June 20, 2016 /PRNewswire/ -- For the second year in a row, Erie Insurance has received the highest customer satisfaction ranking for the Mid-Atlantic region on J.D. Power's2016 U.S. Auto Insurance ...
06/18/16 08:23 AMTechnology gives Erie Insurance eyes in the field
06/16/16 07:10 AMErie Indemnity Co. breached its 50 day moving average in a Bearish Manner : ERIE-US : June 16, 2016 -
06/15/16 03:55 PMShares Down over the Past Month: Erie Indemnity Company (NASDAQ:ERIE)
06/15/16 08:38 AMErie Insurance utilizes Google Glass to improve workforce efficiency
06/14/16 08:42 AMErie Indemnity : With insurance industry talent crisis looming, Erie Insurance launches Google Glass program to improve efficiency
06/13/16 10:09 AMWith insurance industry talent crisis looming, Erie Insurance launches Google Glass program to improve efficiency - [at noodls] - ERIE, Pa., June 13, 2016 /PRNewswire/ -- Experts say retiring baby boomers will leave the insurance industry with 400,000 open positions to fill by 2020. According to the insurance training provider The ...
06/12/16 07:04 AMOur view: Changing of the guard at Erie Insurance
06/05/16 07:41 AMNew CEO sees growth for Erie Insurance
06/04/16 03:51 PMForm 4 ERIE INDEMNITY CO For: Jun 01 Filed by: DUFALA GEORGE D
06/02/16 09:56 PMNeCastro Named President & CEO of Erie Insurance - NeCastro joined Erie Insurance in 1996. He became senior vice president and controller one year later. He's been the President and Regional Officer for the Western Region since 2010. NeCastro says the company plans to stay committed to the Erie community.
06/02/16 09:56 PMErie Insurance names president, CEO-designate; Mullin’s Diner on North Side cleared by health department - He will succeed president and CEO Terrence W. Cavanaugh, who joined Erie Insurance in 2008 and is retiring later this year. Mr. NeCastro joined the company in 1996 as manager of internal auditing. Since 2010, he has held the position of senior vice ...
06/01/16 04:03 PMNeCastro to be new CEO at Erie Insurance - ERIE, Pa. -- Erie-based Erie Insurance is set later this morning to announce Timothy G. NeCastro as the company's new president and CEO-designate. NeCastro, who has served since 2010 as the company's senior vice president and regional officer for its ...
06/01/16 04:03 PMErie Insurance tabs NeCastro as new CEO - Hundreds of Erie Insurance employees gathered in the atrium to welcome Timothy NeCastro as the new president and CEO of the company. NeCastro succeeds Terrence Cavanaugh, who joined Erie Insurance in 2008. "We followed a thorough and deliberate process to ...
06/01/16 04:03 PMBRIEF-Erie Indemnity names Timothy Necastro president and CEO-designate - * Prior to joining Erie Insurance, Necastro held positions as director of finance at Plastek Group and as a senior manager at E&Y Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
06/01/16 04:03 PMErie Insurance Names NeCastro to Succeed Cavanaugh as Next CEO - Erie Indemnity Co., the managing company for Erie Insurance, has named Timothy G. NeCastro as Erie Insurance’s president and CEO-designate effective June 1. NeCastro is a 20-year veteran of the company. He will succeed current President and CEO Terrence W.
06/01/16 04:03 PMErie Insurance Names Timothy G. NeCastro President and CEO-Designate - ERIE, Pa., June 1, 2016 /PRNewswire/ -- The Board of Directors of Erie Indemnity Company (NASDAQ: ERIE), the managing company for Erie Insurance, has named Timothy G. NeCastro its president and CEO-designate effective today. He will succeed current ...
06/01/16 03:36 PMERIE INDEMNITY CO Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits -
05/31/16 03:59 PMERIE Dividend Yield Pushes Above 3% - Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Erie Indemnity Co. (Symbol: ERIE) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.92), with the stock changing hands as low ...
05/10/16 09:58 AMErie Indemnity Co. :ERIE-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/05/16 12:11 PMErie Insurance Earns Top Ranking in J.D. Power Insurance Shopping Study - [at noodls] - ERIE, Pa., May 5, 2016 /PRNewswire/ -- For the fourth year in a row, Erie Insurance received the highest ranking in Customer Satisfaction with the Auto Insurance Purchase Experience in the J.D. Power Insurance ...
05/03/16 12:56 PMETF’s with exposure to Erie Indemnity Co. : May 3, 2016 -
05/02/16 07:03 AMErie Indemnity Co. breached its 50 day moving average in a Bullish Manner : ERIE-US : May 2, 2016 -
04/29/16 01:06 PMEdited Transcript of ERIE earnings conference call or presentation 29-Apr-16 2:00pm GMT -
04/29/16 10:59 AMLive Earnings Call: Erie Indemnity's (ERIE) CEO Terry Cavanaugh on Q1 2016 Results - Earnings Call Transcript - Erie Indemnity Company ( ERIE) Q1 2016 Earnings Conference Call April 29, 2016 10:00 AM ET Executives Scott Beilharz - VP of Investor Relations Terry Cavanaugh - President and Chief Executive Officer Greg Gutting - Interim EVP and Chief Financial Officer ...
04/28/16 05:48 PMErie Indemnity posts 1Q profit -
04/28/16 03:47 PMErie Indemnity Reports First Quarter 2016 Results - [at noodls] - ERIE, Pa., April 28, 2016 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending March 31, 2016. Net income was $45.9 million, or $0.87 per diluted ...
04/28/16 03:40 PMERIE INDEMNITY CO Files SEC form 8-K, Results of Operations and Financial Condition -
04/28/16 06:07 AMQ1 2016 Erie Indemnity Co Earnings Release - After Market Close -
04/26/16 07:16 AMFix It or Risk It? Erie Insurance survey finds 60 percent of homeowners financially unprepared for both routine and unexpected home maintenance costs - [at noodls] - ERIE, Pa., April 26, 2016 /PRNewswire/ -- Experts including those at HouseLogic say homeowners ideally should set aside one to three percent of the purchase price of their homes each year for ongoing maintenance-or ...
02/26/16 12:35 PMCheapest Car Insurance in West Virginia - Insurance costs vary depending on your age and gender, where you live, your driving record and other factors. And costs can vary wildly from one company to the next for ... is clean or marred by accidents, Erie and Westfield are frequently the cheapest ...
02/26/16 12:35 PMErie Insurance earns $174 million in 2015 - Erie-based Erie Indemnity Co. saw earnings rise in 2015, with profits climbing from $167.5 million in 2014 to $174.6 million in 2015, or $3.33 a share. The company, the management firm for Erie Insurance, announced those 2015 numbers after the stock market ...
02/26/16 12:35 PMErie Indemnity Co Profit Climbs 19% In Q4 - (RTTNews.com) - Erie Indemnity Co ( ERIE) revealed earnings for its fourth quarter that advanced compared to the same period last year. The company said its bottom line came in at $30.13 million, or $0.57 per share. This was higher than $25.30 million, or ...
02/26/16 12:35 PMErie Indemnity's (ERIE) CEO Terry Cavanaugh on Q4 2015 Results - Earnings Call Transcript - This call is being recorded and recording is the property of Erie Indemnity Company. It may not be reproduced or rebroadcast by any other party without the prior written consent of Erie Indemnity Company. A replay will be available on our website after 12 ...
02/26/16 09:00 AMErie Indemnity Co Earnings Call scheduled for 10:00 am ET today -
02/25/16 06:04 PMErie Indemnity posts 4Q profit -
02/25/16 03:28 PMERIE INDEMNITY CO Files SEC form 8-K, Results of Operations and Financial Condition, Other Events -
02/25/16 03:15 PMErie Indemnity Reports Full Year and Fourth Quarter 2015 Results - [PR Newswire] - ERIE, Pa., Feb. 25, 2016 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and the quarter ending December 31, 2015. Net income was $174.7 million, ...
02/25/16 06:07 AMQ4 2015 Erie Indemnity Co Earnings Release - After Market Close -
02/14/16 01:57 PMErie Insurance marked 90 years and string of achievements in 2015 - Quotable: Speaking about volunteerism by company employees, he says, "There isn't a thing of importance that happens in this county where there isn't some Erie Insurance DNA helping to make it better." ERIE, Pa. -- At 6 feet 8 inches tall, Terry Cavanaugh ...
02/12/16 07:08 AMErie Indemnity Co. breached its 50 day moving average in a Bearish Manner : February 12, 2016 -
02/10/16 01:00 PMErie Indemnity to host fourth quarter 2015 conference call and webcast - [PR Newswire] - ERIE, Pa., Feb. 10, 2016 /PRNewswire/ -- Erie Indemnity Company (ERIE) will host an audio webcast with the financial community to discuss financial results for the fourth quarter 2015 on Friday, February 26, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, February 25. The webcast will be broadcast live via the company's Investor Relations website at www.erieinsurance.com/about/investors.aspx, and will be available as an archive after 1:30 p.m. ET.
02/07/16 01:29 PMErie-area man says hoverboard sparked fire that destroyed SUV - While she couldn't comment on this fire specifically, Erie Insurance spokeswoman Leah Knapp said the company has been seeing some claims related to hoverboard fires. Those concerns about fires, linked to overheating in the device's lithium ion batteries ...
02/02/16 01:36 PMForm 4 ERIE INDEMNITY CO For: Feb 01 Filed by: Kearns John F - Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute ...
02/01/16 07:01 AMErie Indemnity Co. breached its 50 day moving average in a Bullish Manner : February 1, 2016 -
About Erie Indemnity Company

Erie Indemnity Company logoErie Indemnity Company is a management company. The Company serves as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Company's primary function is to perform certain services for the Exchange relating to the sales, underwriting and issuance of policies on behalf of the Exchange. The sales related services the Company provides include agent compensation, and certain sales and advertising support services. Agent compensation includes scheduled commissions to agents based upon premiums written, as well as additional commissions and bonuses to agents. The underwriting services the Company provides include underwriting and policy processing expenses. It provides information technology services that support all functions. The remaining services the Company provides include customer service and administrative costs.

Industry, Sector and Symbol:
  • Sector: Financial Services
  • Industry: Insurance Brokers
  • Sub-Industry: Property & Casualty Insurance
  • Exchange: NASDAQ
  • Symbol: ERIE
  • CUSIP: 29530P10
Key Metrics:
  • Previous Close: $95.47
  • 50 Day Moving Average: $96.93
  • 200 Day Moving Average: $94.87
  • P/E Ratio: 27.59
  • P/E Growth: 2.74
  • Market Cap: $4.99B
  • Current Quarter EPS Consensus Estimate: $3.60 EPS
Additional Links:
Erie Indemnity Company (NASDAQ:ERIE) Chart for Tuesday, June, 28, 2016


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