NASDAQ:ERIE Erie Indemnity (ERIE) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free ERIE Stock Alerts $381.74 +1.48 (+0.39%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$371.31▼$386.6750-Day Range$349.51▼$417.3552-Week Range$199.49▼$420.34Volume59,004 shsAverage Volume105,199 shsMarket Capitalization$19.97 billionP/E Ratio44.75Dividend Yield1.34%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Erie Indemnity alerts: Email Address Erie Indemnity MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.70% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.90Upright™ Environmental ScoreNews Sentiment0.47Based on 10 Articles This WeekInsider TradingSelling Shares$4.07 M Sold Last QuarterProj. Earnings Growth12.29%From $10.09 to $11.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.53 out of 5 starsFinance Sector423rd out of 853 stocksInsurance Agents, Brokers, & Service Industry10th out of 18 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Erie Indemnity. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.70% of the float of Erie Indemnity has been sold short.Short Interest Ratio / Days to CoverErie Indemnity has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Erie Indemnity has recently decreased by 12.38%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldErie Indemnity pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthErie Indemnity has been increasing its dividend for 34 years.Dividend CoverageThe dividend payout ratio of Erie Indemnity is 59.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Erie Indemnity will have a dividend payout ratio of 45.01% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreErie Indemnity has received a -121.74% net impact score from Upright. Erie Insurance uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Physical diseases". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Vehicle insurance services for individuals", "Home insurance services for individuals", and "Pension funding services" products. See details.Environmental SustainabilityThe Environmental Impact score for Erie Indemnity is -0.90. Previous Next 2.5 News and Social Media Coverage News SentimentErie Indemnity has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Erie Indemnity this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for ERIE on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows2 people have added Erie Indemnity to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Erie Indemnity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,073,800.00 in company stock.Percentage Held by Insiders45.79% of the stock of Erie Indemnity is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.67% of the stock of Erie Indemnity is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Erie Indemnity are expected to grow by 12.29% in the coming year, from $10.09 to $11.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Erie Indemnity is 44.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Erie Indemnity is 44.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 53.52.Price to Book Value per Share RatioErie Indemnity has a P/B Ratio of 12.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyThese AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet. Click Here To Get Your Free Copy About Erie Indemnity Stock (NASDAQ:ERIE)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.Read More ERIE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERIE Stock News HeadlinesApril 25, 2024 | markets.businessinsider.comErie Indemnity Co Q1 Income Rises, Beats estimatesApril 25, 2024 | investorplace.comERIE Stock Earnings: Erie Indemnity Beats EPS, Beats Revenue for Q1 2024April 27, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 25, 2024 | gurufocus.comErie Indemnity Co (ERIE) Surpasses Analyst Earnings Estimates in Q1 2024April 25, 2024 | prnewswire.comErie Indemnity Reports First Quarter 2024 ResultsApril 25, 2024 | markets.businessinsider.comWest Pharmaceutical Services Q1 Net Income Declines; Increases 2024 Adj. EPS GuidanceApril 24, 2024 | msn.comErie Indemnity Q1 2024 Earnings PreviewApril 24, 2024 | markets.businessinsider.comErie Indemnity earnings: here's what Wall Street expectsApril 27, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 20, 2024 | finance.yahoo.comErie Indemnity Company (ERIE)April 17, 2024 | nasdaq.comRSI Alert: Erie Indemnity Now OversoldApril 17, 2024 | finance.yahoo.comWhy We Think Shareholders May Be Considering Bumping Up Erie Indemnity Company's (NASDAQ:ERIE) CEO CompensationApril 12, 2024 | prnewswire.comErie Indemnity to host first quarter 2024 pre-recorded conference call and webcastApril 11, 2024 | finance.yahoo.comErie Indemnity (NASDAQ:ERIE) shareholders have earned a 20% CAGR over the last five yearsApril 9, 2024 | uk.finance.yahoo.comErie Indemnity Company (ERIE) stock price, news, quote & history – Yahoo FinanceApril 1, 2024 | finance.yahoo.comShould Distracted Driving Laws Apply to Your Dog? Erie Insurance Survey Shows Americans Equally Divided on the IssueMarch 22, 2024 | msn.comErie Insurance will support Renaissance Centre hotel project with $11 million in loansMarch 21, 2024 | finance.yahoo.comIn spite of recent selling, insiders still have the largest holding in Erie Indemnity Company (NASDAQ:ERIE) with a 41% ownershipMarch 15, 2024 | wsj.comErie Indemnity Co. Cl AMarch 14, 2024 | money.usnews.comErie Indemnity Co. - Ordinary Shares - Class AMarch 13, 2024 | msn.com4 Mid-Caps Ready to Soar as Markets Attempt Another ATH After CPI ReportMarch 4, 2024 | finanznachrichten.deErie Indemnity Company: Erie Indemnity Reports Full Year and Fourth Quarter 2023 ResultsMarch 3, 2024 | finance.yahoo.comERIE Apr 2024 390.000 callMarch 3, 2024 | finance.yahoo.comERIE Mar 2024 420.000 callFebruary 29, 2024 | seekingalpha.comErie Indemnity Company (ERIE) Q4 2023 Earnings Call TranscriptFebruary 28, 2024 | finance.yahoo.comQ4 2023 Erie Indemnity Co Earnings Call (Pre-recorded)February 28, 2024 | finance.yahoo.comErie Indemnity Company (NASDAQ:ERIE) Q4 2023 Earnings Call TranscriptSee More Headlines Receive ERIE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Erie Indemnity and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/23 Dividend4/08/2024Dividend Payable4/23/2024Last Earnings4/25/2024Today4/27/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Insurance agents, brokers, & service Sub-IndustryProperty & Casualty Insurance Current SymbolNASDAQ:ERIE CUSIP29530P10 CIK922621 Webwww.erieinsurance.com Phone(814) 870-2000Fax814-870-4040Employees6,556Year Founded1925Profitability EPS (Most Recent Fiscal Year)$8.53 Trailing P/E Ratio44.75 Forward P/E Ratio37.83 P/E GrowthN/ANet Income$446.06 million Net Margins13.65% Pretax Margin17.19% Return on Equity28.29% Return on Assets18.95% Debt Debt-to-Equity RatioN/A Current Ratio1.47 Quick Ratio1.47 Sales & Book Value Annual Sales$3.46 billion Price / Sales5.76 Cash Flow$9.53 per share Price / Cash Flow40.05 Book Value$31.79 per share Price / Book12.01Miscellaneous Outstanding Shares52,300,000Free Float28,352,000Market Cap$19.97 billion OptionableOptionable Beta0.43 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Timothy Gerard NeCastro C.I.C. (Age 64)CPA, President & CEO Comp: $2.76MMs. Julie Marie Pelkowski CPA (Age 54)Executive VP & CFO Comp: $817.97kMr. Parthasarathy Srinivasa (Age 52)Executive VP & Chief Information Officer Comp: $1.01MMr. Douglas Edward Smith C.P.C.U. (Age 50)FCAS, MAAA, Executive Vice President of Sales & Products Comp: $880.78kMs. Lorianne Feltz-Upperman C.P.C.U. (Age 54)Executive Vice President of Claims & Customer Service Comp: $896.55kMr. Bill MatrogranVice President of Construction Management & OperationsMr. Ronald Steven HaburskySenior VP & Chief Investment OfficerMr. Scott W. BeilharzVice President of Capital Management & Investor RelationsMr. Brian William Bolash Esq. (Age 58)Executive VP, Corporate Secretary & General Counsel Mr. Charles Michael Fletcher C.I.C.Senior Vice President of Sales & MarketingMore ExecutivesKey CompetitorsBrown & BrownNYSE:BROWillis Towers Watson PublicNASDAQ:WTWRyan SpecialtyNYSE:RYANEquitableNYSE:EQHArthur J. Gallagher & Co.NYSE:AJGView All CompetitorsInsiders & InstitutionsYousif Capital Management LLCSold 267 shares on 4/26/2024Ownership: 0.021%Fjarde AP Fonden Fourth Swedish National Pension FundBought 200 shares on 4/25/2024Ownership: 0.032%CENTRAL TRUST CoBought 200 shares on 4/24/2024Ownership: 0.000%Louisiana State Employees Retirement SystemBought 200 shares on 4/23/2024Ownership: 0.014%TriaGen Wealth Management LLCSold 26 shares on 4/23/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions ERIE Stock Analysis - Frequently Asked Questions How have ERIE shares performed in 2024? Erie Indemnity's stock was trading at $334.92 at the beginning of 2024. Since then, ERIE shares have increased by 14.0% and is now trading at $381.74. View the best growth stocks for 2024 here. Are investors shorting Erie Indemnity? Erie Indemnity saw a decline in short interest in April. As of April 15th, there was short interest totaling 679,700 shares, a decline of 12.4% from the March 31st total of 775,700 shares. Based on an average daily trading volume, of 111,500 shares, the days-to-cover ratio is presently 6.1 days. Currently, 2.7% of the company's shares are short sold. View Erie Indemnity's Short Interest. When is Erie Indemnity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our ERIE earnings forecast. How were Erie Indemnity's earnings last quarter? Erie Indemnity (NASDAQ:ERIE) announced its quarterly earnings data on Thursday, April, 25th. The financial services provider reported $2.38 EPS for the quarter, beating analysts' consensus estimates of $2.33 by $0.05. The financial services provider had revenue of $880.70 million for the quarter, compared to analyst estimates of $835.61 million. Erie Indemnity had a net margin of 13.65% and a trailing twelve-month return on equity of 28.29%. How often does Erie Indemnity pay dividends? What is the dividend yield for Erie Indemnity? Erie Indemnity declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Tuesday, April 9th will be paid a dividend of $1.275 per share on Tuesday, April 23rd. This represents a $5.10 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Monday, April 8th. Read our dividend analysis for ERIE. Is Erie Indemnity a good dividend stock? Erie Indemnity (NASDAQ:ERIE) pays an annual dividend of $5.10 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 34 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERIE will have a dividend payout ratio of 45.01% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ERIE. What ETFs hold Erie Indemnity's stock? ETFs with the largest weight of Erie Indemnity (NASDAQ:ERIE) stock in their portfolio include ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Formidable Fortress ETF (KONG), SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap Quality ETF (XMHQ), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Invesco Dorsey Wright Financial Momentum ETF (PFI), iShares U.S. Insurance ETF (IAK) and Invesco S&P MidCap Momentum ETF (XMMO). What is Timothy G. NeCastro's approval rating as Erie Indemnity's CEO? 88 employees have rated Erie Indemnity Chief Executive Officer Timothy G. NeCastro on Glassdoor.com. Timothy G. NeCastro has an approval rating of 96% among the company's employees. This puts Timothy G. NeCastro in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Erie Indemnity own? Based on aggregate information from My MarketBeat watchlists, some companies that other Erie Indemnity investors own include Cummins (CMI), Amgen (AMGN), Mallinckrodt (MNK), Walmart (WMT), Boeing (BA), Cisco Systems (CSCO), Union Pacific (UNP), AbbVie (ABBV) and Skyworks Solutions (SWKS). Who are Erie Indemnity's major shareholders? Erie Indemnity's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.12%), Fort Pitt Capital Group LLC (0.07%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Los Angeles Capital Management LLC (0.03%), Amalgamated Bank (0.02%) and Yousif Capital Management LLC (0.02%). Insiders that own company stock include J Ralph Borneman Jr, Marc Cipriani and Thomas B Hagen. View institutional ownership trends. How do I buy shares of Erie Indemnity? Shares of ERIE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ERIE) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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