NASDAQ:ERIE - Erie Indemnity Stock Price, News, & Analysis

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$174.08 -1.98 (-1.12 %)
(As of 03/26/2019 07:27 AM ET)
Previous Close$176.06
Today's Range$173.60 - $177.30
52-Week Range$110.22 - $188.02
Volume81,491 shs
Average Volume122,174 shs
Market Capitalization$8.04 billion
P/E Ratio31.59
Dividend Yield2.04%
Beta0.5
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, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services. Erie Indemnity Company was founded in 1925 and is based in Erie, Pennsylvania.

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Industry, Sector and Symbol

Industry Insurance agents, brokers, & service
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:ERIE
CUSIP29530P10
Phone814-870-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$6.5765 per share
Book Value$21.08 per share

Profitability

Net Income$288.22 million

Miscellaneous

Employees5,500
Market Cap$8.04 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

Erie Indemnity (NASDAQ:ERIE) Frequently Asked Questions

What is Erie Indemnity's stock symbol?

Erie Indemnity trades on the NASDAQ under the ticker symbol "ERIE."

How often does Erie Indemnity pay dividends? What is the dividend yield for Erie Indemnity?

Erie Indemnity announced a quarterly dividend on Monday, February 25th. Investors of record on Monday, April 8th will be given a dividend of $0.90 per share on Tuesday, April 23rd. This represents a $3.60 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Friday, April 5th. View Erie Indemnity's Dividend History.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity (NASDAQ:ERIE) issued its quarterly earnings data on Thursday, February, 21st. The financial services provider reported $1.19 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.18. The financial services provider had revenue of $576.47 million for the quarter. Erie Indemnity had a return on equity of 31.89% and a net margin of 12.10%. View Erie Indemnity's Earnings History.

When is Erie Indemnity's next earnings date?

Erie Indemnity is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Erie Indemnity.

Has Erie Indemnity been receiving favorable news coverage?

News coverage about ERIE stock has trended somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Erie Indemnity earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Erie Indemnity's key competitors?

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 Vereit (VER), O'Reilly Automotive (ORLY), Cummins (CMI), AFLAC (AFL), Johnson & Johnson (JNJ), Cracker Barrel Old Country Store (CBRL), Virtu Financial (VIRT), AbbVie (ABBV), Broadcom (AVGO) and Adobe (ADBE).

Who are Erie Indemnity's key executives?

Erie Indemnity's management team includes the folowing people:
  • Mr. Timothy Gerard NeCastro, Pres & CEO (Age 59)
  • Mr. Gregory John Gutting CPA, C.P.C.U., Exec. VP & CFO (Age 56)
  • Mr. Bradley G. Postema, Sr. VP & Chief Investment Officer
  • Mr. Robert Coleman Ingram III, Exec. VP & Chief Information Officer (Age 60)
  • Mr. Bill Matrogran, VP of Construction Management & Operations

Who are Erie Indemnity's major shareholders?

Erie Indemnity's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (10.50%), BlackRock Inc. (2.17%), New York State Common Retirement Fund (0.69%), Dimensional Fund Advisors LP (0.61%), Dimensional Fund Advisors LP (0.61%) and Geode Capital Management LLC (0.55%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Louis F Colaizzo, Luann Datesh, Richard L Stover, Salvatore Correnti and Timothy G Necastro. View Institutional Ownership Trends for Erie Indemnity.

Which major investors are selling Erie Indemnity stock?

ERIE stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Millennium Management LLC, Royce & Associates LP, Bank of New York Mellon Corp, Rhumbline Advisers, Los Angeles Capital Management & Equity Research Inc., Columbia Asset Management and Rafferty Asset Management LLC. View Insider Buying and Selling for Erie Indemnity.

Which major investors are buying Erie Indemnity stock?

ERIE stock was acquired by a variety of institutional investors in the last quarter, including Fort Pitt Capital Group LLC, BlackRock Inc., Econ Financial Services Corp, Mitsubishi UFJ Kokusai Asset Management Co. Ltd., Geode Capital Management LLC, Geode Capital Management LLC, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. Company insiders that have bought Erie Indemnity stock in the last two years include Brian Arden Sr Hudson, Louis F Colaizzo, Luann Datesh, Salvatore Correnti and Timothy G Necastro. View Insider Buying and Selling for Erie Indemnity.

How do I buy shares of Erie Indemnity?

Shares of ERIE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Erie Indemnity's stock price today?

One share of ERIE stock can currently be purchased for approximately $174.08.

How big of a company is Erie Indemnity?

Erie Indemnity has a market capitalization of $8.04 billion and generates $2.38 billion in revenue each year. The financial services provider earns $288.22 million in net income (profit) each year or $5.51 on an earnings per share basis. Erie Indemnity employs 5,500 workers across the globe.

What is Erie Indemnity's official website?

The official website for Erie Indemnity is http://www.erieinsurance.com.

How can I contact Erie Indemnity?

Erie Indemnity's mailing address is 100 ERIE INSURANCE PLACE, ERIE PA, 16530. The financial services provider can be reached via phone at 814-870-2000 or via email at [email protected]


MarketBeat Community Rating for Erie Indemnity (NASDAQ ERIE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  358
MarketBeat's community ratings are surveys of what our community members think about Erie Indemnity and other stocks. Vote "Outperform" if you believe ERIE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERIE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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