NASDAQ:ERIE

Erie Indemnity Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$184.14
+0.08 (+0.04 %)
(As of 07/27/2021 04:00 PM ET)
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Today's Range
$182.02
$185.35
50-Day Range
$189.16
$229.03
52-Week Range
$181.20
$266.77
Volume39,234 shs
Average Volume48,818 shs
Market Capitalization$8.51 billion
P/E Ratio31.26
Dividend Yield2.25%
Beta0.41

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Erie Indemnity logo

About Erie Indemnity

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, policy issuance, and renewal 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; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.

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MarketRank

Overall MarketRank

2.08 out of 5 stars

Finance Sector

643rd out of 2,047 stocks

Insurance Agents, Brokers, & Service Industry

15th out of 31 stocks

Analyst Opinion: 0.0Community Rank: 3.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
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Erie Indemnity (NASDAQ:ERIE) Frequently Asked Questions

Is Erie Indemnity a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Erie Indemnity in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Erie Indemnity stock.
View analyst ratings for Erie Indemnity
or view top-rated stocks.

What stocks does MarketBeat like better than Erie Indemnity?

Wall Street analysts have given Erie Indemnity a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Erie Indemnity wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Erie Indemnity's next earnings date?

Erie Indemnity is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Erie Indemnity
.

How can I listen to Erie Indemnity's earnings call?

Erie Indemnity will be holding an earnings conference call on Friday, July 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity (NASDAQ:ERIE) announced its earnings results on Thursday, April, 29th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.41. The financial services provider earned $630.18 million during the quarter, compared to analyst estimates of $627.30 million. Erie Indemnity had a trailing twelve-month return on equity of 25.43% and a net margin of 12.06%.
View Erie Indemnity's earnings history
.

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

Erie Indemnity declared a quarterly dividend on Monday, April 26th. Stockholders of record on Tuesday, July 6th will be paid a dividend of $1.035 per share on Tuesday, July 20th. This represents a $4.14 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, July 2nd.
View Erie Indemnity's dividend history
.

Is Erie Indemnity a good dividend stock?

Erie Indemnity pays an annual dividend of $4.14 per share and currently has a dividend yield of 2.25%. Erie Indemnity does not yet have a strong track record of dividend growth. The dividend payout ratio of Erie Indemnity is 73.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Erie Indemnity will have a dividend payout ratio of 65.40% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend.
View Erie Indemnity's dividend history.

Who are Erie Indemnity's key executives?

Erie Indemnity's management team includes the following people:
  • Mr. Timothy Gerard NeCastro C.I.C., CPA, Pres & CEO (Age 61, Pay $2.09M)
  • Mr. Gregory John Gutting CPA, C.P.C.U., Exec. VP & CFO (Age 58, Pay $962.04k)
  • Mr. Robert Coleman Ingram III, Exec. VP & Chief Information Officer (Age 62, Pay $975.18k)
  • Mr. Douglas Edward Smith C.P.C.U., FCAS, MAAA, Exec. VP of Sales & Products (Age 47, Pay $729.91k)
  • Ms. Lorianne Feltz-Upperman C.P.C.U., Exec. VP of Claims & Customer Service (Age 51, Pay $776.92k)
  • Mr. Bill Matrogran, VP of Construction Management & Operations
  • Mr. Ronald Steven Habursky, Sr. VP & Chief Investment Officer
  • Mr. Scott W. Beilharz, VP of Capital Management & Investor Relations
  • Mr. Brian William Bolash Esq., Sr. VP, Sec. & Gen. Counsel
  • Mr. Charles Michael Fletcher, Sr. VP of Sales & Marketing

What is Timothy G. NeCastro's approval rating as Erie Indemnity's CEO?

88 employees have rated Erie Indemnity CEO Timothy G. NeCastro on Glassdoor.com. Timothy G. NeCastro has an approval rating of 96% among Erie Indemnity's employees. This puts Timothy G. NeCastro in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 Cummins (CMI), Amgen (AMGN), Mallinckrodt (MNK), Walmart (WMT), The Boeing (BA), Cisco Systems (CSCO), Honeywell International (HON), Union Pacific (UNP), AbbVie (ABBV) and Skyworks Solutions (SWKS).

What is Erie Indemnity's stock symbol?

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

Who are Erie Indemnity's major shareholders?

Erie Indemnity's stock is owned by many different retail and institutional investors. Top institutional investors include IFM Investors Pty Ltd (0.01%) and Oregon Public Employees Retirement Fund (0.01%). Company insiders that own Erie Indemnity stock include Eugene C Connell and J Ralph Borneman Jr.
View institutional ownership trends for Erie Indemnity
.

Which institutional investors are selling Erie Indemnity stock?

ERIE stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund.
View insider buying and selling activity for Erie Indemnity
or view top insider-selling stocks.

Which institutional investors are buying Erie Indemnity stock?

ERIE stock was acquired by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd.
View insider buying and selling activity for Erie Indemnity
or or view top insider-buying stocks.

What is Erie Indemnity's stock price today?

One share of ERIE stock can currently be purchased for approximately $184.14.

How much money does Erie Indemnity make?

Erie Indemnity has a market capitalization of $8.51 billion and generates $2.54 billion in revenue each year. The financial services provider earns $293.30 million in net income (profit) each year or $5.61 on an earnings per share basis.

How many employees does Erie Indemnity have?

Erie Indemnity employs 5,914 workers across the globe.

When was Erie Indemnity founded?

Erie Indemnity was founded in 1925.

What is Erie Indemnity's official website?

The official website for Erie Indemnity is www.erieinsurance.com.

Where are Erie Indemnity's headquarters?

Erie Indemnity is headquartered at 100 ERIE INSURANCE PLACE, ERIE PA, 16530.

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]


This page was last updated on 7/28/2021 by MarketBeat.com Staff
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