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

Sign in or create an account to add this stock to your watchlist.
$141.30 -1.65 (-1.15 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$142.95
Today's Range$139.46 - $143.00
52-Week Range$106.63 - $147.17
Volume40,206 shs
Average Volume47,767 shs
Market Capitalization$6.53 billion
P/E Ratio35.77
Dividend Yield2.52%
Beta0.38
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. The company operates three field offices. Erie Indemnity Company was founded in 1925 and is based in Erie, Pennsylvania.

Receive ERIE News and Ratings via Email

Sign-up to receive the latest news and ratings for ERIE and its competitors with MarketBeat's FREE daily newsletter.

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$1.69 billion
Cash Flow$4.9011 per share
Book Value$18.56 per share

Profitability

Net Income$196.99 million

Miscellaneous

Employees5,300
Market Cap$6.53 billion
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 declared a quarterly dividend on Friday, December 7th. Stockholders of record on Tuesday, January 8th will be paid a dividend of $0.90 per share on Wednesday, January 23rd. This represents a $3.60 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Monday, January 7th. This is a boost from Erie Indemnity's previous quarterly dividend of $0.84. View Erie Indemnity's Dividend History.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity (NASDAQ:ERIE) issued its earnings results on Thursday, October, 25th. The financial services provider reported $1.54 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.36 by $0.18. The financial services provider had revenue of $612.13 million for the quarter. Erie Indemnity had a net margin of 11.69% and a return on equity of 30.65%. 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, February 28th 2019. View Earnings Estimates for Erie Indemnity.

Has Erie Indemnity been receiving favorable news coverage?

News coverage about ERIE stock has been trending very positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Erie Indemnity earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are some of Erie Indemnity's key competitors?

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 C.P.A., 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 variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Louis F Colaizzo, Luann Datesh, Richard L Stover, Robert C Wilburn, Salvatore Correnti and Timothy G Necastro. 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 Bank of Montreal Can. View Insider Buying and Selling for Erie Indemnity.

Which institutional investors are buying Erie Indemnity stock?

ERIE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $141.30.

How big of a company is Erie Indemnity?

Erie Indemnity has a market capitalization of $6.53 billion and generates $1.69 billion in revenue each year. The financial services provider earns $196.99 million in net income (profit) each year or $3.95 on an earnings per share basis. Erie Indemnity employs 5,300 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:  2.4 out of 5 (star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  341
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 1/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel