NASDAQ:ERIE Erie Indemnity (ERIE) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free ERIE Stock Alerts $411.28 -5.51 (-1.32%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$409.48▼$418.5350-Day Range$327.68▼$417.3552-Week Range$199.49▼$420.34Volume89,332 shsAverage Volume115,315 shsMarket Capitalization$21.51 billionP/E Ratio48.22Dividend Yield1.24%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 InterestHealthy3.19% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.90Upright™ Environmental ScoreNews Sentiment0.86Based on 4 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.3.90 out of 5 starsFinance Sector323rd out of 888 stocksInsurance Agents, Brokers, & Service Industry8th 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 Shorted3.19% 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 6.9.Change versus previous monthShort interest in Erie Indemnity has recently decreased by 6.66%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldErie Indemnity pays a meaningful dividend of 1.25%, 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 3.8 News and Social Media Coverage News SentimentErie Indemnity has a news sentiment score of 0.86. 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 is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Erie Indemnity this week, compared to 2 articles on an average week.Search Interest5 people have searched for ERIE on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows5 people have added Erie Indemnity to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 33.19% 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 48.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Erie Indemnity is 48.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.17.Price to Book Value per Share RatioErie Indemnity has a P/B Ratio of 12.94. 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 Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMarch 15, 2024 | wsj.comErie Indemnity Co. Cl AMarch 14, 2024 | money.usnews.comErie Indemnity Co. - Ordinary Shares - Class AMarch 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 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 TranscriptMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: February 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 TranscriptFebruary 27, 2024 | finance.yahoo.comDecoding Erie Indemnity Co (ERIE): A Strategic SWOT InsightFebruary 26, 2024 | markets.businessinsider.comErie Indemnity Co Q4 Income Climbs, Beats estimatesFebruary 26, 2024 | finance.yahoo.comErie Indemnity Co Reports Strong Year-Over-Year Earnings GrowthFebruary 26, 2024 | prnewswire.comErie Indemnity Reports Full Year and Fourth Quarter 2023 ResultsFebruary 25, 2024 | markets.businessinsider.comHere's what Wall Street expects from Erie Indemnity's earnings reportFebruary 20, 2024 | msn.comErie Insurance added hundreds of new employees in 2023. Will hiring trend continue?February 18, 2024 | finance.yahoo.comERIE Sep 2024 360.000 putFebruary 17, 2024 | finance.yahoo.comERIE Mar 2024 340.000 callFebruary 17, 2024 | finance.yahoo.comERIE Mar 2024 270.000 putFebruary 15, 2024 | finance.yahoo.comERIE Sep 2024 360.000 callFebruary 10, 2024 | health.usnews.comErie County Medical CenterFebruary 6, 2024 | benzinga.comDeadly Floods In California Put 38 Million Under Emergency Alert While State Faces Massive Insurance CrisisFebruary 6, 2024 | insidermonkey.com5 Best Cheap Car Insurance in New York For 2024February 5, 2024 | yahoo.comErie, United States - Weather Forecasts | Maps | News - Yahoo WeatherJanuary 30, 2024 | finance.yahoo.com4 Tips on Talking to your Loved Ones about Life InsuranceJanuary 29, 2024 | finance.yahoo.comeHealth (EHTH) Surges 20.8%: Is This an Indication of Further Gains?See 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 1/23 Dividend1/05/2024Dividend Payable1/23/2024Last Earnings2/26/2024Today3/19/2024Ex-Dividend for 4/23 Dividend4/08/2024Dividend Payable4/23/2024Next Earnings (Estimated)4/25/2024Fiscal 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 Ratio48.22 Forward P/E Ratio40.76 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$3.27 billion Price / Sales6.58 Cash Flow$9.43 per share Price / Cash Flow43.63 Book Value$31.79 per share Price / Book12.94Miscellaneous Outstanding Shares52,300,000Free Float28,326,000Market Cap$21.51 billion OptionableOptionable Beta0.43 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Timothy Gerard NeCastro C.I.C. (Age 64)CPA, President & CEO Comp: $2.33MMr. Parthasarathy Srinivasa (Age 52)Executive VP & Chief Information Officer Comp: $903.27kMr. Douglas Edward Smith C.P.C.U. (Age 50)FCAS, MAAA, Executive Vice President of Sales & Products Comp: $802.59kMs. Lorianne Feltz-Upperman C.P.C.U. (Age 54)Executive Vice President of Claims & Customer Service Comp: $804.49kMs. Julie Marie Pelkowski CPA (Age 54)Executive VP & CFO Mr. 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 FletcherSenior Vice President of Sales & MarketingMore ExecutivesKey CompetitorsBrown & BrownNYSE:BROWillis Towers Watson PublicNASDAQ:WTWRyan SpecialtyNYSE:RYANEquitableNYSE:EQHArthur J. Gallagher & Co.NYSE:AJGView All CompetitorsInsiders & InstitutionsHBK Investments L PSold 50,000 shares on 3/14/2024Ownership: 0.000%Vanguard Group Inc.Bought 16,807 shares on 3/11/2024Ownership: 4.736%Wellington Management Group LLPBought 40 shares on 3/5/2024Ownership: 0.004%Goldman Sachs Group Inc.Bought 49,374 shares on 3/1/2024Ownership: 0.283%J Ralph Borneman JrSold 10,000 sharesTotal: $4.07 M ($407.38/share)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 start of the year. Since then, ERIE stock has increased by 22.8% and is now trading at $411.28. View the best growth stocks for 2024 here. Are investors shorting Erie Indemnity? Erie Indemnity saw a decline in short interest in the month of February. As of February 29th, there was short interest totaling 802,900 shares, a decline of 6.7% from the February 14th total of 860,200 shares. Based on an average trading volume of 116,400 shares, the short-interest ratio is presently 6.9 days. Approximately 3.2% of the company's stock 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, April 25th 2024. View our ERIE earnings forecast. How were Erie Indemnity's earnings last quarter? Erie Indemnity (NASDAQ:ERIE) issued its earnings results on Monday, February, 26th. The financial services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by $0.01. The financial services provider earned $817.67 million during the quarter, compared to analysts' expectations of $772.57 million. Erie Indemnity had a trailing twelve-month return on equity of 28.29% and a net margin of 13.65%. During the same quarter in the prior year, the firm posted $1.25 EPS. 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. Investors of record on Tuesday, April 9th will be given a dividend of $1.275 per share on Tuesday, April 23rd. This represents a $5.10 dividend on an annualized basis and a yield of 1.24%. 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 1.25%. 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 Formidable Fortress ETF (KONG), SPDR S&P Insurance ETF (KIE), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), iShares U.S. Insurance ETF (IAK), Fidelity Low Volatility Factor ETF (FDLO), First Trust Value Line Dividend Index Fund (FVD), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) and iShares S&P Mid-Cap 400 Growth ETF (IJK). 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.74%), Vanguard Group Inc. (4.74%), Franklin Resources Inc. (1.55%), Dimensional Fund Advisors LP (0.43%), First Trust Advisors LP (0.42%) and Northern Trust Corp (0.33%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Erie Indemnity Please log in to your account or sign up in order to add this asset to your watchlist. 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