NASDAQ:ERIE - Erie Indemnity Company Class A Stock Price, Price Target & More

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$119.53 +1.12 (+0.95 %)
(As of 06/20/2018 01:22 AM ET)
Previous Close$119.53
Today's Range$117.71 - $119.68
52-Week Range$106.63 - $129.73
Volume32,993 shs
Average Volume35,800 shs
Market Capitalization$5.47 billion
P/E Ratio30.26
Dividend Yield2.84%
Beta0.41
Erie Indemnity Company Class A logoErie 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.09
Current Ratio1.73
Quick Ratio1.73

Price-To-Earnings

Trailing P/E Ratio30.26
Forward P/E Ratio24.34
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.69 billion
Price / Sales3.26
Cash Flow$5.0075 per share
Price / Cash23.87
Book Value$18.56 per share
Price / Book6.44

Profitability

EPS (Most Recent Fiscal Year)$3.95
Net Income$196.99 million
Net Margins11.52%
Return on Equity26.27%
Return on Assets13.98%

Miscellaneous

Employees5,300
Outstanding Shares46,190,000

Erie Indemnity Company Class A (NASDAQ:ERIE) Frequently Asked Questions

What is Erie Indemnity Company Class A's stock symbol?

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

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

Erie Indemnity Company Class A announced a quarterly dividend on Monday, April 30th. Stockholders of record on Friday, July 6th will be paid a dividend of $0.84 per share on Friday, July 20th. This represents a $3.36 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Thursday, July 5th. View Erie Indemnity Company Class A's Dividend History.

How were Erie Indemnity Company Class A's earnings last quarter?

Erie Indemnity Company Class A (NASDAQ:ERIE) posted its quarterly earnings results on Thursday, April, 26th. The financial services provider reported $1.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.12 by $0.14. The financial services provider had revenue of $572.16 million for the quarter, compared to analyst estimates of $417.46 million. Erie Indemnity Company Class A had a net margin of 11.52% and a return on equity of 26.27%. View Erie Indemnity Company Class A's Earnings History.

When is Erie Indemnity Company Class A's next earnings date?

Erie Indemnity Company Class A is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Erie Indemnity Company Class A.

Who are some of Erie Indemnity Company Class A's key competitors?

Who are Erie Indemnity Company Class A's key executives?

Erie Indemnity Company Class A's management team includes the folowing people:
  • Mr. Timothy Gerard NeCastro, Pres & CEO (Age 58)
  • Mr. Gregory John Gutting CPA, C.P.C.U., Exec. VP & CFO (Age 55)
  • Mr. Bradley G. Postema, Sr. VP & Chief Investment Officer
  • Mr. Robert Coleman Ingram III, Exec. VP & Chief Information Officer (Age 59)
  • Mr. Sean Joseph McLaughlin, Exec. VP & Gen. Counsel (Age 62)

Has Erie Indemnity Company Class A been receiving favorable news coverage?

News articles about ERIE stock have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Erie Indemnity Company Class A earned a daily sentiment score of 0.05 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 47.68 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Erie Indemnity Company Class A's major shareholders?

Erie Indemnity Company Class A's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (10.59%), Franklin Resources Inc. (3.99%), BlackRock Inc. (2.05%), Schwab Charles Investment Management Inc. (0.43%), Northern Trust Corp (0.30%) and Victory Capital Management Inc. (0.22%). Company insiders that own Erie Indemnity Company Class A stock include Brian Arden Sr Hudson, John F Kearns, Louis F Colaizzo, Luann Datesh, Richard L Stover, Robert C Wilburn and Timothy G Necastro. View Institutional Ownership Trends for Erie Indemnity Company Class A.

Which major investors are selling Erie Indemnity Company Class A stock?

ERIE stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., PNC Financial Services Group Inc., California Public Employees Retirement System, Commerce Bank, Teacher Retirement System of Texas, UBS Group AG, Millennium Management LLC and BlackRock Inc.. View Insider Buying and Selling for Erie Indemnity Company Class A.

Which major investors are buying Erie Indemnity Company Class A stock?

ERIE stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Schwab Charles Investment Management Inc., GWM Advisors LLC, Sei Investments Co., Citadel Advisors LLC, Russell Investments Group Ltd., Northern Trust Corp and Aperio Group LLC. Company insiders that have bought Erie Indemnity Company Class A stock in the last two years include Brian Arden Sr Hudson, Louis F Colaizzo, Luann Datesh and Timothy G Necastro. View Insider Buying and Selling for Erie Indemnity Company Class A.

How do I buy shares of Erie Indemnity Company Class A?

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 Company Class A's stock price today?

One share of ERIE stock can currently be purchased for approximately $119.53.

How big of a company is Erie Indemnity Company Class A?

Erie Indemnity Company Class A has a market capitalization of $5.47 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 Company Class A employs 5,300 workers across the globe.

How can I contact Erie Indemnity Company Class A?

Erie Indemnity Company Class A's mailing address is 100 ERIE INSURANCE PL, 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 Company Class A (ERIE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  251
MarketBeat's community ratings are surveys of what our community members think about Erie Indemnity Company Class A 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 6/20/2018 by MarketBeat.com Staff

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