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.
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Industry, Sector and Symbol
Industry Insurance agents, brokers, & service
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone814-870-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.38 billion
Profitability
Miscellaneous
Employees5,500
Next Earnings Date10/24/2019 (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 declared a quarterly dividend on Tuesday, May 7th. Stockholders of record on Tuesday, July 9th will be paid a dividend of $0.90 per share on Tuesday, July 23rd. This represents a $3.60 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Monday, July 8th. View Erie Indemnity's Dividend History.
How were Erie Indemnity's earnings last quarter?
Erie Indemnity (NASDAQ:ERIE) posted its earnings results on Thursday, July, 25th. The financial services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.04. The financial services provider earned $647.71 million during the quarter, compared to analyst estimates of $651.43 million. Erie Indemnity had a return on equity of 30.80% and a net margin of 12.58%. View Erie Indemnity's Earnings History.
When is Erie Indemnity's next earnings date?
Has Erie Indemnity been receiving favorable news coverage?
News coverage about ERIE stock has trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Erie Indemnity earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Erie Indemnity.
Are investors shorting Erie Indemnity?
Erie Indemnity saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,199,600 shares, an increase of 19.2% from the July 31st total of 1,006,200 shares. Based on an average trading volume of 209,900 shares, the days-to-cover ratio is currently 5.7 days. Currently, 4.9% of the company's stock are short sold. View Erie Indemnity's Current Options Chain.
Who are some of Erie Indemnity's key competitors?
Some companies that are related to Erie Indemnity include Willis Towers Watson (WLTW), Arthur J Gallagher & Co (AJG), AXA Equitable (EQH), Brown & Brown (BRO), Ashmore Group (AJMPF), eHealth (EHTH), Fanhua (FANH), CorVel (CRVL), Goosehead Insurance (GSHD), Crawford & Company (CRD.A), Crawford & Company (CRD.B), AA (AATDF), Health Insurance Innovations (HIIQ) and Marketing Alliance (MAAL).
What other stocks do shareholders of Erie Indemnity own?
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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.65%), BlackRock Inc. (3.60%), BlackRock Inc. (3.60%), Wells Fargo & Company MN (0.47%), Bank of New York Mellon Corp (0.47%) and Robeco Institutional Asset Management B.V. (0.39%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Elizabeth A Vorsheck, J Ralph Borneman Jr, 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 OLD Republic International Corp, First Trust Advisors LP, Los Angeles Capital Management & Equity Research Inc., Citadel Advisors LLC, Amundi Pioneer Asset Management Inc., Econ Financial Services Corp, Brown Advisory Inc. and Price T Rowe Associates Inc. MD. View Insider Buying and Selling for Erie Indemnity.
Which major investors are buying Erie Indemnity stock?
ERIE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Wells Fargo & Company MN, Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Robeco Institutional Asset Management B.V., UBS Asset Management Americas Inc. and Vanguard Group Inc.. Company insiders that have bought Erie Indemnity stock in the last two years include Brian Arden Sr Hudson, Elizabeth A Vorsheck, 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, Robinhood, Fidelity and Charles Schwab.
What is Erie Indemnity's stock price today?
One share of ERIE stock can currently be purchased for approximately $198.84.
How big of a company is Erie Indemnity?
Erie Indemnity has a market capitalization of $9.18 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.View Additional Information About Erie Indemnity.
What is Erie Indemnity's official website?
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)
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.
