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Erie Indemnity Stock Price, News & Analysis (NASDAQ:ERIE)

$181.57
+2.25 (+1.25 %)
(As of 10/17/2019 04:57 AM ET)
Today's Range
$177.12
Now: $181.57
$182.40
50-Day Range
$177.46
MA: $197.13
$219.31
52-Week Range
$122.62
Now: $181.57
$270.23
Volume127,893 shs
Average Volume150,250 shs
Market Capitalization$8.39 billion
P/E Ratio32.95
Dividend Yield2.01%
Beta0.45
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. Read More…

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$2.38 billion
Cash Flow$6.53 per share
Book Value$21.08 per share

Profitability

Net Income$288.22 million

Miscellaneous

Employees5,500
Market Cap$8.39 billion
Next Earnings Date10/24/2019 (Confirmed)
OptionableOptionable

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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, July 23rd. Stockholders of record on Monday, October 7th will be paid a dividend of $0.90 per share on Tuesday, October 22nd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Friday, October 4th. View Erie Indemnity's Dividend History.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity (NASDAQ:ERIE) released its earnings results on Thursday, July, 25th. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.64 by $0.04. The financial services provider earned $647.71 million during the quarter, compared to analysts' expectations 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?

Erie Indemnity is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Erie Indemnity.

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

Erie Indemnity will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Has Erie Indemnity been receiving favorable news coverage?

News articles about ERIE stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Erie Indemnity earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news articles 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 impact on the stock's share price in the next several days. View News Stories for Erie Indemnity.

Are investors shorting Erie Indemnity?

Erie Indemnity saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,910,000 shares, an increase of 34.5% from the August 30th total of 1,420,000 shares. Based on an average trading volume of 168,700 shares, the short-interest ratio is presently 11.3 days. Currently, 7.6% of the shares of the stock are short sold. View Erie Indemnity's Current Options Chain.

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), Mallinckrodt (MNK), Amgen (AMGN), Shire (SHP), Walmart (WMT), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Boeing (BA), Honeywell International (HON) and Celgene (CELG).

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 a number of of retail and institutional investors. Top institutional shareholders include Gulf International Bank UK Ltd (0.01%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.01%). 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 institutional investors are selling Erie Indemnity stock?

ERIE stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd. View Insider Buying and Selling for Erie Indemnity.

Which institutional investors are buying Erie Indemnity stock?

ERIE stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui DS Asset Management Company Ltd. 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 $181.57.

How big of a company is Erie Indemnity?

Erie Indemnity has a market capitalization of $8.39 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?

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:  2.5 out of 5 (star star half star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  406
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 10/17/2019 by MarketBeat.com Staff

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