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

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$134.49 +0.08 (+0.06 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$134.49
Today's Range$133.90 - $135.43
52-Week Range$106.63 - $147.17
Volume24,012 shs
Average Volume31,314 shs
Market Capitalization$6.15 billion
P/E Ratio26.02
Dividend Yield2.52%
Beta0.36
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Insurance agents, brokers, & service
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:ERIE
Previous Symbol
CUSIP29530P10
Phone814-870-2000

Debt

Debt-to-Equity Ratio0.11
Current Ratio1.99
Quick Ratio1.99

Price-To-Earnings

Trailing P/E Ratio26.02
Forward P/E Ratio27.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.69 billion
Price / Sales3.67
Cash Flow$5.0071 per share
Price / Cash26.86
Book Value$19.94 per share
Price / Book6.74

Profitability

EPS (Most Recent Fiscal Year)$3.95
Net Income$196.99 million
Net Margins11.69%
Return on Equity30.65%
Return on Assets16.12%

Miscellaneous

Employees5,300
Outstanding Shares46,190,000
Market Cap$6.15 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 announced a quarterly dividend on Monday, July 30th. Stockholders of record on Tuesday, October 9th will be given a dividend of $0.84 per share on Tuesday, October 23rd. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Monday, October 8th. View Erie Indemnity's Dividend History.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity (NASDAQ:ERIE) posted its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $1.54 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.36 by $0.18. The financial services provider earned $612.13 million during 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?

Media coverage about ERIE stock has been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 1.7 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near future.

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 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)

Who are Erie Indemnity's major shareholders?

Erie Indemnity's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (10.50%), Franklin Resources Inc. (3.60%), BlackRock Inc. (2.07%), Dimensional Fund Advisors LP (0.58%), Royce & Associates LP (0.55%) and Bank of New York Mellon Corp (0.45%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Louis F Colaizzo, Luann Datesh, Richard L Stover, Robert C Wilburn 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 Franklin Resources Inc., Royce & Associates LP, Mycio Wealth Partners LLC, Rhumbline Advisers, BlackRock Inc., Redwood Investment Management LLC, Amalgamated Bank and Nisa Investment Advisors LLC. 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 Victory Capital Management Inc., First Trust Advisors LP, Renaissance Technologies LLC, Bank of New York Mellon Corp, Citadel Advisors LLC, Dimensional Fund Advisors LP, TIAA CREF Investment Management LLC and Wells Fargo & Company MN. Company insiders that have bought Erie Indemnity 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.

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 $134.49.

How big of a company is Erie Indemnity?

Erie Indemnity has a market capitalization of $6.15 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:  158 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  329
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 11/17/2018 by MarketBeat.com Staff

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