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

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

Erie Indemnity declared a quarterly dividend on Friday, December 13th. Investors of record on Tuesday, January 7th will be given a dividend of $0.965 per share on Wednesday, January 22nd. This represents a $3.86 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend is Monday, January 6th. This is a boost from Erie Indemnity's previous quarterly dividend of $0.90. View Erie Indemnity's Dividend History.

Erie Indemnity (NASDAQ:ERIE) announced its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $1.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.68 by $0.12. The financial services provider earned $638.74 million during the quarter, compared to the consensus estimate of $639.70 million. Erie Indemnity had a net margin of 13.01% and a return on equity of 30.65%. View Erie Indemnity's Earnings History.

Erie Indemnity is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Erie Indemnity.

Media coverage about ERIE stock has trended negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Erie Indemnity earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Erie Indemnity.

Erie Indemnity saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 1,690,000 shares, a drop of 14.2% from the January 30th total of 1,970,000 shares. Based on an average trading volume of 96,700 shares, the short-interest ratio is currently 17.5 days. Approximately 6.7% of the shares of the company are short sold. View Erie Indemnity's Current Options Chain.

Some companies that are related to Erie Indemnity include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS), Hanover Insurance Group (THG) and Assured Guaranty (AGO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Erie Indemnity investors own include Cummins (CMI), Mallinckrodt (MNK), Amgen (AMGN), Walmart (WMT), Boeing (BA), Shire (SHP), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Albemarle (ALB) and Honeywell International (HON).

Erie Indemnity's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (10.40%), Franklin Resources Inc. (2.64%), State Street Corp (1.66%), First Trust Advisors LP (0.77%), Geode Capital Management LLC (0.65%) and Janus Henderson Group PLC (0.49%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Elizabeth A Vorsheck, J Ralph Borneman Jr, Louis F Colaizzo, Luann Datesh, Salvatore Correnti and Timothy G Necastro. View Institutional Ownership Trends for Erie Indemnity.

ERIE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Geode Capital Management LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Barclays PLC, Franklin Resources Inc., Teacher Retirement System of Texas, Royce & Associates LP and New York State Common Retirement Fund. View Insider Buying and Selling for Erie Indemnity.

ERIE stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Assetmark Inc., SG Americas Securities LLC, First Trust Advisors LP, Great West Life Assurance Co. Can, AustralianSuper Pty Ltd, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Mitsubishi UFJ Trust & Banking Corp. 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.

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.

One share of ERIE stock can currently be purchased for approximately $156.46.

Erie Indemnity has a market capitalization of $7.23 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.

The official website for Erie Indemnity is http://www.erieinsurance.com/.

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]