NASDAQ:ERIE Erie Indemnity Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Erie Indemnity Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $220.40 -1.41 (-0.64 %) (As of 09/19/2020 12:07 AM ET) Add Compare Share Today's Range$217.85Now: $220.40▼$225.3150-Day Range$205.50MA: $215.17▼$224.2852-Week Range$130.20Now: $220.40▼$226.57Volume343,700 shsAverage Volume95,212 shsMarket Capitalization$10.18 billionP/E Ratio39.08Dividend Yield1.75%Beta0.53 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. Erie Indemnity Company was founded in 1925 and is based in Erie, Pennsylvania.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Erie Indemnity. Previous Next 2.4 Community Rank Outperform VotesErie Indemnity has received 234 “outperform” votes. (Add your “outperform” vote.)Underperform VotesErie Indemnity has received 244 “underperform” votes. (Add your “underperform” vote.)Community SentimentErie Indemnity has received 51.05% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldErie Indemnity pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthErie Indemnity has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Erie Indemnity is 63.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Erie Indemnity will have a dividend payout ratio of 64.33% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Erie Indemnity insiders have not sold or bought any company stock.Percentage Held by Insiders45.77% of the stock of Erie Indemnity is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions35.11% of the stock of Erie Indemnity is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Erie Indemnity are expected to grow by 9.89% in the coming year, from $5.46 to $6.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Erie Indemnity is 39.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Erie Indemnity is 39.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.38.Price to Book Value per Share RatioErie Indemnity has a P/B Ratio of 8.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Insurance agents, brokers, & service Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:ERIE Previous Symbol CUSIP29530P10 CIK922621 Webwww.erieinsurance.com Phone814-870-2000Debt Debt-to-Equity Ratio0.08 Current Ratio1.82 Quick Ratio1.82Price-To-Earnings Trailing P/E Ratio39.08 Forward P/E Ratio40.37 P/E GrowthN/A Sales & Book Value Annual Sales$2.48 billion Price / Sales4.11 Cash Flow$7.42 per share Price / Cash Flow29.70 Book Value$24.53 per share Price / Book8.98Profitability EPS (Most Recent Fiscal Year)$6.06 Net Income$316.82 million Net Margins11.76% Return on Equity25.86% Return on Assets14.70%Miscellaneous Employees5,700 Outstanding Shares46,192,000Market Cap$10.18 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $220.40 -1.41 (-0.64 %) (As of 09/19/2020 12:07 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ERIE News and Ratings via Email Sign-up to receive the latest news and ratings for ERIE and its competitors with MarketBeat's FREE daily newsletter. Erie Indemnity (NASDAQ:ERIE) Frequently Asked Questions How has Erie Indemnity's stock been impacted by COVID-19? Erie Indemnity's stock was trading at $145.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ERIE shares have increased by 51.3% and is now trading at $220.40. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Erie Indemnity? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Erie Indemnity in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Erie Indemnity. When is Erie Indemnity's next earnings date? Erie Indemnity is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for Erie Indemnity. How were Erie Indemnity's earnings last quarter? Erie Indemnity (NASDAQ:ERIE) announced its quarterly earnings data on Thursday, July, 30th. The financial services provider reported $1.57 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.09. The financial services provider earned $657.02 million during the quarter, compared to analysts' expectations of $623.10 million. Erie Indemnity had a net margin of 11.76% and a return on equity of 25.86%. During the same quarter last year, the firm posted $1.68 earnings per share. View Erie Indemnity's earnings history. How often does Erie Indemnity pay dividends? What is the dividend yield for Erie Indemnity? Erie Indemnity announced a quarterly dividend on Monday, August 3rd. Investors of record on Monday, October 5th will be given a dividend of $0.965 per share on Tuesday, October 20th. This represents a $3.86 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Friday, October 2nd. View Erie Indemnity's dividend history. Who are some of Erie Indemnity's key competitors? Some companies that are related to Erie Indemnity include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS), RLI (RLI) and Hanover Insurance Group (THG). View all 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), Amgen (AMGN), Mallinckrodt (MNK), Walmart (WMT), Boeing (BA), Cisco Systems (CSCO), Honeywell International (HON), Union Pacific (UNP), AbbVie (ABBV) and Skyworks Solutions (SWKS). Who are Erie Indemnity's key executives? Erie Indemnity's management team includes the following 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 OfficerMr. Robert Coleman Ingram III, Exec. VP & Chief Information Officer (Age 60)Mr. Bill Matrogran, VP of Construction Management & Operations What is Erie Indemnity's stock symbol? Erie Indemnity trades on the NASDAQ under the ticker symbol "ERIE." Who are Erie Indemnity's major shareholders? Erie Indemnity's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.56%), APG Asset Management N.V. (0.72%), Bank of New York Mellon Corp (0.49%), California Public Employees Retirement System (0.46%), New York State Common Retirement Fund (0.39%) and Swiss National Bank (0.25%). Company insiders that own Erie Indemnity stock include Brian Arden Sr Hudson, Elizabeth A Vorsheck, Eugene C Connell, J Ralph Borneman Jr, Louis F Colaizzo, 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 Vanguard Group Inc., Mitsubishi UFJ Trust & Banking Corp, SG Americas Securities LLC, BI Asset Management Fondsmaeglerselskab A S, Hartford Investment Management Co., Bank of America Corp DE, Goldman Sachs Group Inc., and Nuveen Asset Management LLC. View insider buying and selling activity for Erie Indemnity. Which institutional investors are buying Erie Indemnity stock? ERIE stock was purchased by a variety of institutional investors in the last quarter, including Tobam, WINTON GROUP Ltd, California Public Employees Retirement System, Teacher Retirement System of Texas, Bank of New York Mellon Corp, APG Asset Management N.V., NN Investment Partners Holdings N.V., and Robeco Institutional Asset Management B.V.. Company insiders that have bought Erie Indemnity stock in the last two years include Brian Arden Sr Hudson, Elizabeth A Vorsheck, Eugene C Connell, Louis F Colaizzo, Salvatore Correnti, and Timothy G Necastro. View insider buying and selling activity 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 $220.40. How big of a company is Erie Indemnity? Erie Indemnity has a market capitalization of $10.18 billion and generates $2.48 billion in revenue each year. The financial services provider earns $316.82 million in net income (profit) each year or $6.06 on an earnings per share basis. Erie Indemnity employs 5,700 workers across the globe. What is Erie Indemnity's official website? The official website for Erie Indemnity is 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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