Erie Indemnity (ERIE) Stock Price, News & Analysis

Company Overview

Erie Indemnity Company (NASDAQ: ERIE) serves as the parent and management company for the Erie Insurance Group, a multi-line insurer offering a range of personal and commercial insurance products. Headquartered in Erie, Pennsylvania, the company oversees underwriting, claims administration, and distribution of policies through a network of independent agents. Erie Indemnity’s primary role is to provide operational support, strategic guidance and financial management for its insurance subsidiaries, enabling them to deliver tailored coverage to policyholders.

The company’s insurance offerings include auto, home, business, umbrella, and life insurance, designed to meet the needs of both individual and corporate clients. Erie Indemnity ensures consistency in underwriting standards, pricing and customer service across its regional insurance operations. In addition to traditional lines, the company supports specialty products such as artisan and contractor liability, surety bonds and flood insurance, broadening its suite of risk management solutions.

Erie Indemnity’s operations span 12 U.S. states and the District of Columbia, with major footprints in the Midwest, Mid-Atlantic and Northeast regions. Through its network of more than 10,000 independent agents, the company emphasizes community-based distribution, fostering long-term relationships with local businesses and consumers. This regional focus allows Erie Indemnity to tailor coverage to the specific regulatory environments and market conditions in each jurisdiction it serves.

Founded in 1925 by H.O. Hirt and with significant early growth under the leadership of Patrick G. Ryan, Erie Indemnity has maintained a reputation for conservative underwriting and strong customer service. Today, the company is led by President and Chief Executive Officer Christopher G. Reiss, supported by an executive team with extensive experience in insurance operations, risk management and finance. Under this leadership, Erie Indemnity continues to balance disciplined growth with a commitment to policyholder satisfaction and financial stability.

Key Stats

• Today's Range: $341.81 to $346.87
• 50-Day Range: $340.45 to $373.94
• 52-Week Range: $332.34 to $547.00
• Volume: 119,412 shs
• Average Volume: 150,843 shs
• Market Capitalization: $15.79 billion
• P/E Ratio: 29.10
• Dividend Yield: 1.60%
• Price Target: N/A
• Consensus Rating: N/A

Erie Indemnity Stock Analysis - MarketRank™

Erie Indemnity scored higher than 29% of companies evaluated by MarketBeat, and ranked 774th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Erie Indemnity.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 25.55%

Earnings Growth

Earnings for Erie Indemnity are expected to grow by 25.55% in the coming year, from $11.39 to $14.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Erie Indemnity is 29.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Erie Indemnity is 29.44, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.04.

Price to Book Value per Share Ratio

Erie Indemnity has a P/B Ratio of 8.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.56% of the float of Erie Indemnity has been sold short.

Short Interest Ratio / Days to Cover

Erie Indemnity has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Erie Indemnity has recently increased by 6.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Erie Indemnity pays a meaningful dividend of 1.59%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Erie Indemnity has been increasing its dividend for 36 years.

Dividend Coverage

The dividend payout ratio of Erie Indemnity is 46.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Erie Indemnity will have a dividend payout ratio of 38.18% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -0.90

Percentage of Shares Shorted

6.56% of the float of Erie Indemnity has been sold short.

Short Interest Ratio / Days to Cover

Erie Indemnity has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Erie Indemnity has recently increased by 6.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.64

News Sentiment

Erie Indemnity has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Erie Indemnity this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for ERIE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Erie Indemnity to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Erie Indemnity insiders have not sold or bought any company stock.

Percentage Held by Insiders

45.77% 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 Institutions

Only 33.67% of the stock of Erie Indemnity is held by institutions.

ERIE Stock Analysis - Frequently Asked Questions

How have ERIE shares performed this year?

Erie Indemnity's stock was trading at $412.23 at the beginning of the year. Since then, ERIE stock has decreased by 16.1% and is now trading at $345.7350.

How were Erie Indemnity's earnings last quarter?

Erie Indemnity Company (NASDAQ:ERIE) announced its quarterly earnings results on Thursday, April, 24th. The financial services provider reported $2.65 EPS for the quarter, missing analysts' consensus estimates of $3.19 by $0.54. The financial services provider had revenue of $989.40 million for the quarter, compared to analysts' expectations of $766.98 million. Erie Indemnity had a trailing twelve-month return on equity of 31.37% and a net margin of 15.73%.
Read the conference call transcript.

Who are Erie Indemnity's major shareholders?

Erie Indemnity's top institutional shareholders include Czech National Bank (0.01%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%), Global X Japan Co. Ltd. and Swedbank AB. Insiders that own company stock include Marc Cipriani, J Ralph Borneman Jr and Charles Scott Hartz.
View institutional ownership trends.

How do I buy shares of Erie Indemnity?

Shares of ERIE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Erie Indemnity own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Erie Indemnity investors own include Broadcom (AVGO), NVIDIA (NVDA), Adobe (ADBE), Arista Networks (ANET), Meta Platforms (META), GE Aerospace (GE) and e.l.f. Beauty (ELF).

Company Calendar

• Record date for 4/22 Dividend: 4/07/2025
• Ex-Dividend for 4/22 Dividend: 4/07/2025
• Dividend Payable: 4/22/2025
• Last Earnings: 4/24/2025
• Record date for 7/22 Dividend: 7/08/2025
• Ex-Dividend for 7/22 Dividend: 7/08/2025
• Today: 7/15/2025
• Dividend Payable: 7/22/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: INS - BROKERS
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:ERIE
• CIK: 922621
• Web: www.erieinsurance.com
• Phone: (814) 870-2000
• Fax: 814-870-4040
• Employees: 6,801
• Year Founded: 1925

Profitability

• EPS (Trailing Twelve Months): $11.75
• Trailing P/E Ratio: 29.17
• Forward P/E Ratio: 30.05
• P/E Growth: N/A
• Net Income: $600.31 million
• Net Margins: 15.73%
• Pretax Margin: 19.84%
• Return on Equity: 31.37%
• Return on Assets: 21.53%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.55
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: $3.80 billion
• Price / Sales: 4.17
• Cash Flow: $14.30 per share
• Price / Cash Flow: 23.93
• Book Value: $43.02 per share
• Price / Book: 7.96

Miscellaneous

• Outstanding Shares: 46,190,000
• Free Float: 25,050,000
• Market Cap: $15.81 billion
• Optionable: Optionable
• Beta: 0.35