NASDAQ:ERIEErie Indemnity Stock Price, Forecast & News

Erie Indemnity's stock was trading at $145.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ERIE stock has increased by 31.8% and is now trading at $192.00. View which stocks have been most impacted by Coronavirus.

Erie Indemnity is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Erie Indemnity.

Erie Indemnity (NASDAQ:ERIE) announced its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.53 by $0.40. The financial services provider earned $616.74 million during the quarter, compared to the consensus estimate of $618.20 million. Erie Indemnity had a net margin of 12.03% and a return on equity of 27.15%. During the same quarter in the previous year, the business earned $1.44 EPS. View Erie Indemnity's earnings history.

Erie Indemnity announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Tuesday, July 7th will be paid a dividend of $0.965 per share on Tuesday, July 21st. This represents a $3.86 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Monday, July 6th. View Erie Indemnity's dividend history.

News coverage about ERIE stock has trended very negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press 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 -3.2 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Erie Indemnity.

Erie Indemnity saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 927,900 shares, a decrease of 5.4% from the May 31st total of 981,200 shares. Based on an average trading volume of 133,900 shares, the days-to-cover ratio is currently 6.9 days. Approximately 5.0% of the shares of the stock 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), Travelers Companies (TRV), Allstate (ALL), Markel (MKL), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Fidelity National Financial (FNF), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG), RLI (RLI) and Axis Capital (AXS). View all competitors.

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), Cisco Systems (CSCO), Honeywell International (HON), Skyworks Solutions (SWKS), Union Pacific (UNP) and AbbVie (ABBV).

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

Erie Indemnity's stock is owned by many different retail and institutional investors. Top institutional shareholders include IFM Investors Pty Ltd (0.00%). 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.

ERIE stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd. View insider buying and selling activity 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 $192.00.

Erie Indemnity has a market capitalization of $8.87 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.

The official website for Erie Indemnity is 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]