NASDAQ:ERIEErie Indemnity Stock Price, Forecast & 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 $210.12 +0.88 (+0.42 %) (As of 07/31/2020 04:00 PM ET) Add Compare Share Today's Range$205.78Now: $210.12▼$213.4250-Day Range$177.38MA: $190.40▼$210.4252-Week Range$130.20Now: $210.12▼$227.54Volume54,558 shsAverage Volume43,769 shsMarket Capitalization$9.71 billionP/E Ratio37.26Dividend Yield1.84%Beta0.57 ProfileAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 231 “outperform” votes. (Add your “outperform” vote.)Underperform VotesErie Indemnity has received 243 “underperform” votes. (Add your “underperform” vote.)Community SentimentErie Indemnity has received 51.27% “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 4.2 Dividend Strength Dividend YieldErie Indemnity pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthErie Indemnity has been increasing its dividend for 24 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 64.01% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend. Previous Next 1.0 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 InstitutionsOnly 34.97% of the stock of Erie Indemnity is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Erie Indemnity are expected to grow by 11.87% in the coming year, from $5.39 to $6.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Erie Indemnity is 37.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Erie Indemnity is 37.26, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.48.Price to Book Value per Share RatioErie Indemnity has a P/B Ratio of 8.57. 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: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.64 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 Ratio0.09 Current Ratio1.78 Quick Ratio1.78Price-To-Earnings Trailing P/E Ratio37.26 Forward P/E Ratio38.98 P/E GrowthN/A Sales & Book Value Annual Sales$2.48 billion Price / Sales3.92 Cash Flow$7.55 per share Price / Cash Flow27.83 Book Value$24.53 per share Price / Book8.57Profitability EPS (Most Recent Fiscal Year)$6.06 Net Income$316.82 million Net Margins11.76% Return on Equity26.27% Return on Assets14.88%Miscellaneous Employees5,700 Outstanding Shares46,190,000Market Cap$9.71 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $210.12 +0.88 (+0.42 %) (As of 07/31/2020 04:00 PM 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 (Coronavirus)? 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 stock has increased by 44.3% and is now trading at $210.12. View which stocks have been most impacted by Coronavirus. 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) issued its earnings results on Thursday, July, 30th. The financial services provider reported $1.57 earnings per share (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 analyst estimates of $623.10 million. Erie Indemnity had a net margin of 11.76% and a return on equity of 26.27%. During the same period in the previous year, the company earned $1.68 EPS. View Erie Indemnity's earnings history. How often does Erie Indemnity pay dividends? What is the dividend yield for Erie Indemnity? Erie Indemnity declared a quarterly dividend on Thursday, April 23rd. Investors of record on Tuesday, July 7th will be given a dividend of $0.965 per share on Tuesday, July 21st. This represents a $3.86 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Monday, July 6th. View Erie Indemnity's dividend history. Has Erie Indemnity been receiving favorable news coverage? Media headlines about ERIE stock have been trending negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. 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 news impact score of -2.2 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 effect on the company's share price in the next several days. View the latest news about Erie Indemnity. 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), RLI (RLI), Hanover Insurance Group (THG) and Axis Capital (AXS). 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), Mallinckrodt (MNK), Amgen (AMGN), Walmart (WMT), Boeing (BA), Cisco Systems (CSCO), Honeywell International (HON), Skyworks Solutions (SWKS), Union Pacific (UNP) and AbbVie (ABBV). 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 number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.24%), SG Americas Securities LLC (0.10%), UBS Group AG (0.03%), Nissay Asset Management Corp Japan ADV (0.02%), Robeco Institutional Asset Management B.V. (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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 major investors are selling Erie Indemnity stock? ERIE stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Zurcher Kantonalbank Zurich Cantonalbank , Symmetry Partners LLC, and IFM Investors Pty Ltd. View insider buying and selling activity for Erie Indemnity. Which major investors are buying Erie Indemnity stock? ERIE stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Nissay Asset Management Corp Japan ADV, UBS Group AG, Jackson Wealth Management LLC, Altium Wealth Management LLC, Sumitomo Mitsui Trust Holdings Inc., Emerald Advisers LLC, and Nisa Investment Advisors LLC. 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 $210.12. How big of a company is Erie Indemnity? Erie Indemnity has a market capitalization of $9.71 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 8/3/2020 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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