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NASDAQ:ERIE

Erie Indemnity (ERIE) Stock Price, News & Analysis

Erie Indemnity logo
$409.94 +0.04 (+0.01%)
Closing price 03/21/2025 04:00 PM Eastern
Extended Trading
$409.88 -0.06 (-0.02%)
As of 03/21/2025 04:38 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Erie Indemnity Stock (NASDAQ:ERIE)

Key Stats

Today's Range
$405.52
$416.77
50-Day Range
$377.62
$450.61
52-Week Range
$345.09
$547.00
Volume
280,270 shs
Average Volume
127,686 shs
Market Capitalization
$18.94 billion
P/E Ratio
38.35
Dividend Yield
1.33%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.

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Erie Indemnity Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
36th Percentile Overall Score

ERIE MarketRank™: 

Erie Indemnity scored higher than 36% of companies evaluated by MarketBeat, and ranked 754th out of 944 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Erie Indemnity.

  • 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 38.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Erie Indemnity is 38.35, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.59.

  • Read more about Erie Indemnity's valuation and earnings.
  • Percentage of Shares Shorted

    5.41% 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 8.6.
  • Change versus previous month

    Short interest in Erie Indemnity has recently decreased by 0.73%, indicating that investor sentiment is improving.
  • Dividend Yield

    Erie Indemnity pays a meaningful dividend of 1.31%, 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 47.56%. 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.

  • Read more about Erie Indemnity's dividend.
  • Percentage of Shares Shorted

    5.41% 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 8.6.
  • Change versus previous month

    Short interest in Erie Indemnity has recently decreased by 0.73%, indicating that investor sentiment is improving.
  • News Sentiment

    Erie Indemnity has a news sentiment score of 0.50. 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 0.98 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Erie Indemnity this week, compared to 2 articles on an average week.
  • Search Interest

    Only 2 people have searched for ERIE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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

    45.79% 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.

  • Read more about Erie Indemnity's insider trading history.
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ERIE Stock News Headlines

Erie Indemnity declares $1.365 dividend
The Dirty Secret About Gold Mining Stocks...
Here's something most gold analysts won't tell you: 90% of gold mining companies actually destroy shareholder value over time. Even as gold prices rise.
Erie Indemnity reports Q4 EPS $2.91 vs. $2.12 last year
See More Headlines

ERIE Stock Analysis - Frequently Asked Questions

Erie Indemnity's stock was trading at $412.23 on January 1st, 2025. Since then, ERIE shares have decreased by 0.6% and is now trading at $409.94.
View the best growth stocks for 2025 here
.

Erie Indemnity (NASDAQ:ERIE) issued its quarterly earnings results on Thursday, February, 27th. The financial services provider reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. The financial services provider had revenue of $924.09 million for the quarter, compared to analysts' expectations of $925.12 million. Erie Indemnity had a trailing twelve-month return on equity of 31.22% and a net margin of 15.16%.

Erie Indemnity's top institutional investors include PNC Financial Services Group Inc. (10.63%), Vanguard Group Inc. (6.39%), Geode Capital Management LLC (1.62%) and Franklin Resources Inc. (1.55%). Insiders that own company stock include Marc Cipriani, J Ralph Borneman Jr and Charles Scott Hartz.
View institutional ownership trends
.

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.

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), General Electric (GE) and e.l.f. Beauty (ELF).

Company Calendar

Ex-Dividend for 1/22 Dividend
1/07/2025
Dividend Payable
1/22/2025
Last Earnings
2/27/2025
Today
3/24/2025
Ex-Dividend for 4/22 Dividend
4/07/2025
Dividend Payable
4/22/2025
Next Earnings (Estimated)
4/24/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Insurance agents, brokers, & service
Sub-Industry
Property & Casualty Insurance
Current Symbol
NASDAQ:ERIE
Employees
6,040
Year Founded
1925

Profitability

Trailing P/E Ratio
38.35
Forward P/E Ratio
35.99
P/E Growth
N/A
Net Income
$446.06 million
Pretax Margin
19.12%

Debt

Sales & Book Value

Annual Sales
$3.86 billion
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
25,041,000
Market Cap
$18.94 billion
Optionable
Optionable
Beta
0.39

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This page (NASDAQ:ERIE) was last updated on 3/24/2025 by MarketBeat.com Staff
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