NASDAQ:ERIE Erie Indemnity (ERIE) Stock Price, News & Analysis $526.33 -9.82 (-1.83%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Erie Indemnity Stock (NASDAQ:ERIE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$524.71▼$539.1550-Day Range$369.25▼$536.1552-Week Range$270.36▼$539.15Volume145,885 shsAverage Volume91,470 shsMarket Capitalization$27.53 billionP/E Ratio56.84Dividend Yield0.97%Price TargetN/AConsensus RatingN/A Company OverviewErie 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.Read More… Our #1 Ticker for the Rare "Retirement Window" (Ad)We've only seen this happen three times in the past 20 years... And every time - like clockwork - it's minted an entire new class of millionaires.Click here for our #1 "Retirement Window" Stock >>> Erie Indemnity Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 72nd PercentileErie Indemnity scored higher than 72% of companies evaluated by MarketBeat, and ranked 362nd out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Erie Indemnity.Read more about Erie Indemnity's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth25.33% Earnings GrowthEarnings for Erie Indemnity are expected to grow by 25.33% in the coming year, from $11.41 to $14.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Erie Indemnity is 56.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Erie Indemnity is 56.84, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.50.Price to Book Value per Share RatioErie Indemnity has a P/B Ratio of 16.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Erie Indemnity's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.49% of the float of Erie Indemnity has been sold short.Short Interest Ratio / Days to CoverErie Indemnity has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in Erie Indemnity has recently decreased by 15.72%, indicating that investor sentiment is improving significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldErie Indemnity has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthErie Indemnity has been increasing its dividend for 35 years.Dividend CoverageThe dividend payout ratio of Erie Indemnity is 55.08%. 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 35.66% next year. This indicates that Erie Indemnity will be able to sustain or increase its dividend.Read more about Erie Indemnity's dividend. Sustainability and ESG0.0 / 5Environmental Score-0.90 Percentage of Shares Shorted2.49% of the float of Erie Indemnity has been sold short.Short Interest Ratio / Days to CoverErie Indemnity has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in Erie Indemnity has recently decreased by 15.72%, indicating that investor sentiment is improving significantly. News and Social Media2.4 / 5News Sentiment0.36 News SentimentErie Indemnity has a news sentiment score of 0.36. 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 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Erie Indemnity this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for ERIE on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows4 people have added Erie Indemnity to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Erie Indemnity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $469,545.00 in company stock.Percentage Held by Insiders45.79% 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 InstitutionsOnly 33.67% of the stock of Erie Indemnity is held by institutions.Read more about Erie Indemnity's insider trading history. ERIE Stock News HeadlinesPalantir Stock Is Up 14% on S&P 500 News: Is It Time to Buy? (ERIE)PLTR stock is up more than 14% after the announcement and may move higher now that the company will be included in the rebalancing of the S&P 500 indexSeptember 10, 2024 | marketbeat.comWhat Friday's Triple-Witching Means For YouSeptember 19 at 5:23 PM | msn.comWhy You Should NOT Trade This MarketYou'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...September 19, 2024 | InvestorPlace (Ad)Medtech News | Today's Latest Stories | ReutersSeptember 19 at 1:22 AM | reuters.comBull of the Day: Erie Indemnity (ERIE)September 18 at 10:12 AM | finance.yahoo.comWhat Stocks May Join the S&P 500? Start with Size and Profitability.September 14, 2024 | msn.comWhich Stocks May Join the S&P 500? Start with Size and Profitability.September 13, 2024 | barrons.comForget Dell and Palantir, Scoop Up This S&P 500 Dividend Stock InsteadSeptember 13, 2024 | msn.comSee More Headlines ERIE Stock Analysis - Frequently Asked Questions How have ERIE shares performed this year? Erie Indemnity's stock was trading at $334.92 at the start of the year. Since then, ERIE stock has increased by 57.2% and is now trading at $526.33. View the best growth stocks for 2024 here. How were Erie Indemnity's earnings last quarter? Erie Indemnity (NASDAQ:ERIE) issued its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $3.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.55 by $0.58. The financial services provider earned $990.44 million during the quarter, compared to the consensus estimate of $933.96 million. Erie Indemnity had a trailing twelve-month return on equity of 31.07% and a net margin of 14.95%. Who are Erie Indemnity's major shareholders? Top institutional shareholders of Erie Indemnity include Dimensional Fund Advisors LP (0.38%), Bank of New York Mellon Corp (0.37%), Principal Financial Group Inc. (0.17%) and ProShare Advisors LLC (0.16%). Insiders that own company stock include Marc Cipriani, J Ralph Borneman Jr, Charles Scott Hartz and Thomas B Hagen. 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. Compare Top Brokerages Here. 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 Cummins (CMI), Amgen (AMGN), Mallinckrodt (MNK), Walmart (WMT), Boeing (BA), Cisco Systems (CSCO) and Company Calendar Ex-Dividend for 7/23 Dividend7/09/2024Dividend Payable7/23/2024Last Earnings7/25/2024Today9/19/2024Ex-Dividend for 10/22 Dividend10/07/2024Dividend Payable10/22/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Insurance agents, brokers, & service Sub-IndustryProperty & Casualty Insurance Current SymbolNASDAQ:ERIE CUSIP29530P10 CIK922621 Webwww.erieinsurance.com Phone(814) 870-2000Fax814-870-4040Employees6,556Year Founded1925Profitability EPS (Most Recent Fiscal Year)$9.26 Trailing P/E Ratio56.84 Forward P/E Ratio46.13 P/E GrowthN/ANet Income$446.06 million Net Margins14.95% Pretax Margin18.84% Return on Equity31.07% Return on Assets20.98% Debt Debt-to-Equity RatioN/A Current Ratio1.45 Quick Ratio1.45 Sales & Book Value Annual Sales$3.64 billion Price / Sales7.56 Cash Flow$10.03 per share Price / Cash Flow52.50 Book Value$31.79 per share Price / Book16.56Miscellaneous Outstanding Shares52,300,000Free Float28,352,000Market Cap$27.53 billion OptionableOptionable Beta0.43 Social Links This page (NASDAQ:ERIE) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. 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