Erie Indemnity (ERIE) Stock Price, News & Analysis

Company Overview

Erie Indemnity Company serves as the management arm for the Erie Insurance Group, a regional property and casualty insurer. Established in 1925 and headquartered in Erie, Pennsylvania, the company provides administrative, actuarial, underwriting, claims and marketing services to reciprocal insurance exchanges. Through these reciprocal exchanges, Erie Indemnity facilitates risk sharing among policyholders and supports a diversified portfolio of personal and commercial insurance products.

The company’s primary product offerings include auto, homeowners, business auto, commercial property, and liability coverage. Erie Indemnity delivers these products through a network of more than 2,000 independent insurance agencies across 12 states and the District of Columbia. By partnering with local agencies, the company combines regional market expertise with centralized service capabilities to tailor insurance solutions for individuals and businesses.

Since its founding nearly a century ago, Erie Indemnity has maintained a focus on conservative underwriting and customer service. The firm is led by President and Chief Executive Officer Michael J. Thonis, supported by an executive team with deep industry experience. While the core market remains the Northeast and Midwest United States, Erie Indemnity’s reciprocal structure has provided a stable platform for measured expansion and sustained financial strength.

Key Stats

• Today's Range: $341.76 to $348.59
• 50-Day Range: $340.45 to $373.94
• 52-Week Range: $332.34 to $547.00
• Volume: 94,095 shs
• Average Volume: 159,132 shs
• Market Capitalization: $16.09 billion
• P/E Ratio: 29.64
• Dividend Yield: 1.57%
• 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 802nd out of 933 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 29.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Erie Indemnity is 29.10, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.10.

Price to Book Value per Share Ratio

Erie Indemnity has a P/B Ratio of 8.10. 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 1.60%, 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 0.93 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

45.79% 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.

ERIE Stock Analysis - Frequently Asked Questions

How have ERIE shares performed this year?

Erie Indemnity's stock was trading at $412.23 at the start of the year. Since then, ERIE shares have decreased by 15.5% and is now trading at $348.26.

How were Erie Indemnity's earnings last quarter?

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

Who are Erie Indemnity's major shareholders?

Top institutional shareholders of Erie Indemnity include Czech National Bank (0.01%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%), State of Alaska Department of Revenue (0.01%) and Global X Japan Co. Ltd.. 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: 7/16/2025
• 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: 29.64
• Forward P/E Ratio: 30.58
• 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: 4.24
• Cash Flow: $14.44 per share
• Price / Cash Flow: 24.12
• Book Value: $43.02 per share
• Price / Book: 8.10

Miscellaneous

• Outstanding Shares: 46,190,000
• Free Float: 25,050,000
• Market Cap: $16.09 billion
• Optionable: Optionable
• Beta: 0.35