Erie Indemnity Company (ERIE)

NASDAQ: ERIE · Real-Time Price · USD
416.48
+8.10 (1.98%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.98%
Market Cap 21.78B
Revenue (ttm) 3.69B
Net Income (ttm) 559.21M
Shares Out 52.29M
EPS (ttm) 12.10
PE Ratio 34.41
Forward PE 30.62
Dividend $5.10 (1.23%)
Ex-Dividend Date Oct 7, 2024
Volume 470,747
Open 405.95
Previous Close 408.38
Day's Range 405.95 - 418.97
52-Week Range 321.05 - 547.00
Beta 0.46
Analysts n/a
Price Target n/a
Earnings Date Oct 31, 2024

About ERIE

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. [Read more]

Sector Financials
IPO Date Oct 2, 1995
Employees 6,556
Stock Exchange NASDAQ
Ticker Symbol ERIE
Full Company Profile

Financial Performance

In 2023, Erie Indemnity Company's revenue was $3.27 billion, an increase of 15.10% compared to the previous year's $2.84 billion. Earnings were $446.06 million, an increase of 49.40%.

Financial Statements

News

Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends

ERIE, Pa. , Dec. 12, 2024 /PRNewswire/ -- At its regular meeting held Dec. 10, 2024, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insuran...

8 days ago - PRNewsWire

Erie Indemnity Company (ERIE) Q3 2024 Earnings Call Transcript

Erie Indemnity Company (NASDAQ:ERIE) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President and CEO Julie Pelkowski - EVP ...

7 weeks ago - Seeking Alpha

Erie Indemnity Reports Third Quarter 2024 Results

Net Income per Diluted Share was $3.06 for the Quarter and $8.57 for the Nine Months of 2024 ERIE, Pa. , Oct. 31, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial r...

7 weeks ago - PRNewsWire

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

7 weeks ago - Market Watch

What To Expect From Erie Indemnity Ahead Of Q3 2024 Earnings

Erie Indemnity's Q2 results were strong, with EPS of $3.13 beating estimates and revenue increasing by 17.9% year-over-year to $990.44 million. Despite recent stock resistance, Erie's strong managemen...

7 weeks ago - Seeking Alpha

Erie Indemnity's run is run by the algorithm, says Herb Greenberg

Herb Greenberg, Herb Greenberg on the street editor, joins 'Power Lunch' to discuss the risks and rewards of Erie Indemnity.

2 months ago - CNBC Television

Erie Indemnity to host third quarter 2024 pre-recorded conference call and webcast

ERIE, Pa. , Oct. 2, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter on ...

2 months ago - PRNewsWire

Jim Cramer analyzes the top performers of Q3

'Mad Money' host Jim Cramer looks back at the third quarter's top performers.

2 months ago - CNBC Television

Cramer reviews the S&P 500's top ten performers during the third quarter

On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top perfor...

2 months ago - CNBC

Palantir and Dell Are Set to Join the S&P 500 Monday. Here's What That Means.

The S&P 500 gets three new members Monday, with Palantir Technologies (PLTR), Dell Technologies (DELL) and Erie Indemnity (ERIE) set to join the benchmark index.

Other symbols: DELLPLTR
3 months ago - Investopedia

Which Stocks May Join the S&P 500? Start with Size and Profitability.

Big market-cap stocks like Workday and Apollo Global Management top the list of possible admissions. Coinbase Global, Trade Desk, and Ferguson Enterprises have a shot too.

Other symbols: DELLPLTR
3 months ago - Barrons

Are Palantir and Dell Buys on Being Added to the S&P 500?

The S&P 500 is getting three new members this month but investors need to do their own due diligence.

Other symbols: DELLPLTR
3 months ago - Kiplinger

Palantir and Dell Will Join S&P 500—What You Need To Know

Shares of Palantir Technologies (PLTR), Dell Technologies (DELL), and Erie Indemnity (ERIE) all gained Monday morning after it was announced they were being added to the S&P 500 Index.

Other symbols: DELLPLTR
3 months ago - Investopedia

Dell, Palantir and Erie Indemnity to join S&P 500

The S&P Dow Jones Indices said on Friday server maker Dell Technologies , data analytics firm Palantir Technologies and property and casualty insurer Erie Indemnity will join the benchmark S&P 500 bef...

Other symbols: DELLPLTR
3 months ago - Reuters

Erie Indemnity Company (ERIE) Q2 2024 Earnings Call Transcript

Erie Indemnity Company (NASDAQ:ERIE) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Scott Beilharz - Vice President, Investor Relations Tim NeCastro - President and C...

5 months ago - Seeking Alpha

Erie Indemnity Reports Second Quarter 2024 Results

Net Income per Diluted Share was $3.13 for the Quarter and $5.52 for the Six Months of 2024 ERIE, Pa. , July 25, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial re...

5 months ago - PRNewsWire

Erie Indemnity to host second quarter 2024 pre-recorded conference call and webcast

ERIE, Pa. , July 15, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter o...

5 months ago - PRNewsWire

5 Dividend Aristocrats To Sell Before It's Too Late

Buying stocks at record highs doesn't necessarily mean lower returns, and can actually lead to higher returns in the short term. Valuations matter, but the metric used to evaluate them is important. C...

Other symbols: BMICTASGWWNVO
7 months ago - Seeking Alpha

Erie Indemnity Company (ERIE) Q1 2024 Earnings Call Transcript

Erie Indemnity Company (NASDAQ:ERIE) Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President & CEO Julie Pelkowski - EVP & CF...

8 months ago - Seeking Alpha

Erie Indemnity Reports First Quarter 2024 Results

Net Income was $124.6 million, Earnings per Diluted Share was $2.38 ERIE, Pa. , April 25, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter e...

8 months ago - PRNewsWire

Erie Indemnity to host first quarter 2024 pre-recorded conference call and webcast

ERIE, Pa. , April 12, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter o...

9 months ago - PRNewsWire

Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript

Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Erie Indemnity Reports Full Year and Fourth Quarter 2023 Results

Net Income per Diluted Share was $2.12 for the Quarter and $8.53 for the Year ERIE, Pa. , Feb. 26, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the ...

10 months ago - PRNewsWire

Erie Indemnity to host fourth quarter and year-end 2023 pre-recorded conference call and webcast

ERIE, Pa. , Feb. 8, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter an...

11 months ago - PRNewsWire

Erie Indemnity Co (ERIE) Q3 2023 Earnings Call Transcript

Erie Indemnity Co (NASDAQ:ERIE) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Timothy NeCastro - President & CEO Julie Pelkowski - EVP & CFO Scott Beilharz - VP, ...

1 year ago - Seeking Alpha