Erie Indemnity Company (ERIE)
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]
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 StatementsNews
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...
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 ...
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...
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...
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.
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 ...
Jim Cramer analyzes the top performers of Q3
'Mad Money' host Jim Cramer looks back at the third quarter's top performers.
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...
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.
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.
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.
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.
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...
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...
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...
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 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...
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...
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...
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...
Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript
Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript
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 ...
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...
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, ...