Erie Indemnity Company (ERIE)
Market Cap | 20.05B |
Revenue (ttm) | 3.27B |
Net Income (ttm) | 446.06M |
Shares Out | 52.71M |
EPS (ttm) | 8.53 |
PE Ratio | 44.60 |
Forward PE | 37.11 |
Dividend | $5.10 (1.34%) |
Ex-Dividend Date | Apr 8, 2024 |
Volume | 36,976 |
Open | 380.35 |
Previous Close | 378.19 |
Day's Range | 376.77 - 383.87 |
52-Week Range | 199.49 - 420.34 |
Beta | 0.41 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Apr 25, 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'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 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 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 Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends
ERIE, Pa. , Dec. 6, 2023 /PRNewswire/ -- At its regular meeting held Dec. 5, 2023, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance...
Erie Indemnity Reports Third Quarter 2023 Results
Net Income per Diluted Share was $2.51 for the Quarter and $6.41 for the Nine Months of 2023 ERIE, Pa. , Oct. 26, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial r...
Erie Indemnity to host third quarter 2023 pre-recorded conference call and webcast
ERIE, Pa. , Oct. 6, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter Fri...
Erie Insurance promotes Karen Skarupski to SVP, Human Resources
Skarupski has been with ERIE for more than 32 years and has held leadership roles in law, human resources, compliance and privacy ERIE, Pa. , Aug. 2, 2023 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE)...
Erie Indemnity and Penske Automotive Group Set to Join S&P MidCap 400
NEW YORK , Aug. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Penske Automotive Group Inc. (NYSE: PAG) will replace Univar Solutions Inc. (NYSE: ...
Erie Indemnity Reports Second Quarter 2023 Results
Net Income per Diluted Share was $2.25 for the Quarter and $3.90 for the Six Months of 2023 ERIE, Pa., July 27, 2023 Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the qu...
Erie Indemnity to host second quarter 2023 pre-recorded conference call and webcast
ERIE, Pa. , July 12, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter F...
Erie Indemnity Reports First Quarter 2023 Results
Net Income was $86.2 million, Earnings per Diluted Share was $1.65 ERIE, Pa. , April 27, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter en...
Erie Indemnity to host first quarter 2023 pre-recorded conference call and webcast
ERIE, Pa. , April 11, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter F...
Erie Insurance earns top ranking in J.D. Power 2023 U.S. Property Claims Satisfaction Study
Erie Insurance is #1 in home insurance claims experience ERIE, Pa. , March 2, 2023 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) is ranked highest in customer satisfaction among property and casualty ...
Erie Indemnity Reports Full Year and Fourth Quarter 2022 Results
Net Income per Diluted Share was $1.25 for the Quarter and $5.71 for the Year ERIE, Pa. , March 1, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the ...
Erie Indemnity to reschedule pre-recorded earnings call and release of earnings
ERIE, Pa. , Feb. 23, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) ("Erie Indemnity") announced today that it will reschedule the pre-recorded fourth quarter and year-end 2022 audio webca...
Erie Insurance earns top ranking in J.D. Power 2022 U.S. Independent Agent Satisfaction Study
Erie Insurance is #1 in Independent Agent Satisfaction among personal lines insurers for the second year in a row ERIE, Pa. , Feb. 9, 2023 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) is ranked highe...
Erie Indemnity to host fourth quarter and year-end 2022 pre-recorded conference call and webcast
ERIE, Pa. , Jan. 25, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter a...
Erie Insurance names Julie Pelkowski Executive Vice President and Chief Financial Officer
Pelkowski, a 25-year ERIE employee, will succeed CFO Greg Gutting who will retire April 30 ERIE, Pa. , Dec. 21, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Julie Pelkowski ...
Erie Insurance promotes Sean Dugan to Executive Vice President, Human Resources and Corporate Services
Dugan is a 30-year ERIE employee and has served as SVP, Human Resources, since 2020 ERIE, Pa. , Dec. 21, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Sean Dugan has been pro...
Erie Indemnity Reports Third Quarter 2022 Results
Net Income per Diluted Share was $1.61 for the Quarter and $4.46 for the Nine Months of 2022 ERIE, Pa. , Oct. 27, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial r...
Erie Indemnity to host third quarter 2022 pre-recorded conference call and webcast
ERIE, Pa. , Oct. 4, 2022 /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 ...
Erie Indemnity Reports Second Quarter 2022 Results
Net Income per Diluted Share was $1.53 for the Quarter and $2.84 for the Six Months of 2022 ERIE, Pa. , July 28, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial re...
Erie Indemnity to host second quarter 2022 pre-recorded conference call and webcast
ERIE, Pa. , July 20, 2022 /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...
Erie Insurance names Tim Shine to new SVP, information technology role
Shine will focus on sales and product technology, leading ERIE's technology transformation across personal lines, commercial lines and ERIE Family Life ERIE, Pa. , May 20, 2022 /PRNewswire/ -- Erie In...
Erie Insurance announces senior leadership appointments and promotions
Leaders named for key Personal Products and Experience roles; promotions announced within Law and Internal Audit ERIE, Pa. , May 5, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced a...