Erie Indemnity Company (ERIE)

NASDAQ: ERIE · IEX Real-Time Price · USD
231.66
+4.49 (1.98%)
Mar 31, 2023, 4:00 PM EDT - Market closed
1.98%
Market Cap 12.15B
Revenue (ttm) 2.84B
Net Income (ttm) 298.57M
Shares Out 52.46M
EPS (ttm) 5.71
PE Ratio 40.57
Forward PE n/a
Dividend $4.52 (1.95%)
Ex-Dividend Date Jan 4, 2023
Volume 107,598
Open 227.23
Previous Close 227.17
Day's Range 227.23 - 233.01
52-Week Range 158.46 - 286.50
Beta 0.45
Analysts Buy
Price Target n/a
Earnings Date Apr 27, 2023

About ERIE

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, a... [Read more]

Sector Financials
IPO Date Oct 2, 1995
Employees 5,805
Stock Exchange NASDAQ
Ticker Symbol ERIE
Full Company Profile

Financial Performance

In 2022, ERIE's revenue was $2.84 billion, an increase of 7.83% compared to the previous year's $2.63 billion. Earnings were $298.57 million, an increase of 0.24%.

Financial Statements

News

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 ...

1 month ago - PRNewsWire

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 ...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

Erie Indemnity (ERIE) OK's Dividend Hike to Share More Profits

Erie Indemnity's (ERIE) recent dividend hike reflects its solid capital position and balance sheet strength that continue to support effective capital deployment.

4 months ago - Zacks Investment Research

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

ERIE, Pa. , Dec. 7, 2022 /PRNewswire/ -- At its regular meeting held Dec. 6, 2022, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance...

4 months ago - PRNewsWire

Erie Indemnity (ERIE) is on the Move, Here's Why the Trend Could be Sustainable

If you are looking for stocks that are well positioned to maintain their recent uptrend, Erie Indemnity (ERIE) could be a great choice. It is one of the several stocks that passed through our "Recent ...

5 months ago - Zacks Investment Research

Erie Indemnity (ERIE) Q3 Earnings Lag Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -10.06% and 3.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

Erie Indemnity (ERIE) Lags Q2 Earnings Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -5.56% and 2.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

Strength Seen in Erie Indemnity (ERIE): Can Its 4.2% Jump Turn into More Strength?

Erie Indemnity (ERIE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price incre...

9 months ago - Zacks Investment Research

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...

11 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

Erie Indemnity Reports First Quarter 2022 Results

Net Income was $68.6 million, Earnings per Diluted Share was $1.31 ERIE, Pa. , April 28, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter en...

1 year ago - PRNewsWire

Erie Indemnity to host first quarter 2022 pre-recorded conference call and webcast

ERIE, Pa. , April 5, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter on...

1 year ago - PRNewsWire

Erie Insurance Names Partha Srinivasa Executive Vice President and CIO

Srinivasa will join the company from Verisk Analytics where he serves as SVP, chief data and insurance information officer ERIE, Pa. , March 16, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) toda...

1 year ago - PRNewsWire

Erie Indemnity Reports Full Year and Fourth Quarter 2021 Results

ERIE, Pa., Feb. 24, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2021.  Net income was $297.9 million,...

1 year ago - PRNewsWire

A Trio of Profitable Companies With Solid Financial Conditions

When screening the market for value opportunities, investors may want to consider stocks that represent companies with high profitability and robust financial conditions. These qualities are represent...

Other symbols: DAVAMANH
1 year ago - GuruFocus

Erie Indemnity to host fourth quarter and year-end 2021 pre-recorded conference call and webcast

ERIE, Pa., Jan. 20, 2022 /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...

1 year ago - PRNewsWire