Erie Indemnity Company (ERIE)

NASDAQ: ERIE · IEX Real-Time Price · USD
163.84
-1.14 (-0.69%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap8.63B
Revenue (ttm)2.68B
Net Income (ttm)292.91M
Shares Out52.65M
EPS (ttm)5.59
PE Ratio29.31
Forward PEn/a
Dividend$4.29 (2.62%)
Ex-Dividend DateJul 5, 2022
Volume48,975
Open165.14
Previous Close164.98
Day's Range162.17 - 165.67
52-Week Range158.46 - 234.96
Beta0.48
AnalystsBuy
Price Targetn/a
Earnings DateApr 28, 2022

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...

IndustryInsurance
IPO DateOct 2, 1995
CEOTimothy NeCastro
Employees5,805
Stock ExchangeNASDAQ
Ticker SymbolERIE
Full Company Profile

Financial Performance

In 2021, ERIE's revenue was $2.63 billion, an increase of 3.84% compared to the previous year's $2.54 billion. Earnings were $297.86 million, an increase of 1.55%.

Financial Statements

News

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 s...

1 week 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 endi...

2 weeks 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 F...

1 month 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) today ...

2 months 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, o...

2 months 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 represented...

Other symbols:DAVAMANH
2 months 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 and...

3 months ago - PRNewsWire

3 Undervalued Stocks With Growing Dividends

It can be difficult to find value in a market making new highs on a frequent basis. This is even harder for those looking for a combination of value and income as yields get lower with rising stock prices.

Other symbols:CHRWTHG
5 months ago - GuruFocus

Erie Indemnity (ERIE) Hikes Dividend to Share More Profits

Erie Indemnity's (ERIE) recent dividend hike and special dividend reflect its intention to enhance shareholders' value supported by its strong financial position.

5 months ago - Zacks Investment Research

Erie Indemnity Appoints New Executive Officer, Approves Management Fee Rate and Dividend Increase, Declares Regular D...

ERIE, Pa., Dec. 9, 2021 /PRNewswire/ -- At its regular meeting held Dec. 7, 2021, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) appointed a new executive vice president, set the manage...

5 months ago - PRNewsWire

Erie Indemnity (ERIE) Q3 Earnings Miss Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -0.58% and 0.57%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Erie Indemnity Reports Third Quarter 2021 Results

ERIE, Pa., Oct. 28, 2021 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2021.  Net income was $90.2 million,...

6 months ago - PRNewsWire

Erie Indemnity (ERIE) Earnings Expected to Grow: Should You Buy?

Erie Indemnity (ERIE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Erie Indemnity to host third quarter 2021 pre-recorded conference call and webcast

ERIE, Pa., Oct. 13, 2021 /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 Fr...

7 months ago - PRNewsWire

6 Brokerage Stocks Making the Most of the Rising Demand for Insurance

Increased demand for insurance products given growing aging population, baby boomers and millennials and adoption of technology should drive insurance brokers like MMC, AON, AJG, WLTW, BRO and ERIE.

Other symbols:AJGAONBROMMC
8 months ago - Zacks Investment Research

Erie Indemnity (ERIE) Matches Q2 Earnings Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of 0.00% and 1.92%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Erie Indemnity Reports Second Quarter 2021 Results

ERIE, Pa., July 29, 2021 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and six months ending June 30, 2021.  Net income was $79.0 million, or $1...

9 months ago - PRNewsWire

Earnings Preview: Erie Indemnity (ERIE) Q2 Earnings Expected to Decline

Erie Indemnity (ERIE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Erie Indemnity to host second quarter 2021 pre-recorded conference call and webcast

ERIE, Pa., July 9, 2021 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter on Fr...

10 months ago - PRNewsWire

10 Dividend Growth Stocks You Can Count On

What should investors prioritize in dividend growth stocks? A history of aggressive payout expansion, and the ability to generate enough cash to keep the hikes coming.

1 year ago - Kiplinger

Erie Indemnity (ERIE) Q1 Earnings Meet Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of 0.00% and 0.46%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Recap: Erie Indemnity Q1 Earnings

Shares of Erie Indemnity (NASDAQ:ERIE) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 24.78% year over year to $1.41, which misse...

1 year ago - Benzinga

Erie Indemnity Reports First Quarter 2021 Results

ERIE, Pa., April 29, 2021 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending March 31, 2021.  Net income was $73.6 million, or $1.41 per dilut...

1 year ago - PRNewsWire

6 Insurance Brokerage Stocks to Benefit From Rising Demand

6 Insurance Brokerage Stocks to Benefit From Rising Demand

Other symbols:AJGAONBROEHTHMMC
1 year ago - Zacks Investment Research

Erie Indemnity (ERIE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Erie Indemnity (ERIE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research