Erie Indemnity Company (ERIE)

NASDAQ: ERIE · IEX Real-Time Price · USD
396.81
+0.54 (0.14%)
May 17, 2024, 4:00 PM EDT - Market closed
0.14%
Market Cap 18.32B
Revenue (ttm) 3.40B
Net Income (ttm) 484.37M
Shares Out 46.19M
EPS (ttm) 9.26
PE Ratio 42.85
Forward PE 37.61
Dividend $5.10 (1.29%)
Ex-Dividend Date Jul 9, 2024
Volume 27,975
Open 397.51
Previous Close 396.27
Day's Range 394.39 - 398.87
52-Week Range 199.49 - 420.34
Beta 0.43
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]

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

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 Statements

News

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...

22 days 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...

5 weeks ago - PRNewsWire

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 ...

2 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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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)...

10 months ago - PRNewsWire

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: ...

Other symbols: APOCVXPAG
10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 year 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 year 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 year 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 year 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...

1 year 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 ...

1 year 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...

1 year ago - PRNewsWire

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...

1 year 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 ...

1 year ago - PRNewsWire

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...

1 year 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...

1 year ago - PRNewsWire

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...

2 years ago - PRNewsWire