Erie Indemnity Company (ERIE)
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]
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 StatementsNews

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 (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.

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...

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 ...

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?

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 (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?

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...

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...

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...

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...

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...

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...

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,...

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...

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...