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Erie Indemnity/$ERIE
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16:10
17:45
19:25
21:00
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About Erie Indemnity
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
Ticker
$ERIE
Sector
Trading on
Industry
Insurance
Headquarters
Employees
6,493
Website
Erie Indemnity Metrics
BasicAdvanced
$20B
31.97
$12.10
0.43
$5.19
1.41%
Price and volume
Market cap
$20B
Beta
0.43
52-week high
$538.03
52-week low
$333.80
Average daily volume
130K
Dividend rate
$5.19
Financial strength
Current ratio
1.36
Quick ratio
1.231
Total debt to equity
0.406
Dividend payout ratio (TTM)
41.76%
Management effectiveness
Return on assets (TTM)
16.33%
Return on equity (TTM)
31.42%
Valuation
Price to earnings (TTM)
31.974
Price to revenue (TTM)
4.846
Price to book
10.39
Price to tangible book (TTM)
10.39
Price to free cash flow (TTM)
38.235
Dividend yield (TTM)
1.34%
Forward dividend yield
1.41%
Growth
Revenue change (TTM)
17.03%
Earnings per share change (TTM)
26.99%
3-year revenue growth (CAGR)
12.26%
3-year earnings per share growth (CAGR)
23.55%
3-year dividend per share growth (CAGR)
7.20%
What the Analysts think about Erie Indemnity
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Erie Indemnity stock.
Erie Indemnity Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Erie Indemnity Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Erie Indemnity News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
FAQs
What’s the current market cap for Erie Indemnity stock?
Erie Indemnity (ERIE) has a market cap of $20B as of January 27, 2025.
What is the P/E ratio for Erie Indemnity stock?
The price to earnings (P/E) ratio for Erie Indemnity (ERIE) stock is 31.97 as of January 27, 2025.
Does Erie Indemnity stock pay dividends?
Yes, the Erie Indemnity (ERIE) stock pays dividends to shareholders. As of January 27, 2025, the dividend rate is $5.19 and the yield is 1.41%. Erie Indemnity has a payout ratio of 41.76% on a trailing twelve-month basis.
When is the next Erie Indemnity dividend payment date?
The next Erie Indemnity (ERIE) dividend payment date is unconfirmed.
What is the beta indicator for Erie Indemnity?
Erie Indemnity (ERIE) has a beta rating of 0.43. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.