Erie Indemnity/ERIE

$355.99

-1.06%
-
1D1W1MYTD1YMAX

About Erie Indemnity

Erie Indemnity Company serves as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Company's primary function is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. It also acts as attorney-in-fact on behalf of the Exchange with respect to all claims handling and investment management services, as well as the service provider for all claims handling, life insurance and investment management services for its insurance subsidiaries (administrative services). Agent compensation includes scheduled commissions to agents based upon premiums written as well as additional commissions and bonuses to agents. Its sales related services include agent compensation and certain sales and advertising support services. Its underwriting services include underwriting and policy processing. The remaining services provided by the Company includes customer service and administrative support.
Ticker
ERIE
Sector
Financials
Trading on
NASDAQ
Industry
Insurance (Prop. & Casualty)
CEO
Timothy Necastro
Employees
5,970
Headquarters
Erie, United States

Erie Indemnity Metrics

BasicAdvanced
$18.81B
Market cap
52.45
P/E ratio
$6.86
EPS
0.39
Beta
$4.68
Dividend rate
1.42%
Dividend yield

Erie Indemnity Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.25% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$858.9M
2.27%
Net income
$131M
11.21%
Profit margin
15.25%
8.77%

Erie Indemnity Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 22.14%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
$1.25
$1.65
$2.25
$2.51
-
Expected
$1.31
$1.48
$1.91
$2.06
$2.03
Surprise
-4.58%
11.49%
18.11%
22.14%
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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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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