Market closedNon-fractional
Erie Indemnity/ERIE
13:30
15:10
16:45
18:25
20:00
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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
Financials
Trading on
NASDAQ
Industry
Insurance
Headquarters
Erie, United States
Employees
6,493
Website
www.erieinsurance.com
Erie Indemnity Metrics
BasicAdvanced
$20B
Market cap
36.96
P/E ratio
$10.48
EPS
0.47
Beta
$4.93
Dividend rate
1.27%
Dividend yield
Price and volume
Market cap
$20B
Beta
0.47
Dividend rate
$4.93
Financial strength
Current ratio
1.295
Quick ratio
1.181
Dividend payout ratio (TTM)
46.58%
Management effectiveness
Return on assets (TTM)
15.21%
Return on equity (TTM)
30.15%
Valuation
Price to earnings (TTM)
36.963
Price to revenue (TTM)
5.269
Price to book
11.8
Price to tangible book (TTM)
11.8
Price to free cash flow (TTM)
55.172
Dividend yield (TTM)
1.27%
Growth
Revenue change (TTM)
16.32%
Earnings per share change (TTM)
53.15%
3-year revenue growth (CAGR)
10.03%
3-year earnings per share growth (CAGR)
21.25%
3-year dividend per share growth (CAGR)
7.22%
Erie Indemnity Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$881M
7.72%
Net income
$125M
12.26%
Profit margin
14.13%
4.20%
Erie Indemnity Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.25
$2.51
$2.12
$2.38
-
Expected
$1.91
$2.06
$2.03
$2.29
$2.58
Surprise
18.11%
22.14%
4.69%
3.93%
-
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
Market closedNon-fractional
Upcoming events
Oct
7
Erie Indemnity
Dividend·Ex-dividend
Oct
22
Erie Indemnity
Dividend·Payment
$1.275
Per share
FAQs
What’s the current market cap for Erie Indemnity stock?
Erie Indemnity (ERIE) has a market cap of $20B as of July 27, 2024.
What is the P/E ratio for Erie Indemnity stock?
The price to earnings (P/E) ratio for Erie Indemnity (ERIE) stock is 36.96 as of July 27, 2024.
Does Erie Indemnity stock pay dividends?
Yes, the Erie Indemnity (ERIE) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $4.93 and the yield is 1.27%. Erie Indemnity has a payout ratio of 46.58% on a trailing twelve-month basis.
When is the next Erie Indemnity dividend payment date?
The next Erie Indemnity (ERIE) dividend payment is scheduled for October 22, 2024.
What is the beta indicator for Erie Indemnity?
Erie Indemnity (ERIE) has a beta rating of 0.47. 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.
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