Erie Indemnity
ERIE
Market cap $20.1B

383.46 USD

-3.94

1.02%

At close Feb 21, 4:00 PM EST

After hours

383.46

+0.00

0.00%

1 day

-1.02%

5 days

-2.25%

1 month

0.63%

3 months

-9.78%

6 months

-19.35%

Year to date

-6.36%

1 year

9.31%

5 years

141.17%

10 years

312.28%

About: 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.

Employees: 6,556

Financials Insurance Agents, Brokers & Service

0

Funds holding %

of 7,139 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

327% more call options, than puts

Call options by funds: $63.8M | Put options by funds: $14.9M

76% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 46

18% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 118

7% more funds holding

Funds holding: 364 [Q3] → 388 (+24) [Q4]

0.84% less ownership

Funds ownership: 38.15% [Q3] → 37.31% (-0.84%) [Q4]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]

22% less capital invested

Capital invested by funds: $9.07B [Q3] → $7.1B (-$1.97B) [Q4]

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Research analyst outlook

We haven’t received any recent analyst ratings for ERIE.

See Analyst Rankings

Financial journalist opinion

Erie Indemnity to host fourth quarter and year-end 2024 pre-recorded conference call and webcast

ERIE, Pa. , Feb. 3, 2025 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter and year-end on Friday, Feb 28 th, at 10 a.m. Eastern Time.

Erie Indemnity to host fourth quarter and year-end 2024 pre-recorded conference call and webcast

4 Upcoming Dividend Increases

Happy New Year! Kicking off 2025 with four companies offering inflation-beating dividend increases, averaging 10.8% with a median of 11%. My strategy focuses on buying, holding, and adding companies with consistent dividend growth and market outperformance, using data from U.S. Dividend Champions and NASDAQ. I seek companies with exceptional past performance and potential for continued growth, emphasizing thorough historical data analysis and prudent investment decisions.

4 Upcoming Dividend Increases

Zacks Investment Research

Erie Indemnity Hikes Dividend by 7.1% to Share More Profits

ERIE's recent dividend hike reflects its solid capital position and balance sheet strength, which support effective capital deployment.

Erie Indemnity Hikes Dividend by 7.1% to Share More Profits

Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends

ERIE, Pa. , Dec. 12, 2024 /PRNewswire/ -- At its regular meeting held Dec. 10, 2024, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933.

Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends

Zacks Investment Research

Erie Indemnity Q3 Earnings Top on Higher Management Fee Revenues

ERIE's Q3 results reflect higher management fees and increased net investment income, offset by higher expenses.

Erie Indemnity Q3 Earnings Top on Higher Management Fee Revenues

Erie Indemnity Company (ERIE) Q3 2024 Earnings Call Transcript

Erie Indemnity Company (NASDAQ:ERIE ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President and CEO Julie Pelkowski - EVP and CFO Operator Good morning, and welcome to the Erie Indemnity Company Third Quarter 2024 Earnings Conference Call. This call was prerecorded, and there will be no question-and-answer session following the recording.

Erie Indemnity Company (ERIE) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Erie Indemnity (ERIE) Q3 Earnings and Revenues Beat Estimates

Erie Indemnity (ERIE) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.99 per share. This compares to earnings of $2.51 per share a year ago.

Erie Indemnity (ERIE) Q3 Earnings and Revenues Beat Estimates

Erie Indemnity Reports Third Quarter 2024 Results

Net Income per Diluted Share was $3.06 for the Quarter and $8.57 for the Nine Months of 2024 ERIE, Pa. , Oct. 31, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2024.

Erie Indemnity Reports Third Quarter 2024 Results

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

These are the S&P 500's biggest laggards for October, down by as much as 29%

Zacks Investment Research

Erie Indemnity Set to Report Q3 Earnings: What to Expect

ERIE's third-quarter results are likely to benefit from improved performance at both the personal and commercial lines.

Erie Indemnity Set to Report Q3 Earnings: What to Expect

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