ERIE Stock Price | Erie Indemnity Company P/E, Revenue, EPS, & Forecasts

Erie Indemnity Company • ERIE

ERIE current price

$422.23+28.86%

Capital at risk.

About
Metrics
Forecasts
Earnings performance
Financial performance
Sentiment analysis
FAQs
News

+4.43%

-2.32%

-21.32%

+17.25%

+28.86%

MAX

+488.15%

Calendar

event

Ex dividend date

07 Jan 2025

calendar_clock

Next Dividend Payment

22 Jan 2025

About Erie Indemnity Company

Ticker

ERIE

Trading on

NASDAQ

ISIN

US29530P1021

Industry

Insurance Brokers

Sector

Financial Services

CEO

Timothy Gerard NeCastro C.I.C., CPA

Headquarters

100 Erie Insurance Place, Erie, PA, United States, 16530-0001

Employees

6,481

Website

erieinsurance.com

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.

Metrics

BasicAdvanced

Market cap

$22.1B

P/E ratio

39.53

EPS

$10.69

Dividend Yield

1.31%

Beta

0.45

Forward P/E ratio

EBIDTA

$711M

Ex dividend date

2025-01-07

Price & volume

Market cap

$22.1B

Average daily volume

0.1M

90-day return

-21.32%

30-day return

-2.32%

7-day return

4.43%

Dividends

Dividend per share

$5.10

Dividend yield

1.31%

Forward dividend per share

$5.46

Forward dividend yield

1.31%

Payout ratio

47.71%

Valuation

P/E ratio

39.53

Forward P/E

PEG ratio

3.05

Trailing P/E

39.53

Price to sales

5.99

Price to book

11.28

Earnings

EPS

$10.69

EPS estimate (current quarter)

$3.02

EPS estimate (next quarter)

$2.90

EBITDA

$711M

Revenues (TTM)

$3.69B

Revenues per share (TTM)

$79.86

Technicals

Beta

0.45

52-week High

$545.72

52-week Low

$318.17

50-day moving average

$434.99

200-day moving average

$426.65

Short ratio

5.74

Short %

3.73%

Management effectiveness

ROE (TTM)

31.42%

ROA (TTM)

15.75%

Profit margin

15.16%

Gross profit margin

$376M

Operating margin

18.50%

Growth

Quarterly earnings growth (YoY)

22.00%

Quarterly revenue growth (YoY)

16.40%

Share stats

Outstanding Shares

46.2M

Float

25.1M

Insiders %

45.52%

Institutions %

36.84%

Analyst Insights & forecasts

100% Buy

0% Hold

0% Sell

Based on information from 1 analysts.

Average price target

$115.00

Earnings per share (EPS) forecast

windowbar_chart_4_bars

Actual

Expected

Surprise

$2.12

$2.03

4.43%

Q4 • 23Beat

$2.38

$2.29

3.93%

Q1 • 24Beat

$3.13

$2.58

21.32%

Q2 • 24Beat

$3.06

$3.02

1.32%

Q3 • 24Beat

$2.90

Q4 • 24Current

QuarterlyAnnual

Financial Performance

windowbar_chart_4_bars

Income StatementBalance SheetCash Flow

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Revenue

Net income

Profit margin

$988M

$164M

16.59%

Q2 • 24

$1,000M

$160M

15.98%

Q3 • 24

1.18%

2.49%

3.63%

QoQ growth

QuarterlyAnnual

Totals assets

Total liabilities

Debt to assets

$2.69B

$863M

32.06%

Q2 • 24

$2.86B

$916M

31.99%

Q3 • 24

6.40%

6.15%

0.24%

QoQ growth

QuarterlyAnnual

Operating

Investing

Financing

Free cash flow

$131M

$-52.6M

$-53M

$103M

Q2 • 24

$199M

$-90.8M

$-57.8M

$171M

Q3 • 24

51.54%

72.47%

9.02%

65.84%

QoQ growth

QuarterlyAnnual

Sentiment analysis

-1.5

Greed

+1.5

0.75

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Erie Indemnity Company share?

Erie Indemnity Company shares are currently traded for $422.23 per share.

How many shares does Erie Indemnity Company have?

Erie Indemnity Company currently has 46.2M shares.

Does Erie Indemnity Company pay dividends?

Yes, Erie Indemnity Company does pay dividends.

What is Erie Indemnity Company 52 week high?

Erie Indemnity Company 52 week high is $545.72.

What is Erie Indemnity Company 52 week low?

Erie Indemnity Company 52 week low is $318.17.

What is the 200-day moving average of Erie Indemnity Company?

Erie Indemnity Company 200-day moving average is $426.65.

Who is Erie Indemnity Company CEO?

The CEO of Erie Indemnity Company is Timothy Gerard NeCastro C.I.C., CPA.

How many employees Erie Indemnity Company has?

Erie Indemnity Company has 6,481 employees.

What is the market cap of Erie Indemnity Company?

The market cap of Erie Indemnity Company is $22.1B.

What is the P/E of Erie Indemnity Company?

The current P/E of Erie Indemnity Company is 39.53.

What is the EPS of Erie Indemnity Company?

The EPS of Erie Indemnity Company is $10.69.

What is the PEG Ratio of Erie Indemnity Company?

The PEG Ration of Erie Indemnity Company is 3.05.

What do analysts say about Erie Indemnity Company?

According to the analysts Erie Indemnity Company is considered a buy.

Erie Indemnity Company news

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•Positive

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.

Zacks Investment Research•13 Dec 2024, 18:31

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•Neutral

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.

PRNewsWire•12 Dec 2024, 21:05

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•Neutral

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.

Zacks Investment Research•04 Nov 2024, 17:00