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ERIE logo

ERIE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
218.215
Open
216.420
VWAP
215.04
Vol
140.53K
Mkt Cap
11.29B
Low
211.010
Amount
30.22M
EV/EBITDA(TTM)
15.02
Total Shares
52.29M
EV
11.01B
EV/OCF(TTM)
16.67
P/S(TTM)
2.84
Erie Indemnity Company serves as the attorney-in-fact for the subscribers at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Exchange has wholly owned property and casualty subsidiaries, including Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company, and Flagship City Insurance Company. The Exchange also has a wholly owned life insurance company, Erie Family Life Insurance Company (EFL). Its primary function as attorney-in-fact 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 subscribers at 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 the Exchange's insurance subsidiaries (collectively, administrative services).
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Events Timeline

(ET)
2026-04-23
16:30:00
Q1 Revenue Reaches $1.01 Billion
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2026-02-23 (ET)
2026-02-23
16:20:00
Q4 Revenue Reaches $951.02M
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2026-02-20 (ET)
2026-02-20
11:10:00
Erie Insurance President and CEO Tim NeCastro to Retire in 2026
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2025-12-11 (ET)
2025-12-11
16:10:00
Erie Indemnity Increases Shareholder Dividend to $1.4625 per Share
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2025-08-08 (ET)
2025-08-08
09:55:02
Early notable gainers among liquid option names on August 8th
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2025-04-24 (ET)
2025-04-24
16:26:33
Erie Indemnity reports Q1 EPS $2.65 vs. $2.38 last year
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2025-02-28 (ET)
2025-02-28
09:55:01
Early notable gainers among liquid option names on February 28th
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2025-02-27 (ET)
2025-02-27
16:27:24
Erie Indemnity reports Q4 EPS $2.91 vs. $2.12 last year
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2024-12-12 (ET)
2024-12-12
15:07:37
Erie Indemnity increases dividend 7.1%, maintains management fee rate
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2024-10-31 (ET)
2024-10-31
16:20:20
Erie Indemnity sees Q2 non-GAAP EPS 9c-11c, consensus 8c
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News

seekingalpha
9.5
04-24seekingalpha
Erie Indemnity Company Q1 2026 Earnings Call Insights
  • Board Changes: Erie Indemnity Company elected Jonathan Hirt Hagen as Chairman of the Board, succeeding Tom Hagen who served for over 20 years, indicating stability and continuity in governance structure amidst leadership transitions.
  • Financial Performance Improvement: Direct written premiums grew by 3.6% in Q1 2026, although down from 13.9% in Q1 2025, with net income reaching nearly $151 million, reflecting a gradual recovery in profitability within a competitive market.
  • Product Expansion Plans: The company plans to expand Erie Secure Auto into four additional states this quarter and launch a new online quoting platform next month, aiming to enhance customer experience and strengthen market competitiveness, showcasing a commitment to technological innovation.
  • Market Challenges and Responses: Despite an improved combined ratio of 99.4% in Q1, management noted that higher premiums are impacting customer behavior, and future strategies will involve pricing adjustments and product enhancements to address ongoing competitive pressures.
NASDAQ.COM
9.5
04-24NASDAQ.COM
Erie Indemnity to Host Q1 2026 Earnings Call
  • Earnings Call Scheduled: Erie Indemnity Co (ERIE) will host a conference call on April 24, 2025, at 10:00 AM ET to discuss its Q1 2026 earnings results, aiming to provide investors with the latest insights into the company's financial health and future outlook.
  • Webcast Access: Investors can participate in the call by logging onto the provided link, ensuring they receive real-time updates on the company's performance, which enhances transparency and boosts investor confidence.
  • Market Reaction Anticipation: This earnings call is expected to deliver key performance metrics that could influence ERIE's stock price movements, with investors closely monitoring management's insights and future guidance.
  • Strategic Communication: Through this call, Erie Indemnity will have the opportunity to communicate directly with investors, conveying its business strategies and market positioning, thereby strengthening its relationship with shareholders.
seekingalpha
9.5
04-23seekingalpha
Erie Indemnity Q1 Earnings Miss Expectations
  • Earnings Performance: Erie Indemnity reported a Q1 GAAP EPS of $2.88, missing expectations by $0.18, indicating pressure on profitability that could affect investor confidence.
  • Revenue Growth: The company achieved revenue of $1.01 billion, reflecting a 2.1% year-over-year increase, which, while modest, demonstrates some market resilience that may attract long-term investor interest.
  • Market Ranking: In quant rankings, Erie Indemnity lagged behind several top-rated financial firms, potentially diminishing its appeal among investors, especially in a competitive market landscape.
  • Historical Data Insight: Historical earnings data shows increased volatility in Erie Indemnity's profitability, necessitating close monitoring of its recovery prospects to assess long-term investment value.
PRnewswire
9.5
04-23PRnewswire
Erie Indemnity Company Reports Strong Q1 2026 Financial Results
  • Net Income Growth: Erie Indemnity Company reported a net income of $150.5 million for Q1 2026, translating to $2.88 per diluted share, which marks a significant increase from $138.4 million and $2.65 per diluted share in Q1 2025, indicating robust performance in the market.
  • Operating Revenue Increase: The company achieved operating revenue of $1.0119 billion in Q1 2026, up 2.3% from $989.4 million in Q1 2025, reflecting effective enhancements in management fees and service agreement revenues, thereby strengthening its profitability.
  • Improved Investment Income: Investment income reached $22.1 million in Q1 2026, a 13.3% increase from $19.5 million in Q1 2025, demonstrating positive outcomes from the company's investment management strategies, which further supported overall financial performance.
  • Increased Shareholder Returns: Erie Indemnity declared a dividend of $1.4625 per share for Q1 2026, up from $1.365 in Q1 2025, showcasing the company's commitment to returning value to shareholders and enhancing investor confidence.
seekingalpha
9.5
04-22seekingalpha
Erie Indemnity to Announce Q1 Earnings on April 23
  • Earnings Announcement Schedule: Erie Indemnity (ERIE) is set to release its Q1 2023 earnings report on April 23 after market close, with a consensus EPS estimate of $3.06, reflecting a 15.5% year-over-year growth, indicating the company's ongoing profitability potential.
  • Earnings Estimate Changes: Over the past three months, Erie Indemnity's EPS estimates have seen no upward revisions and one downward revision, suggesting a slight fluctuation in market confidence regarding the company's future performance, which could influence investor decisions.
  • Quantitative Rating Performance: According to Seeking Alpha's Quant Rating, Erie Indemnity ranks well among large-cap financials, while some competitors like Crown Castle and Goosehead Insurance lag behind, potentially providing ERIE with opportunities to capture market share ahead of its earnings release.
  • Historical Financial Data Reference: The historical earnings data for Erie Indemnity offers investors crucial background information to analyze its profitability trends and market positioning, serving as a reference point for the upcoming earnings report.
CNBC
4.5
04-17CNBC
Wall Street Optimism Rises Amid Ceasefire Hopes
  • Market Rebound: The S&P 500 and Nasdaq Composite reached all-time highs this week, with the S&P 500 surpassing 7,100 for the first time, reflecting strong investor confidence in economic recovery and suggesting further upward momentum for equities.
  • Earnings Expectations: According to FactSet, the S&P 500 is projected to have a blended growth rate of 12.5% in Q1, with 78% of reporting companies exceeding expectations, providing a positive backdrop for the upcoming earnings season that could further bolster market confidence.
  • Oil Price Volatility: While oil prices have fallen to around $80 per barrel, significantly below the $110 peak during the conflict, the market must remain vigilant regarding the potential impacts of U.S.-Iran tensions on global supply chains, particularly concerning the safety of transit through the Strait of Hormuz.
  • Technical Fragility: Despite the market's strong short-term performance, analyst Craig Johnson warns that the rapid transition from oversold to overbought conditions masks underlying macroeconomic risks, urging investors to remain cautious and focus on high-quality investment opportunities.

Valuation Metrics

The current forward P/E ratio for Erie Indemnity Co (ERIE.O) is 26.74, compared to its 5-year average forward P/E of 30.65. For a more detailed relative valuation and DCF analysis to assess Erie Indemnity Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
30.65
Current PE
26.74
Overvalued PE
35.08
Undervalued PE
26.22

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
4.37
Current PS
0.00
Overvalued PS
5.31
Undervalued PS
3.43

Financials

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Whales Holding ERIE

S
Summit Trail Advisors, LLC
Holding
ERIE
+10.44%
3M Return
C
Cresset Asset Management, LLC
Holding
ERIE
+1.56%
3M Return
T
The PNC Financial Services Group, Inc.
Holding
ERIE
-4.94%
3M Return

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Frequently Asked Questions

What is Erie Indemnity Co (ERIE) stock price today?

The current price of ERIE is 215.9 USD — it has decreased -0.39

What is Erie Indemnity Co (ERIE)'s business?

Erie Indemnity Company serves as the attorney-in-fact for the subscribers at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Exchange has wholly owned property and casualty subsidiaries, including Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company, and Flagship City Insurance Company. The Exchange also has a wholly owned life insurance company, Erie Family Life Insurance Company (EFL). Its primary function as attorney-in-fact 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 subscribers at 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 the Exchange's insurance subsidiaries (collectively, administrative services).

What is the price predicton of ERIE Stock?

Wall Street analysts forecast ERIE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERIE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Erie Indemnity Co (ERIE)'s revenue for the last quarter?

Erie Indemnity Co revenue for the last quarter amounts to 1.01B USD, increased 2.28

What is Erie Indemnity Co (ERIE)'s earnings per share (EPS) for the last quarter?

Erie Indemnity Co. EPS for the last quarter amounts to 2.58 USD, decreased -2.64

How many employees does Erie Indemnity Co (ERIE). have?

Erie Indemnity Co (ERIE) has 6667 emplpoyees as of May 11 2026.

What is Erie Indemnity Co (ERIE) market cap?

Today ERIE has the market capitalization of 11.29B USD.