Erie Indemnity Stock Today
| ERIE Stock | USD 396.69 6.38 1.63% |
PerformanceVery Weak
| Odds Of DistressVery Low
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Erie Indemnity is trading at 396.69 as of the 26th of February 2025, a 1.63% up since the beginning of the trading day. The stock's lowest day price was 387.29. Erie Indemnity has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain Insurance | IPO Date 2nd of October 1995 | Category Financial Services | Classification Financials |
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania. Erie Indemnity operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. The company has 46.19 M outstanding shares of which 1.15 M shares are currently shorted by private and institutional investors with about 5.66 trading days to cover. More on Erie Indemnity
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Erie Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | CPA CIC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance Brokers, Financial Services, SP 500 Index, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, Insurance, Financials, Insurance, Insurance Brokers, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsErie Indemnity can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Erie Indemnity's financial leverage. It provides some insight into what part of Erie Indemnity's total assets is financed by creditors.
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Erie Indemnity (ERIE) is traded on NASDAQ Exchange in USA. It is located in 100 Erie Insurance Place, Erie, PA, United States, 16530-0001 and employs 6,481 people. Erie Indemnity is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.74 B. Erie Indemnity conducts business under Insurance sector and is part of Financials industry. The entity has 46.19 M outstanding shares of which 1.15 M shares are currently shorted by private and institutional investors with about 5.66 trading days to cover.
Erie Indemnity currently holds about 147.47 M in cash with 381.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Erie Indemnity Probability Of Bankruptcy
Ownership AllocationErie Indemnity holds a total of 46.19 Million outstanding shares. Erie Indemnity retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Erie Ownership Details
Erie Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 157.2 K | |
| Ubs Asset Mgmt Americas Inc | 2024-12-31 | 151.7 K | |
| Jpmorgan Chase & Co | 2024-09-30 | 149.5 K | |
| Caisse De Depot Et Placement Du Quebec | 2024-12-31 | 148 K | |
| Bank Of New York Mellon Corp | 2024-12-31 | 141.1 K | |
| Atlantic Union Bankshares Corp | 2024-12-31 | 111.4 K | |
| Deutsche Bank Ag | 2024-12-31 | 107.2 K | |
| Ubs Group Ag | 2024-12-31 | 101.6 K | |
| Legal & General Group Plc | 2024-12-31 | 89.5 K | |
| Pnc Financial Services Group Inc | 2024-12-31 | 4.9 M | |
| Vanguard Group Inc | 2024-12-31 | 3 M |
Erie Indemnity Historical Income Statement
Erie Stock Against Markets
Erie Indemnity Corporate Management
| CPCU CPA | Ex CFO | Profile | |
| Marc CIC | Senior Underwriting | Profile | |
| Charles CIC | Senior Marketing | Profile | |
| Jeffrey CPCU | Senior Services | Profile | |
| CPCU FCAS | Ex Products | Profile | |
| Ronald Habursky | Senior Officer | Profile | |
| Bill Matrogran | Vice Operations | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.22 | Dividend Share 5.1 | Earnings Share 10.69 | Revenue Per Share | Quarterly Revenue Growth 0.164 |
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.