How to buy Erie Indemnity Company stock (ERIE)

Erie Indemnity Company is an insurance brokers business based in the US. Erie Indemnity Company shares (ERIE) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $419.32 – an increase of 0.68% over the previous week. Erie Indemnity Company employs 6,481 staff and has a trailing 12-month revenue of around $3.7 billion.

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Erie Indemnity Company stock price (NASDAQ: ERIE)

Use our graph to track the performance of ERIE stocks over time.

Erie Indemnity Company shares at a glance

• Key figures

Information last updated 2024-12-25.

Latest market close	$419.32
52-week range	$318.17 - $545.72
50-day moving average more info button	$432.78
200-day moving average more info button	$426.75
Wall St. target price	$115.00
PE ratio more info button	39.5341
Dividend yield more info button	$5.1 (1.31%)
Earnings per share (TTM) more info button	$10.69

Is it a good time to buy Erie Indemnity Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Erie Indemnity Company price performance over time

Historical closes compared with the close of $424.14 from 2024-12-26

1 week (2024-12-20)	1.84%
1 month (2024-11-27)	-3.19%
3 months (2024-09-27)	-21.31%
6 months (2024-06-28)	17.04%

1 year (2023-12-28)	26.96%
2 years (2022-12-28)	74.47%
3 years (2021-12-28)	130.81%
5 years (2019-12-27)	182.87%

Is Erie Indemnity Company stock undervalued or overvalued?

Valuing Erie Indemnity Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Erie Indemnity Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Erie Indemnity Company's P/E ratio

Erie Indemnity Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Erie Indemnity Company shares trade at around 40x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Erie Indemnity Company's PEG ratio

Erie Indemnity Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.05. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Erie Indemnity Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Erie Indemnity Company's EBITDA

Erie Indemnity Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $710.9 million.

The EBITDA is a measure of a Erie Indemnity Company's overall financial performance and is widely used to measure a its profitability.

Erie Indemnity Company financials

Revenue TTM	$3.7 billion
Operating margin TTM	18.5%
Gross profit TTM	$376.2 million
Return on assets TTM	15.75%
Return on equity TTM	31.42%
Profit margin	15.16%
Book value	$37.25
Market Capitalization more info button	$22.1 billion

TTM: trailing 12 months

Erie Indemnity Company share dividends

Dividend payout ratio: 47.71% of net profits

Recently Erie Indemnity Company has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Erie Indemnity Company shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Erie Indemnity Company's case, that would currently equate to about $5.1 per share.

While Erie Indemnity Company's payout ratio might seem fairly standard, it's worth remembering that Erie Indemnity Company may be investing much of the rest of its net profits in future growth.

Erie Indemnity Company's most recent dividend payout was on 21 January 2025. The latest dividend was paid out to all shareholders who bought their shares by 6 January 2025 (the "ex-dividend date").

Have Erie Indemnity Company's shares ever split?

Erie Indemnity Company's shares were split on a 3:1 basis on 12 May 1996 . So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Erie Indemnity Company shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Erie Indemnity Company shares which in turn could have impacted Erie Indemnity Company's share price.

Erie Indemnity Company share price volatility

Over the last 12 months, Erie Indemnity Company's shares have ranged in value from as little as $318.1736 up to $545.7153. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Erie Indemnity Company's is 0.454. This would suggest that Erie Indemnity Company's shares are less volatile than average (for this exchange).

Erie Indemnity Company overview

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. .

Frequently asked questions

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What percentage of Erie Indemnity Company is owned by insiders or institutions?
Currently 45.516% of Erie Indemnity Company shares are held by insiders and 36.835% by institutions. How many people work for Erie Indemnity Company?
Latest data suggests 6,481 work at Erie Indemnity Company. When does the fiscal year end for Erie Indemnity Company?
Erie Indemnity Company's fiscal year ends in December. Where is Erie Indemnity Company based?
Erie Indemnity Company's address is: 100 Erie Insurance Place, Erie, PA, United States, 16530-0001 What is Erie Indemnity Company's ISIN number?
Erie Indemnity Company's international securities identification number is: US29530P1021 What is Erie Indemnity Company's CUSIP number?
Erie Indemnity Company's Committee on Uniform Securities Identification Procedures number is: 29530P102