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Erie Indemnity Company (ERIE)

NASDAQ Financial Services Insurance - Property & Casualty
$255.42 ▼ -0.99%
Market Cap
$11.80B
Sector
Financial Services
Industry
Insurance - Property & Casualty
Beta
0.30
52-Wk Range
204.63-357.75
CEO
Timothy G. NeCastro
Country
US
Currency
USD

Erie Indemnity Company operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Erie, PA, US. The stock last traded at $255.42, down 0.99% on the session, giving a market capitalisation of $11.80B. On trailing twelve-month figures it carries a trailing P/E of 20.62, a net margin of 14.0%. Its beta of 0.30 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
20.62
Price / Sales
2.86
Price / Book
4.78
EV / EBITDA
14.64
Gross margin
16.5%
Operating margin
17.9%
Net margin
14.0%
Return on equity
Debt / equity
0.03
Current ratio
1.25
Dividend yield
2.3%
Payout ratio
45.6%
Company profile
Exchange
NASDAQ
Employees
6,667
IPO date
1995-10-02
Headquarters
Erie, PA, US
About Erie Indemnity Company

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 that include 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.

Comparable companies

Erie Indemnity Company is most often compared with the following Financial Services names:

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