Streetbeat News

ERIE

Erie Indemnity Company

https://www.erieinsurance.com

Industry

Insurance - Brokers

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

Open

420.93

Mkt cap

20B

Volume

143K

High

426.54

P/E Ratio

39.72

52-wk high

547.00

Low

417.35

Div yield

0.01

52-wk low

282.27

Erie Indemnity shares are experiencing an upward trend following the announcement that the company will be added to the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 1:30 pm

Palantir Technologies, Inc. (NYSE:PLTR) saw a significant premarket surge after being announced for inclusion in the S&P 500 Index. This inclusion is expected to boost the stock due to increased buying from index funds. Dell Technologies Inc. (NYSE:DELL) and Erie Indemnity Company (NASDAQ:ERIE) also experienced premarket gains following their inclusion in the index.

Portfolio Pulse from Shanthi Rexaline

September 09, 2024 | 11:08 am

Palantir Technologies, Dell Technologies, and Erie Indemnity are set to join the S&P 500, replacing American Airlines Group, Etsy, and Bio-Rad Laboratories. These changes are part of the S&P Dow Jones Indices' quarterly rebalance to better represent market capitalization ranges.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:37 pm

Shares in the financial sector are declining due to weak market conditions, influenced by August's ISM Manufacturing PMI data showing economic contraction.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 6:42 pm

Erie Indemnity shares are trading higher after the company reported better-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:14 pm

Erie Indemnity (NASDAQ:ERIE) reported Q2 2024 GAAP EPS of $3.13, surpassing the analyst consensus estimate of $2.55 by 22.75%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:21 pm

Erie Indemnity reported Q1 2024 earnings of $2.38 per share, surpassing the $2.33 estimate, with sales of $880.701M beating the $835.614M estimate, marking a 17.04% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:18 pm

Insurance stocks showed notable movements in Wednesday's intraday session. Gainers included Root, Ryan Specialty Holdings, Kingstone Companies, Ambac Financial Group, Trupanion, and Erie Indemnity, with increases ranging from 3.97% to 8.05%. Losers were Marpai, Maiden Holdings, Reliance Global Group, FG Financial Group, Hippo Holdings, and ProAssurance, with declines between 4.45% and 10.44%. Notably, Ryan Specialty Holdings, Ambac Financial Group, Erie Indemnity, and ProAssurance recently released their Q4 earnings.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:40 pm

Erie Indemnity's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 5:48 pm

Insurance stocks showed notable movements in Tuesday's intraday session. Gainers included Reliance Global Group, Trupanion, Hippo Holdings, Erie Indemnity, Lemonade, and Root, with increases ranging from 6.76% to 15.39%. Losers were eHealth, Crawford (with two different stock symbols), Oxbridge Re Holdings, Waterdrop, and Maiden Holdings, with declines between 2.26% and 9.21%. Notably, several companies released their Q4 earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 5:40 pm

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