Erie Insurance

$217.92 0.00% ($0.00)
  • 1D
  • 1W
  • 1M
  • 1Y
  • 5Y
  • YTD

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About Erie Insurance

Erie Indemnity Company is a management company. The Company serves as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Company's function is to perform certain services for the Exchange relating to the sales, underwriting and issuance of policies on behalf of the Exchange. The sales related services the Company provides include agent compensation, and certain sales and advertising support services. Agent compensation includes scheduled commissions to agents based upon premiums written, as well as additional commissions and bonuses to agents. The underwriting services the Company provides include underwriting and policy processing expenses. It provides information technology services that supports various functions. The remaining services the Company provides include customer service and administrative costs.

Stock Analysis

last close $216.19
1-mo return 10.4%
3-mo return 30.4%
avg daily vol. 59.74T
52-week high 234.96
52-week low 158.46
market cap. $9.9B
forward pe 34.5
annual div. 4.44
roe 22.8%
ltg forecast -
dividend yield 2.05%
annual rev. $2.7B
inst own. 36.7%
baraka

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