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Last $85.67 USD
Change Today -0.21 / -0.24%
Volume 24.5K
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

erie indemnity company-cl a (ERIE) Snapshot

Open
$85.92
Previous Close
$85.88
Day High
$86.07
Day Low
$85.20
52 Week High
12/8/14 - $94.00
52 Week Low
04/25/14 - $70.37
Market Cap
4.5B
Average Volume 10 Days
30.0K
EPS TTM
$3.19
Shares Outstanding
46.2M
EX-Date
07/2/15
P/E TM
26.9x
Dividend
$2.72
Dividend Yield
3.07%
Current Stock Chart for ERIE INDEMNITY COMPANY-CL A (ERIE)

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erie indemnity company-cl a (ERIE) Details

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It operates through four segments: Management Operations, Property and Casualty Insurance Operations, Life Insurance Operations, and Investment Operations. The company provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. It operates 25 field offices in 12 states. The company was founded in 1925 and is based in Erie, Pennsylvania.

4,700 Employees
Last Reported Date: 02/26/15
Founded in 1925

erie indemnity company-cl a (ERIE) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $935.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $467.7K
Executive Vice President of Products
Total Annual Compensation: $538.5K
Executive Vice President of Services
Total Annual Compensation: $418.5K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $412.7K
Compensation as of Fiscal Year 2014.

erie indemnity company-cl a (ERIE) Key Developments

Erie Indemnity Company, Annual General Meeting, Apr 21, 2015

Erie Indemnity Company, Annual General Meeting, Apr 21, 2015., at 09:30 US Eastern Standard Time. Location: Auditorium of the F.W. Hirt — Perry Square Building. Agenda: To elect directors; and to transact any other business that may properly come before annual meeting and any adjournment, postponement or continuation thereof.

Erie Indemnity Company Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Records net Impairment Losses for the Fourth Quarter of 2014

Erie Indemnity Company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of USD 1,589 million compared to USD 1,697 million a year ago. Income from operations before income taxes and non-controlling interests was USD 377 million compared to USD 470 million a year ago. Net income was USD 253 million compared to USD 314 million a year ago. Net income attributable to the company was USD 26 million compared to USD 36 million a year ago. Diluted class A earnings per share was USD 0.48 compared to USD 0.67 a year ago. Diluted class B earnings per share were USD 81 compared to USD 113 a year ago. Net investment income was USD 111 million compared with USD 106 million for the same period last year. For the year, the company reported total revenues of USD 6,124 million compared to USD 6,271 million a year ago. Income from operations before income taxes and non-controlling interests was USD 830 million compared to USD 1,567 million a year ago. Net income was USD 573 million compared to USD 1,048 million a year ago. Net income attributable to the company was USD 168 million compared to USD 163 million a year ago. Diluted class A earnings per share was USD 3.18 compared to USD 3.08 a year ago. Diluted class B earnings per share were USD 538 compared to USD 519 a year ago. Net investment income was USD 446 million compared with USD 422 million for the same period last year. Return on equity was 23.3% compared to 23.6% a year ago. For the fourth quarter of 2014, The company recorded net impairment losses recognized in earnings of USD 3 million compared with USD 3 million for the same period last year.

Erie Indemnity Company, Board Meeting, Feb 19, 2015

Erie Indemnity Company, Board Meeting, Feb 19, 2015. Agenda: To approve quarterly dividend.

 

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ERIE Competitors

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Alleghany Corp $477.00 USD +1.73
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Hanover Insurance Group Inc/The $70.33 USD -0.27
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Industry Analysis

ERIE

Industry Average

Valuation ERIE Industry Range
Price/Earnings 26.9x
Price/Sales 0.6x
Price/Book 6.4x
Price/Cash Flow 23.6x
TEV/Sales NM Not Meaningful
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