ERIE Stock: Erie Indemnity Company Stock Price, Analysis & Insights
Get live erie stock price $284.84, comprehensive Erie Indemnity Company stock analysis, charts, news, and expert forecast. Real-time erie stock data and investment insights.
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Company Overview
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.
Company Information
- CEO
- Timothy Gerard NeCastro C.I.C., CPA
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- Employees
- 6715
Contact Information
- Address
- 100 Erie Insurance Place
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Financial Services sector with established market position
✓ Growth-oriented company with premium valuation (P/E: 22.7)
✓ Lower volatility stock (Beta: 0.39) may provide portfolio stability
Business Model & Strategy
Erie Indemnity Company operates in the Insurance - Brokers industry, focusing on financial intermediation, banking services, and investment management. Under the leadership of CEO Timothy Gerard NeCastro C.I.C., CPA, the company navigates Financial Services sector dynamics while pursuing growth opportunities. The Insurance - Brokers model requires risk management, regulatory compliance, and customer trust to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Erie Indemnity Company competes in the Insurance - Brokers within the broader Financial Services. With 13.2 billion in market capitalization, the company is positioned as a established player in its sector. The Financial Services is characterized by economic cycles, regulatory evolution, and digital transformation. As a publicly traded company on the NASDAQ Global Select, Erie Indemnity Company provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Erie Indemnity Company should consider industry-specific trends, competitive positioning, and Financial Services sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Erie Indemnity Company shareholders
- ⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
- ⚠Sector-specific risks in Financial Services may affect company performance
- ⚠Past performance does not guarantee future results for Erie Indemnity Company
- ⚠Investors should consider how Erie Indemnity Company fits within their overall portfolio allocation
Market Cap
13.16B
P/E Ratio
22.73
Beta
0.39
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 13.16B market capitalization
- Trading Volume: 142.53K shares traded today
- Price Range: 52-week range of $279.78 - $456.93
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Erie Indemnity Company
Erie Indemnity Company (ERIE) operates in the Insurance - Brokers industry within the Financial Services sector. With a current market capitalization of 13.16B, the company represents a significant player in its market. The stock is currently trading at $284.84 with a positivedaily change of 1.16%.
The company's 6715 employee base and presence on the NASDAQ Global Selectexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 22.73, beta of 0.39, and 52-week price range from $279.78 to $456.93when evaluating investment opportunities.
Why Invest in Erie Indemnity Company?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Timothy Gerard NeCastro C.I.C., CPA
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.