Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Erie Indemnity Company (ERIE:NASDAQ), powered by AI.
Erie Indemnity Company is currently trading at $225.64. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Erie Indemnity Company on Alpha Lenz.
Erie Indemnity Company's P/E ratio is 18.6.
“Erie Indemnity Company trades at a P/E of 18.6 (fair value) with strong ROE of 26.2%. 3Y revenue CAGR of 13.3% highlights clear growth momentum.”
Ask for details →Erie Indemnity Company is a prominent name in the insurance sector, primarily known for its role as a management company for the Erie Insurance Exchange. Founded in 1925 and headquartered in Erie, Pennsylvania, this company occupies a crucial niche in offering risk management services to policyholders across multiple states in the U.S. through a network of independent agencies. The company’s principal function is to perform administrative, underwriting, and marketing tasks essential for managing and growing the operational efficiency of the Insurance Exchange. Erie Indemnity’s influence spans various insurance lines, significantly impacting sectors such as auto, home, and business insurance by ensuring they receive robust administrative and underwriting support. With a demonstrated legacy of providing strong agent support and customer service, Erie Indemnity continues to play a vital role in the American insurance landscape, emphasizing its commitment to enabling secure and stable insurance solutions for a diverse clientele.
“Erie Indemnity Company trades at a P/E of 18.6 (fair value) with strong ROE of 26.2%. 3Y revenue CAGR of 13.3% highlights clear growth momentum.”
Ask for details →Erie Indemnity Company (ticker: ERIE) is a company listed on NASDAQ in the Financial Services sector (Insurance Brokers). It has approximately 6,715 employees. Market cap is $10.4B.
The current price is $225.64 with a P/E ratio of 18.63x and P/B of 4.56x.
ROE is 26.19%. Annual revenue is $4.1B.