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Erie Indemnity (ERIE) Company Profile

Updated Jun 19, 2020
Erie Indemnity has the following business profile:
Company's Full Name:Erie Indemnity Company
Short Name:Erie Indemnity
Trading Ticker Symbol:ERIE
Primary Exchange:NASDAQ
Headquarter City/Country:Pennsylvania, PA
Primary Industry Sector:Finance
Seconday Sub-sector:Specialty Insurers
Main Business Areas: Finance, Specialty Insurers, Financial Services, Insurance Brokers
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Erie Indemnity stock

Market and Trading Information for Erie Indemnity

The following details were available for trading and market data about the stock of Erie Indemnity as of writing:
Current Share Price:$186.53
Previous Year's Closing Price:$166
Percentage Price Change (YTD):12.37%
Market Cap:$8.62 billion
52-week Price Range:$130.2 - $270.23
Dividend Per Share:$3.73
EPS (TTM):5.75
Price-Earnings (Trailing):32.44
Price-Earnings (Forward):31.04

Company Profile and Business Description for Erie Indemnity

Erie Indemnity Company, incorporated on April 17, 1925, 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 Exchange subsidiaries include Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property and Casualty Company, Flagship City Insurance Company and Erie Family Life Insurance Company (EFL).

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. The Exchange is engaged in insuring preferred and standard risks, with personal lines and commercial lines. The principal personal lines products are private passenger automobile and homeowners. The principal commercial lines products are commercial multi-peril, workers compensation and commercial automobile.

100 Erie Insurance Place

ETFs Holding Erie Indemnity Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Erie Indemnity stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Erie Indemnity stock holding. There are a total of 92 ETFs in Fknol.com records which are holding Erie Indemnity stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
ACWViShares Edge MSCI Min Vol Global ETFThe iShares Edge MSCI Min Vol Global ETF tracks an index of large- and midcap global stocks selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. ...Full Details0.2%426
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
Quarterly
DGRWWisdomTree US Dividend Growth FundThe WisdomTree U.S. Quality Dividend Growth ETF tracks the performance of the WisdomTree US Dividend Growth Index by investing in large- and midcap dividend-paying US common stocks with growth characteristics. ...Full Details0.28%276
Full List
Monthly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly
FLQGFranklin LibertyQ Global Equity ETFThe Franklin LibertyQ Global Equity ETF tracks an index of global large- and midcap stocks. Stocks are selected and weighted based on 4 factors (quality, value, momentum, and low volatility) while maintaining similar characteristics to the MSCI ACWI Index. ...Full Details0.35%536
Full List
Semi-Annually
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
IEFNiShares Evolved US Financials ETFThe iShares Evolved U.S. Financials ETF is an actively managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the financial sector, according to an alternative classification system defined by machine learning algorithms. ...Full Details0.18%254
Full List
Annually

See Full List of ETFs holding Erie Indemnity stock in their respective portfolios.

Peer / Competitor Companies of Specialty Insurers Sector

Along with Erie Indemnity Company, the following other peer (competitor) companies also exist within the same Specialty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ Aon PLC (AON): Aon plc, incorporated on December 8, 2011, is a provider of risk management services, insurance and reinsurance brokerage, and human resource (HR) consulting and outsourcing. The Company operates through two ....See Detailed Company Profile,  Dividend History

▶ Arthur J. Gallagher (AJG): Arthur J. Gallagher & Co., incorporated on March 30, 1972, is engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and ....See Detailed Company Profile,  Dividend History

▶ Brown and Brown (BRO): Brown & Brown, Inc., incorporated on January 2, 1959, is a diversified insurance agency, wholesale brokerage, insurance programs and service company. The Company markets and sells insurance products and services, ....See Detailed Company Profile,  Dividend History

▶ CorVel (CRVL): CorVel Corporation (Corvel), incorporated on May 16, 1991, is a provider of workers compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services ....See Detailed Company Profile,  Dividend History

▶ eHealth (EHTH): eHealth, Inc., incorporated on February 22, 2002, provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a ....See Detailed Company Profile,  Dividend History

▶ Fanhua (FANH): Fanhua Inc., formerly CNinsure Inc., incorporated on April 10, 2007, is an independent online-to-offline financial services provider in China. The Company, through its online platforms, offline sales and service network, ....See Detailed Company Profile,  Dividend History

▶ Fidelity National Financial (FNF): Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates in Title, and Corporate and Other segments. It offers ....See Detailed Company Profile,  Dividend History

▶ First American (FAF): First American Financial Corporation, incorporated on January 14, 2008, through its subsidiaries, is engaged in the business of providing financial services. The Company operates through the title insurance and services ....See Detailed Company Profile,  Dividend History

▶ Health Insurance Innovations (HIIQ): Health Insurance Innovations, Inc., incorporated on October 26, 2012, is a developer, distributor and cloud-based administrator of individual and family health insurance plans (IFPs) and supplemental products, which include short-term ....See Detailed Company Profile,  Dividend History

▶ Investors Title (ITIC): Investors Title Company, incorporated on February 5, 1973, is an insurance holding company. The Companys primary business activity, and its operating segment, is the issuance of residential and commercial title ....See Detailed Company Profile,  Dividend History

▶ Marsh and McLennan Companies (MMC): Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and ....See Detailed Company Profile,  Dividend History

▶ Stewart Information (STC): Stewart Information Services Corporation, incorporated March 25, 1970, is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of ....See Detailed Company Profile,  Dividend History

▶ Tiptree (TIPT): Tiptree Inc., formerly Tiptree Financial Inc., incorporated on March 19, 2007, is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations ....See Detailed Company Profile,  Dividend History

▶ Willis Towers Watson (WLTW): Willis Towers Watson Public Limited Company (Willis Towers Watson), incorporated on September 24, 2009, is a holding company. The Company operates as a global advisory, broking and solutions company. It ....See Detailed Company Profile,  Dividend History

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