Erie Indemnity (NASDAQ:ERIE) is scheduled to release its earnings data after the market closes on Thursday, February 22nd. Analysts expect Erie Indemnity to post earnings of $0.76 per share for the quarter.

Shares of Erie Indemnity (ERIE) opened at $113.02 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.92 and a quick ratio of 1.92. Erie Indemnity has a 1 year low of $106.63 and a 1 year high of $129.73. The stock has a market cap of $5,820.00, a P/E ratio of 28.11 and a beta of 0.42.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Monday, January 8th were given a $0.84 dividend. This is an increase from Erie Indemnity’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Friday, January 5th. This represents a $3.36 annualized dividend and a yield of 2.97%. Erie Indemnity’s dividend payout ratio (DPR) is 83.58%.

An institutional investor recently raised its position in Erie Indemnity stock. The Manufacturers Life Insurance Company raised its position in Erie Indemnity (NASDAQ:ERIE) by 7.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,369 shares of the financial services provider’s stock after acquiring an additional 91 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Erie Indemnity were worth $171,000 at the end of the most recent quarter. 31.16% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub raised shares of Erie Indemnity from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.

WARNING: This article was posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this article on another site, it was illegally copied and reposted in violation of US and international copyright legislation. The correct version of this article can be read at

Erie Indemnity Company Profile

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.

Earnings History for Erie Indemnity (NASDAQ:ERIE)

Receive News & Ratings for Erie Indemnity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erie Indemnity and related companies with's FREE daily email newsletter.