Erie Indemnity Company
Erie Indemnity Company (ERIE) Stock Overview
Explore Erie Indemnity Company’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
15.8B
P/E Ratio
29.20
EPS (TTM)
$11.76
ROE
0.31%
ERIE Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Erie Indemnity Company (ERIE) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $593.66.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 29.20 and a market capitalization of 15.8B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
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.
Timothy Gerard NeCastro C.I.C., CPA
6,715
100 Erie Insurance Place, Erie, PA
1995