Stock events for Erie Indemnity Co. (ERIE)
Over the past six months, Erie Indemnity Co. stock has declined, with a -19.52% change over this period and a -41.21% decrease over the last year as of October 3, 2025, reaching a 52-week low of $343.44 USD around June 25, 2025. In Q1 2025, the company reported a 12.3% year-over-year revenue surge, but diluted EPS missed estimates, leading to an 11.5% stock tumble. In Q2 2025, diluted EPS was $3.34, falling short of forecasts, though net income and operating income increased significantly, and direct written premiums grew by 20%. ERIE pays quarterly dividends, with the last dividend per share being $1.37. In Q1 2025, a cybersecurity breach affected 50,000 customers, contributing to a higher combined ratio. There was news of a "Validea Warren Buffett Strategy Daily Upgrade Report" on September 4, 2025, and a "YieldBoost ERIE To 12.4% Using Options" report around September 27, 2025.
Demand Seasonality affecting Erie Indemnity Co.’s stock price
There is no explicit information indicating significant demand seasonality for Erie Indemnity Co.'s insurance products and services. The company's revenue is primarily derived from management fees tied to the growth and financial condition of the Erie Insurance Exchange, which depends on customer retention, new customer acquisition, and average premium per policy. Catastrophic events can impact the Exchange's combined ratio, but this is generally considered an external risk rather than a seasonal demand pattern. The insurance industry tends to have relatively stable demand throughout the year.
Overview of Erie Indemnity Co.’s business
Erie Indemnity Co. provides policy issuance and renewal services for subscribers at the Erie Insurance Exchange, encompassing sales, underwriting, insurance policy issuance, claims handling, and investment management. Through Erie Insurance, it offers auto, home, business, and life insurance, serving diverse industries like retail, manufacturing, and distribution.
ERIE’s Geographic footprint
Erie Indemnity is headquartered in Erie, Pennsylvania, serving markets across the United States with localized service via independent agents and employees. It operates within a 12-state footprint and expanded Workers' Compensation coverage to Delaware and Vermont in early 2025.
ERIE Corporate Image Assessment
Erie Indemnity has maintained a strong brand reputation over the past year, characterized by high customer satisfaction and a positive workplace culture. The company was ranked #376 on the 2024 Fortune 500 list, moving up 38 spots, and 93% of employees consider Erie a "Great Place to Work." The company's commitment to innovation and community is evident through Erie Strategic Ventures and the Erie Insurance Foundation. However, a cybersecurity breach affecting 50,000 customers in Q1 2025 could have negatively impacted its reputation.
Ownership
Erie Indemnity Co. has a mixed ownership structure including institutional, insider, and retail investors. Institutional shareholders hold approximately 50.57% to 50.61% of the stock, while insiders hold around 41% to 45.51%. Thomas B. Hagen is the largest individual shareholder, owning 40.17 million shares, representing 86.97% of the company. Major institutional owners include PNC Financial Services Group Inc., Cresset Asset Management LLC, Vanguard Group Inc, BlackRock Inc, and State Street Corp.
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$321.14