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Erie Indemnity Co. - ERIE STOCK NEWS

Welcome to our dedicated news page for Erie Indemnity Co. (Ticker: ERIE), a resource for investors and traders seeking the latest updates and insights on Erie Indemnity Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Erie Indemnity Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Erie Indemnity Co.'s position in the market.

News
Erie Indemnity to host first quarter 2024 pre-recorded conference call and webcast
Rhea-AI Summary
Erie Indemnity Company (ERIE) will host a pre-recorded audio webcast to announce its first-quarter financial results on April 26th. The company will release the results on April 25th after the market closes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
conferences earnings
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News
Should Distracted Driving Laws Apply to Your Dog? Erie Insurance Survey Shows Americans Equally Divided on the Issue
Rhea-AI Summary
ERIE Releases Survey Results on Americans Driving with Dogs, Reveals Impact of Distracted Driving Laws
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
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News
Erie Indemnity Reports Full Year and Fourth Quarter 2023 Results
Rhea-AI Summary
Erie Indemnity Company (ERIE) reported strong financial results for the full year and quarter ending December 31, 2023, with net income per diluted share at $8.53 for the year and $2.12 for the quarter. Operating income, management fee revenue, and investment income all showed positive growth in 2023. The company's financial performance improved significantly, with operating income before taxes increasing by 38.3% in 2023 compared to 2022. ERIE also saw growth in management fee revenue and a rise in net investment income. Despite some increased costs, the company's overall financial health appears robust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.87%
Tags
earnings
News
Erie Indemnity to host fourth quarter and year-end 2023 pre-recorded conference call and webcast
Rhea-AI Summary
Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast to provide financial results for the fourth quarter and year-end on February 27th. The company will issue a press release reporting its results after the close of the market on February 26th.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
conferences
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News
4 Tips on Talking to your Loved Ones about Life Insurance
Rhea-AI Summary
ERIE announces the celebration of 'Insure Your Love Month' in February, emphasizing the importance of life insurance for financial protection of loved ones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
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News
Erie Insurance's corporate venture capital arm announces three new investments
Rhea-AI Summary
Erie Strategic Ventures, the venture capital arm of Erie Insurance, announced investments in three new portfolio companies: Wagmo, Roots Automation, and Trust & Will. The investments support startups in tech-enabled pet wellness and insurance, AI-powered insurance operations, and digital estate planning. Erie Insurance, a Fortune 500 company, generated $8.6 billion in direct written premium in 2022 and has a network of over 13,000 independent agents across 12 states and Washington, D.C.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
News
Erie Insurance ranks No. 1 in J.D. Power 2023 U.S. Home Insurance Study
Rhea-AI Summary
Erie Insurance (ERIE) ranks No. 1 in both homeowners and renters insurance customer satisfaction, with scores of 856 and 881, respectively, in the J.D. Power 2023 U.S. Home Study.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
none
-
News
Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends
Rhea-AI Summary
Erie Indemnity Company (NASDAQ: ERIE) has announced an increase in shareholder dividends and the maintenance of the management fee rate charged to Erie Insurance Exchange at 25 percent. The regular quarterly cash dividend has been raised from $1.19 to $1.275 on each Class A share and from $178.50 to $191.25 on each Class B share, representing a 7.1 percent increase in the payout per share over the current dividend rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
dividends
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News
Erie Insurance Offers Tips for Choosing Cyber-Safe Toys This Holiday Season
Rhea-AI Summary
Erie Insurance: Smart Toy Tips to Mitigate Risk of Identity Theft
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
News
Erie Indemnity Reports Third Quarter 2023 Results
Rhea-AI Summary
Erie Indemnity Company (NASDAQ: ERIE) announced financial results for Q3 and nine months of 2023. Net income per diluted share was $2.51 for the quarter and $6.41 for the nine months of 2023, compared to $1.61 and $4.46 in the same periods of 2022. Operating income before taxes increased by 39.4% in Q3 2023 compared to Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
Tags
earnings
Stock ERIE logo
Erie Indemnity Co.

Nasdaq:ERIE

ERIE Rankings

#509 Ranked by Market Cap
#1569 Ranked by Stock Gains
#1686 Ranked by Dividends

ERIE Stock Data

19.93B
25.14M
45.52%
36.87%
1.48%
Insurance Agencies and Brokerages
Finance and Insurance
Link
US
Erie

About ERIE

from our modest roots starting in 1925 as a pennsylvania auto insurer, we've grown to become a multi-line insurance company, offering auto, home, business and life insurance through our network of independent insurance agents. today, our geographic presence extends to 12 states and the district of columbia; from new york to north carolina and from wisconsin to tennessee. at erie, we adhere to disciplined underwriting, fair pricing and a prudent investment philosophy. these factors have contributed to our ability to earn consistently superior ratings in the insurance industry. the combination of a quality agency force, a commitment to customer service and the financial stability provided by erie insurance group assures our customers that we’ll be there when they need us most. according to a.m. best company, erie insurance group is the 15th largest homeowners insurer and 12th largest automobile insurer in the united states based on direct premiums written and the 20th largest propert