ERIE Stock Recent News

Erie Indemnity (ERIE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript

If you are looking for stocks that are well positioned to maintain their recent uptrend, Erie Indemnity (ERIE) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Erie Indemnity's (ERIE) recent dividend hike reflects its solid capital position and balance sheet strength that continue to support effective capital deployment.

Erie Indemnity (ERIE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, AJG, BRO, and ERIE.

Erie Indemnity (ERIE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Erie Indemnity Co (NASDAQ:ERIE ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Timothy NeCastro - President & CEO Julie Pelkowski - EVP & CFO Scott Beilharz - VP, Capital Management & IR Conference Call Participants Operator Good morning, and welcome to the Erie Indemnity Company's Third Quarter 2023 Earnings Conference Call. This call was prerecorded, and there will be no question-and-answer session row I'd like to introduce your host for the call, Vice President of Investor Relations, Scott Beilharz.

Erie Indemnity Company reported strong growth in its bottom line, driven by higher investment income. Pennsylvania's high home and car insurance costs present a significant growth opportunity for ERIE. The company's valuation is currently too high to justify a buy case, and the risk of weather-related losses adds to the downside risk.

ERIE, Pa. , Oct. 6, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter Friday, October 27 th, at 10 a.m. Eastern Time.