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Erie Indemnity Company

ERIE · NASDAQ

Market closed$227.31$1.37 (+0.61%)After hours $227.31 · 0.00%

Key statistics

Previous close$225.94
Open$229.48
Day high$235.15
Day low$225.80
52-week high$380.67
52-week low$204.63
Market cap10.50B
Volume256.67K
Average volume236.17K
P/E ratio24.21
Forward P/E—
EPS9.39
Dividend yield+2.53%

Market context

Why it moved

Erie Indemnity's stock edged higher amid investor anticipation ahead of the company's scheduled release of second-quarter 2026 financial results on July 31, with a pre-recorded webcast to follow on July 31.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Erie Indemnity edged up modestly, rebounding after a sharp 12% selloff the prior session, as investors look ahead to the company's Q2 2026 earnings release scheduled for after market close on July 30. The upcoming results will be closely watched given Erie's fee-based model, which closely tracks direct written premiums at Erie Insurance Exchange across personal auto, homeowners, and commercial lines. Peer insurer Travelers posted a strong Q2 beat — with adjusted EPS of $10.04 versus the $5.39 consensus — though its net premiums earned missed estimates, and Morgan Stanley downgraded Travelers to Underweight this week, adding some caution to the P&C insurance space.

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July 17, 2026Erie Indemnity surged over 7%, closing at $225.94 on volume nearly double its daily average, making it one of the standout movers in the property & casualty insurance space on Thursday. The sharp rally comes as UnitedHealth Group's strong earnings and raised guidance lifted sentiment across managed care and insurance names broadly, while the broader financial sector ETF (XLF) traded near 52-week highs. Erie Indemnity's unique fee-based model — acting as managing attorney-in-fact for Erie Insurance Exchange rather than bearing direct underwriting risk — continues to attract income-focused investors, as the company holds Dividend Aristocrat status with 35 consecutive years of dividend growth.

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July 16, 2026Erie Indemnity plunged nearly 12% — its worst single-day drop in recent memory — closing near its 52-week low of $204.63, on volume nearly three times its daily average. The selloff appears linked to broad P&C insurance sector weakness, with peer Progressive falling over 3% after reporting a deteriorating combined ratio driven by elevated catastrophe losses and persistent claims cost inflation. Erie, which trades at a premium valuation due to its unique fee-based managing company model, is especially sensitive to sentiment shifts around underwriting profitability trends across the broader P&C industry. A recent MarketWatch note also flagged that shares had already underperformed peers on both Monday and Tuesday, suggesting mounting pressure heading into earnings season.

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July 15, 2026Erie Indemnity fell sharply, underperforming the broader financial sector (XLF essentially flat) and the S&P 500, as a sector-wide headwind hit P&C insurers. RBC Capital Markets warned that softer primary property pricing, reinsurance rate cuts of 15–20%, and elevated catastrophe losses from severe convective storms in the Great Lakes and Midwest are likely to weigh on Q2 earnings. Peer Progressive (PGR) also declined ~3.15% after reporting a higher combined ratio driven by catastrophe losses and inflation, reinforcing investor concern about near-term underwriting profitability across the P&C space.

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July 10, 2026Erie Indemnity closed modestly higher on Friday, recovering from a slip the prior session that had seen shares underperform peers amid geopolitical-driven market volatility. The broader P&C insurance sector has remained resilient—group share prices are up ~12-13% on average since Q1 earnings—benefiting from hard-market pricing dynamics, while Erie Indemnity's fee-based attorney-in-fact model continues to attract investors seeking stable, premium-volume-linked revenue without direct underwriting risk exposure. With Q2 bank earnings season kicking off next week and no official next earnings date yet confirmed for Erie, investor focus remains on managed premium growth, expense discipline, and the company's long-term dividend profile.

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July 9, 2026Erie Indemnity closed modestly lower, underperforming the broader financial sector as renewed US-Iran geopolitical tensions roiled markets, pushing oil prices sharply higher and reigniting inflation fears that weighed on rate-sensitive financial stocks. Investors continue to monitor the company's fee-based agency model, where management fees tied to Erie Insurance Exchange's premium volume remain the core earnings driver, though the near-term outlook is clouded by macro uncertainty ahead of Q2 earnings season.

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July 9, 2026Erie Indemnity closed down nearly 2%, underperforming the broader financial sector as a broad market risk-off selloff weighed on equities after President Trump declared the U.S.-Iran peace framework 'over,' sending oil prices surging over 5% and stoking inflation fears. Separately, the company's shares went ex-dividend on July 7 with a $1.46 payout, while analyst commentary flagged a weak long-term technical outlook for the stock despite near- and mid-term positive sentiment around its fee-based insurance management model.

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July 8, 2026Erie Indemnity edged lower as broader financial sector weakness and rising Treasury yields — with the 30-year briefly topping 5% — weighed on insurance names. Notably, the stock traded ex-dividend today with a $1.46 quarterly payout, which partly accounts for the modest decline. Investors are also focused on the upcoming P&C earnings season, where Autonomous Research flagged slowing commercial pricing and challenging premium growth as key themes, while peer Progressive is set to report Wednesday — a read-through event for fee-driven managers like Erie.

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Ad Hoc News · July 17, 2026Erie Indemnity stock holds firm as underwriting growth supports marginsSimply Wall Street · June 3, 2026Erie Indemnity Plans 2026 CFO Exit As Shares Continue To SlidePR Newswire · April 23, 2026Erie Indemnity Reports First Quarter 2026 Results
Mt Newswire · June 4, 2026Erie Indemnity Insider Bought Shares Worth $1,433,500, According to a Recent SEC Filing
Benzinga · May 21, 2026Erie Indemnity CFO Julie M. Pelkowski To Retire At End Of 2026
Benzinga · April 24, 2026Erie Indemnity Q1 2026 Earnings Call: Complete Transcript
Mt Newswire · April 23, 2026Erie Indemnity Q1 Earnings, Revenue Rise
Mt Newswire · April 23, 2026Earnings Flash (ERIE) Erie Indemnity Posts Q1 EPS $2.88
Benzinga · April 23, 2026Erie Indemnity Q1 EPS $2.88 Misses $3.06 Estimate, Sales $1.012B Beat $975.562M Estimate
Mt Newswire · April 23, 2026Earnings Flash (ERIE) Erie Indemnity Company Reports Q1 Revenue $1.01B, vs. FactSet Est of $1.09B
Benzinga · February 25, 2026Erie Indemnity Reports Q4 2025 Results: Full Earnings Call Transcript

Peers

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