Millionaire Investor Says Second Boom in AI Begins Now

Louis Navellier has been ahead of the AI market at every turn. He picked Nvidia way back in May 2019. It's up 2,011% since. He made 372% on Cadence Design and 1,810% on Super Microcomputer.

ERIE
Erie Indemnity Company
NASDAQ
394.24
Open 406.86 Prev Close 402.73
High 409.45 Low 401.80
Volume 85,878 Volume (Avg) 89,875
52 Week High 266.77 52 Week Low 133.32
Market Cap 12B PE Ratio 38.40

Shares Stats

Shares Outstanding46,189,100
Shares Float25,127,896
Shares Short963,440
Insider Holdings4553%
Institution Holdings35.65%

About Erie Indemnity Company

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. Its sales related services include 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.

General

NameErie Indemnity Company
TickerERIE
ExchangeNASDAQ
SectorFinancial Services
IndustryInsurance Brokers
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees5,849

Highlights

Analyst Target115
Market Cap11,986,936,832
PE Ratio38.40
PEG Ratio3.05
EBITDA359,352,000

Financials

Curr Year EPS Estimate5.93
Next Quarter EPS Estimate1.41
Profit Margin0.12
Return on Assets0.10
Return on Equity0.25
Revenue2,536,488,960
Earnings Per Share5.61
Revenue Per Share48.51
Gross Profit338,157,000
Quarterly Revenue Growth0.02

Valuation

Trailing PE40.87
Price/Sales (Trailing 12 Mt.)5.32
Price/Book (Most Recent Quarter)10.30

Dividend

Erie Indemnity Company pays out a dividend of $3.93 per share, with a dividend yield of 1.21%.

ERIE's last dividend payment was made to shareholders on April 20, 2021.

They pay out 90.66% of their earnings out as a dividend.

Recent Dividends

Apr 23, 2024$1.28
Jan 23, 2024$1.28
Oct 20, 2023$1.19
Jul 20, 2023$1.19
Apr 20, 2023$1.19
Jan 20, 2023$1.19
Oct 20, 2022$1.11
Jul 20, 2022$1.11
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