Erie Indemnity Company's (NASDAQ:ERIE) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Erie Indemnity Company - Class A (ERIE)
Last erie indemnity company - class a earnings: 10/24 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
erieinsurance.com/investor
Company Research
Source: Yahoo! Finance
However, stock prices are usually driven by a company's financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Erie Indemnity's ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. See our latest analysis for Erie Indemnity How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Erie Indemnity is: 28% = US$484m ÷ US$1.7b (Based on the trailing twelve months to March 2024). The 'return' is the profit over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.28 in profit. What Is The Relationship B
Show less
Read more
Impact Snapshot
Event Time:
ERIE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ERIE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ERIE alerts
High impacting Erie Indemnity Company - Class A news events
Weekly update
A roundup of the hottest topics
ERIE
News
- Erie Insurance continues investing in education with $1 million donation to United Way of Erie County's 'Community Schools' initiative [Yahoo! Finance]Yahoo! Finance
- Erie Insurance continues investing in education with $1 million donation to United Way of Erie County's 'Community Schools' initiativePR Newswire
- Are Dogs Still Considered Man's Best Friend? A New Survey Suggests They Might Be [Yahoo! Finance]Yahoo! Finance
- Are Dogs Still Considered Man's Best Friend? A New Survey Suggests They Might BePR Newswire
- Erie Indemnity (ERIE) Tops Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
ERIE
Earnings
- 4/25/24 - Beat
ERIE
Sec Filings
- 6/28/24 - Form 4
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- ERIE's page on the SEC website