Is Erie stock a buy?

Is Erie stock a buy?

Erie Indemnity Co (NASDAQ:ERIE) The 1 analysts offering 12-month price forecasts for Erie Indemnity Co have a median target of 115.00, with a high estimate of 115.00 and a low estimate of 115.00. The median estimate represents a -37.21% decrease from the last price of 183.16.

Is Erie Insurance publicly traded?

Erie Insurance is a publicly held company based in Erie, Pennsylvania, offering auto, home, life and business insurance.

What is Erie Insurance net worth?

Erie Indemnity net worth as of July 01, 2022 is $9.02B.

What does Erie Indemnity do?

About Erie Indemnity Co The Exchange is a reciprocal insurer that writes property and casualty insurance. The Company’s primary function is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange.

Is Erie Insurance a Fortune 500 company?

ERIE, Pa., June 2, 2021 – Erie Insurance (NASDAQ: ERIE) is ranked number 347 on the 2021 Fortune 500 list of largest American corporations, based on total revenue for the 2020 fiscal year. Erie Insurance moved up 29 spots on the 2021 business scorecard, marking the 18th year ERIE has made the Fortune 500 list.

Is Erie a good company to work for?

Is Erie Insurance Group a good company to work for? Erie Insurance Group has an overall rating of 3.9 out of 5, based on over 425 reviews left anonymously by employees. 72% of employees would recommend working at Erie Insurance Group to a friend and 70% have a positive outlook for the business.

What is Erie’s AM Best rating?

A+
Erie is on solid financial footing, earning a rating of A+ from A.M. Best, one of the nation’s leading credit rating agencies for the insurance industry.

What state did Erie Insurance move to after Pennsylvania?

The company took its first steps outside of Pennsylvania in 1953 when it opened a branch in Silver Spring, Maryland. At the same time ERIE was expanding its territories, it also expanded its product offerings.

Is Erie Insurance competitive?

Erie’s renters insurance prices are competitive, though its rates are not industry leading. The company’s mean price for renters insurance of $140 per year made it 13% cheaper than the average rate we found among its competitors.

Who owns Erie construction?

Patrick Trompeter
Patrick Trompeter is the Founder & CEO of Erie Construction.

Why do you want to work for Erie Insurance?

ERIE offers an array of educational opportunities to help gain licenses and designations, expand your leadership experience and move throughout the company. There’s a reason people stay with ERIE for 30+ years, and having a career filled with variety is one of them. Reward: We believe in taking care of our employees.

Who is the richest person in Erie?

Thomas Bailey Hagen (born 1935/1936) is an American billionaire businessman, the Chairman and former CEO of Erie Insurance Group, and the son-in-law of the company’s founder….

Do any billionaires live in PA?

All told, the website tracks about 2,755 billionaires across the world, and the website Stacker.com recently dug into the numbers to find that there are 17 billionaires in Pennsylvania.