Erie Indemnity CompanyNasdaq: ERIE
Financials · Insurance Brokers
$227.60
+1.28%
Vol: 8K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20Erie Indemnity SVP sells 465 shares as stock falls 2.67% to $212.66Negative▶
Erie Indemnity SVP, Life, Anthony DaBreo sold 465 Class A shares on May 8, 2026 at $217.10 per share (~$100,951 total) in an open-market transaction. Erie Indemnity stock fell 2.67% on May 13 to close at $212.66, and was trading at $213.05 by May 15. Over the past 12 months, the stock has lost about 39.8%. The recent quarter showed a sharp underwriting recovery and higher net income driven by an improved combined ratio, premium resets and cost discipline. Erie Insurance previously announced CEO Tim NeCastro will retire on Dec. 31, 2026 after 30 years, with a successor search underway.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Erie Indemnity SVP sold 465 shares worth approximately $101,000 on May 8 as stock fell 2.67% to $212.66 on May 13, 2026.Negative▶
Erie Indemnity SVP of Life, Anthony DaBreo, disclosed an open-market sale of 465 Class A shares on May 8, 2026 at $217.10 per share, totaling roughly $100,951. Shares fell 2.67% on May 13 to close at $212.66 and remain down approximately 39.8% over the past 12 months. Technicals as of mid-May suggest near-term neutral sentiment after a short-term falling trend. The company generated $4.1B in TTM revenue with operating income of $717.2M (17.6% margin) and net income of $559.3M. No new analyst rating changes or corporate news catalysts were disclosed in the past 48 hours.
May 15Erie Indemnity SVP sells 465 shares at $217.10 on May 8 after Q1 earnings miss pushed stock to fresh 52-week low.Negative▶
Erie Indemnity reported first-quarter 2026 results that fell short of analyst expectations on both EPS and revenue in early May, with shares touching a fresh 52-week low. Stock gained 0.99% in May 2026 amid stable trading. Current price is $213.31 with a $9.93B market cap and 19.61 P/E. SVP Anthony DaBreo reported an open-market sale of 465 shares of Class A Common Stock on May 8, 2026 at $217.10 per share. Investors are focused on still-solid profitability and the recently increased dividend (2.7% yield), but uncertainty around the CEO transition scheduled for late 2026 continues to pressure shares.
May 14Erie Indemnity SVP sells 465 shares amid 9-day sell-off that erased $2.3B in market capNegative▶
Erie Indemnity SVP Anthony DaBreo (Life division) reported an open-market sale of 465 Class A shares on May 8, 2026 at $217.10 per share. The insider sale follows Q1 2026 results in late April where EPS of $2.88 missed the $3.16 forecast by 7.73% and revenue of $1.01B missed the $1.09B estimate by 8.84%, despite net income rising 9.4% YoY and an improved combined ratio of 99.4%. The stock hit a 52-week low during a 9-day losing streak that cumulatively dropped shares -17%, erasing about $2.3B in market cap to settle at ~$11B. The company approved a $1.4625 quarterly dividend per Class A share. Market concerns center on uncertainty around the CEO transition scheduled for late 2026, slower premium growth, and lower retention.
May 13No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 11Erie Indemnity hit 52-week low after extending sell-off to 9 days (-17%) following Q1 EPS and revenue miss.Negative▶
Erie Indemnity extended its sell-off to a 9-day streak through early May 2026, losing 17% cumulatively and shaving roughly $2.3B from its market cap to around $11B. The decline followed Q1 2026 results showing EPS of $2.88 missing the $3.16 forecast (-7.73% surprise) and revenue of $1.01B missing $1.09B estimates (-8.84% surprise). Despite the miss, underwriting profitability improved with the combined ratio at 99.4% and reduced catastrophe and non-catastrophe losses. The board approved a $1.4625 quarterly dividend per Class A share. Tom Hagen stepped down as chairman after more than 20 years and Jonathan Hurtaggen was unanimously elected as Chairman. CEO transition is scheduled for late 2026, adding to uncertainty.
May 8Q1 2026 net income $150.5M ($2.88 EPS), operating income +10.2%; CEO set to retireNeutral▶
Erie Indemnity reported Q1 2026 net income of $150.5M or $2.88 per diluted share (vs. $138.4M or $2.65 prior year). Operating income before taxes increased $15.4M (+10.2%). Combined ratio was 99.4% with improved profitability despite slower premium growth and lower retention. CEO Tim NeCastro will retire as president at end of 2026; CEO search underway. Launched $100M charitable foundation and rose 52 spots on Fortune 500. Stock down 37.36% over past year but up 5.03% today. Analysts expect 9.7% EPS growth for 2025.
May 7Erie Indemnity Q1 beats EPS but stock declines as CEO retires end of 2026Mixed▶
Erie Indemnity reported Q1 2026 EPS of $2.88, beating estimates by 8.6%, with $1.01B revenue. Management fee revenue rose 4.2%, and combined ratio improved to 99.4%. However, CEO Tim NeCastro announced retirement at year-end 2026, with immediate CEO search underway. Stock down 20.4% YTD amid insurance sector headwinds.
May 6Erie Q1 Earnings Miss on EPS; CEO Retirement Announced for End of 2026Neutral▶
Erie Indemnity reported Q1 2026 net income of $150.5M ($2.88 per share) vs. $138.4M ($2.65) YoY, with management fee revenue growth of 4.2% in policy services. However, stock fell as EPS missed Wall Street expectations by 7.73%. CEO Tim NeCastro announced retirement at end of 2026, with CEO search commencing. Combined ratio improved to 99.4%, though premium growth remains slower.
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.