Erie Indemnity (ERIE) Earns Media Impact Rating of 0.18
News stories about Erie Indemnity (NASDAQ:ERIE) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Erie Indemnity earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 47.9631756291713 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Brokerages Expect Erie Indemnity Company (ERIE) to Announce $0.76 EPS (americanbankingnews.com)
- Critical Analysis: Universal Insurance Holdings (UVE) and Erie Indemnity (ERIE) (americanbankingnews.com)
- Head to Head Analysis: The Travelers Companies (TRV) versus Erie Indemnity (ERIE) (americanbankingnews.com)
- Comparing Erie Indemnity (ERIE) & White Mountains Insurance Group (WTM) (americanbankingnews.com)
ERIE has been the topic of several recent research reports. Zacks Investment Research downgraded Erie Indemnity from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. BidaskClub downgraded Erie Indemnity from a “hold” rating to a “sell” rating in a research note on Friday, August 25th.
Erie Indemnity (ERIE) traded down $1.41 on Thursday, hitting $121.81. The company’s stock had a trading volume of 23,900 shares, compared to its average volume of 30,295. Erie Indemnity has a 1 year low of $105.62 and a 1 year high of $129.73. The firm has a market cap of $5,691.42, a P/E ratio of 30.65 and a beta of 0.45. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.92 and a quick ratio of 1.92.
Erie Indemnity (NASDAQ:ERIE) last released its earnings results on Thursday, October 26th. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.01. The business had revenue of $442.49 million for the quarter, compared to the consensus estimate of $437.72 million. Erie Indemnity had a return on equity of 24.98% and a net margin of 12.62%. research analysts expect that Erie Indemnity will post 3.9 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.watchlistnews.com/erie-indemnity-erie-earns-media-impact-rating-of-0-18/1722629.html.
About Erie Indemnity
Erie Indemnity Company is a management company. The Company serves as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Company’s function is to perform certain services for the Exchange relating to the sales, underwriting and issuance of policies on behalf of the Exchange.
Receive News & Ratings for Erie Indemnity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erie Indemnity and related companies with Analyst Ratings Network's FREE daily email newsletter.