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NASDAQ: ERIEErie Indemnity co (ERIE) stock, explained like you're 5
Erie Indemnity co trades on the Nasdaq under the ticker ERIE. It is a large cap company in the specialty insurers industry, part of the financial services sector, with a market value of about 10.3 billion dollars.
- Ticker
- ERIE
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Specialty Insurers
- Size
- Large cap, about 10.3 billion dollars
Is Erie Indemnity co a small, medium or large cap company?
Yes. Erie Indemnity co is a large cap stock. Its market cap, which is the total value of all its shares, is about 10.3 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Erie Indemnity co makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves ERIE stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Erie Indemnity Co. Cl A stock outperforms competitors on strong trading day (MarketWatch)
- Erie Indemnity Company (ERIE) Stock Forecasts (Yahoo! Finance Canada)
- Erie Indemnity Co (ERIE) Stock Up 3.7% and Still Undervalued GF Score: 80/100 (GuruFocus)
- Why is Erie Indemnity stock rallying 3% today? (Investing.com)
- City of Erie shares investigative findings following tragic shooting near 7th and Perry Streets (TalkErie.com)
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Questions about Erie Indemnity co stock
What does Erie Indemnity co do?
Erie Indemnity co trades on the Nasdaq under the ticker ERIE. It is a large cap company in the specialty insurers industry, part of the financial services sector, with a market value of about 10.3 billion dollars.
What is the ticker symbol for Erie Indemnity co?
Erie Indemnity co trades under the ticker ERIE on the Nasdaq.
What is Erie Indemnity co's market cap?
Erie Indemnity co is a large cap stock with a market cap of about 10.3 billion dollars.
How does Erie Indemnity co make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves ERIE stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow ERIE stock every day?
Add ERIE to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
