Erie Indemnity Company - (ERIE): Price and Financial Metrics


Erie Indemnity Company - (ERIE): $176.99

4.08 (+2.36%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ERIE POWR Grades


  • Stability is the dimension where ERIE ranks best; there it ranks ahead of 99.17% of US stocks.
  • The strongest trend for ERIE is in Quality, which has been heading down over the past 52 weeks.
  • ERIE ranks lowest in Value; there it ranks in the 8th percentile.

ERIE Stock Summary

  • ERIE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,000.08 -- higher than 97.08% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of Erie Indemnity Co's sales and general administrative expense to its total operating expenses; just 0.38% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Erie Indemnity Co is higher than it is for about 99.53% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Erie Indemnity Co are GBDC, NGG, EPD, SACH, and GSBD.
  • Visit ERIE's SEC page to see the company's official filings. To visit the company's web site, go to www.erieinsurance.com.

ERIE Valuation Summary

  • ERIE's EV/EBIT ratio is 21.1; this is 145.35% higher than that of the median Financial Services stock.
  • Over the past 243 months, ERIE's price/sales ratio has gone down 0.7.
  • ERIE's price/sales ratio has moved down 0.7 over the prior 243 months.

Below are key valuation metrics over time for ERIE.

Stock Date P/S P/B P/E EV/EBIT
ERIE 2021-01-27 4.4 9.0 38.6 30.3
ERIE 2019-09-03 4.1 9.3 32.4 24.7
ERIE 2019-04-05 3.4 8.3 28.0 21.2
ERIE 2019-01-23 3.0 7.1 25.4 18.0
ERIE 2010-04-29 2.0 2.6 21.8 14.5
ERIE 2003-02-19 2.6 2.3 15.5 10.0

ERIE Growth Metrics

  • Its 4 year cash and equivalents growth rate is now at 117.17%.
  • The 3 year net cashflow from operations growth rate now stands at 210.61%.
  • Its year over year price growth rate is now at 19.32%.
Over the past 67 months, ERIE's revenue has gone up $1,067,432,000.

The table below shows ERIE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-06-30 2,572.94 343.033 304.596
2021-03-31 2,549.929 356 307.544
2020-12-31 2,536.489 342.595 293.304
2020-09-30 2,523.977 361.139 290.106
2020-06-30 2,509.238 377.393 295.059
2020-03-31 2,499.929 360.364 300.836

ERIE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ERIE has a Quality Grade of C, ranking ahead of 34.96% of graded US stocks.
  • ERIE's asset turnover comes in at 1.205 -- ranking 14th of 133 Insurance stocks.
  • MET, BRO, and FAF are the stocks whose asset turnover ratios are most correlated with ERIE.

The table below shows ERIE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 1.205 0.125 0.263
2021-03-31 1.206 0.129 0.272
2020-12-31 1.220 0.133 0.270
2020-09-30 1.229 0.135 0.279
2020-06-30 1.250 0.140 0.301
2020-03-31 1.276 0.143 0.318

ERIE Price Target

For more insight on analysts targets of ERIE, see our ERIE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $115.00 Average Broker Recommendation 1.5 (Moderate Buy)

ERIE Stock Price Chart Interactive Chart >

Price chart for ERIE

ERIE Price/Volume Stats

Current price $176.99 52-week high $266.77
Prev. close $172.91 52-week low $168.87
Day low $171.51 Volume 54,064
Day high $177.90 Avg. volume 64,124
50-day MA $191.71 Dividend yield 2.57%
200-day MA $193.40 Market Cap 8.18B

Erie Indemnity Company - (ERIE) Company Bio


Erie Indemnity Company operates in four segments, including management operations, property and casualty insurance operations, life insurance operations and investment operations. The company was founded in 1925 and is based in Erie, Pennsylvania.


ERIE Latest News Stream


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Latest ERIE News From Around the Web

Below are the latest news stories about Erie Indemnity Co that investors may wish to consider to help them evaluate ERIE as an investment opportunity.

Bishop & Co Investment Management, LLC Buys Vanguard S&P 500 ETF, Schwab Emerging ...

Investment company Bishop & Co Investment Management, LLC (Current Portfolio) buys Vanguard S&P 500 ETF, Schwab Emerging Markets Equity ETF, Erie Indemnity Co, Schwab U.S.

Yahoo | January 27, 2022

Econ Financial Services Corp Buys Vanguard Short-Term Bond ETF, Vanguard Long-Term Corporate ...

Investment company Econ Financial Services Corp (Current Portfolio) buys Vanguard Short-Term Bond ETF, Vanguard Long-Term Corporate Bond ETF, Vanguard Intermediate-Term Corporate Bond ETF, Vanguard Total International Bond ETF, SPDR Portfolio S&P 500 Value ETF, sells Schwab International Equity ETF, Schwab U.S.

Yahoo | January 26, 2022

National survey from Erie Insurance shows U.S. drivers divided over speed cameras

A recent survey commissioned by Erie Insurance finds that half of U.S. drivers support the use of speed cameras while more than a third oppose them – but many opponents would change their minds under certain conditions.

Yahoo | January 24, 2022

Erie Indemnity to host fourth quarter and year-end 2021 pre-recorded conference call and webcast

Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter and year-end on Friday, February 25th, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, February 24th.

Yahoo | January 20, 2022

Erie Indemnity (NASDAQ:ERIE) Will Pay A Larger Dividend Than Last Year At US$1.11

Erie Indemnity Company ( NASDAQ:ERIE ) has announced that it will be increasing its dividend on the 20th of January to...

Yahoo | January 3, 2022

Read More 'ERIE' Stories Here

ERIE Price Returns

1-mo -8.13%
3-mo -13.51%
6-mo -3.17%
1-year -26.46%
3-year 32.30%
5-year 76.62%
YTD -7.60%
2021 -19.98%
2020 52.39%
2019 27.08%
2018 12.54%
2017 11.23%

ERIE Dividends

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