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

Erie Indemnity Company - (ERIE)

Today's Latest Price: $242.49 USD

6.52 (2.76%)

Updated Jan 27 4:00pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 12 in Insurance - Brokers

See all "A" rated Strong Buy stocks

ERIE Stock Price Chart Interactive Chart >

Price chart for ERIE

ERIE Price/Volume Stats

Current price $242.49 52-week high $261.20
Prev. close $235.97 52-week low $130.20
Day low $232.51 Volume 140,800
Day high $245.30 Avg. volume 62,229
50-day MA $240.18 Dividend yield 1.75%
200-day MA $211.66 Market Cap 11.20B

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 Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$242.49$14.98 -94%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Erie Indemnity Co. To summarize, we found that Erie Indemnity Co ranked in the 10th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 93.83%. In terms of the factors that were most noteworthy in this DCF analysis for ERIE, they are:

  • Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.17% -- higher than merely 9.6% of stocks in our DCF forecasting set.
  • The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately only 5.62% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Financial Services).

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

Want more companies with a valuation profile/forecast similar to that of Erie Indemnity Co? See RILY, GEG, EZPW, STFC, and WETF.

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.

7 Safety Tips For Outdoor Patio Heaters

In 2020, many Americans spent as much time as possible outdoors. While we all love fresh air, the reason is a bit more obvious: COVID-19. Now that the temperatures have dropped, and a new year has arrived, many people are still looking for ways to stay safe and comfortable outdoors. But how can you keep warm? One solution – outdoor patio heaters.

Yahoo | January 12, 2021

Should You Buy Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend?

Erie Indemnity Company ( NASDAQ:ERIE ) is about to trade ex-dividend in the next 4 days. You will need to purchase...

Yahoo | December 30, 2020

Erie Indemnity Company (NASDAQ:ERIE) Passed Our Checks, And It's About To Pay A US$2.00 Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Yahoo | December 14, 2020

Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular and Special Cash Dividends

ERIE, Pa. , Dec. 8, 2020 /PRNewswire/ -- At its regular meeting held Dec. 8, 2020 , the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE ) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the quarterly dividend and a special cash dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933. The Board agreed to maintain the current management fee rate paid to Erie Indemnity Company by Erie Insurance Exchange at 25 percent, effective Jan. 1, 2021 . The management fee rate was 25 percent for the period Jan. 1 through Dec. 31, 2020 . The Board has the authority under the agreement with the subscribers (policyholders) at Erie Insurance Exchange to set the management fee rate at its discr...

Benzinga | December 8, 2020

7 Safety Tips for Turkey Fryers

Thanksgiving may look a little different this year. Even if you are setting the table for fewer guests, you may still find yourself making the traditional turkey. If cooking that bird in the fryer is your preferred method, be aware: Thanksgiving is the peak day for home cooking fires, and turkey fryers are a big contributor.

Yahoo | November 12, 2020

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ERIE Price Returns

1-mo 0.59%
3-mo 5.42%
6-mo 17.37%
1-year 48.65%
3-year 121.96%
5-year 187.58%
YTD -0.85%
2020 52.39%
2019 27.08%
2018 12.54%
2017 11.23%
2016 20.24%

ERIE Dividends

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