WallStreetZenWallStreetZen

NASDAQ: ERIE
Erie Indemnity Co Stock

$389.34+34.96 (+9.87%)
Updated Feb 27, 2024
ERIE Price
$389.34
Fair Value Price
$392.07
Market Cap
$17.98B
52 Week Low
$199.49
52 Week High
$390.57
P/E
40.64x
P/B
10.82x
P/S
4.73x
PEG
6.11x
Dividend Yield
1.24%
Revenue
$3.27B
Earnings
$446.06M
Gross Margin
15.9%
Operating Margin
17.19%
Profit Margin
13.6%
Debt to Equity
0.49
Operating Cash Flow
$381M
Beta
0.66
Next Earnings
Apr 25, 2024
Ex-Dividend
Apr 8, 2024
Next Dividend
Apr 23, 2024

ERIE Overview

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ERIE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ERIE ($389.34) is undervalued by 0.7% relative to our estimate of its Fair Value price of $392.07 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ERIE ($389.34) is not significantly undervalued (0.7%) relative to our estimate of its Fair Value price of $392.07 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ERIE ($389.34) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more ERIE due diligence checks available for Premium users.

Be the first to know about important ERIE news, forecast changes, insider trades & much more!

ERIE News

Valuation

ERIE fair value

Fair Value of ERIE stock based on Discounted Cash Flow (DCF)
Price
$389.34
Fair Value
$392.07
Undervalued by
0.70%
ERIE ($389.34) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ERIE ($389.34) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ERIE ($389.34) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ERIE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
40.64x
Industry
32.05x
Market
36.02x
ERIE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ERIE is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

ERIE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
10.82x
Industry
7.07x
ERIE is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ERIE price to earnings growth (PEG)

For valuing profitable companies with growth potential
ERIE is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

ERIE's financial health

Profit margin

Revenue
$817.7M
Net Income
$110.9M
Profit Margin
13.6%
ERIE's Earnings (EBIT) of $561.94M... subscribe to Premium to read more.
Interest Coverage Financials
ERIE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.5B
Liabilities
$809.1M
Debt to equity
0.49
ERIE's short-term assets ($930.19M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ERIE's short-term assets ($930.19M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ERIE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ERIE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$148.4M
Investing
-$51.8M
Financing
-$55.4M
ERIE's operating cash flow ($381.21M)... subscribe to Premium to read more.
Debt Coverage Financials

ERIE vs Insurance Stocks

TickerMarket Cap1d %P/EP/B
ERIE$17.98B+9.87%40.64x10.82x
BRO$24.04B+0.07%27.40x4.31x
WTW$28.19B+0.01%27.48x2.96x
CRVL$4.27B+0.18%57.01x18.28x
BRP$3.16B+2.61%-15.14x5.36x

Erie Indemnity Co Stock FAQ

What is Erie Indemnity Co's quote symbol?

(NASDAQ: ERIE) Erie Indemnity Co trades on the NASDAQ under the ticker symbol ERIE. Erie Indemnity Co stock quotes can also be displayed as NASDAQ: ERIE.

If you're new to stock investing, here's how to buy Erie Indemnity Co stock.

What is the 52 week high and low for Erie Indemnity Co (NASDAQ: ERIE)?

(NASDAQ: ERIE) Erie Indemnity Co's 52-week high was $390.57, and its 52-week low was $199.49. It is currently -0.31% from its 52-week high and 95.17% from its 52-week low.

How much is Erie Indemnity Co stock worth today?

(NASDAQ: ERIE) Erie Indemnity Co currently has 46,191,610 outstanding shares. With Erie Indemnity Co stock trading at $389.34 per share, the total value of Erie Indemnity Co stock (market capitalization) is $17.98B.

Erie Indemnity Co stock was originally listed at a price of $29.50 in Dec 31, 1997. If you had invested in Erie Indemnity Co stock at $29.50, your return over the last 26 years would have been 1,219.8%, for an annualized return of 10.43% (not including any dividends or dividend reinvestments).

How much is Erie Indemnity Co's stock price per share?

(NASDAQ: ERIE) Erie Indemnity Co stock price per share is $389.34 today (as of Feb 27, 2024).

What is Erie Indemnity Co's Market Cap?

(NASDAQ: ERIE) Erie Indemnity Co's market cap is $17.98B, as of Feb 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Erie Indemnity Co's market cap is calculated by multiplying ERIE's current stock price of $389.34 by ERIE's total outstanding shares of 46,191,610.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.