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NASDAQ: ERIE
Erie Indemnity Co Stock

$382.66-3.03 (-0.79%)
Updated Apr 24, 2024
ERIE Price
$382.66
Fair Value Price
$385.39
Market Cap
$17.68B
52 Week Low
$199.49
52 Week High
$420.34
P/E
39.94x
P/B
10.63x
P/S
4.73x
PEG
6x
Dividend Yield
1.29%
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 26, 2024
Ex-Dividend
N/A
Next Dividend
N/A

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 (32)
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Due Diligence Checks

ERIE ($382.66) is undervalued by 0.71% relative to our estimate of its Fair Value price of $385.39 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ERIE ($382.66) is not significantly undervalued (0.71%) relative to our estimate of its Fair Value price of $385.39 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ERIE ($382.66) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ERIE News

Valuation

ERIE fair value

Fair Value of ERIE stock based on Discounted Cash Flow (DCF)
Price
$382.66
Fair Value
$385.39
Undervalued by
0.71%
ERIE ($382.66) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ERIE ($382.66) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ERIE ($382.66) 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
39.94x
Industry
30.75x
Market
41.27x
ERIE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ERIE is good 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
10.63x
Industry
6.87x
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$17.68B-0.79%39.94x10.63x
BRO$23.43B-0.96%25.12x4.05x
WTW$27.10B+0.30%26.42x2.85x
CRVL$4.10B-0.17%54.72x17.54x
BRP$3.19B-2.46%-18.21x5.69x

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 $420.34, and its 52-week low was $199.49. It is currently -8.96% from its 52-week high and 91.82% 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 $382.66 per share, the total value of Erie Indemnity Co stock (market capitalization) is $17.68B.

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 1,197.15%, for an annualized return of 10.36% (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 $382.66 today (as of Apr 24, 2024).

What is Erie Indemnity Co's Market Cap?

(NASDAQ: ERIE) Erie Indemnity Co's market cap is $17.68B, as of Apr 25, 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 $382.66 by ERIE's total outstanding shares of 46,191,610.
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