NASDAQ: ERIEErie Indemnity Co Stock
$410.77+3.39 (+0.83%)
Updated Dec 12, 2024
Erie Indemnity shares are trading... find out Why ERIE Price Moved with a free WallStreetZen account
Why Price MovedERIE Price
$410.77
Fair Value Price
$212.77
Market Cap
$18.97B
52 Week Low
$309.20
52 Week High
$547.00
P/E
34.23x
P/B
9.74x
P/S
6.76x
PEG
N/A
Dividend Yield
1.24%
Revenue
$3.69B
Earnings
$559.21M
Gross Margin
17.2%
Operating Margin
19.12%
Profit Margin
15.2%
Debt to Equity
0.47
Operating Cash Flow
$566M
Beta
0.64
Next Earnings
N/A
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 Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine ERIE's potential to beat the market
BBuy
- Stocks with a Zen Rating of Buy (B) had an average return of +19.88% per year. Learn More
Zen Rating Component Grades
C
Value
C
Growth
B
Momentum
C
Sentiment
C
Safety
C
Financials
B
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: Insurance
Industry Rating
C
ERIE
Ranked#2 of 16
Ranked#2 of 16
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $11.26 | A | |
| $354.95 | B | |
| $2.53 | C |
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ERIE News
Overview
Due Diligence Score
–
Industry Average (32)
You've viewed Due Diligence 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 ($410.77) is overvalued by 93.05% relative to our estimate of its Fair Value price of $212.77 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
ERIE ($410.77) is not significantly undervalued (93.05%) relative to our estimate of its Fair Value price of $212.77 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ERIE is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more ERIE due diligence checks available for Premium users.
Valuation
ERIE fair value
Fair Value of ERIE stock based on Discounted Cash Flow (DCF)
Price
$410.77
Fair Value
$212.77
Overvalued by
93.05%
ERIE ($410.77) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ERIE ($410.77) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ERIE is forecast by analysts... 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
34.23x
Industry
25.65x
Market
29.87x
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
9.74x
Industry
6.69x
ERIE is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
ERIE's financial health
Profit margin
Revenue
$999.9M
Net Income
$159.8M
Profit Margin
16%
ERIE's Earnings (EBIT) of $705.40M... 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
$2.9B
Liabilities
$916.2M
Debt to equity
0.47
ERIE's short-term assets ($1.10B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ERIE's short-term assets ($1.10B) 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
$199.2M
Investing
-$90.8M
Financing
-$57.8M
ERIE's operating cash flow ($566.23M)... subscribe to Premium to read more.
Debt Coverage Financials
ERIE vs Insurance Stocks
Erie Indemnity Co Stock FAQ
Company
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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.