Erie Indemnity Company is an insurance brokers business based in the US. Erie Indemnity Company shares (ERIE) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $428.50 – an increase of 5.8% over the previous week. Erie Indemnity Company employs 6,481 staff and has a trailing 12-month revenue of around $3.7 billion.
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| Latest market close | $428.50 |
|---|---|
| 52-week range | $278.67 - $545.72 |
| 50-day moving average | $483.67 |
| 200-day moving average | $421.58 |
| Wall St. target price | $115.00 |
| PE ratio | 39.7224 |
| Dividend yield | $5.1 (1.22%) |
| Earnings per share (TTM) | $10.70 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $425.03 from 2024-11-21
| 1 week (2024-11-15) | 4.95% |
|---|---|
| 1 month (2024-10-24) | -7.26% |
| 3 months (2024-08-23) | -13.12% |
| 6 months (2024-05-23) | 10.98% |
| 1 year (2023-11-22) | 47.09% |
|---|---|
| 2 years (2022-11-23) | 61.01% |
| 3 years (2021-11-23) | 110.94% |
| 5 years (2019-11-22) | 172.38% |
Valuing Erie Indemnity Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Erie Indemnity Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Erie Indemnity Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Erie Indemnity Company shares trade at around 40x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Erie Indemnity Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.05. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Erie Indemnity Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Erie Indemnity Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $710.9 million.
The EBITDA is a measure of a Erie Indemnity Company's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $3.7 billion |
|---|---|
| Operating margin TTM | 18.5% |
| Gross profit TTM | $376.2 million |
| Return on assets TTM | 15.75% |
| Return on equity TTM | 31.42% |
| Profit margin | 15.16% |
| Book value | $37.25 |
| Market Capitalization | $22.2 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Erie Indemnity Company.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 27.66
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Erie Indemnity Company's overall score of 27.66 (as at 12/31/2018) is nothing to write home about – landing it in it in the 43rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Erie Indemnity Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 5.43/100
Erie Indemnity Company's environmental score of 5.43 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Erie Indemnity Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 9.39/100
Erie Indemnity Company's social score of 9.39 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Erie Indemnity Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 17.84/100
Erie Indemnity Company's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Erie Indemnity Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Erie Indemnity Company scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Erie Indemnity Company has, for the most part, managed to keep its nose clean.
Erie Indemnity Company was last rated for ESG on: 2019-01-01.
| Total ESG score | 27.66 |
|---|---|
| Total ESG percentile | 43.14 |
| Environmental score | 5.43 |
| Environmental score percentile | 5 |
| Social score | 9.39 |
| Social score percentile | 5 |
| Governance score | 17.84 |
| Governance score percentile | 5 |
| Level of controversy | 2 |
Dividend payout ratio: 47.71% of net profits
Recently Erie Indemnity Company has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Erie Indemnity Company shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Erie Indemnity Company's case, that would currently equate to about $5.1 per share.
While Erie Indemnity Company's payout ratio might seem fairly standard, it's worth remembering that Erie Indemnity Company may be investing much of the rest of its net profits in future growth.
Erie Indemnity Company's most recent dividend payout was on 21 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2024 (the "ex-dividend date").
Erie Indemnity Company's shares were split on a 3:1 basis on 12 May 1996 . So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Erie Indemnity Company shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Erie Indemnity Company shares which in turn could have impacted Erie Indemnity Company's share price.
Over the last 12 months, Erie Indemnity Company's shares have ranged in value from as little as $278.6732 up to $545.7153. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Erie Indemnity Company's is 0.454. This would suggest that Erie Indemnity Company's shares are less volatile than average (for this exchange).
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania. .
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