Erie Indemnity Company (ERIE)

$385.69

+3.48

(+0.91%)▲

Market is closed - opens 7 PM, 24 Apr 2024

Insights on Erie Indemnity Company

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 858.93M → 817.45M (in $), with an average decrease of 4.8% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 131.04M → 110.92M (in $), with an average decrease of 15.4% per quarter

Performance

  • $382.02
    $389.80
    $385.69
    downward going graph

    0.95%

    Downside

    Day's Volatility :2.0%

    Upside

    1.05%

    downward going graph
  • $195.11
    $417.66
    $385.69
    downward going graph

    49.41%

    Downside

    52 Weeks Volatility :53.28%

    Upside

    7.65%

    downward going graph

Returns

PeriodErie Indemnity CompanySector (Financials)Index (Russel 2000)
3 Months
12.92%
7.1%
0.0%
6 Months
28.39%
27.7%
0.0%
1 Year
69.61%
23.0%
-1.3%
3 Years
66.88%
15.5%
-22.1%

Highlights

Market Capitalization
20.0B
Book Value
$31.8
Dividend Share
4.845
Dividend Yield
1.34%
Earnings Per Share (EPS)
8.55
PE Ratio
44.7
PEG Ratio
3.05
Wall Street Target Price
115.0
Profit Margin
13.65%
Operating Margin TTM
16.54%
Return On Assets TTM
14.67%
Return On Equity TTM
28.67%
Revenue TTM
3.3B
Revenue Per Share TTM
70.77
Quarterly Revenue Growth YOY
16.7%
Gross Profit TTM
376.2M
EBITDA
600.2M
Diluted Eps TTM
8.55
Quarterly Earnings Growth YOY
0.7
EPS Estimate Current Year
9.79
EPS Estimate Next Year
10.66
EPS Estimate Current Quarter
2.02
EPS Estimate Next Quarter
2.29

Analyst Recommendation

Buy
    75%Buy
    25%Hold
    0
    0%Sell
Based on 8 Wall street analysts offering stock ratings for Erie Indemnity Company(by analysts ranked 0 to 5 stars)
Based on 8 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
6
6
6
Hold
2
2
2
Sell
00
00
00

Analyst Forecast

What analysts predicted

Downside of 70.18%

Current $385.69
Target $115.00

Company Financials

FY18Y/Y Change
Revenue
2.4B
↑ 40.25%
Net Income
288.2M
↑ 46.31%
Net Profit Margin
11.97%
↑ 0.5%
FY19Y/Y Change
Revenue
2.5B
↑ 4.47%
Net Income
316.8M
↑ 9.92%
Net Profit Margin
12.59%
↑ 0.62%
FY20Y/Y Change
Revenue
2.6B
↑ 2.1%
Net Income
293.3M
↓ 7.42%
Net Profit Margin
11.42%
↓ 1.17%
FY21Y/Y Change
Revenue
2.7B
↑ 5.14%
Net Income
297.9M
↑ 1.55%
Net Profit Margin
11.03%
↓ 0.39%
FY22Y/Y Change
Revenue
2.8B
↑ 5.16%
Net Income
298.6M
↑ 0.24%
Net Profit Margin
10.51%
↓ 0.52%
FY23Y/Y Change
Revenue
3.3B
↑ 14.75%
Net Income
446.1M
↑ 49.4%
Net Profit Margin
13.68%
↑ 3.17%
Q3 FY22Q/Q Change
Revenue
741.2M
↑ 2.08%
Net Income
84.3M
↑ 5.2%
Net Profit Margin
11.37%
↑ 0.33%
Q4 FY22Q/Q Change
Revenue
700.6M
↓ 5.48%
Net Income
65.5M
↓ 22.33%
Net Profit Margin
9.35%
↓ 2.02%
Q1 FY23Q/Q Change
Revenue
747.7M
↑ 6.72%
Net Income
86.2M
↑ 31.69%
Net Profit Margin
11.53%
↑ 2.18%
Q2 FY23Q/Q Change
Revenue
851.5M
↑ 13.88%
Net Income
117.9M
↑ 36.65%
Net Profit Margin
13.84%
↑ 2.31%
Q3 FY23Q/Q Change
Revenue
858.9M
↑ 0.87%
Net Income
131.0M
↑ 11.19%
Net Profit Margin
15.26%
↑ 1.42%
Q4 FY23Q/Q Change
Revenue
817.5M
↓ 4.83%
Net Income
110.9M
↓ 15.35%
Net Profit Margin
13.57%
↓ 1.69%
FY18Y/Y Change
Total Assets
1.8B
↑ 6.75%
Total Liabilities
804.7M
↓ 0.48%
FY19Y/Y Change
Total Assets
2.0B
↑ 13.38%
Total Liabilities
883.0M
↑ 9.73%
FY20Y/Y Change
Total Assets
2.1B
↑ 5.0%
Total Liabilities
929.1M
↑ 5.22%
FY21Y/Y Change
Total Assets
2.2B
↑ 5.9%
Total Liabilities
899.6M
↓ 3.17%
FY22Y/Y Change
Total Assets
2.2B
↓ 0.12%
Total Liabilities
791.0M
↓ 12.06%
FY23Y/Y Change
Total Assets
2.5B
↑ 12.11%
Total Liabilities
847.8M
↑ 7.17%
Q3 FY22Q/Q Change
Total Assets
2.2B
↓ 0.11%
Total Liabilities
821.2M
↓ 2.34%
Q4 FY22Q/Q Change
Total Assets
2.2B
↑ 2.83%
Total Liabilities
791.0M
↓ 3.67%
Q1 FY23Q/Q Change
Total Assets
2.2B
↓ 0.69%
Total Liabilities
737.0M
↓ 6.83%
Q2 FY23Q/Q Change
Total Assets
2.3B
↑ 4.57%
Total Liabilities
780.6M
↑ 5.92%
Q3 FY23Q/Q Change
Total Assets
2.4B
↑ 2.97%
Total Liabilities
782.7M
↑ 0.26%
Q4 FY23Q/Q Change
Total Assets
2.5B
↑ 4.85%
Total Liabilities
847.8M
↑ 8.32%
FY18Y/Y Change
Operating Cash Flow
288.2M
↑ 46.31%
Investing Cash Flow
-81.4M
↑ 9.02%
Financing Cash Flow
-131.5M
↑ 37.24%
FY19Y/Y Change
Operating Cash Flow
364.5M
↑ 26.47%
Investing Cash Flow
-124.6M
↑ 53.12%
Financing Cash Flow
-169.6M
↑ 28.96%
FY20Y/Y Change
Operating Cash Flow
342.6M
↓ 6.02%
Investing Cash Flow
-243.2M
↑ 95.15%
Financing Cash Flow
-274.9M
↑ 62.1%
FY21Y/Y Change
Operating Cash Flow
297.9M
↓ 13.06%
Investing Cash Flow
-185.5M
↓ 23.74%
Financing Cash Flow
-194.8M
↓ 29.11%
FY22Y/Y Change
Operating Cash Flow
366.2M
↑ 22.93%
Investing Cash Flow
-106.9M
↓ 42.36%
Financing Cash Flow
-300.8M
↑ 54.4%
Q3 FY22Q/Q Change
Operating Cash Flow
84.3M
↑ 5.2%
Investing Cash Flow
-32.8M
↑ 15.24%
Financing Cash Flow
-91.7M
↓ 12.87%
Q4 FY22Q/Q Change
Operating Cash Flow
65.5M
↓ 22.33%
Investing Cash Flow
-31.9M
↓ 2.67%
Financing Cash Flow
-51.7M
↓ 43.62%
Q1 FY23Q/Q Change
Operating Cash Flow
48.0M
↓ 26.66%
Investing Cash Flow
-12.3M
↓ 61.39%
Financing Cash Flow
-55.4M
↑ 7.21%
Q2 FY23Q/Q Change
Operating Cash Flow
132.0M
↑ 174.77%
Investing Cash Flow
-55.9M
↑ 353.82%
Financing Cash Flow
-55.4M
↑ 0.0%

Technicals Summary

Sell

Neutral

Buy

Erie Indemnity Company is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Erie Indemnity Company
Erie Indemnity Company
-5.56%
28.39%
69.61%
66.88%
111.14%
Willis Towers Watson Plc
Willis Towers Watson Plc
-3.12%
30.29%
10.37%
13.86%
47.32%
Marsh & Mclennan Companies, Inc.
Marsh & Mclennan Companies, Inc.
-0.81%
8.05%
12.36%
57.77%
112.5%
Arthur J Gallagher & Co.
Arthur J Gallagher & Co.
-3.28%
4.31%
14.51%
72.19%
191.15%
Aon Plc
Aon Plc
-5.06%
-0.78%
-6.2%
34.7%
74.36%
Brown & Brown Inc.
Brown & Brown Inc.
-3.96%
23.54%
35.11%
63.43%
161.32%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Erie Indemnity Company
Erie Indemnity Company
44.7
44.7
3.05
9.79
0.29
0.15
0.01
31.8
Willis Towers Watson Plc
Willis Towers Watson Plc
26.58
26.58
1.12
16.31
0.11
0.04
0.01
92.84
Marsh & Mclennan Companies, Inc.
Marsh & Mclennan Companies, Inc.
25.72
25.72
2.43
8.66
0.33
0.09
0.01
25.21
Arthur J Gallagher & Co.
Arthur J Gallagher & Co.
53.74
53.74
2.09
10.12
0.1
0.03
0.01
49.73
Aon Plc
Aon Plc
24.82
24.82
1.52
16.2
0.58
0.08
0.01
-4.16
Brown & Brown Inc.
Brown & Brown Inc.
26.94
26.94
4.41
3.5
0.17
0.05
0.01
19.6
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Erie Indemnity Company
Erie Indemnity Company
Buy
$20.0B
111.14%
44.7
13.65%
Willis Towers Watson Plc
Willis Towers Watson Plc
Hold
$27.0B
47.32%
26.58
11.13%
Marsh & Mclennan Companies, Inc.
Marsh & Mclennan Companies, Inc.
Hold
$99.7B
112.5%
25.72
16.84%
Arthur J Gallagher & Co.
Arthur J Gallagher & Co.
Buy
$51.9B
191.15%
53.74
10.14%
Aon Plc
Aon Plc
Hold
$61.6B
74.36%
24.82
19.17%
Brown & Brown Inc.
Brown & Brown Inc.
Hold
$23.4B
161.32%
26.94
20.7%

Institutional Holdings

  • PNC Financial Services Group Inc

    9.39%

  • BlackRock Inc

    4.76%

  • Vanguard Group Inc

    4.70%

  • Franklin Resources Inc

    1.55%

  • State Street Corporation

    1.33%

  • Geode Capital Management, LLC

    0.75%

Corporate Announcements

  • Erie Indemnity Company Dividends March,2024

    In the quarter ending March,2024. Erie Indemnity Company has declared dividend of $1.27

    Read More

Company Information

from our modest roots starting in 1925 as a pennsylvania auto insurer, we've grown to become a multi-line insurance company, offering auto, home, business and life insurance through our network of independent insurance agents. today, our geographic presence extends to 12 states and the district of columbia; from new york to north carolina and from wisconsin to tennessee. at erie, we adhere to disciplined underwriting, fair pricing and a prudent investment philosophy. these factors have contributed to our ability to earn consistently superior ratings in the insurance industry. the combination of a quality agency force, a commitment to customer service and the financial stability provided by erie insurance group assures our customers that we’ll be there when they need us most. according to a.m. best company, erie insurance group is the 15th largest homeowners insurer and 12th largest automobile insurer in the united states based on direct premiums written and the 20th largest propert

Organization
Erie Indemnity Company
Employees
6481
CEO
Mr. Timothy Gerard NeCastro C.I.C., CPA
Industry
Finance

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