Erie Indemnity Co Class A ERIE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Erie Indemnity Reports First Quarter 2024 Results
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Erie Insurance receives Business Group on Health's 'Best Employers: Excellence in Health & Well-being' award
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Erie Indemnity to host first quarter 2024 pre-recorded conference call and webcast
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Should Distracted Driving Laws Apply to Your Dog? Erie Insurance Survey Shows Americans Equally Divided on the Issue
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Erie Indemnity Reports Full Year and Fourth Quarter 2023 Results
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Erie Indemnity to host fourth quarter and year-end 2023 pre-recorded conference call and webcast
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4 Tips on Talking to your Loved Ones about Life Insurance
Trading Information
- Previous Close Price
- $380.26
- Day Range
- $371.31–386.67
- 52-Week Range
- $199.49–420.34
- Bid/Ask
- $373.72 / $390.29
- Market Cap
- $19.96 Bil
- Volume/Avg
- 59,004 / 93,726
Key Statistics
- Price/Earnings (Normalized)
- 40.44
- Price/Sales
- 5.45
- Dividend Yield (Trailing)
- 1.29%
- Dividend Yield (Forward)
- 1.34%
- Total Yield
- 1.29%
Company Profile
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 6,556
- Website
- https://www.erieinsurance.com
Comparables
Valuation
|
Metric
|
ERIE
|
UNM
|
CINF
|
|---|---|---|---|
Price/Earnings (Normalized) | 40.44 | 6.63 | 16.14 |
Price/Book Value | 11.52 | 1.02 | 1.37 |
Price/Sales | 5.45 | 0.81 | 1.64 |
Price/Cash Flow | — | 8.20 | 14.18 |
Price/Earnings
ERIE
UNM
CINF
Financial Strength
|
Metric
|
ERIE
|
UNM
|
CINF
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | 9.42 | 43.15 |
Quick Ratio
No chart available
Profitability
|
Metric
|
ERIE
|
UNM
|
CINF
|
|---|---|---|---|
Return on Assets (Normalized) | 20.23% | 2.45% | 3.07% |
Return on Equity (Normalized) | 30.15% | 16.28% | 8.65% |
Return on Invested Capital (Normalized) | 30.15% | 11.56% | 8.37% |
Return on Assets
ERIE
UNM
CINF
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