NASDAQ: ERIE
- Last Close 299.64
- Sector Financial Services
- Industry Insurance Brokers
- Investment Style Mid Blend
- Day Range 294.50 – 300.90
- Year Range 199.49 – 300.90
- Market Cap 15.6681 Bil
- Volume / Avg 116,327.0 / 208,775.7
- Price / Sales 5.71
- Price / Book 10.14
- Forward Div Yield 2.31%
- Trailing Div Yield 1.56%
Morningstar‘s Stock Analysis ERIE
Valuation
Currency in —
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Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile ERIE
Business Description
Erie Indemnity Co primarily 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.
Related Articles ERIE
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Erie Indemnity Co Class A
XNAS: ERIE
| Cincinnati Financial Corp
XNAS: CINF
| Selective Insurance Group Inc
XNAS: SIGI
| Mercury General Corp
XNYS: MCY
| |
Price
| 299.64 | 104.70 | 104.85 | 27.74 |
Currency
| USD | USD | USD | USD |
Change
| +$4.48 (1.52%) | −$0.50 (0.48%) | −$0.55 (0.52%) | −$0.32 (1.14%) |
Market Cap
| 15.67 Bil | 16.42 Bil | 6.35 Bil | 1.54 Bil |
Industry
| Insurance Brokers | Insurance - Property & Casualty | Insurance - Property & Casualty | Insurance - Property & Casualty |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Erie Indemnity Co Class A Stock
Yes. ERIE has a forward dividend yield of 1.59%.
See
ERIE’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
ERIE’s market cap is 15.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
ERIE’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
ERIE’s price/sales is 5.71.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
ERIE’s price/forward earnings is 44.33.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
ERIE’s price/book is 10.14.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See ERIE’s valuation ratios compared to the Market Index.
ERIE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare ERIE’s historical performance against its industry peers and the overall market.