Stock Forecast

  Erie Indemnity Company ( ERIE) Stock. Should you Buy or Sell?    $ 222.99

-1.93 (-0.87 %)

Erie Indemnity Company Analysis

Updated on 10-09-2022
Symbol ERIE
Price $222.99
Beta 0.400
Volume Avg. $65.92 thousand
Market Cap $11.66 B
52 Week Range $158.46 - $234.96

Erie Indemnity Company opened the day at $222.99 which is -0.87 % on yesterday's close. Erie Indemnity Company has a 52 week high of $234.96 and 52 week low of $158.46, which is a difference of $76.5. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $11.66 B and total net profit is $2669608000 which means the company is trading at 4.37 times profit to market capitalization. Theoretically, if you were to buy Erie Indemnity Company for $11.66 B, it would take 15 years to get your money back. Erie Indemnity Company are in the Insurance Brokers space which will have a sweet spot and industry standard for net profit multiples.

Price Chart

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Erie Indemnity Company Stock Forecast - Is Erie Indemnity Company a Buy or Sell?

DCF ScoreStrong Buy
ROE ScoreNeutral
ROA ScoreNeutral
DE ScoreBuy
PE ScoreStrong Buy
PB ScoreStrong Buy
Overall RecommendationStrong Buy

Growth and Value

PE Ratio 39.749
Dividend Yiel 0.020
Net Profit Margin 0.108

Valuing Erie Indemnity Company

Price Book Value Ratio 8.705 Price To Book Ratio 8.705
Price To Sales Ratio 4.280 Price Earnings Ratio 39.656

How liquid is Erie Indemnity Company

Current Ratio 1.419
Quick Ratio 1.309


Debt Ratio 0.386 Debt Equity Ratio 0.628
Long Term Debt To Capitalization 0.000 Total Debt To Capitalization 0.000

Latest news about Erie Indemnity Company

Erie Indemnity Company (ERIE) CEO Tim NeCastro on Q2 2022 Results - Earnings Call Transcript

Erie Indemnity Company (NASDAQ:ERIE ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Scott Beilharz - Vice President, Investor Relations Tim NeCastro - President and Chief Executive Officer Greg Gutting - Executive Vice President and Chief Financial Officer Operator Good morning and welcome to the Erie Indemnity Company Second Quarter 2022 Earnings Conference Call. This call was prerecorded and there will be no question-and-answer session following the recording.

Date : 29/07/2022

Erie Indemnity (ERIE) Lags Q2 Earnings Estimates

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -5.56% and 2.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Date : 28/07/2022

Erie Indemnity to host second quarter 2022 pre-recorded conference call and webcast

ERIE, Pa. , July 20, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter on Friday, July 29 th, at 10 a.m. Eastern Time.

Date : 20/07/2022

Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy

Erie Indemnity Company sustains its robust performance amidst a challenging market landscape. Profitability remains high in its subsidiaries despite the upsurge in claims in the last year.

Date : 16/07/2022

Strength Seen in Erie Indemnity (ERIE): Can Its 4.2% Jump Turn into More Strength?

Erie Indemnity (ERIE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Date : 27/06/2022

About Erie Indemnity Company

CEO : Mr. Timothy NeCastro
Sector : Financial Services
Industry : Insurance Brokers

Website :

Exchange : NASDAQ Global Select

Description :

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.

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