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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. Erie Indemnity Company employs 5,700 staff and has a trailing 12-month revenue of around USD$2.5 billion.
|Latest market close||USD$247.65|
|52-week range||USD$127.1417 - USD$256.77|
|50-day moving average||USD$236.1147|
|200-day moving average||USD$216.6666|
|Wall St. target price||USD$115|
|Dividend yield||USD$4.14 (1.7%)|
|Earnings per share (TTM)||USD$5.548|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
|1 week (2021-01-11)||-3.69%|
|1 month (2020-12-18)||247.65|
|3 months (2020-10-16)||8.14%|
|6 months (2020-07-17)||21.54%|
|1 year (2020-01-17)||46.11%|
|2 years (2019-01-18)||73.24%|
|3 years (2018-01-18)||111.68%|
|5 years (2016-01-15)||170.39%|
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 44x. In other words, Erie Indemnity Company shares trade at around 44x 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 USD$358.7 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||USD$2.5 billion|
|Operating margin TTM||13.44%|
|Gross profit TTM||USD$357.3 million|
|Return on assets TTM||10.26%|
|Return on equity TTM||24.52%|
|Market capitalisation||USD$12.7 billion|
TTM: trailing 12 months
There are currently 805,255 Erie Indemnity Company shares held short by investors – that's known as Erie Indemnity Company's "short interest". This figure is 5.5% down from 851,888 last month.
There are a few different ways that this level of interest in shorting Erie Indemnity Company shares can be evaluated.
Erie Indemnity Company's "short interest ratio" (SIR) is the quantity of Erie Indemnity Company shares currently shorted divided by the average quantity of Erie Indemnity Company shares traded daily (recently around 99537.082818294). Erie Indemnity Company's SIR currently stands at 8.09. In other words for every 100,000 Erie Indemnity Company shares traded daily on the market, roughly 8090 shares are currently held short.
However Erie Indemnity Company's short interest can also be evaluated against the total number of Erie Indemnity Company shares, or, against the total number of tradable Erie Indemnity Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Erie Indemnity Company's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Erie Indemnity Company shares in existence, roughly 20 shares are currently held short) or 0.0322% of the tradable shares (for every 100,000 tradable Erie Indemnity Company shares, roughly 32 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Erie Indemnity Company.
Find out more about how you can short Erie Indemnity Company stock.
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 01/01/2019) 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.
|Total ESG score||27.66|
|Total ESG percentile||43.14|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Dividend payout ratio: 89.38% of net profits
Recently Erie Indemnity Company has paid out, on average, around 89.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.7% 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 1.7% return on their shares, in the form of dividend payments. In Erie Indemnity Company's case, that would currently equate to about $4.14 per share.
Erie Indemnity Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Erie Indemnity Company's most recent dividend payout was on 20 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 January 2021 (the "ex-dividend date").
Erie Indemnity Company's shares were split on a 3:1 basis on 13 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 $127.1417 up to $256.77. 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 0.4094. 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. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related services include 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 founded in 1925 and is based in Erie, Pennsylvania.
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