- Ticker
- ERIE
- Price
- 193.74
- Stock movement down
- -1.44 (-0.74%)
- Company name
- Erie Indemnity Company
- Exchange
- (NASDAQ ,
- Currency
- USD )
- Sector
- Financial Services >Insurance Brokers
- Market cap
- 8.95B
- Ent value
- 9.70B
- Price/Sales
- 3.33
- Price/Book
- 6.71
- Div yield
- 2.29%
- Div growth
- 13.77%
- Growth years
- 31
- FCF payout
- 48.96%
- Trailing P/E
- 38.11
- Forward P/E
- 29.71
- PEG
- 3.81
- EPS growth
- 11.00%
- 1 year return
- 0.85%
- 3 year return
- -9.77%
- 5 year return
- 9.15%
- 10 year return
- 10.71%
Last updated: 2022-07-05
DIVIDENDS
Dividend yield - 5y
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Dividend yield data
| Dividend per share | 4.44 |
| Dividend yield | 2.29% |
| Payout frequency | Quarterly |
| Maximum yield | 3.01% |
| Average yield | 2.28% |
| Minimum yield | 1.33% |
| Discount to avg yield | 0.45% |
| Upside potential | 0.45% |
| Yield as % of max yield | 76.25% |
Yield distribution (inverse percentile) - 5y
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Yield distribution data
| Dividend yield | 2.29% |
| Current yield distribution | 50.87% |
| Yield at 100% (Min) | 1.33% |
| Yield at 90% | 1.72% |
| Yield at 80% | 1.84% |
| Yield at 50% (Median) | 2.30% |
| Yield at 20% | 2.70% |
| Yield at 10% | 2.81% |
| Yield at 0% (Max) | 3.01% |
Dividend per share
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Dividend per share data
| Years of growth | 31 years |
| CCC status | Dividend Champion |
| Dividend per share | 4.44 |
| Payout frequency | Quarterly |
| Ex-div date | 5 Jul 2022 |
| EPS (TTM) | 4.49 |
| EPS (1y forward) | 6.52 |
| EPS growth (5y) | 11.00% |
| EPS growth (5y forward) | 10.00% |
Dividend growth
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Dividend growth data
| ERIE | S&P500 | |
| DGR MR | 7.25% | 15.44% |
| DGR TTM | 7.45% | 7.80% |
| DGR 3 years | 7.50% | 3.88% |
| DGR 5 years | 13.77% | 4.73% |
| DGR 10 years | 7.23% | 8.30% |
| DGR 15 years | 7.29% | 5.82% |
| Time since last change announced | 209 days |
| EPS growth (5y) | 11.00% |
| EPS growth (5y forward) | 10.00% |
Payout ratio
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Payout ratio data
| EPS coverage | FCF coverage | |
| TTM | 83.60% | 48.96% |
| Average | 52.05% | 34.56% |
| Forward | 68.10% | - |
VALUATION
Valuation Ratios
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Valuation Ratios data
| Trailing P/E | 38.11 |
| Price to OCF | 16.15 |
| Price to FCF | 22.32 |
| Price to EBITDA | 22.61 |
| EV to EBITDA | 24.51 |
Valuation (Sales/Book Value)
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Valuation (Sales/Book Value) data
| Price to Sales | 3.33 |
| Price to Book | 6.71 |
| EV to Sales | 3.61 |
FINANCIALS
Per share
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Per share data
| Current share count | 46.19M |
| EPS (TTM) | 4.49 |
| FCF per share (TTM) | 7.67 |
Income statement
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Income statement data
| Revenue (TTM) | 2.69B |
| Gross profit (TTM) | 130.59M |
| Operating income (TTM) | 582.58M |
| Net income (TTM) | 234.80M |
| EPS (TTM) | 4.49 |
| EPS (1y forward) | 6.52 |
Margins
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Margins data
| Gross margin (TTM) | 4.86% |
| Operating margin (TTM) | 21.68% |
| Profit margin (TTM) | 8.74% |
Balance Sheet
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Balance Sheet data
| Cash | 141.31M |
| Net receivables | 478.75M |
| Total current assets | 751.35M |
| Goodwill | 0.00 |
| Intangible assets | 0.00 |
| Property, plant and equipment | 0.00 |
| Total assets | 2.22B |
| Accounts payable | 474.38M |
| Short/Current long term debt | 93.31M |
| Total current liabilities | 511.38M |
| Total liabilities | 889.65M |
| Shareholder's equity | 1.33B |
| Net tangible assets | 1.33B |
Cash flow
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Cash flow data
| Operating cash flow (TTM) | 554.07M |
| Capital expenditures (TTM) | 153.11M |
| Free cash flow (TTM) | 400.95M |
| Dividends paid (TTM) | 196.29M |
Financial returns
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Financial returns data
| Return on Equity | 17.60% |
| Return on Assets | 10.56% |
| Return on Invested Capital | 16.45% |
| Cash Return on Invested Capital | 28.09% |
STOCK INFORMATION
Stock chart
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Stock price data
| Open | 193.44 |
| Daily high | 194.10 |
| Daily low | 189.18 |
| Daily Volume | 79K |
| All-time high | 268.70 |
| 1y analyst estimate | 115.00 |
| Beta | 0.51 |
| EPS (TTM) | 4.49 |
| Dividend per share | 4.44 |
| Ex-div date | 5 Jul 2022 |
| Next earnings date | 27 Jul 2022 |
Downside potential
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Downside potential data
| ERIE | S&P500 | |
| Current price drop from All-time high | -27.90% | -20.05% |
| Highest price drop | -53.40% | -56.47% |
| Date of highest drop | 5 Mar 2009 | 9 Mar 2009 |
| Avg drop from high | -16.49% | -11.36% |
| Avg time to new high | 28 days | 12 days |
| Max time to new high | 1465 days | 1805 days |
COMPANY DETAILS
Marketcap
8.95B
Marketcap category
Mid-cap
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.
Employees
5805
Investor relations
SEC filings
CEO
Timothy NeCastro
Country
USA
City
Erie
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
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 incre...
June 27, 2022
In a national survey of U.S. consumers commissioned by Erie Insurance, two-thirds of respondents said they are more concerned about their financial security than they were before—and many are taking s...
June 21, 2022
Approximately 6.5 million car accidents happen in the United States each year, according to the U.S. Bureau of Transportation. You may know what to do if you're involved in a car accident. But do you ...
June 17, 2022
A national survey by Erie Insurance found a significant portion of U.S. drivers turned off or disabled features designed to make their cars safer, in part because they found them annoying or distracti...
May 24, 2022
While Erie Indemnity Company ( NASDAQ:ERIE ) shareholders are probably generally happy, the stock hasn't had...
May 21, 2022
Erie Insurance (NASDAQ: ERIE) today announced the promotion of Tim Shine to senior vice president in IT, focused on sales and product technology. The appointment was effective May 19.
May 20, 2022
Erie Insurance (ERIE) is one of 44 large employers recognized by the Business Group on Health as a 2022 Best Employer for Excellence in Health & Well-being. The annual awards program recognizes compan...
May 16, 2022
Bad habits can be hard to shake. This is especially true when it comes to driving. Depending on how many years you've spent behind the wheel, certain habits may be deeply ingrained by now. And many of...
May 12, 2022
Erie Insurance (NASDAQ: ERIE) today announced a series of new senior leadership appointments and promotions within the company's Personal Products, Experience, Law and Internal Audit areas.
May 5, 2022
If you want to know who really controls Erie Indemnity Company ( NASDAQ:ERIE ), then you'll have to look at the makeup...
May 3, 2022
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