Ticker
ERIE

Price
408.17
Stock movement up
+2.21 (0.54%)
Company name
Erie Indemnity Company
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Insurance Brokers
Market cap
18.85B
Ent value
19.50B
Price/Sales
6.64
Price/Book
13.02
Div yield
1.25%
Div growth
7.39%
Growth years
31
FCF payout
31.01%
Trailing P/E
63.14
Forward P/E
57.41
PEG
6.31
EPS growth
11.11%
1 year return
79.91%
3 year return
22.07%
5 year return
18.25%
10 year return
19.73%
Last updated: 2024-03-27

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share5.10
Dividend yield1.25%
Payout frequencyQuarterly
Maximum yield2.83%
Average yield1.99%
Minimum yield1.22%
Discount to avg yield-59.42%
Upside potential-37.27%
Yield as % of max yield44.14%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield1.25%
Current yield distribution99.05%
Yield at 100% (Min)1.22%
Yield at 90%1.58%
Yield at 80%1.68%
Yield at 50% (Median)2.02%
Yield at 20%2.30%
Yield at 10%2.40%
Yield at 0% (Max)2.83%

Dividend per share

Loading...
Dividend per share data
Years of growth31 years
CCC statusDividend Champion
Dividend per share5.10
Payout frequencyQuarterly
Ex-div date8 Apr 2024
EPS (TTM)5.71
EPS (1y forward)7.11
EPS growth (5y)11.11%
EPS growth (5y forward)10.00%

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
ERIES&P500
DGR MR7.14%-16.32%
DGR TTM7.17%4.05%
DGR 3 years7.53%5.24%
DGR 5 years7.39%5.40%
DGR 10 years10.44%7.07%
DGR 15 years5.25%6.12%
Time since last change announced114 days
EPS growth (5y)11.11%
EPS growth (5y forward)10.00%

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM69.25%31.01%
Average54.05%36.24%
Forward71.73%-

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E63.14
Price to OCF25.68
Price to FCF28.27
Price to EBITDA-
EV to EBITDA-

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales6.64
Price to Book13.02
EV to Sales6.87

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

Loading...
Per share data
Current share count46.19M
EPS (TTM)5.71
FCF per share (TTM)12.75

Income statement

Loading...
Income statement data
Revenue (TTM)2.84B
Gross profit (TTM)-1.47B
Operating income (TTM)671.00M
Net income (TTM)298.57M
EPS (TTM)5.71
EPS (1y forward)7.11

Margins

Loading...
Margins data
Gross margin (TTM)-51.79%
Operating margin (TTM)23.63%
Profit margin (TTM)10.51%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash142.09M
Net receivables524.94M
Total current assets778.80M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets2.24B
Accounts payable233.37M
Short/Current long term debt0.00
Total current liabilities665.11M
Total liabilities791.05M
Shareholder's equity1.45B
Net tangible assets1.45B

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)734.09M
Capital expenditures (TTM)67.20M
Free cash flow (TTM)666.88M
Dividends paid (TTM)206.77M

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity20.61%
Return on Assets13.33%
Return on Invested Capital17.08%
Cash Return on Invested Capital38.14%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open408.97
Daily high410.00
Daily low401.77
Daily Volume389K
All-time high417.35
1y analyst estimate115.00
Beta0.45
EPS (TTM)5.71
Dividend per share5.10
Ex-div date8 Apr 2024
Next earnings date25 Apr 2024

Downside potential

Loading...
Downside potential data
ERIES&P500
Current price drop from All-time high-2.20%-
Highest price drop-53.40%-56.47%
Date of highest drop5 Mar 20099 Mar 2009
Avg drop from high-16.18%-11.36%
Avg time to new high25 days13 days
Max time to new high1465 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
ERIE (Erie Indemnity Company) company logo
Marketcap
18.85B
Marketcap category
Large-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
5970
SEC filings
CEO
Timothy NeCastro
Country
USA
City
Erie
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
Loading...