Profile
Company facts
- Exchange
- NASDAQ
- Currency
- USD
- Sector
- Financial Services
- Industry
- Insurance Brokers
- ISIN
- US29530P1021
- Market cap
- 14B
- P/E ratio
- 24.03
- Analyst target
- 115
- Dividend yield
- 2.1%
- Beta
- 0.3
About
About Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
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5 years, 4 months ago
Erie Indemnity Company is currently in a long term downtrend where the price is trading 17.1% below its 200 day moving average.
From a valuation standpoint, the stock is 43.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.1.
Erie Indemnity Company's total revenue rose by 2.5% to $621M since the same quarter in the previous year.
Its net income has increased by 5.4% to $63M since the same quarter in the previous year.
Finally, its free cash flow grew by 12.8% to $105M since the same quarter in the previous year.
Based on the above factors, Erie Indemnity Company gets an overall score of 4/5.