Erie Indemnity Company (ERIE)
Company Info
| ISIN | US29530P1021 |
|---|---|
| CUSIP | 29530P102 |
| Sector | Financial Services |
| Industry | Insurance Brokers |
| IPO Date | Oct 2, 1995 |
Highlights
| Market Cap | $21.83B |
|---|---|
| EPS (TTM) | $10.68 |
| PE Ratio | 39.10 |
| PEG Ratio | 3.05 |
| Total Revenue (TTM) | $3.69B |
| Gross Profit (TTM) | $633.56M |
| EBITDA (TTM) | $639.69M |
| Year Range | $273.65 - $545.72 |
| Target Price | $115.00 |
| Short % | 2.75% |
| Short Ratio | 1.96 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ERIE vs. CINF, ERIE vs. SPY, ERIE vs. COST, ERIE vs. QQQM, ERIE vs. AJG, ERIE vs. BRO, ERIE vs. VOO, ERIE vs. ET, ERIE vs. JPM, ERIE vs. WAB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Erie Indemnity Company, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Erie Indemnity Company had a return of 24.18% year-to-date (YTD) and 44.32% in the last 12 months. Over the past 10 years, Erie Indemnity Company had an annualized return of 19.98%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.18% | 25.48% |
| 1 month | -23.01% | 2.14% |
| 6 months | 4.59% | 12.76% |
| 1 year | 44.32% | 33.14% |
| 5 years (annualized) | 20.89% | 13.96% |
| 10 years (annualized) | 19.98% | 11.39% |
Monthly Returns
The table below presents the monthly returns of ERIE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.65% | 17.65% | -1.31% | -4.40% | -5.29% | -0.01% | 22.15% | 15.21% | 6.22% | -16.66% | 24.18% | ||
| 2023 | -1.28% | -3.67% | -1.58% | -5.70% | -1.49% | -1.91% | 6.29% | 25.58% | 5.40% | -5.61% | 7.04% | 13.29% | 37.35% |
| 2022 | -3.89% | -4.89% | 0.59% | -8.44% | 4.66% | 14.57% | 6.42% | 5.69% | 3.43% | 16.17% | 9.88% | -11.92% | 32.03% |
| 2021 | -0.60% | -0.41% | -8.75% | -2.67% | -6.02% | -3.87% | -3.86% | -4.22% | 0.75% | 16.01% | -9.72% | 3.69% | -19.98% |
| 2020 | 0.88% | -14.16% | 3.72% | 20.83% | 1.22% | 6.47% | 10.05% | 1.58% | -1.48% | 11.25% | -3.12% | 9.75% | 52.37% |
| 2019 | 10.54% | 21.75% | 0.17% | 6.59% | 12.33% | 19.57% | -12.10% | -1.55% | -15.35% | -0.25% | -8.12% | -1.95% | 27.05% |
| 2018 | -1.84% | -2.60% | 1.70% | -0.03% | -3.22% | 3.76% | 6.71% | -0.57% | 3.24% | 2.38% | 5.52% | -2.59% | 12.52% |
| 2017 | 0.39% | 5.80% | 3.45% | 1.56% | -4.89% | 6.20% | 2.55% | -5.23% | -0.18% | 0.85% | 2.56% | -1.65% | 11.21% |
| 2016 | 0.49% | -2.18% | -1.09% | 2.30% | 3.72% | 1.47% | -0.94% | 4.44% | 0.04% | 1.03% | 4.67% | 4.93% | 20.21% |
| 2015 | -3.81% | 0.29% | 0.40% | -4.43% | -1.72% | 0.91% | 6.01% | -5.03% | 1.18% | 6.32% | 10.14% | 0.02% | 9.54% |
| 2014 | -3.19% | 3.43% | -3.89% | 3.62% | 5.69% | -0.62% | -1.89% | 4.49% | -0.10% | 11.95% | 2.78% | 4.06% | 28.46% |
| 2013 | 3.06% | 2.61% | 3.18% | 6.17% | -4.60% | 4.98% | 1.59% | -8.22% | -1.75% | -0.09% | 1.63% | 0.18% | 8.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ERIE is 82, placing it in the top 18% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Erie Indemnity Company (ERIE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Erie Indemnity Company provided a 1.24% dividend yield over the last twelve months, with an annual payout of $5.10 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.10 | $4.76 | $4.44 | $4.14 | $5.86 | $3.60 | $3.35 | $3.13 | $2.19 | $3.45 | $2.54 | $1.78 |
Dividend yield | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% | 2.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Erie Indemnity Company. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.28 | $0.00 | $0.00 | $1.28 | $0.00 | $0.00 | $1.28 | $0.00 | $0.00 | $1.28 | $0.00 | $5.10 | |
| 2023 | $1.19 | $0.00 | $0.00 | $1.19 | $0.00 | $0.00 | $1.19 | $0.00 | $0.00 | $1.19 | $0.00 | $0.00 | $4.76 |
| 2022 | $1.11 | $0.00 | $0.00 | $1.11 | $0.00 | $0.00 | $1.11 | $0.00 | $0.00 | $1.11 | $0.00 | $0.00 | $4.44 |
| 2021 | $1.04 | $0.00 | $0.00 | $1.04 | $0.00 | $0.00 | $1.04 | $0.00 | $0.00 | $1.04 | $0.00 | $0.00 | $4.14 |
| 2020 | $0.97 | $0.00 | $0.00 | $0.97 | $0.00 | $0.00 | $0.97 | $0.00 | $0.00 | $0.97 | $0.00 | $2.00 | $5.86 |
| 2019 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $3.60 |
| 2018 | $0.84 | $0.00 | $0.00 | $0.84 | $0.00 | $0.00 | $0.84 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $3.35 |
| 2017 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $3.13 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $2.19 |
| 2015 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.73 | $3.45 |
| 2014 | $0.64 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.64 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $2.54 |
| 2013 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $1.78 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Erie Indemnity Company. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Erie Indemnity Company was 50.74%, occurring on Mar 5, 2009. Recovery took 377 trading sessions.
The current Erie Indemnity Company drawdown is 24.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.74% | Sep 19, 2007 | 368 | Mar 5, 2009 | 377 | Sep 1, 2010 | 745 |
| -49.11% | Jul 26, 2019 | 159 | Mar 12, 2020 | 209 | Jan 8, 2021 | 368 |
| -47.97% | Jul 3, 1996 | 569 | Oct 8, 1998 | 883 | Apr 18, 2002 | 1452 |
| -36.76% | Feb 10, 2021 | 308 | Apr 29, 2022 | 127 | Oct 31, 2022 | 435 |
| -27.65% | Dec 1, 2022 | 152 | Jul 12, 2023 | 20 | Aug 9, 2023 | 172 |
Volatility
Volatility Chart
The current Erie Indemnity Company volatility is 11.87%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Erie Indemnity Company compared to its peers in the Insurance Brokers industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for ERIE in comparison to other companies of the Insurance Brokers industry. Currently, ERIE has a PE value of 39.1. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for ERIE in comparison to other companies of the Insurance Brokers industry. Currently, ERIE has a PEG value of 3.1. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Erie Indemnity Company.
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Income Statement
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