ERIE 📈 Erie Indemnity - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29530P1021
ERIE: Insurance, Underwriting, Sales, Customer, Administrative, IT
Erie Indemnity Company serves as the managing attorney-in-fact for the subscribers at the Erie Insurance Exchange, a role that enables it to provide a range of essential services to its clients across the United States. These services include the issuance and renewal of policies, as well as sales-related support, such as agent compensation and advertising assistance.
The company's underwriting services are a critical component of its operations, encompassing underwriting and policy processing. This involves evaluating and assuming risks, as well as processing policy applications and renewals. By providing these services, Erie Indemnity Company helps to facilitate the smooth operation of the insurance exchange.
In addition to these core services, the company offers a range of other support services, including customer services and administrative support. These services are designed to ensure that clients receive the assistance they need, when they need it. The company also provides information technology services, which enable it to stay at the forefront of the insurance industry.
With a rich history dating back to 1925, Erie Indemnity Company has established itself as a trusted and reliable partner for the Erie Insurance Exchange. Headquartered in Erie, Pennsylvania, the company remains committed to delivering exceptional service and support to its clients. For more information, please visit https://www.erieinsurance.com.
Additional Sources for ERIE Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ERIE Stock Overview
Market Cap in USD | 22,406m |
Sector | Financial Services |
Industry | Insurance Brokers |
GiC Industry | Insurance |
TER | 0.00% |
IPO / Inception | 1995-10-02 |
ERIE Stock Ratings
Growth 5y | 84.0% |
Fundamental | 67.4% |
Dividend | 51.4% |
Rel. Strength Sector | -14.6 |
Analysts | 5/5 |
Fair Price Momentum | 429.67 USD |
Fair Price DCF | 261.85 USD |
ERIE Dividends
Dividend Yield 12m | 1.24% |
Yield on Cost 5y | 3.36% |
Annual Growth 5y | 5.92% |
Payout Consistency | 92.50% |
ERIE Growth Ratios
Growth Correlation 3m | -80.4% |
Growth Correlation 12m | 79.7% |
Growth Correlation 5y | 81.5% |
CAGR 5y | 22.02% |
CAGR/Mean DD 5y | 1.76 |
Sharpe Ratio 12m | 1.12 |
Alpha | 24.33 |
Beta | 0.26 |
Volatility | 26.44% |
Current Volume | 125.5k |
Average Volume 20d | 144.4k |
As of December 09, 2024, the stock is trading at USD 411.87 with a total of 125,482 shares traded.
Over the past week, the price has changed by -5.80%, over one month by -2.96%, over three months by -17.96% and over the past year by +36.33%.
Yes, based on ValueRay Fundamental Analyses, Erie Indemnity (NASDAQ:ERIE) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 67.43 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ERIE as of December 2024 is 429.67. This means that ERIE is currently overvalued and has a potential downside of 4.32%.
Erie Indemnity has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy ERIE.
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, ERIE Erie Indemnity will be worth about 466.6 in December 2025. The stock is currently trading at 411.87. This means that the stock has a potential upside of +13.28%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 115 | -72.1% |
Analysts Target Price | 115 | -72.1% |
ValueRay Target Price | 466.6 | 13.3% |