Erie Indemnity Company (ERIE)

Last Closing Price: 380.26 (2024-04-25)

Company Description

Erie Indemnity Company's principal business activity consists of management of the affairs for Erie Insurance Exchange. The company alsoparticipates in the property/casualty insurance business through its three wholly owned subsidiaries, Erie Insurance Company, Erie Insurance Company of New York, and Erie Insurance Property and Casualty Company and through its management of the Flagship City Insurance Company, a subsidiary of Erie Insurance Exchange.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $3.27B
Net Income (Most Recent Fiscal Year) $446.06M
PE Ratio (Current Year Earnings Estimate) 37.92
PE Ratio (Trailing 12 Months) 44.86
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 6.12
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 12.04
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 40.05
Pre-Tax Margin (Trailing 12 Months) 17.19%
Net Margin (Trailing 12 Months) 13.65%
Return on Equity (Trailing 12 Months) 28.29%
Return on Assets (Trailing 12 Months) 18.95%
Current Ratio (Most Recent Fiscal Quarter) 1.47
Quick Ratio (Most Recent Fiscal Quarter) 1.47
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $31.79
Earnings per Share (Most Recent Fiscal Quarter) $2.12
Earnings per Share (Most Recent Fiscal Year) $8.53
Diluted Earnings per Share (Trailing 12 Months) $8.53
Stock
Exchange NASDAQ
Sector Financial Services
Industry Insurance Brokers
Common Shares Outstanding 52.30M
Free Float 28.35M
Market Capitalization $20.01B
Average Volume (Last 20 Days) 0.06M
Beta (Past 60 Months) 0.43
Percentage Held By Insiders (Latest Annual Proxy Report) 45.79%
Percentage Held By Institutions (Latest 13F Reports) 33.67%
Annual Dividend (Based on Last Quarter) $5.10
Dividend Yield (Based on Last Quarter) 1.33%