Erie Indemnity Company (erie)
ERIE — Company Overview
Erie Indemnity Company (ERIE) is a large-cap company in the Financial Services sector, operating in Insurance Brokers.
| Ticker | ERIE |
| Sector | Financial Services |
| Industry | Insurance Brokers |
| Exchange | NMS |
| Market cap | $11.81B |
| Last price | $225.77 |
| Size category | Large Cap |
ERIE — Business Description
Erie Indemnity Company (ERIE) operates in Insurance Brokers within the broader Financial Services market. 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.
Official website: https://www.erieinsurance.com.
ERIE — Investment Thesis
The investment thesis for Erie Indemnity Company (ERIE) rests on how Financial Services dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 2.8% year-over-year (public data).
- Trailing P/E of 21.28× sits in a moderate band relative to high-growth peers.
- Forward P/E (16.11×) is below trailing P/E — earnings may be expected to improve.
- Dividend yield near 2.5% adds an income component to total return.
- Equity market capitalization is approximately $11.81B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
ERIE — Financial Health
Financial health for Erie Indemnity Company (ERIE) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin near 14.0% leaves a narrower cushion versus higher-margin peers. Positive free cash flow of $481.21M supports balance-sheet flexibility.
| Trailing P/E | 21.28× |
| Forward P/E | 16.11× |
| Price / Sales | 2.87× |
| Price / Book | 4.79× |
| Gross margin | 17.9% |
| Operating margin | 19.1% |
| Profit margin | 14.0% |
| Return on equity | 24.8% |
| Debt / Equity | 2.56 |
| Free cash flow | $481.21M |
ERIE — Growth Outlook
Growth outlook for Erie Indemnity Company (ERIE) depends on demand trends in Insurance Brokers and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 2.8% suggests steady but measured expansion.
- Earnings growth of 3.2% year-over-year supports improving profitability.
- Price is 31.7% below the 52-week high.
- Shares trade 10.3% above the 52-week low — limited rebound so far.
ERIE — Competitive Position
Erie Indemnity Company (ERIE) is evaluated against peers on scale, margin structure, and capital efficiency within Financial Services.
- Competes within Financial Services, specifically in Insurance Brokers.
- Market capitalization of $11.81B places ERIE among large-cap peers.
- Gross margin of 17.9% should be benchmarked against direct competitors.
ERIE — Strengths
Strengths for Erie Indemnity Company (ERIE) inferred from public financial metrics:
- Earnings growth of 3.2% year-over-year.
- Return on equity near 24.8% — efficient use of shareholder capital.
- Positive free cash flow ($481.21M).
- Dividend yield of 2.5% for income-oriented holders.
- Moderate leverage (debt/equity 2.56).
- Large Cap scale ($11.81B) may provide distribution and funding advantages.
ERIE — Weaknesses
Weaknesses and pressure points for Erie Indemnity Company (ERIE) based on available data:
- Price 32% below the 52-week high — sustained negative sentiment.
ERIE — Opportunities
- Trading 10.3% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 2.5% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
ERIE — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
ERIE — Summary
Erie Indemnity Company (ERIE) is a large-cap Financial Services company focused on Insurance Brokers, listed on NMS. Last price $225.77 with market cap $11.81B. Trailing P/E 21.28×. Revenue grew 2.8% year-over-year per public data. Notable strengths include earnings growth of 3.2% year-over-year. Key watch items include price 32% below the 52-week high — sustained negative sentiment. Public estimates and earnings snapshots for Erie Indemnity Company are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Erie Indemnity Company FAQ
What does Erie Indemnity Company (ERIE) do?
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; und…
What is ERIE's P/E ratio?
Erie Indemnity Company has a trailing P/E of 21.28× based on publicly available market data.
Does ERIE pay a dividend?
Indicated dividend yield: 2.5%. Confirm ex-dates and payout history in Vest Terminal.
What sector is ERIE in?
Erie Indemnity Company is classified in Financial Services (Insurance Brokers) on NMS.
What is ERIE's market capitalization?
Approximate market cap: $11.81B.
What are the main risks for ERIE?
Standard market, competitive, and execution risks apply; see the Risks section.
What are the strengths of ERIE?
Potential positives include earnings growth of 3.2% year-over-year, return on equity near 24.8% — efficient use of shareholder capital.
Where can I get analyst estimates for ERIE?
Public analyst price targets and consensus for Erie Indemnity Company are on the free /stocks/erie/estimates page. Deeper estimate history and models are available in Vest Terminal.