Erie Indemnity CompanyERIE

$221.14-0.50 (-0.23%)
NASDAQFinancial ServicesDividend Aristocrat24:00 UTC

Company snapshot

Market Cap
$12B
Large-cap
+95%
2016 — today
10-Year Price
+117%
2016 — today
52-Week Range
$207.24$368.96
Current $221.14· 9%

Erie Indemnity Company functions as the managing attorney-in-fact, overseeing operations for subscribers of the Erie Insurance Exchange throughout the United States. In this capacity, the company delivers a comprehensive range of services to policyholders on behalf of the Exchange. These services span the entire insurance process, from sales and underwriting to the issuance and renewal of policies. More specifically, its offerings include robust support for sales, which covers agent compensation, advertising, and marketing efforts. Underwriting operations encompass both the assessment of policies and their subsequent processing. Additionally, the company provides essential customer service, handles various administrative tasks, and offers critical information technology services. Established in 1925, Erie Indemnity Company maintains its headquarters in Erie, Pennsylvania.

Valuation in context

P/E ratio
20.3
Near historic low
Near historic low — last 10 years
P/B ratio
5.0
Near historic low
Near historic low — last 10 years
EV / EBITDA
14.3
Near historic low
Near historic low — last 10 years
Dividend Yield
2.6%
Above average
Above the 10-year average
PEG ratio
1.6
Near historic low
Near historic low — last 10 years
FCF Yield
4.6%
Near historic high
Near historic highs — last 10 years
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