Erie Indemnity Co
General ticker "ERIE" information:
- Sector: Financials
- Industry: Insurance
- Capitalization: $19.6B
Erie Indemnity Co follows the US Stock Market performance with the rate: 43.3%.
Estimated limits based on current volatility of 1.9%: low 408.85$, high 424.83$
Factors to consider:
- Company pays dividends: last record date 2024-10-07, amount 1.27$ (Y1.21%)
- Company does not operate outside US (retrieved using AI)
- Current price 10.9% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [257.91$, 378.90$]
- 2024-12-30 to 2025-12-30 estimated range: [249.24$, 376.09$]
Financial Metrics affecting the ERIE estimates:
- Positive: Non-GAAP EPS, $ of 8.53 > 2.29
- Positive: -3.48 < Investing cash flow per share, $ of -3.41
- Positive: 9.05 < Operating profit margin, % of 15.92
- Positive: 2.14 < Industry operating profit margin (median), % of 5.56
- Positive: Industry earnings per price (median), % of 6.07 > 5.96
- Negative: Inventory ratio change, % of 1.27 > 1.08
- Negative: Operating cash flow per share per price, % of 2.64 <= 7.18
- Positive: Return on assets ratio (scaled to [-100,100]) of 15.29 > 7.10
Short-term ERIE quotes
Long-term ERIE plot with estimates
Financial data
YTD | 2022-12-31 | 2023-12-31 |
---|---|---|
Operating Revenue | $2,840.76MM | $3,268.94MM |
Operating Expenses | $2,462.30MM | $2,748.68MM |
Operating Income | $378.46MM | $520.26MM |
Non-Operating Income | $-2.01MM | $41.68MM |
Interest Expense | $2.01MM | $0.00MM |
R&D Expense | $0.00MM | $0.00MM |
Income(Loss) | $376.45MM | $561.94MM |
Taxes | $77.88MM | $115.88MM |
Profit(Loss) | $298.57MM | $446.06MM |
Stockholders Equity | $1,448.41MM | $1,662.84MM |
Assets | $2,239.46MM | $2,471.96MM |
Operating Cash Flow | $366.15MM | $381.20MM |
Capital expenditure | $67.20MM | $92.65MM |
Investing Cash Flow | $-106.92MM | $-157.56MM |
Financing Cash Flow | $-300.84MM | $-221.68MM |
Earnings Per Share* | $6.41 | $9.66 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.