Erie Indemnity Co
NASDAQ:ERIE

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Erie Indemnity Co
NASDAQ:ERIE
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Price: 428.5 USD 0.82% Market Closed
Market Cap: 22.4B USD
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Erie Indemnity Co
Common Stock

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Erie Indemnity Co
Common Stock Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Common Stock CAGR 3Y CAGR 5Y CAGR 10Y
Erie Indemnity Co
NASDAQ:ERIE
Common Stock
$2.2m
CAGR 3-Years
3%
CAGR 5-Years
2%
CAGR 10-Years
1%
Travelers Companies Inc
NYSE:TRV
Common Stock
$25.3B
CAGR 3-Years
2%
CAGR 5-Years
2%
CAGR 10-Years
2%
Allstate Corp
NYSE:ALL
Common Stock
$2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
1%
Progressive Corp
NYSE:PGR
Common Stock
$585.8m
CAGR 3-Years
-18%
CAGR 5-Years
-11%
CAGR 10-Years
0%
Cincinnati Financial Corp
NASDAQ:CINF
Common Stock
$397m
CAGR 3-Years
0%
CAGR 5-Years
0%
CAGR 10-Years
0%
W R Berkley Corp
NYSE:WRB
Common Stock
$158.7m
CAGR 3-Years
31%
CAGR 5-Years
17%
CAGR 10-Years
13%
No Stocks Found

Erie Indemnity Co
Glance View

Market Cap
22.4B USD
Industry
Insurance

Erie Indemnity Company, established in 1925, stands as a prominent figure in the insurance industry, primarily known for its unique role as the management company for the Erie Insurance Group. Based in Erie, Pennsylvania, the company operates on a distinct model where it provides essential administrative services and earns fees for these services rather than directly underwriting insurance policies. This strategic positioning allows Erie Indemnity to enjoy a stable revenue stream, significantly insulated from the volatility often associated with traditional insurance underwriting. The company sustains a strong reputation for its customer-centric approach, earning trust through consistent service excellence and a focus on long-term growth, ultimately feeding into its commitment to enhancing shareholder value. As an investor, being drawn to Erie Indemnity means recognizing its solid financial fundamentals and impressive track record of profitability. The company has demonstrated resilience throughout fluctuating market cycles, driven by its prudent risk management practices and diversified service offerings. With a consistent tendency to return capital to shareholders via dividends, Erie Indemnity not only showcases its commitment to value creation but also presents an attractive proposition for investors seeking income and stability. Furthermore, as the insurance landscape continues to evolve, the company’s established presence and innovative service delivery model position it favorably to capitalize on new market opportunities, ensuring its long-term relevance and growth in an ever-changing environment.

ERIE Intrinsic Value
211.39 USD
Overvaluation 51%
Intrinsic Value
Price

See Also

What is Erie Indemnity Co's Common Stock?
Common Stock
2.2m USD

Based on the financial report for Sep 30, 2024, Erie Indemnity Co's Common Stock amounts to 2.2m USD.

What is Erie Indemnity Co's Common Stock growth rate?
Common Stock CAGR 10Y
1%

Over the last year, the Common Stock growth was 9%. The average annual Common Stock growth rates for Erie Indemnity Co have been 3% over the past three years , 2% over the past five years , and 1% over the past ten years .

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