Erie Indemnity Company (ERIE)

NASDAQ: ERIE · IEX Real-Time Price · USD
401.57
-6.60 (-1.62%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

ERIE has a market cap or net worth of $21.00 billion. The enterprise value is $20.77 billion.

Market Cap 21.00B
Enterprise Value 20.77B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Apr 8, 2024

Share Statistics

ERIE has 46.19 million shares outstanding. The number of shares has increased by 0.00% in one year.

Shares Outstanding 46.19M
Shares Change (YoY) +0.00%
Shares Change (QoQ) +0.00%
Owned by Insiders (%) 45.52%
Owned by Institutions (%) 36.76%
Float 25.14M

Valuation Ratios

The trailing PE ratio is 47.08 and the forward PE ratio is 39.17. ERIE's PEG ratio is 3.05.

PE Ratio 47.08
Forward PE 39.17
PS Ratio 6.42
Forward PS 5.65
PB Ratio 12.63
P/FCF Ratio 72.77
PEG Ratio 3.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 36.97, with an EV/FCF ratio of 71.99.

EV / Earnings 46.57
EV / Sales 6.35
EV / EBITDA 36.97
EV / EBIT 36.97
EV / FCF 71.99

Financial Position

The company has a current ratio of 1.31, with zero debt.

Current Ratio 1.31
Quick Ratio 1.20
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 28.30% and return on invested capital (ROIC) is 24.84%.

Return on Equity (ROE) 28.30%
Return on Assets (ROA) 18.90%
Return on Capital (ROIC) 24.84%
Revenue Per Employee $498,618
Profits Per Employee $68,039
Employee Count 6,556
Asset Turnover 1.39
Inventory Turnover n/a

Taxes

In the past 12 months, ERIE has paid $115.88 million in taxes.

Income Tax 115.88M
Effective Tax Rate 20.62%

Stock Price Statistics

The stock price has increased by +75.83% in the last 52 weeks. The beta is 0.42, so ERIE's price volatility has been lower than the market average.

Beta (1Y) 0.42
52-Week Price Change +75.83%
50-Day Moving Average 375.45
200-Day Moving Average 302.08
Relative Strength Index (RSI) 54.11
Average Volume (30 Days) 120,837

Short Selling Information

The latest short interest is 813,721, so 1.76% of the outstanding shares have been sold short.

Short Interest 813,721
Short Previous Month 802,939
Short % of Shares Out 1.76%
Short % of Float 3.24%
Short Ratio (days to cover) 6.81

Income Statement

In the last 12 months, ERIE had revenue of $3.27 billion and earned $446.06 million in profits. Earnings per share was $8.53.

Revenue 3.27B
Gross Profit 520.26M
Operating Income 520.26M
Pretax Income 561.94M
Net Income 446.06M
EBITDA 561.94M
EBIT 561.94M
Earnings Per Share (EPS) $8.53
Full Income Statement

Balance Sheet

The company has $226.07 million in cash and no debt, giving a net cash position of $226.07 million or $4.89 per share.

Cash & Cash Equivalents 226.07M
Total Debt n/a
Net Cash 226.07M
Net Cash Per Share $4.89
Equity / Book Value 1.66B
Book Value Per Share 36.00
Working Capital 221.21M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $381.21 million and capital expenditures -$92.65 million, giving a free cash flow of $288.56 million.

Operating Cash Flow 381.21M
Capital Expenditures -92.65M
Free Cash Flow 288.56M
FCF Per Share $6.25
Full Cash Flow Statement

Margins

Gross margin is 15.92%, with operating and profit margins of 15.92% and 13.65%.

Gross Margin 15.92%
Operating Margin 15.92%
Pretax Margin 17.19%
Profit Margin 13.65%
EBITDA Margin 17.19%
EBIT Margin 17.19%
FCF Margin 8.83%

Dividends & Yields

This stock pays an annual dividend of $5.10, which amounts to a dividend yield of 1.27%.

Dividend Per Share $5.10
Dividend Yield 1.27%
Dividend Growth (YoY) 7.17%
Years of Dividend Growth 34
Payout Ratio 59.79%
Buyback Yield -0.00%
Shareholder Yield 1.27%
Earnings Yield 2.12%
FCF Yield 1.37%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on May 13, 1996. It was a forward split with a ratio of 3:1.

Last Split Date May 13, 1996
Split Type Forward
Split Ratio 3:1

Scores

ERIE has an Altman Z-Score of 19.34 and a Piotroski F-Score of 6.

Altman Z-Score 19.34
Piotroski F-Score 6