Erie Indemnity Stock Performance
| ERIE Stock | USD 380.46 2.27 0.60% |
Erie Indemnity has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Erie Indemnity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Erie Indemnity is expected to be smaller as well. Erie Indemnity right now shows a risk of 1.82%. Please confirm Erie Indemnity standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Erie Indemnity will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Erie Indemnity are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting forward indicators, Erie Indemnity may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 0.6 | Five Day Return (0.40) | Year To Date Return 13.57 | Ten Year Return 442.74 | All Time Return 2.3 K |
Forward Dividend Yield 0.0135 | Payout Ratio 0.578 | Last Split Factor 3:1 | Forward Dividend Rate 5.1 | Dividend Date 2024-04-23 |
| Erie Indemnity dividend paid on 23rd of January 2024 | 01/23/2024 |
1 | Willis Towers Watson Q4 Earnings and Revenues Beat Estimates | 02/06/2024 |
2 | All You Need to Know About Erie Indemnity Rating Upgrade to Buy | 02/29/2024 |
3 | Compelling Reasons to Hold on to Marsh McLennan Stock | 03/18/2024 |
4 | Erie Indemnity is an Incredible Growth Stock 3 Reasons Why | 03/20/2024 |
5 | In spite of recent selling, insiders still have the largest holding in Erie Indemnity Company with a 41 percent ownership | 03/21/2024 |
6 | 15 Best States for Homeowners Insurance in the US | 03/22/2024 |
7 | Acquisition by Lorianne Feltz of tradable shares of Erie Indemnity subject to Rule 16b-3 | 03/25/2024 |
8 | Acquisition by Lorianne Feltz of tradable shares of Erie Indemnity at 401.57 subject to Rule 16b-3 | 03/28/2024 |
9 | Acquisition by Elizabeth Vorsheck of tradable shares of Erie Indemnity subject to Rule 16b-3 | 04/01/2024 |
10 | Erie Indemnity goes ex dividend Monday | 04/05/2024 |
11 | Erie Indemnity Cos Dividend Analysis | 04/08/2024 |
12 | Erie Indemnity shareholders have earned a 20 percent CAGR over the last five years | 04/11/2024 |
13 | RSI Alert Erie Indemnity Now Oversold - Nasdaq | 04/15/2024 |
14 | EverQuote Rallies 137.7 percent in a Year More Room to Run | 04/18/2024 |
| Begin Period Cash Flow | 142.1 M | |
| Free Cash Flow | 288.6 M |
Erie |
Erie Indemnity Relative Risk vs. Return Landscape
If you would invest 34,106 in Erie Indemnity on January 20, 2024 and sell it today you would earn a total of 3,940 from holding Erie Indemnity or generate 11.55% return on investment over 90 days. Erie Indemnity is currently generating 0.1923% in daily expected returns and assumes 1.8215% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of stocks are less volatile than Erie, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Erie Indemnity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erie Indemnity's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Erie Indemnity, and traders can use it to determine the average amount a Erie Indemnity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1056
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Erie Indemnity is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Erie Indemnity by adding it to a well-diversified portfolio.
Erie Indemnity Fundamentals Growth
Erie Stock prices reflect investors' perceptions of the future prospects and financial health of Erie Indemnity, and Erie Indemnity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Erie Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 19.67 B | ||||
| Shares Outstanding | 46.19 M | ||||
| Price To Earning | 46.37 X | ||||
| Price To Book | 11.99 X | ||||
| Price To Sales | 6.10 X | ||||
| Revenue | 3.26 B | ||||
| Gross Profit | 376.21 M | ||||
| EBITDA | 568.01 M | ||||
| Net Income | 446.06 M | ||||
| Cash And Equivalents | 147.47 M | ||||
| Cash Per Share | 2.82 X | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 31.80 X | ||||
| Cash Flow From Operations | 381.2 M | ||||
| Earnings Per Share | 8.52 X | ||||
| Market Capitalization | 19.89 B | ||||
| Total Asset | 2.51 B | ||||
| Retained Earnings | 2.8 B | ||||
| Working Capital | 189.45 M | ||||
| Current Asset | 635.15 M | ||||
| Current Liabilities | 445.7 M | ||||
About Erie Indemnity Performance
To evaluate Erie Indemnity Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Erie Indemnity generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Erie Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Erie Indemnity market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Erie's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (11.67) | (12.25) | |
| Return On Tangible Assets | 0.17 | 0.18 | |
| Return On Capital Employed | 0.29 | 0.15 | |
| Return On Assets | 0.18 | 0.19 | |
| Return On Equity | 0.27 | 0.17 |
Things to note about Erie Indemnity performance evaluation
Checking the ongoing alerts about Erie Indemnity for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Erie Indemnity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 46.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: EverQuote Rallies 137.7 percent in a Year More Room to Run |
- Analyzing Erie Indemnity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Erie Indemnity's stock is overvalued or undervalued compared to its peers.
- Examining Erie Indemnity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Erie Indemnity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Erie Indemnity's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Erie Indemnity's stock. These opinions can provide insight into Erie Indemnity's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Erie Indemnity's price analysis, check to measure Erie Indemnity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erie Indemnity is operating at the current time. Most of Erie Indemnity's value examination focuses on studying past and present price action to predict the probability of Erie Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erie Indemnity's price. Additionally, you may evaluate how the addition of Erie Indemnity to your portfolios can decrease your overall portfolio volatility.
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Is Erie Indemnity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.697 | Dividend Share 4.845 | Earnings Share 8.52 | Revenue Per Share 70.773 | Quarterly Revenue Growth 0.167 |
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.