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Erie Indemnity (ERIE) Competitors

$396.81
+0.54 (+0.14%)
(As of 05/17/2024 08:53 PM ET)

ERIE vs. BRO, WTW, RYAN, EQH, AJG, AON, BSBR, HBAN, WRB, and LPLA

Should you be buying Erie Indemnity stock or one of its competitors? The main competitors of Erie Indemnity include Brown & Brown (BRO), Willis Towers Watson Public (WTW), Ryan Specialty (RYAN), Equitable (EQH), Arthur J. Gallagher & Co. (AJG), AON (AON), Banco Santander (Brasil) (BSBR), Huntington Bancshares (HBAN), W. R. Berkley (WRB), and LPL Financial (LPLA). These companies are all part of the "finance" sector.

Erie Indemnity vs.

Erie Indemnity (NASDAQ:ERIE) and Brown & Brown (NYSE:BRO) are both large-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, profitability, valuation, institutional ownership, analyst recommendations, earnings, community ranking, risk and dividends.

33.7% of Erie Indemnity shares are owned by institutional investors. Comparatively, 71.0% of Brown & Brown shares are owned by institutional investors. 45.8% of Erie Indemnity shares are owned by insiders. Comparatively, 17.0% of Brown & Brown shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Erie Indemnity has a beta of 0.43, meaning that its share price is 57% less volatile than the S&P 500. Comparatively, Brown & Brown has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500.

In the previous week, Brown & Brown had 86 more articles in the media than Erie Indemnity. MarketBeat recorded 86 mentions for Brown & Brown and 0 mentions for Erie Indemnity. Brown & Brown's average media sentiment score of 0.20 beat Erie Indemnity's score of 0.00 indicating that Brown & Brown is being referred to more favorably in the news media.

Company Overall Sentiment
Erie Indemnity Neutral
Brown & Brown Neutral

Brown & Brown has a consensus target price of $87.30, indicating a potential downside of 2.82%. Given Brown & Brown's higher possible upside, analysts clearly believe Brown & Brown is more favorable than Erie Indemnity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erie Indemnity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Brown & Brown
2 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.30

Brown & Brown has higher revenue and earnings than Erie Indemnity. Brown & Brown is trading at a lower price-to-earnings ratio than Erie Indemnity, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erie Indemnity$3.27B6.35$446.06M$9.2642.85
Brown & Brown$4.26B6.02$870.50M$3.2527.64

Erie Indemnity pays an annual dividend of $5.10 per share and has a dividend yield of 1.3%. Brown & Brown pays an annual dividend of $0.52 per share and has a dividend yield of 0.6%. Erie Indemnity pays out 55.1% of its earnings in the form of a dividend. Brown & Brown pays out 16.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Brown & Brown has a net margin of 21.09% compared to Erie Indemnity's net margin of 14.26%. Erie Indemnity's return on equity of 29.60% beat Brown & Brown's return on equity.

Company Net Margins Return on Equity Return on Assets
Erie Indemnity14.26% 29.60% 19.88%
Brown & Brown 21.09%16.43%6.15%

Brown & Brown received 162 more outperform votes than Erie Indemnity when rated by MarketBeat users. However, 63.59% of users gave Erie Indemnity an outperform vote while only 54.98% of users gave Brown & Brown an outperform vote.

CompanyUnderperformOutperform
Erie IndemnityOutperform Votes
241
63.59%
Underperform Votes
138
36.41%
Brown & BrownOutperform Votes
403
54.98%
Underperform Votes
330
45.02%

Summary

Brown & Brown beats Erie Indemnity on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ERIE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ERIE vs. The Competition

MetricErie IndemnityInsurance agents, brokers, & service IndustryFinance SectorNASDAQ Exchange
Market Cap$20.75B$17.96B$10.19B$7.98B
Dividend Yield1.29%2.75%5.85%3.91%
P/E Ratio42.8526.1937.0418.77
Price / Sales6.3527.95142.3085.85
Price / Cash41.5426.5916.0631.98
Price / Book12.028.193.164.64
Net Income$446.06M$953.69M$1.01B$217.28M
7 Day Performance-2.40%1.80%1.73%2.90%
1 Month Performance4.00%6.15%4.64%6.66%
1 Year Performance73.76%7.09%19.77%9.89%

Erie Indemnity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BRO
Brown & Brown
4.7976 of 5 stars
$88.44
+1.1%
$87.30
-1.3%
+35.4%$25.23B$4.26B27.219,705
WTW
Willis Towers Watson Public
4.3012 of 5 stars
$253.89
+0.1%
$295.54
+16.4%
+12.1%$25.96B$9.48B25.4748,000
RYAN
Ryan Specialty
2.6279 of 5 stars
$53.66
+1.0%
$54.25
+1.1%
+22.3%$13.98B$2.08B101.254,350Positive News
EQH
Equitable
4.4756 of 5 stars
$40.23
-0.2%
$40.10
-0.3%
+66.2%$13.08B$10.40B12.468,500
AJG
Arthur J. Gallagher & Co.
4.7582 of 5 stars
$250.78
+0.5%
$255.77
+2.0%
+19.3%$54.80B$10.07B50.7752,000Positive News
AON
AON
4.8303 of 5 stars
$287.83
-0.3%
$329.69
+14.5%
-10.6%$62.58B$13.38B22.5650,000
BSBR
Banco Santander (Brasil)
3.2718 of 5 stars
$5.59
+0.7%
$5.60
+0.2%
-9.2%$20.78B$29.50B0.0055,611Positive News
HBAN
Huntington Bancshares
4.9065 of 5 stars
$14.08
+0.9%
$15.17
+7.7%
+39.7%$20.41B$10.84B12.6819,955
WRB
W. R. Berkley
4.8295 of 5 stars
$78.83
+0.3%
$90.38
+14.6%
+37.6%$20.15B$12.50B13.988,329Positive News
LPLA
LPL Financial
4.6492 of 5 stars
$268.41
+0.4%
$276.20
+2.9%
+35.3%$20.05B$10.05B20.278,400Positive News

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This page (NASDAQ:ERIE) was last updated on 5/20/2024 by MarketBeat.com Staff

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