ERIE vs. TRV, ALL, ACGL, CINF, WRB, MKL, FNF, CNA, ORI, and RLI
Should you be buying Erie Indemnity stock or one of its competitors? The main competitors of Erie Indemnity include Travelers Companies (TRV), Allstate (ALL), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Markel Group (MKL), Fidelity National Financial (FNF), CNA Financial (CNA), Old Republic International (ORI), and RLI (RLI). These companies are all part of the "property & casualty insurance" industry.
Erie Indemnity vs.
Travelers Companies (NYSE:TRV) and Erie Indemnity (NASDAQ:ERIE) are both large-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership, profitability and earnings.
In the previous week, Travelers Companies had 7 more articles in the media than Erie Indemnity. MarketBeat recorded 11 mentions for Travelers Companies and 4 mentions for Erie Indemnity. Travelers Companies' average media sentiment score of 0.77 beat Erie Indemnity's score of 0.30 indicating that Travelers Companies is being referred to more favorably in the media.
Travelers Companies has a beta of 0.63, meaning that its share price is 37% less volatile than the S&P 500. Comparatively, Erie Indemnity has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500.
Travelers Companies pays an annual dividend of $4.20 per share and has a dividend yield of 1.7%. Erie Indemnity pays an annual dividend of $5.46 per share and has a dividend yield of 1.3%. Travelers Companies pays out 21.5% of its earnings in the form of a dividend. Erie Indemnity pays out 51.1% 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. Travelers Companies has raised its dividend for 20 consecutive years and Erie Indemnity has raised its dividend for 35 consecutive years. Travelers Companies is clearly the better dividend stock, given its higher yield and lower payout ratio.
Travelers Companies has higher revenue and earnings than Erie Indemnity. Travelers Companies is trading at a lower price-to-earnings ratio than Erie Indemnity, indicating that it is currently the more affordable of the two stocks.
Erie Indemnity has a net margin of 15.16% compared to Travelers Companies' net margin of 10.02%. Erie Indemnity's return on equity of 31.22% beat Travelers Companies' return on equity.
Travelers Companies currently has a consensus target price of $251.70, suggesting a potential upside of 4.54%. Given Travelers Companies' stronger consensus rating and higher possible upside, research analysts plainly believe Travelers Companies is more favorable than Erie Indemnity.
Travelers Companies received 339 more outperform votes than Erie Indemnity when rated by MarketBeat users. However, 63.59% of users gave Erie Indemnity an outperform vote while only 52.92% of users gave Travelers Companies an outperform vote.
82.4% of Travelers Companies shares are owned by institutional investors. Comparatively, 33.7% of Erie Indemnity shares are owned by institutional investors. 1.3% of Travelers Companies shares are owned by insiders. Comparatively, 45.8% of Erie Indemnity shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Travelers Companies beats Erie Indemnity on 14 of the 22 factors compared between the two stocks.
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This page (NASDAQ:ERIE) was last updated on 12/21/2024 by MarketBeat.com Staff