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Erie Indemnity (ERIE) Competitors

Erie Indemnity logo
$416.48 +8.10 (+1.98%)
(As of 12/20/2024 05:16 PM ET)

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Travelers Companies
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Erie Indemnity
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Travelers Companies$45.35B1.21$2.99B$19.5012.35
Erie Indemnity$3.82B5.04$446.06M$10.6938.96

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.

Company Net Margins Return on Equity Return on Assets
Travelers Companies10.02% 17.69% 3.50%
Erie Indemnity 15.16%31.22%21.14%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Travelers Companies
5 Sell rating(s)
12 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
2.17
Erie Indemnity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

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.

CompanyUnderperformOutperform
Travelers CompaniesOutperform Votes
580
52.92%
Underperform Votes
516
47.08%
Erie IndemnityOutperform Votes
241
63.59%
Underperform Votes
138
36.41%

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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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$19.24B$17.61B$10.97B$9.07B
Dividend Yield1.21%2.91%9.85%4.22%
P/E Ratio38.9626.8328.4917.19
Price / Sales5.047.4648.61116.80
Price / Cash54.2431.7830.3137.86
Price / BookN/A15.462.734.78
Net Income$446.06M$830.46M$1.03B$225.60M
7 Day Performance-1.02%-0.12%-2.88%-1.24%
1 Month Performance-2.01%0.71%-2.86%3.06%
1 Year Performance26.35%7.07%11.27%16.50%

Erie Indemnity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERIE
Erie Indemnity
2.457 of 5 stars
$416.48
+2.0%
N/A+27.6%$19.24B$3.82B38.966,556High Trading Volume
TRV
Travelers Companies
4.7141 of 5 stars
$247.41
+0.5%
$251.70
+1.7%
+31.0%$56.17B$41.36B12.6333,300Analyst Downgrade
ALL
Allstate
4.8668 of 5 stars
$196.11
-0.1%
$217.19
+10.7%
+42.8%$51.93B$62.43B12.7353,400Analyst Revision
ACGL
Arch Capital Group
4.8219 of 5 stars
$91.95
-1.6%
$118.38
+28.7%
+23.6%$34.60B$13.63B6.276,400Positive News
CINF
Cincinnati Financial
4.6196 of 5 stars
$152.70
+0.3%
$143.33
-6.1%
+43.2%$23.87B$12.16B7.825,426Positive News
WRB
W. R. Berkley
4.7704 of 5 stars
$59.97
-0.3%
$64.28
+7.2%
+26.8%$22.85B$12.14B15.578,329Positive News
MKL
Markel Group
3.5442 of 5 stars
$1,734.16
-0.1%
$1,626.83
-6.2%
+24.8%$22.30B$17.29B7.9621,600Positive News
FNF
Fidelity National Financial
4.8425 of 5 stars
$60.15
+0.3%
$63.80
+6.1%
+14.0%$16.46B$13.20B21.801,200Ex-Dividend
Positive News
CNA
CNA Financial
3.6932 of 5 stars
$48.87
+0.0%
$51.50
+5.4%
+14.4%$13.24B$13.83B10.186,300Positive News
ORI
Old Republic International
4.2472 of 5 stars
$37.72
+2.5%
$37.00
-1.9%
+25.1%$9.56B$7.26B12.909,200Dividend Announcement
Positive News
RLI
RLI
4.4116 of 5 stars
$170.61
-0.1%
$177.40
+4.0%
+27.6%$7.82B$1.78B18.761,099

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This page (NASDAQ:ERIE) was last updated on 12/21/2024 by MarketBeat.com Staff
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