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Erie Indemnity (ERIE) Competitors

$362.43
-11.52 (-3.08%)
(As of 05/31/2024 ET)

ERIE vs. TRV, ALL, ACGL, MKL, WRB, CINF, 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), Markel Group (MKL), W. R. Berkley (WRB), Cincinnati Financial (CINF), 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 superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, media sentiment, community ranking, risk, analyst recommendations, earnings and institutional ownership.

In the previous week, Travelers Companies had 16 more articles in the media than Erie Indemnity. MarketBeat recorded 18 mentions for Travelers Companies and 2 mentions for Erie Indemnity. Erie Indemnity's average media sentiment score of 0.52 beat Travelers Companies' score of 0.44 indicating that Travelers Companies is being referred to more favorably in the media.

Company Overall Sentiment
Travelers Companies Positive
Erie Indemnity Neutral

Erie Indemnity has a net margin of 14.26% compared to Erie Indemnity's net margin of 7.32%. Travelers Companies' return on equity of 29.60% beat Erie Indemnity's return on equity.

Company Net Margins Return on Equity Return on Assets
Travelers Companies7.32% 13.94% 2.58%
Erie Indemnity 14.26%29.60%19.88%

Travelers Companies received 327 more outperform votes than Erie Indemnity when rated by MarketBeat users. However, 63.59% of users gave Erie Indemnity an outperform vote while only 54.20% of users gave Travelers Companies an outperform vote.

CompanyUnderperformOutperform
Travelers CompaniesOutperform Votes
568
54.20%
Underperform Votes
480
45.80%
Erie IndemnityOutperform Votes
241
63.59%
Underperform Votes
138
36.41%

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$41.36B1.19$2.99B$13.4616.03
Erie Indemnity$3.27B5.80$446.06M$9.2639.14

Travelers Companies currently has a consensus target price of $222.65, suggesting a potential upside of 3.22%. Given Erie Indemnity's higher probable upside, equities 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
2 Sell rating(s)
12 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.21
Erie Indemnity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

82.5% 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 company insiders. Comparatively, 45.8% of Erie Indemnity shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Travelers Companies has a beta of 0.6, meaning that its stock price is 40% less volatile than the S&P 500. Comparatively, Erie Indemnity has a beta of 0.43, meaning that its stock price is 57% less volatile than the S&P 500.

Travelers Companies pays an annual dividend of $4.00 per share and has a dividend yield of 1.9%. Erie Indemnity pays an annual dividend of $5.10 per share and has a dividend yield of 1.4%. Travelers Companies pays out 29.7% of its earnings in the form of a dividend. Erie Indemnity pays out 55.1% 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.

Summary

Travelers Companies beats Erie Indemnity on 13 of the 21 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 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$18.96B$17.68B$9.56B$7.97B
Dividend Yield1.36%2.75%6.17%4.00%
P/E Ratio39.1425.5545.0315.18
Price / Sales5.8024.40181.5893.40
Price / Cash39.1425.2816.3031.51
Price / Book10.987.943.294.59
Net Income$446.06M$954.11M$1.01B$213.90M
7 Day Performance-6.82%-0.75%0.38%0.87%
1 Month Performance-5.31%7.34%3.01%3.60%
1 Year Performance69.26%8.21%17.18%7.91%

Erie Indemnity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.6672 of 5 stars
$215.71
+1.5%
$222.65
+3.2%
+27.5%$49.40B$41.36B16.0333,300
ALL
Allstate
4.403 of 5 stars
$167.52
+2.1%
$174.59
+4.2%
+54.5%$44.21B$57.09B36.9853,400Short Interest ↑
ACGL
Arch Capital Group
3.7589 of 5 stars
$102.63
+1.2%
$100.67
-1.9%
+47.2%$38.54B$13.63B8.106,400Short Interest ↑
Analyst Revision
High Trading Volume
MKL
Markel Group
3.3731 of 5 stars
$1,642.81
+1.4%
$1,520.00
-7.5%
+25.1%$21.36B$15.80B8.8721,600Insider Selling
WRB
W. R. Berkley
4.8733 of 5 stars
$81.02
+1.9%
$90.38
+11.5%
+45.5%$20.71B$12.14B14.378,329Positive News
CINF
Cincinnati Financial
4.3765 of 5 stars
$117.58
+1.2%
$126.00
+7.2%
+21.8%$18.41B$10.01B7.825,426Analyst Revision
Positive News
FNF
Fidelity National Financial
4.9602 of 5 stars
$50.38
+0.2%
$55.80
+10.8%
+47.7%$13.77B$11.75B16.571,200Positive News
CNA
CNA Financial
2.8845 of 5 stars
$45.95
+1.4%
$46.50
+1.2%
+24.6%$12.30B$13.39B10.036,300Short Interest ↑
ORI
Old Republic International
4.4682 of 5 stars
$31.79
+1.1%
$34.00
+7.0%
+29.8%$8.64B$7.26B12.379,200Positive News
RLI
RLI
4.04 of 5 stars
$145.98
+1.9%
$163.25
+11.8%
+17.9%$6.67B$1.51B20.161,099

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This page (NASDAQ:ERIE) was last updated on 6/1/2024 by MarketBeat.com Staff

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