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.
Travelers Companies (NYSE:TRV) and Erie Indemnity (NASDAQ:ERIE) are both large-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, valuation, dividends and community ranking.
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.
Travelers Companies presently has a consensus target price of $222.65, indicating a potential upside of 3.22%. Given Erie Indemnity's higher possible upside, equities research analysts plainly believe Travelers Companies is more favorable than Erie Indemnity.
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.
Travelers Companies has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500. Comparatively, Erie Indemnity has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500.
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 0.60 beat Travelers Companies' score of 0.44 indicating that Travelers Companies is being referred to more favorably in the media.
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.
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 endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Travelers Companies pays an annual dividend of $4.20 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 31.2% 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 increased its dividend for 20 consecutive years and Erie Indemnity has increased 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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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.
Skip ChartThis 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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