EI2 Stock Overview
Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for EI2 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Erie Indemnity Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$390.00 |
| 52 Week High | US$490.00 |
| 52 Week Low | US$294.00 |
| Beta | 0.46 |
| 1 Month Change | -3.47% |
| 3 Month Change | -15.95% |
| 1 Year Change | 32.65% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 98.98% |
Recent News & Updates
Recent updates
Shareholder Returns
| EI2 | DE Insurance | DE Market | |
|---|---|---|---|
| 7D | 0% | -3.6% | -2.6% |
| 1Y | 32.7% | 22.0% | 6.9% |
Return vs Industry: EI2 exceeded the German Insurance industry which returned 22% over the past year.
Return vs Market: EI2 exceeded the German Market which returned 6.9% over the past year.
Price Volatility
| EI2 volatility | |
|---|---|
| EI2 Average Weekly Movement | 4.8% |
| Insurance Industry Average Movement | 3.1% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 11.2% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: EI2 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: EI2's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1925 | 6,493 | Tim NeCastro | www.erieinsurance.com |
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
Erie Indemnity Company Fundamentals Summary
| EI2 fundamental statistics | |
|---|---|
| Market cap | €20.87b |
| Earnings (TTM) | €535.95m |
| Revenue (TTM) | €3.54b |
38.9x
P/E Ratio5.9x
P/S RatioIs EI2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EI2 income statement (TTM) | |
|---|---|
| Revenue | US$3.69b |
| Cost of Revenue | US$3.05b |
| Gross Profit | US$636.23m |
| Other Expenses | US$77.02m |
| Earnings | US$559.21m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 10.69 |
| Gross Margin | 17.25% |
| Net Profit Margin | 15.16% |
| Debt/Equity Ratio | 0.4% |
How did EI2 perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield42%
Payout RatioDoes EI2 pay a reliable dividends?
See EI2 dividend history and benchmarks| Erie Indemnity dividend dates | |
|---|---|
| Ex Dividend Date | Jan 07 2025 |
| Dividend Pay Date | Jan 22 2025 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 30 days |
Does EI2 pay a reliable dividends?
See EI2 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Erie Indemnity Company is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Kumar | Macquarie Research |
| Michael Phillips | Stifel, Equities Research |
| Adam Klauber | William Blair & Company L.L.C. |