Erie Indemnity Co. - Ordinary Shares - Class A

Erie Indemnity Co. - Ordinary Shares - Class A

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Market Cap$12.07B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Erie Indemnity Co. - Ordinary Shares - Class AErie Indemnity Co. - Ordinary Shares - Class A21.12.24%16%3.2-

Earnings Call Q4 2024

February 28, 2025 - AI Summary

Strong Financial Performance: Erie Indemnity Company reported a net income of $600 million for 2024, with earnings per diluted share of $11.48, a significant increase from $446 million and $8.53 per diluted share in 2023. This growth reflects a robust operating performance amid industry challenges.
Premium Growth and Retention: Direct written premiums for Erie Insurance Exchange grew by 16% in Q4 2024 and over 18% for the full year, supported by a 4.8% increase in policies in force, reaching over 7 million. Policyholder retention remained strong at 90.4%, indicating solid customer loyalty despite market volatility.
Improved Combined Ratio: The combined ratio improved significantly from 119.1 in 2023 to 110.4 for the full year 2024, demonstrating enhanced profitability as rate increases took effect. The fourth quarter ratio improved to 105.7, signaling better underwriting performance.

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$378.56

Current Fair Value

32.5% upside

Undervalued by 32.5% based on the discounted cash flow analysis.

Insider Trades

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Congress Trades

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Share Statistics

Market cap$12.07 Billion
Enterprise Value$11.79 Billion
Annual dividend$5.85
Dividend yield2.24%
Earnings per Share$12.01
Beta0.33
Outstanding Shares46,189,049

Return

Return on Equity16.20%ROE
Return on Assets16.20%
Return on Invested Capital27.27%

Valuation & Multiples

P/E Ratio21.13P/E Ratio
PEG-4472.06PEG
Price to Sales3.21Price to Sales
Price to Book Ratio5.39Price to Book Ratio
Enterprise Value to Revenue2.86
Enterprise Value to EBIT16.7
Enterprise Value to Net Income20
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Last Earnings Call

Report Date
October 29, 2026
EPS Estimate
$3.41
Consensus analyst estimate
Revenue Estimate
$1.22 B
Consensus analyst estimate

Next Earnings Call

Expected Date
February 22, 2027
EPS Estimate
$2.95
Consensus analyst estimate
Revenue Estimate
$958.98 M
Consensus analyst estimate

Institutional Put/Call Ratio

Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.

Put/Call Ratio0.0000▼ 11.15%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.51%▼ 43.58%
Total Invested$357.10M▼ 93.15%
Investors Holding108▼ 344.00%

About Erie Indemnity Co.

CEO: Timothy NeCastro

Erie Indemnity Insider Information FAQ

Stockcircle tracks 5 top investors with a current 13F position in Erie Indemnity. Notable holders include Bridgewater Associates. Holdings come from the latest quarterly 13F filings filed with the SEC.

In the latest 13F quarter on Stockcircle, 1 top investor reduced or sold among tracked top investors. Changes are based on reported share counts in their quarterly filings, not day-to-day trading.

Stockcircle shows 1 open-market insider purchase and 1 open-market insider sale for Erie Indemnity in the last six months from SEC Form 4 reports by executives, directors, and other insiders.

Stockcircle lists 4 politician trade disclosures tied to Erie Indemnity in the last twelve months, drawn from periodic financial disclosure reports. 2 politicians traded Erie Indemnity in the past year.

Form 4 insider trades are added as new filings are imported. Top investor 13F holdings refresh after each quarterly filing cycle. Politician trade disclosures are added when new reports are published on Stockcircle.