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Erie Indemnity (ERIE)

(Delayed Data from NSDQ)

$406.11 USD

406.11
125,285

-4.48 (-1.09%)

Updated Nov 14, 2024 04:00 PM ET

After-Market: $405.90 -0.21 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 34% (85 out of 250)

Industry: Insurance - Brokerage

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Balance Sheet

Research for ERIE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Erie Indemnity Company falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 144 142 184 161 337
Receivables 635 533 485 503 475
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 779 675 669 665 811
Net Property & Equipment 443 414 375 265 221
Investments & Advances 1,104 1,028 1,093 1,085 825
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 34 0 0 12 17
Intangibles 0 0 0 0 0
Deposits & Other Assets 112 123 105 90 142
Total Assets 2,472 2,239 2,242 2,117 2,016
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 529 466 409 413 398
Current Portion Long-Term Debt 0 0 2 2 2
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 529 466 411 415 400
Mortgages 0 0 0 0 0
Deferred Taxes/Income 11 14 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 92 94 96
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 268 311 397 420 387
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 809 791 900 929 883
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 16 16 17 16 16
Retained Earnings 2,804 2,583 2,495 2,394 2,378
Other Equity 10 15 -4 -61 -104
Treasury Stock 1,169 1,169 1,168 1,164 1,159
Total Shareholder's Equity 1,663 1,448 1,342 1,188 1,133
Total Liabilities & Shareholder's Equity 2,472 2,239 2,242 2,117 2,016
Total Common Equity 1,663 1,448 1,342 1,188 1,133
Shares Outstanding 52.30 NA 46.10 46.10 46.10
Book Value Per Share 31.79 -0.01 29.12 25.77 24.58

Fiscal Year End for Erie Indemnity Company falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents 221 171 145 144 103
Receivables 747 718 651 635 630
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 969 889 796 779 733
Net Property & Equipment 481 469 462 443 435
Investments & Advances 1,222 1,137 1,114 1,104 1,054
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 34 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 193 196 184 112 173
Total Assets 2,864 2,692 2,556 2,472 2,395
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 621 612 598 529 523
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 621 612 598 529 523
Mortgages 0 0 0 0 0
Deferred Taxes/Income 13 5 7 11 11
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 282 225 268 248
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 916 863 830 809 783
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 16 16 16 16 16
Retained Earnings 3,074 2,973 2,869 2,804 2,752
Other Equity 24 5 8 10 10
Treasury Stock 1,169 1,168 1,169 1,169 1,169
Total Shareholder's Equity 1,948 1,829 1,726 1,663 1,612
Total Liabilities & Shareholder's Equity 2,864 2,692 2,556 2,472 2,395
Total Common Equity 1,948 1,829 1,726 1,663 1,612
Shares Outstanding 46.10 46.10 NA NA NA
Book Value Per Share 42.26 39.67 -0.02 -0.02 -0.02