Free Trial

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.

Erie Indemnity (NASDAQ:ERIE) and Travelers Companies (NYSE:TRV) are both large-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, earnings, media sentiment, analyst recommendations, community ranking, valuation, profitability, dividends and risk.

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

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
Erie Indemnity$3.46B5.47$446.06M$9.2639.14
Travelers Companies$41.36B1.19$2.99B$13.4616.03

Erie Indemnity pays an annual dividend of $5.10 per share and has a dividend yield of 1.4%. Travelers Companies pays an annual dividend of $4.00 per share and has a dividend yield of 1.9%. Erie Indemnity pays out 55.1% of its earnings in the form of a dividend. Travelers Companies pays out 29.7% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

33.7% of Erie Indemnity shares are held by institutional investors. Comparatively, 82.5% of Travelers Companies shares are held by institutional investors. 45.8% of Erie Indemnity shares are held by insiders. Comparatively, 1.3% of Travelers Companies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Travelers Companies had 17 more articles in the media than Erie Indemnity. MarketBeat recorded 19 mentions for Travelers Companies and 2 mentions for Erie Indemnity. Erie Indemnity's average media sentiment score of 0.92 beat Travelers Companies' score of 0.52 indicating that Erie Indemnity is being referred to more favorably in the media.

Company Overall Sentiment
Erie Indemnity Positive
Travelers Companies Positive

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

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

Company Net Margins Return on Equity Return on Assets
Erie Indemnity14.26% 29.60% 19.88%
Travelers Companies 7.32%13.94%2.58%

Travelers Companies has a consensus price target of $222.65, suggesting a potential upside of 3.22%. Given Travelers Companies' higher probable upside, analysts clearly believe Travelers Companies is more favorable than Erie Indemnity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erie Indemnity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Travelers Companies
2 Sell rating(s)
12 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.21

Summary

Travelers Companies beats Erie Indemnity on 12 of the 20 factors compared between the two stocks.

Get Erie Indemnity News Delivered to You Automatically

Sign up to receive the latest news and ratings for ERIE and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

ERIE vs. The Competition

MetricErie IndemnityInsurance agents, brokers, & service IndustryFinance SectorNASDAQ Exchange
Market Cap$18.96B$17.22B$9.30B$7.96B
Dividend Yield1.35%2.76%10.10%4.02%
P/E Ratio39.1425.3258.1016.79
Price / Sales5.4723.51424.9879.76
Price / Cash38.5224.9516.4830.94
Price / Book10.987.763.204.59
Net Income$446.06M$912.34M$1.01B$213.63M
7 Day Performance-6.82%-0.70%0.32%0.63%
1 Month Performance-5.29%9.94%3.29%3.53%
1 Year Performance69.28%11.43%14.13%8.77%

Erie Indemnity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.639 of 5 stars
$213.33
+0.5%
$222.65
+4.4%
+22.6%$48.85B$41.36B15.8533,300
ALL
Allstate
4.3825 of 5 stars
$164.84
+0.5%
$174.59
+5.9%
+49.0%$43.50B$57.09B36.3953,400Short Interest ↑
ACGL
Arch Capital Group
3.8461 of 5 stars
$103.36
+1.4%
$100.67
-2.6%
+42.4%$38.81B$14.05B8.166,400Short Interest ↑
Analyst Revision
MKL
Markel Group
3.2114 of 5 stars
$1,618.29
+0.1%
$1,520.00
-6.1%
+21.5%$21.04B$15.80B8.7421,600Insider Selling
WRB
W. R. Berkley
4.8689 of 5 stars
$79.29
+0.6%
$90.38
+14.0%
+40.0%$20.27B$12.14B14.068,329Positive News
CINF
Cincinnati Financial
4.3569 of 5 stars
$117.68
+0.5%
$126.00
+7.1%
+17.5%$18.42B$10.01B7.835,426Analyst Revision
Positive News
FNF
Fidelity National Financial
4.9531 of 5 stars
$50.75
+1.7%
$55.80
+10.0%
+44.7%$13.87B$11.75B16.691,200Positive News
CNA
CNA Financial
2.849 of 5 stars
$44.05
+0.0%
$46.50
+5.6%
+22.3%$11.95B$13.30B9.626,300Short Interest ↑
ORI
Old Republic International
4.448 of 5 stars
$31.50
+0.6%
$34.00
+7.9%
+26.3%$8.56B$7.26B12.269,200Positive News
RLI
RLI
4.0274 of 5 stars
$145.88
+0.6%
$163.25
+11.9%
+13.7%$6.67B$1.51B20.151,099Positive News

Related Companies and Tools

This page (NASDAQ:ERIE) was last updated on 5/31/2024 by MarketBeat.com Staff

From Our Partners