ERIE vs. BRO, WTW, RYAN, EQH, AJG, AON, SBAC, ARE, WRB, and EG
Should you be buying Erie Indemnity stock or one of its competitors? The main competitors of Erie Indemnity include Brown & Brown (BRO), Willis Towers Watson Public (WTW), Ryan Specialty (RYAN), Equitable (EQH), Arthur J. Gallagher & Co. (AJG), AON (AON), SBA Communications (SBAC), Alexandria Real Estate Equities (ARE), W. R. Berkley (WRB), and Everest Group (EG). These companies are all part of the "finance" sector.
Brown & Brown (NYSE:BRO) and Erie Indemnity (NASDAQ:ERIE) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, institutional ownership, earnings, profitability, risk, analyst recommendations and dividends.
Brown & Brown has higher revenue and earnings than Erie Indemnity. Brown & Brown is trading at a lower price-to-earnings ratio than Erie Indemnity, indicating that it is currently the more affordable of the two stocks.
Brown & Brown pays an annual dividend of $0.52 per share and has a dividend yield of 0.6%. Erie Indemnity pays an annual dividend of $5.10 per share and has a dividend yield of 1.3%. Brown & Brown pays out 16.0% 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. Brown & Brown has increased its dividend for 30 consecutive years and Erie Indemnity has increased its dividend for 35 consecutive years. Erie Indemnity is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Brown & Brown has a net margin of 21.09% compared to Brown & Brown's net margin of 14.26%. Brown & Brown's return on equity of 29.60% beat Erie Indemnity's return on equity.
71.0% of Brown & Brown shares are owned by institutional investors. Comparatively, 33.7% of Erie Indemnity shares are owned by institutional investors. 16.4% of Brown & Brown 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 stock will outperform the market over the long term.
Brown & Brown currently has a consensus price target of $87.30, indicating a potential upside of 2.19%. Given Erie Indemnity's higher possible upside, analysts plainly believe Brown & Brown is more favorable than Erie Indemnity.
Brown & Brown has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, Erie Indemnity has a beta of 0.43, suggesting that its share price is 57% less volatile than the S&P 500.
In the previous week, Brown & Brown had 91 more articles in the media than Erie Indemnity. MarketBeat recorded 92 mentions for Brown & Brown and 1 mentions for Erie Indemnity. Brown & Brown's average media sentiment score of 1.79 beat Erie Indemnity's score of 0.13 indicating that Erie Indemnity is being referred to more favorably in the news media.
Brown & Brown received 162 more outperform votes than Erie Indemnity when rated by MarketBeat users. However, 63.59% of users gave Erie Indemnity an outperform vote while only 55.05% of users gave Brown & Brown an outperform vote.
Summary
Brown & Brown and Erie Indemnity tied by winning 10 of the 20 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.
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.
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