Erie Indemnity Company Stock Price and Value Analysis

Should you buy Erie Indemnity Company stock? (NasdaqGS:ERIE). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantages
  • This company has an average dividend yield.
  • This company has stable growth.
  • This stock looks overpriced.
  • This company is less known than others.
  • This company is making money at a modest rate.

Inside the ERIE Numbers

ERIE Price
(Erie Indemnity Company stock price per share)
$271.84
[?] ERIE Fair Price
(based on intrinsic value)
$52.77
[?] ERIE Safety Price (based on a variable margin of safety) $31.66
[?] PE Ratio versus Sector 248% higher than other Financial stocks
[?] PE Ratio versus Industry 124% higher than other Insurance Brokers stocks
[?] Cash Yield 1.53%
[?] Free Cash Flow Jitter 16%
[?] Dividend Yield 2%
Shares Shorted 656,447

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 656,447 shares shorted. With 25,116,392 shares available for purchase and an average trading volume over the past 10 trading days of 144,640, it would take at least 4.538 days for all of the short holders to cover their shorts.

Is Erie Indemnity Company Stock on Sale?

We believe that Erie Indemnity Company may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Erie Indemnity Company looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy ERIE Stock?

Does Erie Indemnity Company have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.