Erie Indemnity (ERIE) Competitors

$404.50
-0.94 (-0.23%)
(As of 05/8/2024 ET)

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.

Erie Indemnity vs.

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Brown & Brown$4.33B5.59$870.50M$3.2526.10
Erie Indemnity$3.27B6.47$446.06M$9.2643.68

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 54.98% of users gave Brown & Brown an outperform vote.

CompanyUnderperformOutperform
Brown & BrownOutperform Votes
403
54.98%
Underperform Votes
330
45.02%
Erie IndemnityOutperform Votes
241
63.59%
Underperform Votes
138
36.41%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Brown & Brown
15 Very Positive mention(s)
15 Positive mention(s)
40 Neutral mention(s)
10 Negative mention(s)
11 Very Negative mention(s)
Neutral
Erie Indemnity
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

71.0% of Brown & Brown shares are held by institutional investors. Comparatively, 33.7% of Erie Indemnity shares are held by institutional investors. 16.4% of Brown & Brown shares are held by company insiders. Comparatively, 45.8% of Erie Indemnity shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Brown & Brown has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500. Comparatively, Erie Indemnity has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500.

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 raised its dividend for 30 consecutive years and Erie Indemnity has raised 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.

Company Net Margins Return on Equity Return on Assets
Brown & Brown21.09% 16.43% 6.15%
Erie Indemnity 14.26%29.60%19.88%

Brown & Brown currently has a consensus price target of $87.30, suggesting a potential upside of 2.94%. Given Erie Indemnity's higher probable upside, equities analysts plainly believe Brown & Brown is more favorable than Erie Indemnity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Brown & Brown
2 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.30
Erie Indemnity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

Brown & Brown and Erie Indemnity tied by winning 10 of the 20 factors compared between the two stocks.

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.
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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.
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ERIE vs. The Competition

MetricErie IndemnityInsurance agents, brokers, & service IndustryFinance SectorNASDAQ Exchange
Market Cap$21.16B$17.04B$8.97B$7.77B
Dividend Yield1.31%2.44%10.42%3.96%
P/E Ratio43.6825.0057.2319.45
Price / Sales6.4727.893,413.5679.88
Price / Cash40.8225.4527.6928.62
Price / Book12.7210.322.434.39
Net Income$446.06M$953.69M$995.87M$217.65M
7 Day Performance5.08%5.07%1.07%1.04%
1 Month Performance3.15%-2.80%-0.24%-2.66%
1 Year Performance75.61%7.12%17.53%9.46%

Erie Indemnity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BRO
Brown & Brown
4.6279 of 5 stars
$81.54
flat
$87.10
+6.8%
+29.0%$23.26B$4.26B25.099,705Analyst Downgrade
WTW
Willis Towers Watson Public
4.1521 of 5 stars
$251.14
-0.5%
$293.21
+16.8%
+10.4%$25.68B$9.48B25.1948,000Analyst Forecast
RYAN
Ryan Specialty
2.1572 of 5 stars
$49.33
+0.5%
$54.25
+10.0%
+20.6%$12.84B$2.08B96.734,350Earnings Report
Dividend Announcement
Analyst Downgrade
Analyst Revision
EQH
Equitable
4.1052 of 5 stars
$36.92
-1.5%
$39.67
+7.4%
+67.3%$12.10B$10.53B10.928,500Analyst Forecast
AJG
Arthur J. Gallagher & Co.
4.7096 of 5 stars
$234.71
+0.5%
$255.31
+8.8%
+13.8%$51.24B$10.07B47.5152,000Positive News
AON
AON
4.8045 of 5 stars
$282.01
+0.6%
$329.69
+16.9%
-14.7%$55.98B$13.38B22.1050,000Insider Buying
High Trading Volume
SBAC
SBA Communications
4.9983 of 5 stars
$186.12
-7.8%
$268.00
+44.0%
-15.4%$20.12B$2.71B40.371,787Gap Down
High Trading Volume
ARE
Alexandria Real Estate Equities
4.6288 of 5 stars
$115.84
-2.8%
$136.75
+18.1%
-3.5%$20.26B$2.89B108.26568
WRB
W. R. Berkley
4.8408 of 5 stars
$76.97
-0.5%
$90.63
+17.7%
+33.8%$19.75B$12.14B13.658,329
EG
Everest Group
3.8821 of 5 stars
$366.41
-0.7%
$432.11
+17.9%
N/A$19.51B$14.59B6.132,844Positive News

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This page (NASDAQ:ERIE) was last updated on 5/9/2024 by MarketBeat.com Staff

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