Erie Indemnity Stock Last Dividend Paid
ERIE Stock | USD 431.30 2.80 0.65% |
Erie Indemnity fundamentals help investors to digest information that contributes to Erie Indemnity's financial success or failures. It also enables traders to predict the movement of Erie Stock. The fundamental analysis module provides a way to measure Erie Indemnity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Erie Indemnity stock.
Erie | Last Dividend Paid |
Erie Indemnity Company Last Dividend Paid Analysis
Erie Indemnity's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Current Erie Indemnity Last Dividend Paid | 5.1 |
Most of Erie Indemnity's fundamental indicators, such as Last Dividend Paid, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erie Indemnity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Erie Last Dividend Paid Driver Correlations
Understanding the fundamental principles of building solid financial models for Erie Indemnity is extremely important. It helps to project a fair market value of Erie Stock properly, considering its historical fundamentals such as Last Dividend Paid. Since Erie Indemnity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Erie Indemnity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Erie Indemnity's interrelated accounts and indicators.
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Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Competition |
Based on the recorded statements, Erie Indemnity has a Last Dividend Paid of 5.1. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The last dividend paid for all United States stocks is notably lower than that of the firm.
Erie Last Dividend Paid Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erie Indemnity's direct or indirect competition against its Last Dividend Paid to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Erie Indemnity could also be used in its relative valuation, which is a method of valuing Erie Indemnity by comparing valuation metrics of similar companies.Erie Indemnity is currently under evaluation in last dividend paid category among its peers.
Erie Indemnity ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Erie Indemnity's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Erie Indemnity's managers, analysts, and investors.Environmental | Governance | Social |
Erie Fundamentals
Return On Equity | 0.31 | ||||
Return On Asset | 0.16 | ||||
Profit Margin | 0.15 % | ||||
Operating Margin | 0.18 % | ||||
Current Valuation | 22.26 B | ||||
Shares Outstanding | 46.19 M | ||||
Shares Owned By Insiders | 45.51 % | ||||
Shares Owned By Institutions | 36.94 % | ||||
Number Of Shares Shorted | 799.75 K | ||||
Price To Earning | 46.37 X | ||||
Price To Book | 11.50 X | ||||
Price To Sales | 6.07 X | ||||
Revenue | 3.27 B | ||||
Gross Profit | 376.21 M | ||||
EBITDA | 568.01 M | ||||
Net Income | 446.06 M | ||||
Cash And Equivalents | 147.47 M | ||||
Cash Per Share | 2.82 X | ||||
Total Debt | 112.25 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 1.17 X | ||||
Book Value Per Share | 37.25 X | ||||
Cash Flow From Operations | 381.2 M | ||||
Short Ratio | 5.66 X | ||||
Earnings Per Share | 10.67 X | ||||
Price To Earnings To Growth | 3.05 X | ||||
Target Price | 115.0 | ||||
Number Of Employees | 6.48 K | ||||
Beta | 0.45 | ||||
Market Capitalization | 22.41 B | ||||
Total Asset | 2.47 B | ||||
Retained Earnings | 2.8 B | ||||
Working Capital | 189.45 M | ||||
Current Asset | 635.15 M | ||||
Current Liabilities | 445.7 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 2.18 % | ||||
Net Asset | 2.47 B | ||||
Last Dividend Paid | 5.1 |
About Erie Indemnity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erie Indemnity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erie Indemnity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erie Indemnity based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:Check out Erie Indemnity Piotroski F Score and Erie Indemnity Altman Z Score analysis. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.22 | Dividend Share 5.1 | Earnings Share 10.67 | Revenue Per Share 79.861 | Quarterly Revenue Growth 0.164 |
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.