Erie Indemnity (ERIE)
NASDAQFinancialsInsurance BrokersSnapshot 2026-07-08
$251.36-1.95%
Close 2026-07-08 · 1-day change
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Track ERIE free→Warn: Management is running behind on a stated commitment.
Erie Indemnity grows operating income about 10% year over year. It keeps profit margins stable and pays steady dividends near $1.46 per share quarterly. The company has a strong insurance broker position and a history of managing costs well.
Earnings have missed estimates recently and cash from operations dropped sharply to $91.9 million in Q1. CEO and CFO retirements add uncertainty. If operating income growth stalls or cash flow weakens further, the business could struggle to sustain profits.
The stock price is about 24% above our valuation level, reflecting roughly 7% revenue growth expected by analysts. Our view is cautious due to recent earnings misses and soft guidance, which may not justify the current premium.
Breaks if: Cash from operations remains below $200 million over the next year
Improve cash flow from operations to support business activities and growth.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 3 of last 3 quarters. Cash from operations decreased from $219.4 million in 2025-Q3 to $91.9 million in 2026-Q1, indicating limited progress in enhancing cash flow. The company needs to address this decline to meet its operational cash flow enhancement goal.
“Cash from operating activities was $91.9 million.”
“Cash from operating activities was $171.6 million.”
“Cash from operating activities was $219.4 million.”
Breaks if: Dividend per share falls below $1.46 quarterly
Breaks if: Operating income growth falls below 10% YoY over the next year
Focus on enhancing operating income through improved revenue and cost management.
Stated in 3 of last 3 quarters. Operating income increased from $151.4 million in 2025-Q1 to $166.8 million in 2026-Q1, reflecting a 10.2% growth. The trajectory shows delivering on the priority of enhancing operating income.
“Operating income before taxes increased $15.4 million, or 10.2 percent.”
“Operating income was $157.7 million compared to $167.3 million in 2024-Q4.”
“Operating income was $208.9 million.”