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Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It operates through four segments: Management Operations, Property and Casualty Insurance Operations, Life Insurance Operations, and Investment Operations.View ERIE key stats
Erie Indemnity Co - ERIE - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Erie Indemnity Co as a
Buy with a ratings score of B.
Report Snippet: We rate ERIE INDEMNITY CO (ERIE) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.