Erie Indemnity Stock Tanks 40% – Is This Insurance Play Now a Bargain?
Erie Indemnity shares have dropped about 40% over the past year and are down 15% in 2025, despite Q2 net income rising 6.7% to $174.7 million on higher management fees and investment income. EPS missed forecasts as costs climbed. Analysts set 12-month price targets near $350–385, with a Moderate Buy consensus. ERIE reports Q3 results Oct. 30.