Do Wall Street Analysts Like Erie Indemnity Stock?

Erie Indemnity Company (ERIE), headquartered in Erie, Pennsylvania, operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange. Valued at $11.7 billion by market cap, the company is also involved in the property and casualty insurance business through its management of Flagship City Insurance Company. It sells auto, home, life, and business insurance.

Shares of insurance company have notably underperformed the broader market over the past year. ERIE has declined 29.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.3%. In 2026, ERIE stock is down 12%, compared to the SPX’s 13.3% rise on a YTD basis.