Erie Indemnity stock keeps a 20.03 P/ E after Zacks Buy upgrade

Published on 10/04/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erie Indemnity stock was last at USD 221.09 on October 2, 2026, with a 20.03 P/E. Q2 EPS reached USD 3.45 against USD 3.35 consensus and revenue was USD 1.09 billion.

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Erie Indemnity stock (ISIN US29530P1021) was last at USD 221.09 on Nasdaq on October 2, 2026, down USD 1.02 or 0.46 percent from the prior close. The stock carries a 20.03 P/E, while Zacks upgraded the company to Rank #2 Buy on September 14, 2026.

Q2 earnings beat consensus

Erie Indemnity reported Q2 2026 diluted EPS of USD 3.45, above the USD 3.35 consensus estimate, while revenue reached USD 1.09 billion. MarketBeat identifies July 30, 2026 as the earnings date and records the USD 0.10 EPS beat.

The Q2 net income figure was USD 180.294 million and the net profit margin was 17 percent for the quarter ended June 30, 2026. The company generated USD 214.922 million in operating cash flow during the same period, giving the earnings beat a cash-flow counterpart.

Estimates point to slower growth

Yahoo Finance lists one analyst for the September 2026 quarter, with a GAAP normalized EPS estimate of USD 3.41 and revenue estimate of USD 1.09 billion. The EPS estimate is USD 0.08 below the Q2 actual, while the revenue estimate matches the Q2 result.

The same estimate table places fiscal-year 2026 revenue at USD 4.17 billion, compared with USD 4.07 billion for fiscal year 2025, a 2.46 percent increase. That forecast implies a more moderate growth profile than the latest quarterly EPS beat, making operating efficiency and fee growth important for the next report.

Hold consensus meets Buy upgrade

MarketBeat shows a Hold consensus based on one research report in the past 90 days, with two Hold ratings and no Buy or Sell ratings in its displayed breakdown. The platform lists no consensus price target.

The valuation gap is visible in the numbers: Erie Indemnity's 20.03 P/E is below the 44.66 market average cited by MarketBeat, but above the 12.55 fiscal-year 2026 EPS estimate used by Zacks only as an earnings forecast. The stock therefore combines a profitable recent quarter with a valuation that still depends on continued earnings delivery.

Stock price and dividend date

Erie Indemnity closed at USD 221.09 on Nasdaq on October 2, 2026, down 0.46 percent from USD 222.11. Its same-date 52-week range was USD 204.63 to USD 330.54, and market capitalization was USD 10.2 billion on October 2, 2026.