Erie Indemnity Stock Forecast for 2023 - 2025 - 2030

Updated on 03/28/2024

Stock Rating
16
Price Target
$130.74
Consensus
Outperform
Downside
-67.54%
Analysts
1
Stock Rating
16
Downside
-67.54%
Analysts
1
Price Target
$130.74

Erie Indemnity Stock Forecast and Price Target

According to experts, who recently provided their 2024 price targets for Erie Indemnity, the average price target is $130.74, with a high estimate of $146.42 and a low estimate of $116.35. That is a potential downside of approximately -67.54% from the last closing price of $402.73 on March, 2024. If you are looking to invest in the stock, it's important to research and compare different companies.

$130.74

-67.54% Downside

Buy
Buy

Erie Indemnity Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Erie Indemnity's Price has decreased by 100.00%, going from $198.60 to $0.00. In the next year, analysts are expecting an increase in Fair Value, predicting it will reach $261.47 – an increase of 100.00%. The Erie Indemnity forecast is for Fair Value to reach $337.09 or grow by 100.00%.

2024 Fair Value Forecast
$261.47
2025 Fair Value Forecast
$404.71
2026 Fair Value Forecast
$356.97
2027 Fair Value Forecast
$211.78
2028 Fair Value Forecast
$244.63
2029 Fair Value Forecast
$300.49
2030 Fair Value Forecast
$337.09
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CINF Stock Forecast Cincinnati Financial Corp Hold 17
$117.38 Buy/Sell $119.86 6.49%
SIGI Stock Forecast Selective Insurance Group Hold 18
$104.70 Buy/Sell $107.14 0.29%
THG Stock Forecast The Hanover Insurance Group Outperform 18
$130.53 Buy/Sell $133.00 14.92%
MCY Stock Forecast Mercury General Outperform 18
$47.54 Buy/Sell $45.00 15.69%
HMN Stock Forecast Horace Mann Educators Hold 16
$34.89 Buy/Sell $33.50 17.51%

Erie Indemnity Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Erie Indemnity's Revenue has increased by 28.88%, going from $2.54B to $3.27B. 1 analysts predict Erie Indemnity's Revenue will decrease by 4.13% in the next year, reaching $3.13B. By 2030, professionals predict that Erie Indemnity's Revenue will decrease by 8.10%, to $3.00B.

2024 Rev Forecast
$3.13B
2025 Rev Forecast
$2.97B
2026 Rev Forecast
$2.93B
2027 Rev Forecast
$3.04B
2028 Rev Forecast
$3.07B
2029 Rev Forecast
$3.04B
2030 Rev Forecast
$3.00B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SAFT Stock Forecast Safety Insurance Group - 18
$78.96 Buy/Sell $70.00 -100.00%
UFCS Stock Forecast United Fire Group Underperform 15
$22.57 Buy/Sell $18.00 -6.96%
DGIC.A Stock Forecast Donegal Group Hold 18
$13.56 Buy/Sell $14.00 3.24%

Erie Indemnity Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Erie Indemnity's Dividend per Share has grown, increasing from $3.93 to $4.52 – an increase of 15.01%. For next year, the 1 analysts predict Dividend per Share of $5.48, which would mean an increase of 21.24%. Over the next seven years, the pros' prediction is Dividend per Shareof $5.21, which would mean a seven-year growth forecast of 15.37%.

2024 DPS Forecast
$5.48
2025 DPS Forecast
$5.58
2026 DPS Forecast
$5.10
2027 DPS Forecast
$4.93
2028 DPS Forecast
$5.11
2029 DPS Forecast
$5.27
2030 DPS Forecast
$5.21

Erie Indemnity Free Cash Flow Forecast for 2023 - 2025 - 2030

Erie Indemnity EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Erie Indemnity's EBITDA has grown, increasing from $359.35M to $567.67M – a growth of 57.97%. The next year, 0 experts forecast that Erie Indemnity's EBITDA will decrease by 13.41%, reaching $491.53M. In 2030, professionals predict that Erie Indemnity's EBITDA will decrease by 17.82%, reaching $466.50M.

2024 EBITDA Forecast
$0.49B
2025 EBITDA Forecast
$0.45B
2026 EBITDA Forecast
$0.45B
2027 EBITDA Forecast
$0.49B
2028 EBITDA Forecast
$0.49B
2029 EBITDA Forecast
$0.48B
2030 EBITDA Forecast
$0.47B

Erie Indemnity EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Erie Indemnity's EBIT has grown by 53.85%, from $338.16M to $520.26M. According to the 0 analysts polled, in the next year, Erie Indemnity's EBIT will fall by 12.23%, reaching $456.63M. By 2030, professionals believe that Erie Indemnity's EBIT will have decreased by 17.89%, falling to $427.17M.

2024 EBIT Forecast
$0.46B
2025 EBIT Forecast
$0.41B
2026 EBIT Forecast
$0.41B
2027 EBIT Forecast
$0.44B
2028 EBIT Forecast
$0.45B
2029 EBIT Forecast
$0.44B
2030 EBIT Forecast
$0.43B

Erie Indemnity EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Erie Indemnity's EPS has decreased by 100.00%, going from $5.56 to $0.00. In the next year, analysts are expecting an increase in EPS, predicting it will reach $7.32 – an increase of 100.00%. The Erie Indemnity forecast is for EPS to reach $9.44 or grow by 100.00%.

2024 EPS Forecast
$7.32
2025 EPS Forecast
$11.33
2026 EPS Forecast
$9.99
2027 EPS Forecast
$5.93
2028 EPS Forecast
$6.85
2029 EPS Forecast
$8.41
2030 EPS Forecast
$9.44