Mercury General Corporation (MCY)
NYSE: MCY · IEX Real-Time Price · USD
51.60
-0.24 (-0.46%)
At close: Mar 28, 2024, 4:00 PM
53.38
+1.78 (3.45%)
After-hours: Mar 28, 2024, 7:59 PM EDT
Mercury General Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Mercury General stock has a target of 33, which predicts a decrease of -36.05% from the current stock price of 51.60.
Analyst Consensus: Buy
* Price targets were last updated on Jul 7, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for MCY is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Raymond James | Raymond James | Strong Buy → Buy Downgrades $40 → $33 | Strong Buy → Buy | Downgrades | $40 → $33 | -36.05% | Jul 7, 2023 |
Raymond James | Raymond James | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | -22.48% | May 8, 2023 |
Raymond James | Raymond James | Sell → Strong Buy Upgrades $45 | Sell → Strong Buy | Upgrades | $45 | -12.79% | Nov 4, 2022 |
Raymond James | Raymond James | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Apr 3, 2020 |
Financial Forecast
Revenue This Year
5.32B
from 4.63B
Increased by 14.93%
Revenue Next Year
5.90B
from 5.32B
Increased by 10.96%
EPS This Year
3.48
from 1.74
Increased by 100.26%
EPS Next Year
4.75
from 3.48
Increased by 36.23%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 5.5B | 6.1B |
Avg | 5.3B | 5.9B |
Low | 5.2B | 5.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 19.5% | 15.4% |
Avg | 14.9% | 11.0% |
Low | 11.5% | 7.7% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 4.20 | 5.78 |
Avg | 3.48 | 4.75 |
Low | 2.84 | 3.82 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 141.4% | 65.7% |
Avg | 100.3% | 36.2% |
Low | 63.3% | 9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.