Mercury General Corporation (MCY)
NYSE: MCY · IEX Real-Time Price · USD
58.20
+0.24 (0.41%)
May 17, 2024, 4:00 PM EDT - Market closed

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 -43.30% from the current stock price of 58.20.

Analyst Consensus: Buy
Target Low Average Median High
Price $33 $33 $33 $33
Change -43.30% -43.30% -43.30% -43.30%
* 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 Mar '23Apr '23May '23Jun '23Jul '23
Strong Buy 11110
Buy 00001
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Buy
Downgrades
$40$33
Buy Downgrades $40$33 -43.30% Jul 7, 2023
Raymond James
Raymond James
Strong Buy
Maintains
$45$40
Strong Buy Maintains $45$40 -31.27% May 8, 2023
Raymond James
Raymond James
Strong Buy
Upgrades
$45
Strong Buy Upgrades $45 -22.68% Nov 4, 2022
Raymond James
Raymond James
Sell
Downgrades
n/a
Sell Downgrades n/a n/a Apr 3, 2020
More Analyst Ratings

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%
Year 2019202020212022202320242025
Revenue
3.97B3.78B3.99B3.64B4.63B5.32B5.90B
Revenue Growth
17.53%-4.73%5.52%-8.77%27.08%14.93%10.96%
EPS
5.786.774.48-9.261.743.484.75
EPS Growth
-17.13%-33.83%--100.26%36.23%
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 5.5B 6.1B
Avg 5.3B 5.9B
Low 5.2B 5.7B

Revenue Growth

Revenue Growth 20242025
High
19.5%
15.4%
Avg
14.9%
11.0%
Low
11.5%
7.7%

EPS Forecast

EPS 20242025
High 4.20 5.78
Avg 3.48 4.75
Low 2.84 3.82

EPS Growth

EPS Growth 20242025
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.