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Mercury General - MCY Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $33.00
  • Forecasted Upside: -36.55%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$52.01 As of 04/15/2024 01:00 AM ET
▲ +1.11 (2.18%)

This chart shows the closing price for MCY by one month, three months, or twelve months.

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Analyst Price Target for MCY

Analyst Price Target is $33.00
▼ -36.55% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Mercury General in the last 3 months. The average price target is $33.00, with a high forecast of $33.00 and a low forecast of $33.00. The average price target represents a -36.55% upside from the last price of $52.01.

This chart shows the closing price for MCY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in Mercury General. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/23/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/20/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/18/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/16/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/16/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/15/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/7/2023Raymond JamesDowngradeStrong-Buy ➝ Outperform$40.00 ➝ $33.00Low
5/8/2023Raymond JamesLower Target$45.00 ➝ $40.00Low
11/4/2022Raymond JamesUpgradeUnderperform ➝ Strong-Buy$45.00Low
2/22/2021Raymond JamesReiterated RatingSellHigh
4/3/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
10/28/2019Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$50.00Low
(Data available from 4/16/2019 forward)

News Sentiment Rating

0.31 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
9/18/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/18/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/17/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/17/2023
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/16/2024
  • 7 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/15/2024
  • 14 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/16/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/15/2024

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Mercury General logo
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.
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Today's Range

Now: $52.01
Low: $51.17
High: $52.26

50 Day Range

MA: $48.29
Low: $38.68
High: $52.85

52 Week Range

Now: $52.01
Low: $26.15
High: $53.54

Volume

177,635 shs

Average Volume

197,683 shs

Market Capitalization

$2.88 billion

P/E Ratio

29.89

Dividend Yield

2.50%

Beta

0.8

Frequently Asked Questions

What sell-side analysts currently cover shares of Mercury General?

The following sell-side analysts have issued stock ratings on Mercury General in the last twelve months: Raymond James, and StockNews.com.
View the latest analyst ratings for MCY.

What is the current price target for Mercury General?

1 Wall Street analysts have set twelve-month price targets for Mercury General in the last year. Their average twelve-month price target is $33.00, suggesting a possible downside of 36.6%. Raymond James has the highest price target set, predicting MCY will reach $33.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $33.00 for Mercury General in the next year.
View the latest price targets for MCY.

What is the current consensus analyst rating for Mercury General?

Mercury General currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MCY will outperform the market and that investors should add to their positions of Mercury General.
View the latest ratings for MCY.

What other companies compete with Mercury General?

Other companies that are similar to Mercury General include White Mountains Insurance Group, HCI Group, Safety Insurance Group, Employers and The Hanover Insurance Group. Learn More about companies similar to Mercury General.

How do I contact Mercury General's investor relations team?

Mercury General's physical mailing address is 4484 WILSHIRE BOULEVARD, LOS ANGELES CA, 90010. The insurance provider's listed phone number is (323) 937-1060. The official website for Mercury General is www.mercuryinsurance.com. Learn More about contacing Mercury General investor relations.