Mercury General Future Growth

Future criteria checks 1/6

Mercury General is forecast to grow earnings and revenue by 10% and 8.4% per annum respectively. EPS is expected to grow by 9.9% per annum. Return on equity is forecast to be 16.4% in 3 years.

Key information

10.0%

Earnings growth rate

9.9%

EPS growth rate

Insurance earnings growth	9.1%
Revenue growth rate	8.4%
Future return on equity	16.4%
Analyst coverage	Low
Last updated	01 Aug 2024

Recent future growth updates

Recent updates

Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Jun 07

Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Mar 07

Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M

Feb 14

Mercury General GAAP EPS of -$3.80, revenue of $785.6M

Aug 02

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

May 07

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Feb 19

Mercury General: Always No, Forever No

Jan 03

With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting

Dec 31

Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64

Nov 06

Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?

Aug 31

Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63

Aug 07

Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation

May 05

Mercury General EPS beats by $0.09, misses on net premiums earned

May 04

Mercury General Corporation Is Priced For Perfection

Apr 26

Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock

Apr 05

Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?

Mar 17

Earnings and Revenue Growth Forecasts

NYSE:MCY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,208	371	N/A	N/A	1
12/31/2025	5,875	332	N/A	N/A	1
12/31/2024	5,350	254	N/A	N/A	1
6/30/2024	5,019	319	779	818	N/A
3/31/2024	4,797	215	589	627	N/A
12/31/2023	4,630	96	416	453	N/A
9/30/2023	4,407	-102	258	295	N/A
6/30/2023	4,242	-192	226	263	N/A
3/31/2023	3,944	-361	228	264	N/A
12/31/2022	3,643	-513	317	353	N/A
9/30/2022	3,541	-475	321	358	N/A
6/30/2022	3,573	-376	339	379	N/A
3/31/2022	3,806	-56	392	434	N/A
12/31/2021	3,993	248	460	502	N/A
9/30/2021	4,016	384	551	590	N/A
6/30/2021	4,082	502	625	663	N/A
3/31/2021	4,069	621	645	683	N/A
12/31/2020	3,785	375	566	606	N/A
9/30/2020	3,701	240	511	549	N/A
6/30/2020	3,689	190	475	514	N/A
3/31/2020	3,663	45	400	442	N/A
12/31/2019	3,973	320	480	520	N/A
9/30/2019	3,801	207	433	472	N/A
6/30/2019	3,709	196	429	465	N/A
3/31/2019	3,615	173	450	480	N/A
12/31/2018	3,380	-6	355	383	N/A
9/30/2018	3,421	96	364	390	N/A
6/30/2018	3,381	84	329	351	N/A
3/31/2018	3,348	75	N/A	346	N/A
12/31/2017	3,413	145	N/A	341	N/A
9/30/2017	3,293	99	N/A	354	N/A
6/30/2017	3,246	79	N/A	361	N/A
3/31/2017	3,251	77	N/A	316	N/A
12/31/2016	3,228	73	N/A	292	N/A
9/30/2016	3,276	123	N/A	255	N/A
6/30/2016	3,221	111	N/A	223	N/A
3/31/2016	3,089	72	N/A	229	N/A
12/31/2015	3,009	74	N/A	190	N/A
9/30/2015	2,945	30	N/A	196	N/A
6/30/2015	2,913	46	N/A	191	N/A
3/31/2015	2,993	131	N/A	209	N/A
12/31/2014	3,012	178	N/A	247	N/A
9/30/2014	3,000	214	N/A	240	N/A
6/30/2014	3,008	223	N/A	242	N/A
3/31/2014	2,844	118	N/A	201	N/A
12/31/2013	2,821	112	N/A	210	N/A
9/30/2013	2,792	79	N/A	204	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCY's forecast earnings growth (10% per year) is above the savings rate (2.5%).

Earnings vs Market: MCY's earnings (10% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: MCY's earnings are forecast to grow, but not significantly.

Revenue vs Market: MCY's revenue (8.4% per year) is forecast to grow slower than the US market (8.7% per year).

High Growth Revenue: MCY's revenue (8.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MCY's Return on Equity is forecast to be low in 3 years time (16.4%).

Mercury General Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 33%

Price target increased by 23% to US$80.00

Consensus EPS estimates increase by 19%

Price target increased by 22% to US$55.00

Consensus EPS estimates have been downgraded.

Price target decreased by 9.1% to US$40.00

Recent updates

Consensus EPS estimates increase by 33%

Price target increased by 23% to US$80.00

Second quarter dividend of US$0.32 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Mercury General Corporation Declares Quarterly Dividend, Payable on September 26, 2024

Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Upcoming dividend of US$0.32 per share

Consensus EPS estimates increase by 19%

First quarter dividend of US$0.32 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Mercury General Corporation Declares Quarterly Dividend, Payable on June 27, 2024

Mercury General Corporation to Report Q1, 2024 Results on Apr 30, 2024

Mercury Insurance Offers New Coverages in New Jersey

Mercury General Corporation, Annual General Meeting, May 08, 2024

Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Upcoming dividend of US$0.32 per share

Investor sentiment improves as stock rises 26%

Fourth quarter dividend of US$0.32 announced

Price target increased by 22% to US$55.00

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Mercury General Corporation Declares Quarterly Dividend, Payable on March 27, 2024

Mercury Insurance Appoints Simon Zhang as Chief Data and Analytics Officer

Mercury General Corporation to Report Q4, 2023 Results on Feb 13, 2024

Investors Holding Back On Mercury General Corporation (NYSE:MCY)

Mercury General Corporation Promotes Victor Joseph as President, Chief Operating Officer and to the Board of Directors, Effective January 1, 2024

Upcoming dividend of US$0.32 per share at 3.2% yield

Mercury General: From A Pariah To A Potential Candidate For Recovery

Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Mercury General Corporation Declares Quarterly Dividend, Payable on December 28, 2023

Mercury General Corporation to Report Q3, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.32 per share at 4.6% yield

Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175

Mercury General: Struggling Against Ongoing Headwinds

Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Mercury General Corporation Announces Declares Quarterly Dividend, Payable on September 28, 2023

Mercury General Corporation to Report Q2, 2023 Results on Aug 01, 2023

Mercury Insurance Offers New Coverages and Discounts in Nevada

Mercury Insurance Introduces New 'AgentCenter' Point of Sale Software for Agents in California

Upcoming dividend of US$0.32 per share at 4.2% yield

Consensus EPS estimates have been downgraded.

Price target decreased by 9.1% to US$40.00

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.32 per share at 3.9% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Mercury General Corporation Declares Quarterly Dividend, Payable on March 29, 2023

Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M

Mercury General Corporation to Report Q4, 2022 Results on Feb 14, 2023

Upcoming dividend of US$0.32 per share

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Mercury General Corporation Declares Quarterly Dividend, Payable on December 29, 2022

Mercury General Corporation to Report Q3, 2022 Results on Nov 01, 2022

Mercury General Corporation(NYSE:MCY) dropped from S&P Insurance Select Industry Index

Upcoming dividend of US$0.32 per share

Second quarter 2022 earnings: EPS misses analyst expectations

Mercury General Corporation Declares Quarterly Dividend, Payable on September 29, 2022

Mercury General GAAP EPS of -$3.80, revenue of $785.6M

Mercury General Corporation to Report Q2, 2022 Results on Aug 02, 2022

Mercury Insurance Launches MercuryGo for Virginia Drivers

Mercury General Corporation(NYSE:MCY) dropped from Russell 1000 Value-Defensive Index

Upcoming dividend of US$0.64 per share

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Mercury General Corporation Declares Quarterly Dividend, Payable on June 30, 2022

Insufficient new directors

Mercury General Corporation to Report Q1, 2022 Results on May 03, 2022

Mercury General Corporation to Report Q1, 2022 Results on May 03, 2022