From Nasdaq: 2024-04-12 18:15:21

Mercury General (MCY) closed at $50.90, a -0.68% change, as the S&P 500 dropped 1.46%. The stock rose by 7.99% in the past month, outperforming the Finance sector. Analysts forecast an EPS of $0.15 and revenue of $1.24 billion in the upcoming earnings report on April 30, 2024.

Mercury General’s recent analyst estimate revisions indicate positive sentiment towards the company’s performance. With a Zacks Rank of #1 (Strong Buy), the stock remains favorable. The company is trading at a premium compared to the industry, currently sporting a Forward P/E ratio of 17.67. The Insurance – Property and Casualty industry ranks in the top 15% within the Finance sector.

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Read more at Nasdaq: Mercury General (MCY) Stock Moves -0.68%: What You Should Know