Mercury General Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 54 out of 114 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 100.00.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Mercury General Corp is 4.64, ranking 100 out of 114 in the Insurance industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 1.58B, representing a year-over-year increase of 3.56%, while its net profit experienced a year-over-year increase of 21.46%.
Key Metrics
The current valuation score of Mercury General Corp is 7.63, ranking 43 out of 114 in the Insurance industry. Its current P/E ratio is 11.99, which is 148.44% below the recent high of 29.80 and 280.77% above the recent low of -21.68.
The current earnings forecast score of Mercury General Corp is 10.00, ranking 1 out of 114 in the Insurance industry. The average price target is 100.00, with a high of 100.00 and a low of 100.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Mercury General Corp is 9.68, ranking 2 out of 114 in the Insurance industry. Currently, the stock price is trading between the resistance level at 99.40 and the support level at 87.41, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Mercury General Corp is 3.00, ranking 88 out of 114 in the Insurance industry. The latest institutional shareholding proportion is 47.28%, representing a quarter-over-quarter decrease of 0.49%. The largest institutional shareholder is The Vanguard, holding a total of 3.09M shares, representing 5.58% of shares outstanding, with 10.04% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Insurance domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for Mercury General Corp. The Insurance industry's average is 7.17. The company's beta value is 0.93. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
