FY2026 EPS Estimate for Mercury General Increased by Analyst

Key Points

• FY2026 EPS estimate raised: DOWLING & PARTN increased its forecast for Mercury General to $12.00 per share from $11.25, above the $11.50 consensus estimate.
• Strong quarterly results: Mercury General reported quarterly EPS of $3.52, beating expectations of $2.53, while revenue reached $1.68 billion versus the $1.52 billion estimate.
• Positive investor profile: Analysts maintain a consensus “Buy” rating with a $100 target price, while the company declared a quarterly dividend of $0.3175 per share, yielding about 1.2% annually.

Mercury General Corporation (NYSE:MCY - Free Report) - Analysts at DOWLING & PARTN increased their FY2026 earnings per share estimates for Mercury General in a note issued to investors on Friday, August 7th. DOWLING & PARTN analyst D. Lukpanov now anticipates that the insurance provider will post earnings of $12.00 per share for the year, up from their previous estimate of $11.25. The consensus estimate for Mercury General's current full-year earnings is $11.50 per share.

A number of other research analysts have also recently commented on MCY. Zacks Research cut Mercury General from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 17th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Mercury General in a research report on Thursday, June 4th. Finally, Wall Street Zen upgraded shares of Mercury General from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 4th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Mercury General has a consensus rating of "Buy" and a consensus target price of $100.00.

Mercury General Stock Performance

NYSE:MCY opened at $106.55 on Tuesday. The stock has a fifty day moving average price of $105.59 and a 200-day moving average price of $97.18. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 6.30 and a beta of 0.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.47 and a current ratio of 0.47. Mercury General has a fifty-two week low of $70.52 and a fifty-two week high of $113.06.

Mercury General (NYSE:MCY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The insurance provider reported $3.52 EPS for the quarter, topping analysts' consensus estimates of $2.53 by $0.99. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.52 billion. Mercury General had a return on equity of 31.98% and a net margin of 14.77%.

Hedge Funds Weigh In On Mercury General

Large investors have recently modified their holdings of the business. Financial Management Professionals Inc. bought a new stake in shares of Mercury General in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Mercury General during the 4th quarter valued at about $38,000. Mcguire Capital Advisors Inc. bought a new position in shares of Mercury General during the 4th quarter worth approximately $40,000. IFP Advisors Inc lifted its position in shares of Mercury General by 79.4% during the 4th quarter. IFP Advisors Inc now owns 506 shares of the insurance provider's stock valued at $48,000 after acquiring an additional 224 shares during the period. Finally, State of Wyoming acquired a new position in shares of Mercury General during the second quarter valued at about $78,000. Institutional investors own 42.39% of the company's stock.

Mercury General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.3175 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 10th. Mercury General's payout ratio is 7.51%.

Mercury General Company Profile

Mercury General Corporation is a holding company headquartered in Los Angeles, California, that underwrites and markets property and casualty insurance products through its principal subsidiary, Mercury Insurance Company. Established in 1961, the company has built a reputation for offering a broad range of personal and commercial lines, with a focus on automobile coverage. Mercury General operates in key U.S. markets, deploying a mix of independent agents and direct distribution channels to serve policyholders.

The company's product portfolio includes personal automobile insurance, homeowners and renters policies, as well as commercial automobile, business liability and umbrella insurance.

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