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Mercury General Stock Price, Forecast & Analysis (NYSE:MCY)

$48.78
-0.55 (-1.11 %)
(As of 11/19/2019 01:57 PM ET)
Today's Range
$48.77
Now: $48.78
$49.62
50-Day Range
$47.36
MA: $51.82
$55.97
52-Week Range
$46.69
Now: $48.78
$65.22
Volume4,452 shs
Average Volume210,057 shs
Market Capitalization$2.70 billion
P/E Ratio27.10
Dividend Yield5.09%
Beta0.21
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, fire, and umbrella insurance. Its automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products cover dwelling, liability, personal property, fire, and other hazards. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP58940010
Phone323-937-1060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Cash Flow$2.84 per share
Book Value$29.23 per share

Profitability

Net Income$-5,720,000.00

Miscellaneous

Employees4,400
Market Cap$2.70 billion
Next Earnings Date2/10/2020 (Estimated)
OptionableOptionable

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Mercury General (NYSE:MCY) Frequently Asked Questions

What is Mercury General's stock symbol?

Mercury General trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCY."

How often does Mercury General pay dividends? What is the dividend yield for Mercury General?

Mercury General declared a quarterly dividend on Monday, October 28th. Investors of record on Thursday, December 12th will be paid a dividend of $0.63 per share on Thursday, December 26th. This represents a $2.52 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Wednesday, December 11th. This is a boost from Mercury General's previous quarterly dividend of $0.63. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) announced its quarterly earnings data on Monday, October, 28th. The insurance provider reported $0.78 EPS for the quarter, missing the Zacks' consensus estimate of $1.00 by $0.22. The insurance provider earned $983.10 million during the quarter, compared to analysts' expectations of $968.71 million. Mercury General had a return on equity of 6.81% and a net margin of 5.43%. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $1.11 earnings per share. View Mercury General's Earnings History.

When is Mercury General's next earnings date?

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Mercury General.

What price target have analysts set for MCY?

1 brokers have issued 1-year price objectives for Mercury General's shares. Their forecasts range from $50.00 to $50.00. On average, they expect Mercury General's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Mercury General.

What is the consensus analysts' recommendation for Mercury General?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercury General in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mercury General.

Has Mercury General been receiving favorable news coverage?

News articles about MCY stock have been trending somewhat positive on Tuesday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Mercury General earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Mercury General.

Are investors shorting Mercury General?

Mercury General saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 522,300 shares, an increase of 42.0% from the September 15th total of 367,900 shares. Based on an average daily trading volume, of 205,800 shares, the short-interest ratio is presently 2.5 days. Currently, 1.9% of the company's shares are sold short. View Mercury General's Current Options Chain.

Who are some of Mercury General's key competitors?

What other stocks do shareholders of Mercury General own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include Verizon Communications (VZ), General Electric (GE), Johnson & Johnson (JNJ), The Coca-Cola (KO), Altria Group (MO), Intel (INTC), Prospect Capital (PSEC), Cisco Systems (CSCO), Alibaba Group (BABA) and Chevron (CVX).

Who are Mercury General's key executives?

Mercury General's management team includes the folowing people:
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 56)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 53)
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 54)
  • Abby Hosseini, Chief Information Officer & VP (Age 59)
  • Mr. Erik Dahl Thompson, VP of Advter. & PR (Age 50)

Who are Mercury General's major shareholders?

Mercury General's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.45%), Mackay Shields LLC (0.25%), First Trust Advisors LP (0.14%), Rhumbline Advisers (0.13%), California Public Employees Retirement System (0.12%) and New York State Teachers Retirement System (0.11%). Company insiders that own Mercury General stock include Charles Toney, George Gwyer Braunegg, Joshua Eric Little and Mike Curtius. View Institutional Ownership Trends for Mercury General.

Which major investors are selling Mercury General stock?

MCY stock was sold by a variety of institutional investors in the last quarter, including Dupont Capital Management Corp, Vaughan Nelson Investment Management L.P., SG Americas Securities LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Strs Ohio, Virginia Retirement Systems ET AL and Pacer Advisors Inc.. View Insider Buying and Selling for Mercury General.

Which major investors are buying Mercury General stock?

MCY stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, California Public Employees Retirement System, Mackay Shields LLC, Russell Investments Group Ltd., 6 Meridian, 6 Meridian, Foundations Investment Advisors LLC and Symmetry Partners LLC. Company insiders that have bought Mercury General stock in the last two years include George Gwyer Braunegg and Joshua Eric Little. View Insider Buying and Selling for Mercury General.

How do I buy shares of Mercury General?

Shares of MCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $48.79.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.70 billion and generates $3.38 billion in revenue each year. The insurance provider earns $-5,720,000.00 in net income (profit) each year or $1.80 on an earnings per share basis. Mercury General employs 4,400 workers across the globe.View Additional Information About Mercury General.

What is Mercury General's official website?

The official website for Mercury General is http://www.mercuryinsurance.com/.

How can I contact Mercury General?

Mercury General's mailing address is 4484 WILSHIRE BOULEVARD, LOS ANGELES CA, 90010. The insurance provider can be reached via phone at 323-937-1060.


MarketBeat Community Rating for Mercury General (NYSE MCY)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  557
MarketBeat's community ratings are surveys of what our community members think about Mercury General and other stocks. Vote "Outperform" if you believe MCY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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