NYSE:MCY - Mercury General Stock Price, News, & Analysis

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

Mercury General announced a quarterly dividend on Monday, July 30th. Investors of record on Thursday, September 13th will be given a dividend of $0.625 per share on Thursday, September 27th. This represents a $2.50 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Wednesday, September 12th. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) released its quarterly earnings data on Monday, July, 30th. The insurance provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.33. The insurance provider earned $871.10 million during the quarter, compared to analyst estimates of $849.56 million. Mercury General had a net margin of 2.48% and a return on equity of 5.44%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 earnings per share. View Mercury General's Earnings History.

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, October, 29th 2018. View Earnings Estimates for Mercury General.

1 analysts have issued twelve-month price objectives for Mercury General's stock. Their predictions range from $64.00 to $64.00. On average, they expect Mercury General's stock price to reach $64.00 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View Analyst Price Targets 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mercury General.

Some companies that are related to Mercury General include American Financial Group (AFG), Alleghany (Y), W. R. Berkley (WRB), Everest Re Group (RE), RenaissanceRe (RNR), Validus (VR), Kemper (KMPR), Hanover Insurance Group (THG), Axis Capital (AXS), Enstar Group (ESGR), Selective Insurance Group (SIGI), RLI (RLI), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI) and National General (NGHC).

Media headlines about MCY stock have trended somewhat positive this week, Accern reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mercury General earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media stories about the insurance provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Mercury General.

Mercury General's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.32%), Dimensional Fund Advisors LP (3.71%), Renaissance Technologies LLC (1.77%), First Trust Advisors LP (1.21%), Bank of New York Mellon Corp (0.97%) and Bank of New York Mellon Corp (0.97%). Company insiders that own Mercury General stock include Allan Lubitz, Christopher Graves, Gabriel Tirador, Joshua Eric Little, Mike Curtius and Randall R Petro. View Institutional Ownership Trends for Mercury General.

MCY stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voya Investment Management LLC, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Bank of America Corp DE, Viking Fund Management LLC, Federated Investors Inc. PA and SG Americas Securities LLC. View Insider Buying and Selling for Mercury General.

MCY stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, WINTON GROUP Ltd, First Trust Advisors LP, Macquarie Group Ltd., BlackRock Inc., Renaissance Technologies LLC, Wells Fargo & Company MN and Bank of New York Mellon Corp. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MCY stock can currently be purchased for approximately $50.12.

Mercury General has a market capitalization of $2.79 billion and generates $3.42 billion in revenue each year. The insurance provider earns $144.87 million in net income (profit) each year or $1.64 on an earnings per share basis. Mercury General employs 4,300 workers across the globe.

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.