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 declared a quarterly dividend on Monday, October 29th. Stockholders of record on Thursday, December 13th will be given a dividend of $0.6275 per share on Thursday, December 27th. This represents a $2.51 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, December 12th. This is a boost from Mercury General's previous quarterly dividend of $0.63. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) issued its quarterly earnings results on Monday, October, 29th. The insurance provider reported $1.11 EPS for the quarter, topping the consensus estimate of $0.73 by $0.38. The insurance provider had revenue of $905.34 million for the quarter, compared to analyst estimates of $877.06 million. Mercury General had a return on equity of 7.13% and a net margin of 2.80%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. View Mercury General's Earnings History.

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, February 11th 2019. View Earnings Estimates for Mercury General.

Mercury General will be holding an earnings conference call on Monday, February 11th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778071888.

1 equities research analysts have issued 1-year target prices for Mercury General's shares. Their forecasts range from $69.00 to $69.00. On average, they anticipate Mercury General's stock price to reach $69.00 in the next twelve months. This suggests a possible upside of 27.3% 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.

News articles about MCY stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mercury General earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near future.

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

Mercury General's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.01%), State of Alaska Department of Revenue (0.01%), Fox Run Management L.L.C. (0.01%) and First Hawaiian Bank (0.00%). 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 State of Alaska Department of Revenue, Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Mercury General.

MCY stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C. and First Hawaiian Bank. 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 $54.22.

Mercury General has a market capitalization of $2.96 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.

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

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.