NYSE:MCY Mercury General (MCY) Stock Price, News & Analysis $58.14 +1.48 (+2.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$57.09▼$58.1850-Day Range$50.72▼$59.2552-Week Range$27.27▼$59.89Volume164,665 shsAverage Volume146,020 shsMarket Capitalization$3.22 billionP/E Ratio14.95Dividend Yield2.18%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Mercury General alerts: Email Address Mercury General MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.42% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment0.46Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth13.37%From $3.44 to $3.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.43 out of 5 starsFinance Sector381st out of 898 stocksFire, Marine, & Casualty Insurance Industry30th out of 54 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Mercury General.Read more about Mercury General's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.42% of the float of Mercury General has been sold short.Short Interest Ratio / Days to CoverMercury General has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mercury General has recently increased by 14.89%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMercury General pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMercury General does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mercury General is 32.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Mercury General will have a dividend payout ratio of 32.56% next year. This indicates that Mercury General will be able to sustain or increase its dividend.Read more about Mercury General's dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercury General has received a 5.66% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Home contents insurance services for individuals", and "Landlord's insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Mercury General is -0.82. Previous Next 2.5 News and Social Media Coverage News SentimentMercury General has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Mercury General this week, compared to 2 articles on an average week.Search Interest1 people have searched for MCY on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Mercury General to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercury General insiders have not sold or bought any company stock.Percentage Held by Insiders35.50% of the stock of Mercury General is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.39% of the stock of Mercury General is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Mercury General's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Mercury General are expected to grow by 13.37% in the coming year, from $3.44 to $3.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercury General is 14.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercury General is 14.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.57.Price to Book Value per Share RatioMercury General has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Mercury General's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Mercury General Stock (NYSE:MCY)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, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.Read More MCY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCY Stock News HeadlinesJuly 25 at 12:05 PM | sg.finance.yahoo.comMCG.SG,0P0000CE0S,0 (MCG.SG)July 25 at 1:48 AM | barrons.comMercury Systems Inc.July 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 24 at 9:08 AM | finance.yahoo.comMercury General Corporation's (NYSE:MCY) Stock Is Going Strong: Have Financials A Role To Play?July 20, 2024 | nytimes.comPhoenix Mercury unveil new practice facilityJuly 16, 2024 | prnewswire.comMercury Insurance and UCLA Anderson Forecast Partner to Lead Research on the Impact of Climate Change and the EconomyJuly 12, 2024 | prnewswire.comMercury Insurance Names the Most Affordable New Sedans to InsureJuly 9, 2024 | prnewswire.comMERCURY GENERAL CORPORATION TO REPORT SECOND QUARTER RESULTS ON JULY 30, 2024July 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 8, 2024 | prnewswire.comMercury Insurance is Ready to Assist Texas Policyholders Impacted by Hurricane BerylJune 25, 2024 | prnewswire.comMercury Insurance Names the Most Affordable New Trucks and SUVs to InsureJune 20, 2024 | prnewswire.comMercury Insurance Turns Up the Volume for Music Fans at North Island Credit Union AmphitheatreJune 12, 2024 | prnewswire.comNewsweek Names Mercury Insurance One of America's Greatest Workplaces for Mental Wellbeing 2024June 6, 2024 | prnewswire.comMercury Insurance Expert Offers Tips to Avoid Becoming a Victim of Insurance FraudMay 29, 2024 | prnewswire.comMercury Insurance is Ready to Assist Texas/Oklahoma Policyholders Impacted by Heavy StormsMay 29, 2024 | prnewswire.comMercury Insurance is Ready to Assist Texas/Oklahoma Policyholders Impacted by Heavy StormsMay 28, 2024 | prnewswire.comBodily Injury Costs Increase in Oklahoma, According to Mercury InsuranceMay 9, 2024 | finance.yahoo.comMercury Insurance and Tokio Marine America Partner to Help Thousands of Californians Facing Non-renewalsSee More Headlines Receive MCY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mercury General and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Ex-Dividend for 6/27 Dividend6/13/2024Dividend Payable6/27/2024Today7/27/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:MCY CUSIP58940010 CIK64996 Webwww.mercuryinsurance.com Phone(323) 937-1060Fax323-857-7116Employees4,100Year Founded1962Profitability EPS (Most Recent Fiscal Year)$3.89 Trailing P/E Ratio14.95 Forward P/E Ratio16.90 P/E GrowthN/ANet Income$96.34 million Net Margins4.48% Pretax MarginN/A Return on Equity9.85% Return on Assets2.05% Debt Debt-to-Equity Ratio0.36 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$4.63 billion Price / Sales0.70 Cash FlowN/A Price / Cash FlowN/A Book Value$27.49 per share Price / Book2.11Miscellaneous Outstanding Shares55,370,000Free Float35,714,000Market Cap$3.22 billion OptionableOptionable Beta0.81 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. George Victor Joseph (Age 102)Executive Chairman of the Board Comp: $1.63MMr. Gabriel Tirador (Age 59)CEO & Director Comp: $1.7MMr. Theodore Robert Stalick (Age 61)Senior VP & CFO Comp: $1.06MMr. Christopher Wadewitz Graves (Age 58)VP & Chief Investment Officer Comp: $871.55kMr. Wilson Pang B.E. (Age 47)VP & Chief Technology Officer Comp: $1.11MMr. Victor George Joseph (Age 37)President, COO & Director Comp: $523.54kMr. Brandt N. Minnich (Age 57)VP & Chief Sales Development Officer Mr. Erik Dahl Thompson (Age 55)VP & Chief Marketing Officer Ms. Heidi C. Sullivan (Age 55)VP & Chief Human Capital Officer Mr. Randall R. Petro (Age 60)VP & Chief Claims Officer More ExecutivesKey CompetitorsCNA FinancialNYSE:CNAOld Republic InternationalNYSE:ORIRLINYSE:RLIAXIS CapitalNYSE:AXSFirst American FinancialNYSE:FAFView All CompetitorsInsiders & InstitutionsTrajan Wealth LLCSold 513 shares on 7/27/2024Ownership: 0.009%Bank of New York Mellon CorpBought 11,242 shares on 7/26/2024Ownership: 0.560%Allspring Global Investments Holdings LLCBought 21,079 shares on 7/26/2024Ownership: 0.052%Louisiana State Employees Retirement SystemBought 200 shares on 7/24/2024Ownership: 0.024%Hennessy Advisors Inc.Bought 159,800 shares on 7/23/2024Ownership: 0.289%View All Insider TransactionsView All Institutional Transactions MCY Stock Analysis - Frequently Asked Questions How have MCY shares performed this year? Mercury General's stock was trading at $37.31 at the beginning of 2024. Since then, MCY shares have increased by 55.8% and is now trading at $58.14. View the best growth stocks for 2024 here. How were Mercury General's earnings last quarter? Mercury General Co. (NYSE:MCY) announced its earnings results on Tuesday, April, 30th. The insurance provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.63. The insurance provider earned $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. Mercury General had a trailing twelve-month return on equity of 9.85% and a net margin of 4.48%. What is Gabriel Tirador's approval rating as Mercury General's CEO? 173 employees have rated Mercury General Chief Executive Officer Gabriel Tirador on Glassdoor.com. Gabriel Tirador has an approval rating of 84% among the company's employees. Who are Mercury General's major shareholders? Top institutional shareholders of Mercury General include Bank of New York Mellon Corp (0.56%), Hennessy Advisors Inc. (0.29%), Gunderson Capital Management Inc. (0.10%) and SG Americas Securities LLC (0.06%). View institutional ownership trends. How do I buy shares of Mercury General? Shares of MCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Mercury General own? Based on aggregate information from My MarketBeat watchlists, some other companies that Mercury General investors own include Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T), Pfizer (PFE), Altria Group (MO) and Chevron (CVX). This page (NYSE:MCY) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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