Mercury General Corp. Company Profile (NYSE:MCY)

About Mercury General Corp.

Mercury General Corp. logoMercury General Corporation is an insurance holding company. The Company is engaged in writing personal automobile insurance through approximately 10 insurance subsidiaries in over 10 states. The Company operates through Property and Casualty business segment. The Company also writes homeowners, commercial automobile, commercial property, mechanical breakdown and umbrella insurance. The Company offers a range of automobile coverage, such as collision, property damage, bodily injury (BI), comprehensive, personal injury protection (PIP), underinsured and uninsured motorist, and other hazards. The Company offers a range of homeowner's coverage, such as dwelling, liability, personal property, fire and other hazards. It has operations in Arizona, California, Florida, Georgia, Illinois, Michigan, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia. The Company offers standard, non-standard, and preferred private passenger automobile insurance in approximately 10 states.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Exchange: NYSE
  • Symbol: MCY
  • CUSIP: 58940010
Key Metrics:
  • Previous Close: $55.15
  • 50 Day Moving Average: $53.67
  • 200 Day Moving Average: $53.38
  • 52-Week Range: $42.97 - $56.14
  • Trailing P/E Ratio: 27.45
  • Foreward P/E Ratio: 23.17
  • P/E Growth: 4.58
  • Market Cap: $3.05B
  • Outstanding Shares: 55,254,000
  • Beta: 0.51
Profitability:
  • Net Margins: 3.44%
  • Return on Equity: 4.81%
  • Return on Assets: 1.87%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.39%
  • Quick Ratio: 0.39%
Additional Links:
Companies Related to Mercury General Corp.:

Analyst Ratings

Consensus Ratings for Mercury General Corp. (NYSE:MCY) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $50.50 (8.43% downside)

Analysts' Ratings History for Mercury General Corp. (NYSE:MCY)
Show:
DateFirmActionRatingPrice TargetDetails
8/2/2016Compass PointLower Price TargetNeutral$55.00 -> $51.00View Rating Details
2/19/2016Raymond James Financial Inc.UpgradeUnderperform -> Market PerformView Rating Details
11/2/2015Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$50.00View Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for Mercury General Corp. (NYSE:MCY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q216$0.59$0.35$811.11 million$858.00 millionViewN/AView Earnings Details
5/2/2016Q116$0.67$0.13$794.64 million$797.70 millionViewN/AView Earnings Details
2/8/2016Q415$0.49$0.52$782.54 million$746.40 millionViewN/AView Earnings Details
11/2/2015Q315$0.58$0.59$760.91 million$779.00 millionViewN/AView Earnings Details
8/3/2015Q215$0.69$0.64$753.00 million$733.54 millionViewN/AView Earnings Details
4/27/2015Q115$0.70$0.59$751.91 million$740.50 millionViewN/AView Earnings Details
2/9/2015Q414$0.51($0.13)$741.44 million$697.30 millionViewN/AView Earnings Details
11/3/2014Q314$0.63$0.81$742.90 million$720.00 millionViewN/AView Earnings Details
7/28/2014Q214$0.68$0.83$733.20 million$698.80 millionViewN/AView Earnings Details
4/28/2014Q114$0.64$0.77$718.44 million$724.70 millionViewN/AView Earnings Details
2/10/2014Q413$0.54$0.33$718.30 million$668.10 millionViewN/AView Earnings Details
10/28/2013Q313$0.65$0.53$710.70 million$704.90 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.62$0.63$713.40 million$642.57 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.47$0.69$703.27 million$690.50 millionViewN/AView Earnings Details
2/4/2013Q4 2012$0.28($0.17)$695.59 million$655.80 millionViewN/AView Earnings Details
10/29/2012Q312$0.57$0.62$690.34 million$684.90 millionViewN/AView Earnings Details
7/30/2012$0.67$0.19ViewN/AView Earnings Details
4/30/2012$0.69$0.71ViewN/AView Earnings Details
2/6/2012$0.69$0.59ViewN/AView Earnings Details
10/31/2011$0.69$0.72ViewN/AView Earnings Details
8/1/2011$0.64$0.76ViewN/AView Earnings Details
5/2/2011$0.56$0.72ViewN/AView Earnings Details
2/7/2011$0.70($0.15)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mercury General Corp. (NYSE:MCY)
Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $2.38 EPS

Dividends

Current Dividend Information for Mercury General Corp. (NYSE:MCY)
Annual Dividend:$2.48
Dividend Yield:4.50%
Dividend Growth:0.40% (3 Year Average)
Payout Ratio:124.00% (Based on Trailing 12 Months of Earnings)
167.57% (Based on Current Year Consensus EPS Estimate)
104.20% (Based on Next Year Consensus EPS Estimate)
Track Record:30 Years of Consecutive Dividend Growth

Dividend History for Mercury General Corp. (NYSE:MCY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2016quarterly$0.624.66%9/13/20169/15/20169/29/2016
5/2/2016quarterly$0.624.73%6/14/20166/16/20166/30/2016
2/8/2016quarterly$0.625.06%3/15/20163/17/20163/31/2016
11/2/2015quarterly$0.6212/11/201512/15/201512/29/2015
8/3/2015quarterly$0.629/8/20159/10/20159/24/2015
4/27/2015quarterly$0.624.39%6/9/20156/11/20156/25/2015
2/9/2015quarterly$0.624.62%3/13/20153/17/20153/31/2015
11/3/2014quarterly$0.624.47%12/10/201412/12/201412/26/2014
7/28/2014quarterly$0.624.96%9/9/20149/11/20149/25/2014
4/28/2014quarterly$0.625.17%6/10/20146/12/20146/26/2014
2/10/2014quarterly$0.625.71%3/13/20143/17/20143/31/2014
10/28/2013quarterly$0.625.16%12/10/201312/12/201312/26/2013
7/29/2013quarterly$0.615.59%9/10/20139/12/20139/26/2013
4/29/2013quarterly$0.615.36%6/11/20136/13/20136/27/2013
2/4/2013quarterly$0.616.49%3/12/20133/14/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mercury General Corp. (NYSE:MCY)
Insider Ownership Percentage: 34.40%
Institutional Ownership Percentage: 43.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2016Gabriel TiradorCEOSell7,500$54.00$405,000.00View SEC Filing  
3/3/2016Brandt MinnichVPSell3,000$53.82$161,460.00View SEC Filing  
4/30/2015Mike CurtiusDirectorBuy1,000$54.97$54,970.00View SEC Filing  
12/9/2014Allan LubitzSVPSell1,100$59.50$65,450.00View SEC Filing  
12/9/2014Theodore R StalickCFOSell1,950$59.43$115,888.50View SEC Filing  
12/4/2014Gabriel TiradorDirectorSell2,355$55.93$131,715.15View SEC Filing  
11/10/2014Theodore R StalickCFOSell20,000$55.25$1,105,000.00View SEC Filing  
8/13/2014Allan LubitzSVPSell3,750$50.85$190,687.50View SEC Filing  
8/11/2014Allan LubitzSVPSell3,750$50.85$190,687.50View SEC Filing  
8/6/2014Robert HoulihanVPSell11,250$50.65$569,812.50View SEC Filing  
12/6/2013Douglas MengesVPBuy6,000$49.80$298,800.00View SEC Filing  
11/5/2013Douglas S MengesVPBuy5,000$46.68$233,400.00View SEC Filing  
10/31/2013Theodore R StalickCFOSell3,750$46.57$174,637.50View SEC Filing  
9/13/2013Gabriel TiradorDirectorSell8,925$46.00$410,550.00View SEC Filing  
9/11/2013Brandt MinnichVPSell1,250$45.39$56,737.50View SEC Filing  
5/21/2013Brandt MinnichVPSell1,000$45.51$45,510.00View SEC Filing  
5/16/2013John SuttonVPSell10,000$45.85$458,500.00View SEC Filing  
5/13/2013Gabriel TiradorDirectorSell4,500$45.19$203,355.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mercury General Corp. (NYSE:MCY)
DateHeadline
4-traders.com logoMercury General : Names the Safest and Most Affordable Cars to Insure for Teens (NYSE:MCY)
www.4-traders.com - September 22 at 10:52 AM
publicnow.com logoMercury Names the Safest and Most Affordable Cars to Insure for Teens (NYSE:MCY)
www.publicnow.com - September 21 at 5:47 PM
News IconThe 5 Dividend Aristocrat Stocks With the Highest Yields (NYSE:MCY)
portal.kiplinger.com - September 14 at 10:20 AM
capitalcube.com logoMercury General Corp. breached its 50 day moving average in a Bearish Manner : MCY-US : September 14, 2016 (NYSE:MCY)
www.capitalcube.com - September 14 at 10:20 AM
nasdaq.com logoMercury General Corporation (MCY) Ex-Dividend Date Scheduled for September 13 ... (NYSE:MCY)
www.nasdaq.com - September 12 at 5:52 PM
finance.yahoo.com logoMercury General Yields 4.6 Percent (NYSE:MCY)
finance.yahoo.com - September 6 at 6:07 PM
capitalcube.com logoMercury General Corp. breached its 50 day moving average in a Bullish Manner : MCY-US : August 30, 2016 (NYSE:MCY)
www.capitalcube.com - August 30 at 9:26 AM
capitalcube.com logoETF’s with exposure to Mercury General Corp. : August 23, 2016 (NYSE:MCY)
www.capitalcube.com - August 23 at 6:18 PM
4-traders.com logoMercury General : Superior Court Grants Mercury's Petition in 2004 NNC Matter (NYSE:MCY)
www.4-traders.com - August 16 at 6:12 PM
finance.yahoo.com logoSuperior Court Grants Mercury's Petition in 2004 NNC Matter (NYSE:MCY)
finance.yahoo.com - August 16 at 6:12 PM
biz.yahoo.com logoMERCURY GENERAL CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:MCY)
biz.yahoo.com - August 16 at 6:12 PM
finance.yahoo.com logo3:14 pm Mercury General confirms California superior court has vacated an order imposing a $27.6 mln fee (NYSE:MCY)
finance.yahoo.com - August 16 at 6:12 PM
tradecalls.org logoMercury General Corporation (MCY) Shares are Down -4.93% (NYSE:MCY)
www.tradecalls.org - August 9 at 6:21 PM
capitalcube.com logoETF’s with exposure to Mercury General Corp. : August 5, 2016 (NYSE:MCY)
www.capitalcube.com - August 5 at 6:19 PM
capitalcube.com logoMercury NZ Ltd. :MCY-AU: Earnings Analysis: For the six months ended December 31, 2015 : August 4, 2016 (NYSE:MCY)
www.capitalcube.com - August 4 at 9:15 AM
capitalcube.com logoMercury General Corp. breached its 50 day moving average in a Bearish Manner : MCY-US : August 4, 2016 (NYSE:MCY)
www.capitalcube.com - August 4 at 9:15 AM
equities.com logoMercury General Corporation (MCY) is Trading Lower on Unusual Volume for August 01 (NYSE:MCY)
www.equities.com - August 3 at 6:28 PM
capitalcube.com logoMercury General Corp. :MCY-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:MCY)
www.capitalcube.com - August 3 at 6:28 PM
seekingalpha.com logoMercury General's (MCY) CEO Gabriel Tirador on Q2 2016 Results - Earnings Call Transcript (NYSE:MCY)
seekingalpha.com - August 2 at 6:24 PM
finance.yahoo.com logoEdited Transcript of MCY earnings conference call or presentation 1-Aug-16 5:00pm GMT (NYSE:MCY)
finance.yahoo.com - August 2 at 10:54 AM
biz.yahoo.com logoMERCURY GENERAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NYSE:MCY)
biz.yahoo.com - August 1 at 5:54 PM
nasdaq.com logoMercury General Corp. Bottom Line Drops 45% In Q2 (NYSE:MCY)
www.nasdaq.com - August 1 at 10:48 AM
sg.finance.yahoo.com logoMercury General posts 2Q profit (NYSE:MCY)
sg.finance.yahoo.com - August 1 at 8:45 AM
seekingalpha.com logoMercury General declares $0.62 dividend (NYSE:MCY)
seekingalpha.com - August 1 at 8:35 AM
seekingalpha.com logoMercury General misses by $0.24, beats on revenue (NYSE:MCY)
seekingalpha.com - August 1 at 8:35 AM
marketnewsvideo.com logoMercury General Larger Than S&P 500 Component Chesapeake Energy (NYSE:MCY)
www.marketnewsvideo.com - July 11 at 6:08 PM
publicnow.com logoMercury General Corporation To Report Second Quarter Results On August 1, 2016 (NYSE:MCY)
www.publicnow.com - July 7 at 12:21 PM
fiscalstandard.com logoMercury General Corporation (NYSE:MCY) Current Analyst Ratings - Fiscal Standard (NYSE:MCY)
www.fiscalstandard.com - July 1 at 8:56 AM
capitalcube.com logoMercury General Corp. breached its 50 day moving average in a Bullish Manner : MCY-US : July 1, 2016 (NYSE:MCY)
www.capitalcube.com - July 1 at 8:22 AM
News IconMercury General Corporation (NYSE:MCY) Short Interest Increased By 13.13% - Press Telegraph (NYSE:MCY)
presstelegraph.com - June 28 at 6:00 PM
finance.yahoo.com logoGo Green And Save 'Green' On Car Insurance (NYSE:MCY)
finance.yahoo.com - June 20 at 12:00 PM
finance.yahoo.com logoMercury General & Units Receive Rating Action from A.M. Best (NYSE:MCY)
finance.yahoo.com - June 17 at 12:16 AM
finance.yahoo.com logoA.M. Best Revises Outlooks to Negative and Affirms Ratings of Members of Mercury Casualty Group (NYSE:MCY)
finance.yahoo.com - June 15 at 1:06 PM
capitalcube.com logoMercury General Corp. breached its 50 day moving average in a Bullish Manner : MCY-US : June 10, 2016 (NYSE:MCY)
www.capitalcube.com - June 10 at 8:05 AM
finance.yahoo.com logoPrepare Your Home for Hurricane Season (NYSE:MCY)
finance.yahoo.com - June 6 at 5:00 PM
News IconPerformance at a Glance on Mercury General Corporation (NYSE:MCY) - HNN (NYSE:MCY)
hintsnewsnetwork.com - May 29 at 2:01 PM
seekingalpha.com logoChampion Dogs Fizz In May As Coke And Pepsi Gush Analyst Augured Gains - Seeking Alpha (NYSE:MCY)
seekingalpha.com - May 28 at 1:27 PM
News IconPerformance at a Glance on Mercury General Corporation (NYSE:MCY) - Wall Street Hints and News (NYSE:MCY)
hintsnewsnetwork.com - May 22 at 1:52 PM
finance.yahoo.com logoMercury Ready To Help Customers Impacted By Flooding And Hail In Texas (NYSE:MCY)
finance.yahoo.com - May 20 at 7:48 PM
tradecalls.org logoMercury General Corporation(NYSE:MCY) Declares Dividend of $0.6200. - Trade Calls (NYSE:MCY)
www.tradecalls.org - May 20 at 12:33 PM
publicnow.com logoMercury's Special Investigations Unit Shines a Light on Unexpected Criminals (NYSE:MCY)
www.publicnow.com - May 19 at 4:32 AM
tradecalls.org logoRevenue Update on Mercury General Corporation(NYSE:MCY) - Trade Calls (NYSE:MCY)
www.tradecalls.org - May 17 at 10:52 PM
biz.yahoo.com logoMERCURY GENERAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:MCY)
biz.yahoo.com - May 12 at 12:27 PM
capitalcube.com logoMercury General Corp. :MCY-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:MCY)
www.capitalcube.com - May 4 at 10:35 AM
biz.yahoo.com logoMERCURY GENERAL CORP Files SEC form 10-Q, Quarterly Report (NYSE:MCY)
biz.yahoo.com - May 3 at 2:49 PM
finance.yahoo.com logoEdited Transcript of MCY earnings conference call or presentation 2-May-16 5:00pm GMT (NYSE:MCY)
finance.yahoo.com - May 2 at 3:23 PM
biz.yahoo.com logoMERCURY GENERAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Costs Associated with Exit or (NYSE:MCY)
biz.yahoo.com - May 2 at 12:10 PM
feeds.reuters.com logoBRIEF-Mercury General reports qtrly earnings per share of $0.42 (NYSE:MCY)
feeds.reuters.com - May 2 at 8:56 AM
publicnow.com logoMercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend (NYSE:MCY)
www.publicnow.com - May 2 at 8:40 AM
sg.finance.yahoo.com logoMercury General posts 1Q profit (NYSE:MCY)
sg.finance.yahoo.com - May 2 at 8:37 AM

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Mercury General Corp. (NYSE:MCY) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff