About Mercury General Corp.
Mercury 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.:
Earnings History for Mercury General Corp. (NYSE:MCY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2016 | | | | | | | | |
| 8/1/2016 | Q216 | $0.59 | $0.35 | $811.11 million | $858.00 million | View | N/A |  |
| 5/2/2016 | Q116 | $0.67 | $0.13 | $794.64 million | $797.70 million | View | N/A | |
| 2/8/2016 | Q415 | $0.49 | $0.52 | $782.54 million | $746.40 million | View | N/A | |
| 11/2/2015 | Q315 | $0.58 | $0.59 | $760.91 million | $779.00 million | View | N/A | |
| 8/3/2015 | Q215 | $0.69 | $0.64 | $753.00 million | $733.54 million | View | N/A | |
| 4/27/2015 | Q115 | $0.70 | $0.59 | $751.91 million | $740.50 million | View | N/A | |
| 2/9/2015 | Q414 | $0.51 | ($0.13) | $741.44 million | $697.30 million | View | N/A | |
| 11/3/2014 | Q314 | $0.63 | $0.81 | $742.90 million | $720.00 million | View | N/A | |
| 7/28/2014 | Q214 | $0.68 | $0.83 | $733.20 million | $698.80 million | View | N/A | |
| 4/28/2014 | Q114 | $0.64 | $0.77 | $718.44 million | $724.70 million | View | N/A | |
| 2/10/2014 | Q413 | $0.54 | $0.33 | $718.30 million | $668.10 million | View | N/A | |
| 10/28/2013 | Q313 | $0.65 | $0.53 | $710.70 million | $704.90 million | View | N/A | |
| 7/29/2013 | Q2 2013 | $0.62 | $0.63 | $713.40 million | $642.57 million | View | N/A | |
| 4/29/2013 | Q1 2013 | $0.47 | $0.69 | $703.27 million | $690.50 million | View | N/A | |
| 2/4/2013 | Q4 2012 | $0.28 | ($0.17) | $695.59 million | $655.80 million | View | N/A | |
| 10/29/2012 | Q312 | $0.57 | $0.62 | $690.34 million | $684.90 million | View | N/A | |
| 7/30/2012 | | $0.67 | $0.19 | | | View | N/A | |
| 4/30/2012 | | $0.69 | $0.71 | | | View | N/A | |
| 2/6/2012 | | $0.69 | $0.59 | | | View | N/A | |
| 10/31/2011 | | $0.69 | $0.72 | | | View | N/A | |
| 8/1/2011 | | $0.64 | $0.76 | | | View | N/A | |
| 5/2/2011 | | $0.56 | $0.72 | | | View | N/A | |
| 2/7/2011 | | $0.70 | ($0.15) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Mercury General Corp. (NYSE:MCY)Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $2.38 EPS
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)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/1/2016 | quarterly | $0.62 | 4.66% | 9/13/2016 | 9/15/2016 | 9/29/2016 |
| 5/2/2016 | quarterly | $0.62 | 4.73% | 6/14/2016 | 6/16/2016 | 6/30/2016 |
| 2/8/2016 | quarterly | $0.62 | 5.06% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 11/2/2015 | quarterly | $0.62 | | 12/11/2015 | 12/15/2015 | 12/29/2015 |
| 8/3/2015 | quarterly | $0.62 | | 9/8/2015 | 9/10/2015 | 9/24/2015 |
| 4/27/2015 | quarterly | $0.62 | 4.39% | 6/9/2015 | 6/11/2015 | 6/25/2015 |
| 2/9/2015 | quarterly | $0.62 | 4.62% | 3/13/2015 | 3/17/2015 | 3/31/2015 |
| 11/3/2014 | quarterly | $0.62 | 4.47% | 12/10/2014 | 12/12/2014 | 12/26/2014 |
| 7/28/2014 | quarterly | $0.62 | 4.96% | 9/9/2014 | 9/11/2014 | 9/25/2014 |
| 4/28/2014 | quarterly | $0.62 | 5.17% | 6/10/2014 | 6/12/2014 | 6/26/2014 |
| 2/10/2014 | quarterly | $0.62 | 5.71% | 3/13/2014 | 3/17/2014 | 3/31/2014 |
| 10/28/2013 | quarterly | $0.62 | 5.16% | 12/10/2013 | 12/12/2013 | 12/26/2013 |
| 7/29/2013 | quarterly | $0.61 | 5.59% | 9/10/2013 | 9/12/2013 | 9/26/2013 |
| 4/29/2013 | quarterly | $0.61 | 5.36% | 6/11/2013 | 6/13/2013 | 6/27/2013 |
| 2/4/2013 | quarterly | $0.61 | 6.49% | 3/12/2013 | 3/14/2013 | 3/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Mercury General Corp. (NYSE:MCY)Insider Ownership Percentage: 34.40%
Institutional Ownership Percentage: 43.55%
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/7/2016 | Gabriel Tirador | CEO | Sell | 7,500 | $54.00 | $405,000.00 | |
| 3/3/2016 | Brandt Minnich | VP | Sell | 3,000 | $53.82 | $161,460.00 | |
| 4/30/2015 | Mike Curtius | Director | Buy | 1,000 | $54.97 | $54,970.00 | |
| 12/9/2014 | Allan Lubitz | SVP | Sell | 1,100 | $59.50 | $65,450.00 | |
| 12/9/2014 | Theodore R Stalick | CFO | Sell | 1,950 | $59.43 | $115,888.50 | |
| 12/4/2014 | Gabriel Tirador | Director | Sell | 2,355 | $55.93 | $131,715.15 | |
| 11/10/2014 | Theodore R Stalick | CFO | Sell | 20,000 | $55.25 | $1,105,000.00 | |
| 8/13/2014 | Allan Lubitz | SVP | Sell | 3,750 | $50.85 | $190,687.50 | |
| 8/11/2014 | Allan Lubitz | SVP | Sell | 3,750 | $50.85 | $190,687.50 | |
| 8/6/2014 | Robert Houlihan | VP | Sell | 11,250 | $50.65 | $569,812.50 | |
| 12/6/2013 | Douglas Menges | VP | Buy | 6,000 | $49.80 | $298,800.00 | |
| 11/5/2013 | Douglas S Menges | VP | Buy | 5,000 | $46.68 | $233,400.00 | |
| 10/31/2013 | Theodore R Stalick | CFO | Sell | 3,750 | $46.57 | $174,637.50 | |
| 9/13/2013 | Gabriel Tirador | Director | Sell | 8,925 | $46.00 | $410,550.00 | |
| 9/11/2013 | Brandt Minnich | VP | Sell | 1,250 | $45.39 | $56,737.50 | |
| 5/21/2013 | Brandt Minnich | VP | Sell | 1,000 | $45.51 | $45,510.00 | |
| 5/16/2013 | John Sutton | VP | Sell | 10,000 | $45.85 | $458,500.00 | |
| 5/13/2013 | Gabriel Tirador | Director | Sell | 4,500 | $45.19 | $203,355.00 | |
(Data available from 1/1/2013 forward)
Latest Headlines for Mercury General Corp. (NYSE:MCY)| Date | Headline |
|---|
 | Mercury General : Names the Safest and Most Affordable Cars to Insure for Teens (NYSE:MCY)
www.4-traders.com - September 22 at 10:52 AM |
 | Mercury Names the Safest and Most Affordable Cars to Insure for Teens (NYSE:MCY)
www.publicnow.com - September 21 at 5:47 PM |
 | The 5 Dividend Aristocrat Stocks With the Highest Yields (NYSE:MCY)
portal.kiplinger.com - September 14 at 10:20 AM |
 | Mercury 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 |
 | Mercury General Corporation (MCY) Ex-Dividend Date Scheduled for September 13 ... (NYSE:MCY)
www.nasdaq.com - September 12 at 5:52 PM |
 | Mercury General Yields 4.6 Percent (NYSE:MCY)
finance.yahoo.com - September 6 at 6:07 PM |
| Mercury 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 |
| ETF’s with exposure to Mercury General Corp. : August 23, 2016 (NYSE:MCY)
www.capitalcube.com - August 23 at 6:18 PM |
| Mercury General : Superior Court Grants Mercury's Petition in 2004 NNC Matter (NYSE:MCY)
www.4-traders.com - August 16 at 6:12 PM |
| Superior Court Grants Mercury's Petition in 2004 NNC Matter (NYSE:MCY)
finance.yahoo.com - August 16 at 6:12 PM |
| MERCURY GENERAL CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:MCY)
biz.yahoo.com - August 16 at 6:12 PM |
| 3:14 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 |
 | Mercury General Corporation (MCY) Shares are Down -4.93% (NYSE:MCY)
www.tradecalls.org - August 9 at 6:21 PM |
| ETF’s with exposure to Mercury General Corp. : August 5, 2016 (NYSE:MCY)
www.capitalcube.com - August 5 at 6:19 PM |
| Mercury 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 |
| Mercury 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 |
 | Mercury General Corporation (MCY) is Trading Lower on Unusual Volume for August 01 (NYSE:MCY)
www.equities.com - August 3 at 6:28 PM |
| Mercury 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 |
 | Mercury General's (MCY) CEO Gabriel Tirador on Q2 2016 Results - Earnings Call Transcript (NYSE:MCY)
seekingalpha.com - August 2 at 6:24 PM |
| Edited 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 |
| MERCURY 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 |
| Mercury General Corp. Bottom Line Drops 45% In Q2 (NYSE:MCY)
www.nasdaq.com - August 1 at 10:48 AM |
| Mercury General posts 2Q profit (NYSE:MCY)
sg.finance.yahoo.com - August 1 at 8:45 AM |
| Mercury General declares $0.62 dividend (NYSE:MCY)
seekingalpha.com - August 1 at 8:35 AM |
| Mercury General misses by $0.24, beats on revenue (NYSE:MCY)
seekingalpha.com - August 1 at 8:35 AM |
 | Mercury General Larger Than S&P 500 Component Chesapeake Energy (NYSE:MCY)
www.marketnewsvideo.com - July 11 at 6:08 PM |
| Mercury General Corporation To Report Second Quarter Results On August 1, 2016 (NYSE:MCY)
www.publicnow.com - July 7 at 12:21 PM |
 | Mercury General Corporation (NYSE:MCY) Current Analyst Ratings - Fiscal Standard (NYSE:MCY)
www.fiscalstandard.com - July 1 at 8:56 AM |
| Mercury 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 |
| Mercury General Corporation (NYSE:MCY) Short Interest Increased By 13.13% - Press Telegraph (NYSE:MCY)
presstelegraph.com - June 28 at 6:00 PM |
| Go Green And Save 'Green' On Car Insurance (NYSE:MCY)
finance.yahoo.com - June 20 at 12:00 PM |
| Mercury General & Units Receive Rating Action from A.M. Best (NYSE:MCY)
finance.yahoo.com - June 17 at 12:16 AM |
| A.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 |
| Mercury 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 |
| Prepare Your Home for Hurricane Season (NYSE:MCY)
finance.yahoo.com - June 6 at 5:00 PM |
| Performance at a Glance on Mercury General Corporation (NYSE:MCY) - HNN (NYSE:MCY)
hintsnewsnetwork.com - May 29 at 2:01 PM |
| Champion Dogs Fizz In May As Coke And Pepsi Gush Analyst Augured Gains - Seeking Alpha (NYSE:MCY)
seekingalpha.com - May 28 at 1:27 PM |
| Performance at a Glance on Mercury General Corporation (NYSE:MCY) - Wall Street Hints and News (NYSE:MCY)
hintsnewsnetwork.com - May 22 at 1:52 PM |
| Mercury Ready To Help Customers Impacted By Flooding And Hail In Texas (NYSE:MCY)
finance.yahoo.com - May 20 at 7:48 PM |
| Mercury General Corporation(NYSE:MCY) Declares Dividend of $0.6200. - Trade Calls (NYSE:MCY)
www.tradecalls.org - May 20 at 12:33 PM |
| Mercury's Special Investigations Unit Shines a Light on Unexpected Criminals (NYSE:MCY)
www.publicnow.com - May 19 at 4:32 AM |
| Revenue Update on Mercury General Corporation(NYSE:MCY) - Trade Calls (NYSE:MCY)
www.tradecalls.org - May 17 at 10:52 PM |
| MERCURY 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 |
| Mercury General Corp. :MCY-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:MCY)
www.capitalcube.com - May 4 at 10:35 AM |
| MERCURY GENERAL CORP Files SEC form 10-Q, Quarterly Report (NYSE:MCY)
biz.yahoo.com - May 3 at 2:49 PM |
| Edited 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 |
| MERCURY 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 |
 | BRIEF-Mercury General reports qtrly earnings per share of $0.42 (NYSE:MCY)
feeds.reuters.com - May 2 at 8:56 AM |
| Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend (NYSE:MCY)
www.publicnow.com - May 2 at 8:40 AM |
| Mercury General posts 1Q profit (NYSE:MCY)
sg.finance.yahoo.com - May 2 at 8:37 AM |
Mercury General Corp. (NYSE:MCY) Chart for Sunday, September, 25, 2016
