Mercury General Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury General in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" Mercury General stock.
View analyst ratings for Mercury General or view top-rated stocks.

Wall Street analysts have given Mercury General a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Mercury General wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Mercury General is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Mercury General.

Mercury General Co. (NYSE:MCY) released its quarterly earnings data on Tuesday, May, 4th. The insurance provider reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.25 by $0.09. The insurance provider earned $951.41 million during the quarter, compared to the consensus estimate of $944.68 million. Mercury General had a net margin of 15.26% and a trailing twelve-month return on equity of 16.38%. During the same period in the prior year, the company posted $1.07 EPS.
View Mercury General's earnings history.

Mercury General's stock was trading at $39.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MCY shares have increased by 49.4% and is now trading at $58.31.
View which stocks have been most impacted by COVID-19.

Mercury General announced a quarterly dividend on Tuesday, May 4th. Investors of record on Wednesday, June 16th will be paid a dividend of $0.632 per share on Wednesday, June 30th. This represents a $2.53 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Mercury General's dividend history.

Mercury General pays an annual dividend of $2.53 per share and currently has a dividend yield of 4.34%. MCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Mercury General has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Mercury General is 45.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mercury General will have a dividend payout ratio of 73.33% next year. This indicates that Mercury General will be able to sustain or increase its dividend.
View Mercury General's dividend history.

173 employees have rated Mercury General CEO Gabriel Tirador on Glassdoor.com. Gabriel Tirador has an approval rating of 84% among Mercury General's employees.

Some companies that are related to Mercury General include The Progressive (PGR), The Allstate (ALL), The Travelers Companies (TRV), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), CNA Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), The Hanover Insurance Group (THG), RLI (RLI) and Selective Insurance Group (SIGI).
View all of MCY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T), Pfizer (PFE), Altria Group (MO), Chevron (CVX), Gilead Sciences (GILD), Walgreens Boots Alliance (WBA) and Enterprise Products Partners (EPD).

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

Mercury General's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.44%), Renaissance Technologies LLC (3.06%), Dimensional Fund Advisors LP (2.75%), Goldman Sachs Group Inc. (1.29%), Bank of New York Mellon Corp (1.05%) and Absher Wealth Management LLC (0.80%). Company insiders that own Mercury General stock include Abby Hosseini, Brandt Minnich, Gabriel Tirador, George Gwyer Braunegg, George Joseph and Joshua Eric Little.
View institutional ownership trends for Mercury General.

MCY stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Renaissance Technologies LLC, HighTower Advisors LLC, Absher Wealth Management LLC, Crawford Investment Counsel Inc., Mork Capital Management LLC, Victory Capital Management Inc., and Ameriprise Financial Inc..
View insider buying and selling activity for Mercury General or view top insider-selling stocks.

MCY stock was acquired by a variety of institutional investors in the last quarter, including Alleghany Corp DE, Assenagon Asset Management S.A., BlackRock Inc., Arrowstreet Capital Limited Partnership, Millennium Management LLC, Morgan Stanley, Brandywine Global Investment Management LLC, and Bank of Nova Scotia. Company insiders that have bought Mercury General stock in the last two years include Abby Hosseini, Brandt Minnich, Gabriel Tirador, George Gwyer Braunegg, George Joseph, and Joshua Eric Little.
View insider buying and selling activity for Mercury General or or view top insider-buying stocks.

Shares of MCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MCY stock can currently be purchased for approximately $58.31.

Mercury General has a market capitalization of $3.23 billion and generates $3.78 billion in revenue each year. The insurance provider earns $374.61 million in net income (profit) each year or $5.54 on an earnings per share basis.

Mercury General employs 4,300 workers across the globe.

Mercury General was founded in 1962.

The official website for Mercury General is www.mercuryinsurance.com.

Mercury General is headquartered at 4484 WILSHIRE BOULEVARD, LOS ANGELES CA, 90010.

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.