NYSE:MCY - Mercury General Stock Price, News, & Analysis

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$54.22 +0.73 (+1.36 %)
(As of 01/20/2019 01:04 AM ET)
Previous Close$54.22
Today's Range$53.17 - $54.61
52-Week Range$41.40 - $61.83
Volume303,655 shs
Average Volume272,429 shs
Market Capitalization$2.96 billion
P/E Ratio33.06
Dividend Yield4.69%
Beta0.3
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, fire, and umbrella insurance. Its automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products cover dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1960 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP58940010
Phone323-937-1060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.42 billion
Cash Flow$2.6723 per share
Book Value$31.83 per share

Profitability

Net Income$144.87 million

Miscellaneous

Employees4,300
Market Cap$2.96 billion
OptionableOptionable

Mercury General (NYSE:MCY) Frequently Asked Questions

What is Mercury General's stock symbol?

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

How often does Mercury General pay dividends? What is the dividend yield for Mercury General?

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.

How were Mercury General's earnings last quarter?

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.

When is Mercury General's next earnings date?

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

How can I listen to Mercury General's earnings call?

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.

What price target have analysts set for MCY?

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.

What is the consensus analysts' recommendation 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.

Has Mercury General been receiving favorable news coverage?

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.

Who are some of Mercury General's key competitors?

Who are Mercury General's key executives?

Mercury General's management team includes the folowing people:
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 54)
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 56)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 53)
  • Abby Hosseini, Chief Information Officer & VP
  • Mr. Erik Thompson, VP of Advter. & PR (Age 50)

Who are Mercury General's major shareholders?

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.

Which institutional investors are selling Mercury General stock?

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.

Which institutional investors are buying Mercury General stock?

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.

How do I buy shares of 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.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $54.22.

How big of a company is Mercury General?

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.

What is Mercury General's official website?

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

How can I contact Mercury General?

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.


MarketBeat Community Rating for Mercury General (NYSE MCY)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  415
MarketBeat's community ratings are surveys of what our community members think about Mercury General and other stocks. Vote "Outperform" if you believe MCY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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