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

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$50.64 +0.52 (+1.04 %)
(As of 09/21/2018 10:37 AM ET)
Previous Close$50.24
Today's Range$50.24 - $50.64
52-Week Range$41.40 - $60.19
Volume114 shs
Average Volume217,571 shs
Market Capitalization$2.79 billion
P/E Ratio30.80
Dividend Yield4.96%
Beta0.56
Mercury General logoMercury 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

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:MCY
CUSIP58940010
Phone323-937-1060

Debt

Debt-to-Equity Ratio0.22
Current Ratio0.40
Quick Ratio0.40

Price-To-Earnings

Trailing P/E Ratio30.80
Forward P/E Ratio23.02
P/E Growth0.66

Sales & Book Value

Annual Sales$3.42 billion
Price / Sales0.82
Cash Flow$2.6499 per share
Price / Cash19.11
Book Value$31.83 per share
Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)$1.64
Net Income$144.87 million
Net Margins2.48%
Return on Equity5.44%
Return on Assets1.84%

Miscellaneous

Employees4,300
Outstanding Shares55,330,000
Market Cap$2.79 billion

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 announced a quarterly dividend on Monday, July 30th. Investors of record on Thursday, September 13th will be given a dividend of $0.625 per share on Thursday, September 27th. This represents a $2.50 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Wednesday, September 12th. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) released its quarterly earnings data on Monday, July, 30th. The insurance provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.33. The insurance provider earned $871.10 million during the quarter, compared to analyst estimates of $849.56 million. Mercury General had a net margin of 2.48% and a return on equity of 5.44%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 earnings per share. 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, October, 29th 2018. View Earnings Estimates for Mercury General.

What price target have analysts set for MCY?

1 analysts have issued twelve-month price objectives for Mercury General's stock. Their predictions range from $64.00 to $64.00. On average, they expect Mercury General's stock price to reach $64.00 in the next year. This suggests a possible upside of 27.7% 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.

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 53)
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 55)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 52)
  • Abby Hosseini, Chief Information Officer & VP
  • Mr. Erik Thompson, VP of Advter. & PR (Age 49)

Has Mercury General been receiving favorable news coverage?

Media headlines about MCY stock have trended somewhat positive this week, Accern reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mercury General earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media stories about the insurance provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Mercury General.

Who are Mercury General's major shareholders?

Mercury General's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.32%), Dimensional Fund Advisors LP (3.71%), Renaissance Technologies LLC (1.77%), First Trust Advisors LP (1.21%), Bank of New York Mellon Corp (0.97%) and Bank of New York Mellon Corp (0.97%). 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 Millennium Management LLC, Voya Investment Management LLC, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Bank of America Corp DE, Viking Fund Management LLC, Federated Investors Inc. PA and SG Americas Securities LLC. 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 Dimensional Fund Advisors LP, WINTON GROUP Ltd, First Trust Advisors LP, Macquarie Group Ltd., BlackRock Inc., Renaissance Technologies LLC, Wells Fargo & Company MN and Bank of New York Mellon Corp. 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 $50.12.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.79 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.

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:  141 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  393
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 9/21/2018 by MarketBeat.com Staff

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