Mercury General Corporation Company Profile (NYSE:MCY)

About Mercury General Corporation (NYSE:MCY)

Mercury General Corporation logoMercury General Corporation is an insurance holding company. As of December 31, 2016, the Company and its subsidiaries were engaged in writing personal automobile insurance through 14 insurance subsidiaries in 11 states, principally California. Its segments include Property and Casualty Lines, and Other Lines. Its Property and Casualty segment offers various insurance products to its individual customers and small business customers. Its Other segment offers automobile mechanical breakdown warranties, which are sold through automobile dealerships and credit unions. It also writes homeowners, commercial automobile, commercial property, mechanical breakdown and umbrella insurance. Its insurance policies are sold through independent agents. As of December 31, 2016, it sold its policies through approximately 9,700 independent agents, its owned insurance agencies, Auto Insurance Specialists LLC and PoliSeek AIS Insurance Solutions, Inc., and directly through Internet sales portals.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Insurance - Automobile
  • Sub-Industry: Property & Casualty Insurance
  • Symbol: NYSE:MCY
  • CUSIP: 58940010
  • Web: www.mercuryinsurance.com
Capitalization:
  • Market Cap: $3.11733 billion
  • Outstanding Shares: 55,311,000
Average Prices:
  • 50 Day Moving Avg: $56.60
  • 200 Day Moving Avg: $56.61
  • 52 Week Range: $50.32 - $64.52
P/E:
  • Trailing P/E Ratio: 39.41
  • Foreward P/E Ratio: 21.43
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $3.25 billion
  • Price / Sales: 0.96
  • Book Value: $31.88 per share
  • Price / Book: 1.77
Dividend:
  • Annual Dividend: $2.49
  • Dividend Yield: 4.4%
Profitability:
  • EBITDA: $116.43 million
  • Net Margins: 2.45%
  • Return on Equity: 6.66%
  • Return on Assets: 2.43%
Debt:
  • Debt-to-Equity Ratio: 0.21%
  • Current Ratio: 0.42%
  • Quick Ratio: 0.42%
Misc:
  • Average Volume: 170,485 shs.
  • Beta: 0.5
  • Short Ratio: 26.3
 

Frequently Asked Questions for Mercury General Corporation (NYSE:MCY)

What is Mercury General Corporation's stock symbol?

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

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

Mercury General Corporation announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Thursday, September 14th will be given a dividend of $0.6225 per share on Thursday, September 28th. This represents a $2.49 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Wednesday, September 13th. View Mercury General Corporation's Dividend History.

How were Mercury General Corporation's earnings last quarter?

Mercury General Corporation (NYSE:MCY) posted its quarterly earnings results on Monday, July, 31st. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.18. The firm had revenue of $852.80 million for the quarter, compared to analyst estimates of $815.85 million. Mercury General Corporation had a return on equity of 6.66% and a net margin of 2.45%. The business's quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.88 earnings per share. View Mercury General Corporation's Earnings History.

When will Mercury General Corporation make its next earnings announcement?

Mercury General Corporation is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Mercury General Corporation.

Who are some of Mercury General Corporation's key competitors?

Who are Mercury General Corporation's key executives?

Mercury General Corporation's management team includes the folowing people:

  • George Joseph, Chairman of the Board
  • Gabriel Tirador, President, Chief Executive Officer, Director
  • Theodore R. Stalick, Chief Financial Officer, Senior Vice President
  • Allan E. Lubitz, Chief Information Officer, Senior Vice President
  • Christopher W. Graves, Vice President, Chief Investment Officer, Director
  • Brandt N. Minnich, Vice President - Marketing
  • Judy A. Walters, Vice President - Corporate Affairs, Secretary
  • Robert Houlihan, Vice President, Chief Product Officer
  • Kenneth G. Kitzmiller, Vice President, Chief Underwriting Officer
  • Randall R. Petro, Vice President, Chief Claims Officer

Who owns Mercury General Corporation stock?

Mercury General Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.89%), Viking Fund Management LLC (0.12%), Mutual of America Capital Management LLC (0.05%), State Treasurer State of Michigan (0.02%) and Sit Investment Associates Inc. (0.01%). Company insiders that own Mercury General Corporation stock include Allan Lubitz, Brandt Minnich, Christopher Graves, Gabriel Tirador, Mike Curtius and Randall R Petro. View Institutional Ownership Trends for Mercury General Corporation.

Who sold Mercury General Corporation stock? Who is selling Mercury General Corporation stock?

Mercury General Corporation's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V. and State Treasurer State of Michigan. Company insiders that have sold Mercury General Corporation stock in the last year include Allan Lubitz, Christopher Graves, Gabriel Tirador, Mike Curtius and Randall R Petro. View Insider Buying and Selling for Mercury General Corporation.

Who bought Mercury General Corporation stock? Who is buying Mercury General Corporation stock?

Mercury General Corporation's stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Viking Fund Management LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for Mercury General Corporation.

How do I buy Mercury General Corporation stock?

Shares of Mercury General Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mercury General Corporation's stock price today?

One share of Mercury General Corporation stock can currently be purchased for approximately $56.36.


MarketBeat Community Rating for Mercury General Corporation (NYSE MCY)
Community Ranking:  1.1 out of 5 (star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  230
MarketBeat's community ratings are surveys of what our community members think about Mercury General Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Mercury General Corporation (NYSE:MCY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Mercury General Corporation (NYSE:MCY)
Price Target History for Mercury General Corporation (NYSE:MCY)
Analysts' Ratings History for Mercury General Corporation (NYSE:MCY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/2/2016Compass PointLower Price TargetNeutral$55.00 -> $51.00N/AView Rating Details
2/19/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformN/AView Rating Details
11/2/2015Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$50.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Mercury General Corporation (NYSE:MCY)
Earnings by Quarter for Mercury General Corporation (NYSE:MCY)
Earnings History by Quarter for Mercury General Corporation (NYSE MCY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.60N/AView Earnings Details
7/31/2017Q2 2017$0.50$0.68$815.85 million$852.80 millionViewN/AView Earnings Details
5/1/2017Q1 2017$0.55$0.20$829.68 million$811.60 millionViewListenView Earnings Details
2/6/2017Q416$0.56$0.58$827.04 million$768.08 millionViewListenView Earnings Details
10/31/2016Q316$0.57$0.67$785.88 million$808.20 millionViewListenView Earnings Details
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$0.39($0.13)$741.44 million$697.30 millionViewN/AView Earnings Details
11/3/2014Q314$0.61$0.81$742.90 million$720.00 millionViewN/AView Earnings Details
7/28/2014Q214$0.67$0.83$733.20 million$698.80 millionViewN/AView Earnings Details
4/28/2014Q114$0.63$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 Corporation (NYSE:MCY)
Current Year EPS Consensus Estimate: $1.8 EPS
Next Year EPS Consensus Estimate: $2.63 EPS

Dividends

Current Dividend Information for Mercury General Corporation (NYSE:MCY)
Most Recent Dividend:9/28/2017
Annual Dividend:$2.49
Dividend Yield:4.42%
Dividend Growth:0.40% (3 Year Average)
Payout Ratio:172.92% (Trailing 12 Months of Earnings)
138.33% (Based on This Year's Estimates)
94.68% (Based on Next Year's Estimates)
Track Record:31 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Mercury General Corporation (NYSE:MCY)

Dividend History by Quarter for Mercury General Corporation (NYSE MCY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017quarterly$0.624.2%9/13/20179/14/20179/28/2017
5/1/2017quarterly$0.624.36%6/13/20176/15/20176/29/2017
2/6/2017quarterly$0.624.26%3/14/20173/16/20173/30/2017
10/31/2016quarterly$0.624.57%12/13/201612/15/201612/29/2016
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 and Institutional Ownership History for Mercury General Corporation (NYSE:MCY)
Insider Ownership Percentage: 34.30%
Institutional Ownership Percentage: 46.98%
Insider Trades by Quarter for Mercury General Corporation (NYSE:MCY)
Institutional Ownership by Quarter for Mercury General Corporation (NYSE:MCY)
Insider Trades by Quarter for Mercury General Corporation (NYSE:MCY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/4/2017Gabriel TiradorCEOSell2,355$59.00$138,945.00View SEC Filing  
6/14/2017Randall R. PetroVPSell1,672$55.52$92,829.44View SEC Filing  
3/15/2017Allan LubitzVPSell2,650$60.03$159,079.50View SEC Filing  
2/22/2017Christopher GravesInsiderSell9,015$58.05$523,320.75View SEC Filing  
2/21/2017Christopher GravesInsiderSell2,985$58.05$173,279.25View SEC Filing  
11/9/2016Mike CurtiusDirectorSell1,500$56.29$84,435.00View SEC Filing  
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

Headline Trends for Mercury General Corporation (NYSE:MCY)
Latest Headlines for Mercury General Corporation (NYSE:MCY)
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Chart

Mercury General Corporation (MCY) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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