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Mercury General Stock Price, Forecast & Analysis (NYSE:MCY)

$48.92
-0.30 (-0.61 %)
(As of 11/15/2019 04:58 AM ET)
Today's Range
$48.78
Now: $48.92
$49.41
50-Day Range
$47.36
MA: $52.32
$55.97
52-Week Range
$46.69
Now: $48.92
$65.22
Volume149,001 shs
Average Volume298,235 shs
Market Capitalization$2.71 billion
P/E Ratio27.18
Dividend Yield5.10%
Beta0.21
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. Read More…

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$3.38 billion
Cash Flow$2.87 per share
Book Value$32.56 per share

Profitability

Net Income$-5,720,000.00

Miscellaneous

Employees4,400
Market Cap$2.71 billion
Next Earnings Date2/10/2020 (Estimated)
OptionableOptionable

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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, October 28th. Stockholders of record on Thursday, December 12th will be given a dividend of $0.63 per share on Thursday, December 26th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Wednesday, December 11th. This is an increase 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) posted its earnings results on Monday, October, 28th. The insurance provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.00 by $0.22. The insurance provider had revenue of $983.10 million for the quarter, compared to analyst estimates of $968.71 million. Mercury General had a net margin of 5.43% and a return on equity of 6.81%. The business's revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.11 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 10th 2020. View Earnings Estimates for Mercury General.

What price target have analysts set for MCY?

1 analysts have issued twelve-month target prices for Mercury General's shares. Their forecasts range from $50.00 to $50.00. On average, they expect Mercury General's stock price to reach $50.00 in the next year. This suggests a possible upside of 2.2% 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mercury General.

Has Mercury General been receiving favorable news coverage?

Press coverage about MCY stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mercury General earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Mercury General.

Are investors shorting Mercury General?

Mercury General saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 522,300 shares, an increase of 42.0% from the September 15th total of 367,900 shares. Based on an average daily volume of 205,800 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.9% of the company's stock are short sold. View Mercury General's Current Options Chain.

Who are some of Mercury General's key competitors?

What other stocks do shareholders of Mercury General own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include Verizon Communications (VZ), General Electric (GE), Johnson & Johnson (JNJ), The Coca-Cola (KO), Altria Group (MO), Intel (INTC), Prospect Capital (PSEC), Cisco Systems (CSCO), Alibaba Group (BABA) and Chevron (CVX).

Who are Mercury General's key executives?

Mercury General's management team includes the folowing people:
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 56)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 53)
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 54)
  • Abby Hosseini, Chief Information Officer & VP (Age 59)
  • Mr. Erik Dahl 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 institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.45%), Mackay Shields LLC (0.25%), First Trust Advisors LP (0.14%), Rhumbline Advisers (0.13%), California Public Employees Retirement System (0.12%) and New York State Teachers Retirement System (0.11%). Company insiders that own Mercury General stock include Charles Toney, George Gwyer Braunegg, Joshua Eric Little and Mike Curtius. 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 Dupont Capital Management Corp, Vaughan Nelson Investment Management L.P., SG Americas Securities LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Strs Ohio, Virginia Retirement Systems ET AL and Pacer Advisors Inc.. View Insider Buying and Selling for Mercury General.

Which institutional investors are buying Mercury General stock?

MCY stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, California Public Employees Retirement System, Mackay Shields LLC, Russell Investments Group Ltd., 6 Meridian, 6 Meridian, Foundations Investment Advisors LLC and Symmetry Partners LLC. Company insiders that have bought Mercury General stock in the last two years include George Gwyer Braunegg and Joshua Eric Little. 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, Robinhood, Fidelity and Charles Schwab.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $48.92.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.71 billion and generates $3.38 billion in revenue each year. The insurance provider earns $-5,720,000.00 in net income (profit) each year or $1.80 on an earnings per share basis. Mercury General employs 4,400 workers across the globe.View Additional Information About Mercury General.

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:  200 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  554
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 11/15/2019 by MarketBeat.com Staff

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