NYSE:MCY

Mercury General Stock Forecast, Price & News

$61.16
+0.43 (+0.71 %)
(As of 07/29/2021 03:59 PM ET)
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Today's Range
$60.81
$61.54
50-Day Range
$57.88
$65.75
52-Week Range
$39.48
$67.88
Volume4,303 shs
Average Volume261,131 shs
Market Capitalization$3.39 billion
P/E Ratio5.46
Dividend Yield4.13%
Beta0.4
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Mercury General logo

About Mercury General

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The company's automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products comprise dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, insurance agencies, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.

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MarketRank

Overall MarketRank

2.44 out of 5 stars

Finance Sector

138th out of 2,043 stocks

Fire, Marine, & Casualty Insurance Industry

12th out of 93 stocks

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 5.0Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
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Mercury General (NYSE:MCY) Frequently Asked Questions

Is Mercury General a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury General in the last year. 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.

What stocks does MarketBeat like better than Mercury General?

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.
View MarketBeat's top stock picks here.

When is Mercury General's next earnings date?

Mercury General is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Mercury General
.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) released its earnings results on Tuesday, May, 4th. The insurance provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.09. The insurance provider had revenue of $951.41 million for the quarter, compared to analyst estimates 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 quarter last year, the business posted $1.07 EPS.
View Mercury General's earnings history
.

How has Mercury General's stock price been impacted by COVID-19?

Mercury General's stock was trading at $39.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MCY stock has increased by 57.2% and is now trading at $61.37.
View which stocks have been most impacted by COVID-19
.

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

Mercury General declared a quarterly dividend on Tuesday, May 4th. Investors of record on Wednesday, June 16th will be given 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 4.12%. The ex-dividend date is Tuesday, June 15th.
View Mercury General's dividend history
.

Is Mercury General a good dividend stock?

Mercury General pays an annual dividend of $2.53 per share and currently has a dividend yield of 4.13%. 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.

Who are Mercury General's key executives?

Mercury General's management team includes the following people:
  • Mr. George Victor Joseph, Exec. Chairman (Age 99, Pay $2.88M)
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 56, Pay $2.88M)
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 58, Pay $1.66M)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 55, Pay $899.09k)
  • Mr. Jeffrey Michael Schroeder, VP & Chief Product Officer (Age 44, Pay $883.92k)
  • Mr. Abby Hosseini, VP & Chief Information Officer (Age 61)
  • Mr. Erik Dahl Thompson, VP of Advter. & PR (Age 52)
  • Mr. Brandt N. Minnich, VP & Chief Marketing Officer (Age 54)
  • Ms. Heidi C. Sullivan, VP & Chief Human Capital Officer (Age 52)
  • Mr. Randall R. Petro, VP & Chief Claims Officer (Age 57)

What is Gabriel Tirador's approval rating as Mercury General's CEO?

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.

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), 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).

What is Mercury General's stock symbol?

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

Who are Mercury General's major shareholders?

Mercury General's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%), DAVENPORT & Co LLC (0.04%), Trust Investment Advisors (0.02%), Oregon Public Employees Retirement Fund (0.02%), New Mexico Educational Retirement Board (0.01%) and Brookstone Capital Management (0.01%). 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
.

Which institutional investors are buying Mercury General stock?

MCY stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Brookstone Capital Management, DAVENPORT & Co LLC, Red Door Wealth Management LLC, New Mexico Educational Retirement Board, Trust Investment Advisors, and Oregon Public Employees Retirement Fund. 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $61.37.

How much money does Mercury General make?

Mercury General has a market capitalization of $3.40 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.

How many employees does Mercury General have?

Mercury General employs 4,300 workers across the globe.

When was Mercury General founded?

Mercury General was founded in 1962.

What is Mercury General's official website?

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

Where are Mercury General's headquarters?

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

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.


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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