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

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

Mercury General declared a quarterly dividend on Monday, February 11th. Investors of record on Thursday, March 14th will be given a dividend of $0.627 per share on Thursday, March 28th. This represents a $2.51 dividend on an annualized basis and a dividend yield of 4.85%. The ex-dividend date of this dividend is Wednesday, March 13th. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) announced its earnings results on Monday, February, 11th. The insurance provider reported ($0.26) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.74 by $1.00. The insurance provider earned $850.70 million during the quarter, compared to analyst estimates of $832.44 million. Mercury General had a positive return on equity of 5.91% and a negative net margin of 0.17%. The business's revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business posted $0.15 earnings per share. View Mercury General's Earnings History.

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Mercury General.

Mercury General will be holding an earnings conference call on Monday, April 29th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778071888.

1 brokerages have issued 1 year price targets for Mercury General's stock. Their predictions range from $69.00 to $69.00. On average, they anticipate Mercury General's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 33.5% from the stock's current price. View Analyst Price Targets 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.

News stories about MCY stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. 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 daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Mercury General include W. R. Berkley (WRB), Alleghany (Y), American Financial Group (AFG), RenaissanceRe (RNR), Kemper (KMPR), Axis Capital (AXS), Hanover Insurance Group (THG), Selective Insurance Group (SIGI), Enstar Group (ESGR), RLI (RLI), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI), National General (NGHC), ASPEN INS HOLDI/SH (AHL) and Navigators Group (NAVG).

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

Mercury General's stock is owned by many different of retail and institutional investors. Top institutional investors include First Manhattan Co. (0.04%), Foundations Investment Advisors LLC (0.04%), Nisa Investment Advisors LLC (0.02%), Quantitative Systematic Strategies LLC (0.01%), Strs Ohio (0.01%) and Mercer Global Advisors Inc. ADV (0.01%). Company insiders that own Mercury General stock include Gabriel Tirador, George Gwyer Braunegg, Joshua Eric Little, Mike Curtius and Randall R Petro. View Institutional Ownership Trends for Mercury General.

MCY stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, First Manhattan Co. and Strs Ohio. View Insider Buying and Selling for Mercury General.

MCY stock was bought by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, KMG Fiduciary Partners LLC, Meeder Asset Management Inc., Flagship Harbor Advisors LLC and Foundations Investment Advisors 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.

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.

One share of MCY stock can currently be purchased for approximately $51.68.

Mercury General has a market capitalization of $2.86 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.

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

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.