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

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

Mercury General declared a quarterly dividend on Monday, October 28th. Shareholders 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 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Wednesday, December 11th. This is a positive change from Mercury General's previous quarterly dividend of $0.63. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) issued its quarterly earnings results on Monday, October, 28th. The insurance provider reported $0.78 earnings per share (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 the consensus estimate of $968.71 million. Mercury General had a return on equity of 6.81% and a net margin of 5.43%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.11 earnings per share. View Mercury General's Earnings History.

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Mercury General.

Mercury General will be holding an earnings conference call on Monday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokers have issued 12-month target prices for Mercury General's shares. Their forecasts range from $50.00 to $50.00. On average, they anticipate Mercury General's stock price to reach $50.00 in the next year. This suggests a possible upside of 4.4% 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mercury General.

Media coverage about MCY stock has trended positive this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing 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 closest to five being the most favorable. Mercury General earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Mercury General.

Mercury General saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 567,200 shares, an increase of 11.0% from the November 28th total of 510,800 shares. Based on an average daily trading volume, of 201,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.1% of the company's shares are sold short. View Mercury General's Current Options Chain.

Some companies that are related to Mercury General include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Cincinnati Financial (CINF), Markel (MKL), Fidelity National Financial (FNF), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), Hanover Insurance Group (THG) and Axis Capital (AXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include Altria Group (MO), Exxon Mobil (XOM), AT&T (T), Verizon Communications (VZ), Philip Morris International (PM), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Las Vegas Sands (LVS), Wells Fargo & Co (WFC) and Bank of Nova Scotia (BNS).

Mercury General's stock is owned by a number of of institutional and retail investors. Top institutional investors include Foundations Investment Advisors LLC (0.06%), Nisa Investment Advisors LLC (0.03%), 6 Meridian (0.02%), Murphy Middleton Hinkle & Parker Inc. (0.01%), State of Alaska Department of Revenue (0.01%) and FNY Investment Advisers LLC (0.01%). 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.

MCY stock was sold by a variety of institutional investors in the last quarter, including Murphy Middleton Hinkle & Parker Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Mercury General.

MCY stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Nisa Investment Advisors LLC, Foundations Investment Advisors LLC and 6 Meridian. 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, Robinhood, Fidelity and Charles Schwab.

One share of MCY stock can currently be purchased for approximately $47.90.

Mercury General has a market capitalization of $2.65 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.

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.