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.
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Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone323-937-1060
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.97 billion
Profitability
Miscellaneous
Employees4,500
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable
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, February 10th. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.63 per share on Tuesday, March 31st. This represents a $2.52 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend is Monday, March 16th. View Mercury General's Dividend History.
How were Mercury General's earnings last quarter?
Mercury General Co. (NYSE:MCY) announced its earnings results on Monday, February, 10th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.03. The insurance provider had revenue of $896.10 million for the quarter, compared to analysts' expectations of $884.63 million. Mercury General had a return on equity of 8.13% and a net margin of 8.06%. Mercury General's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.26) EPS. View Mercury General's Earnings History.
When is Mercury General's next earnings date?
What price target have analysts set for MCY?
1 brokerages have issued 12-month target prices for Mercury General's stock. 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 12.8% 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?
Media stories about MCY stock have been trending very negative on Friday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring 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 media sentiment score of -3.5 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Mercury General.
Are investors shorting Mercury General?
Mercury General saw a increase in short interest in February. As of February 14th, there was short interest totalling 762,000 shares, an increase of 13.7% from the January 30th total of 670,300 shares. Based on an average trading volume of 236,200 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.8% of the company's stock are sold short. View Mercury General's Current Options Chain.
Who are some of Mercury General's key competitors?
Some companies that are related to Mercury General include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS) and Hanover Insurance Group (THG).
What other stocks do shareholders of Mercury General own?
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 Renaissance Technologies LLC (3.88%), State Street Corp (1.84%), Goldman Sachs Group Inc. (1.40%), Westwood Holdings Group Inc. (1.38%), Vaughan Nelson Investment Management L.P. (1.31%) and AQR Capital Management LLC (1.22%). 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 major investors are selling Mercury General stock?
MCY stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Vaughan Nelson Investment Management L.P., Westwood Holdings Group Inc., Russell Investments Group Ltd., State Street Corp, Principal Financial Group Inc., Barclays PLC and Bank of America Corp DE. View Insider Buying and Selling for Mercury General.
Which major investors are buying Mercury General stock?
MCY stock was bought by a variety of institutional investors in the last quarter, including Absher Wealth Management LLC, AQR Capital Management LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Renaissance Technologies LLC, Southside Capital LLC, California Public Employees Retirement System and ProShare 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.
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 $44.33.
How big of a company is Mercury General?
Mercury General has a market capitalization of $2.45 billion and generates $3.97 billion in revenue each year. The insurance provider earns $320.09 million in net income (profit) each year or $2.60 on an earnings per share basis. Mercury General employs 4,500 workers across the globe.View Additional Information About Mercury General.
What is Mercury General's official website?
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)
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.
