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. Stockholders of record on Thursday, March 14th will be paid 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 4.89%. The ex-dividend date 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by $1.00. The insurance provider earned $850.70 million during the quarter, compared to the consensus estimate of $832.44 million. Mercury General had a positive return on equity of 5.91% and a negative net margin of 0.17%. Mercury General's revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous 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 brokers have issued twelve-month target prices for Mercury General's stock. Their forecasts range from $69.00 to $69.00. On average, they anticipate Mercury General's share price to reach $69.00 in the next year. This suggests a possible upside of 34.6% 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 positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mercury General earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.

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), Johnson & Johnson (JNJ), AT&T (T), 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 a variety of of retail and institutional investors. Top institutional shareholders include First Manhattan Co. (0.04%), Foundations Investment Advisors LLC (0.04%), Nisa Investment Advisors LLC (0.02%), Quantitative Systematic Strategies LLC (0.01%), Mercer Global Advisors Inc. ADV (0.01%) and KMG Fiduciary Partners LLC (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 and First Manhattan Co.. View Insider Buying and Selling for Mercury General.

MCY stock was acquired by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, 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 $51.27.

Mercury General has a market capitalization of $2.84 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.