Mercury General Stock Price, News & Analysis (NYSE:MCY)

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

Mercury General announced a quarterly dividend on Monday, July 29th. Investors of record on Thursday, September 12th will be paid a dividend of $0.6275 per share on Thursday, September 26th. This represents a $2.51 annualized dividend and a yield of 4.59%. The ex-dividend date is Wednesday, September 11th. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) released its earnings results on Monday, July, 29th. The insurance provider reported $0.74 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.17. The insurance provider had revenue of $936.10 million for the quarter, compared to analyst estimates of $922.34 million. Mercury General had a return on equity of 7.97% and a net margin of 5.28%. The firm's revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. View Mercury General's Earnings History.

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Mercury General.

Mercury General will be holding an earnings conference call on Monday, October 28th 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 equities research analysts have issued 1-year target prices for Mercury General's shares. Their forecasts range from $69.00 to $69.00. On average, they anticipate Mercury General's stock price to reach $69.00 in the next year. This suggests a possible upside of 26.3% 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 headlines about MCY stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mercury General earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Mercury General.

Mercury General saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 367,900 shares, a decrease of 27.4% from the August 30th total of 506,500 shares. Based on an average daily volume of 214,600 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the company's stock are sold short. View Mercury General's Current Options Chain.

Some companies that are related to Mercury General include Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Alleghany (Y), Everest Re Group (RE), American Financial Group (AFG), RenaissanceRe (RNR), Hanover Insurance Group (THG), Axis Capital (AXS), Kemper (KMPR), Selective Insurance Group (SIGI), RLI (RLI), Enstar Group (ESGR), White Mountains Insurance Group (WTM), National General (NGHC), Kinsale Capital Group (KNSL) and ProAssurance (PRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include General Electric (GE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Intel (INTC), Prospect Capital (PSEC), The Coca-Cola (KO), Altria Group (MO), Alibaba Group (BABA), Chevron (CVX) and Omega Healthcare Investors (OHI).

Mercury General's stock is owned by many different of retail and institutional investors. Top institutional investors include Foundations Investment Advisors LLC (0.06%), Pacer Advisors Inc. (0.02%) and State of Alaska Department of Revenue (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 State of Alaska Department of Revenue and Pacer Advisors Inc.. Company insiders that have sold Mercury General company stock in the last year include Charles Toney and Mike Curtius. View Insider Buying and Selling for Mercury General.

MCY stock was bought by a variety of institutional investors in the last quarter, including 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, Robinhood, Fidelity and Charles Schwab.

One share of MCY stock can currently be purchased for approximately $54.63.

Mercury General has a market capitalization of $3.02 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.