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. The company sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1960 and is headquartered in Los Angeles, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:MCY
CUSIP58940010
Phone323-937-1060
Debt
Debt-to-Equity Ratio0.22
Current Ratio0.40
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio32.27
Forward P/E Ratio24.00
P/E Growth0.68
Sales & Book Value
Annual Sales$3.42 billion
Price / Sales0.86
Cash Flow$2.6591 per share
Price / Cash19.86
Book Value$31.83 per share
Price / Book1.66
Profitability
EPS (Most Recent Fiscal Year)$1.64
Net Income$144.87 million
Net Margins2.48%
Return on Equity5.44%
Return on Assets1.84%
Miscellaneous
Employees4,300
Outstanding Shares55,330,000
Market Cap$2.90 billion
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, July 30th. Investors of record on Thursday, September 13th will be paid a dividend of $0.625 per share on Thursday, September 27th. This represents a $2.50 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date of this dividend is Wednesday, September 12th. View Mercury General's Dividend History.
How were Mercury General's earnings last quarter?
Mercury General Co. (NYSE:MCY) issued its earnings results on Monday, July, 30th. The insurance provider reported $0.88 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.33. The insurance provider earned $871.10 million during the quarter, compared to analyst estimates of $849.56 million. Mercury General had a net margin of 2.48% and a return on equity of 5.44%. The business's quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.68 earnings per share. View Mercury General's Earnings History.
When is Mercury General's next earnings date?
Who are some of Mercury General's key competitors?
Some companies that are related to Mercury General include American Financial Group (AFG), Alleghany (Y), W. R. Berkley (WRB), Everest Re Group (RE), Validus (VR), Hanover Insurance Group (THG), RenaissanceRe (RNR), Kemper (KMPR), Axis Capital (AXS), Enstar Group (ESGR), Selective Insurance Group (SIGI), RLI (RLI), White Mountains Insurance Group (WTM), National General (NGHC) and AmTrust Financial Services (AFSI).
Who are Mercury General's key executives?
Mercury General's management team includes the folowing people:
- Mr. Gabriel Tirador, Pres, CEO & Director (Age 53)
- Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 55)
- Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 52)
- Abby Hosseini, Chief Information Officer & VP
- Mr. Erik Thompson, VP of Advter. & PR (Age 49)
Has Mercury General been receiving favorable news coverage?
Press coverage about MCY stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mercury General earned a coverage optimism score of 0.14 on Accern's scale. They also gave media headlines about the insurance provider an impact score of 49.50 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Mercury General.
Who are Mercury General's major shareholders?
Mercury General's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.32%), Dimensional Fund Advisors LP (3.71%), Renaissance Technologies LLC (1.77%), First Trust Advisors LP (1.21%), Bank of New York Mellon Corp (0.97%) and Wells Fargo & Company MN (0.71%). Company insiders that own Mercury General stock include Allan Lubitz, Christopher Graves, Gabriel Tirador, Joshua Eric Little, Mike Curtius and Randall R Petro. View Institutional Ownership Trends for Mercury General.
Which institutional investors are selling Mercury General stock?
MCY stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voya Investment Management LLC, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Bank of America Corp DE, Viking Fund Management LLC, Federated Investors Inc. PA and SG Americas Securities LLC. View Insider Buying and Selling for Mercury General.
Which institutional investors are buying Mercury General stock?
MCY stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, First Trust Advisors LP, Macquarie Group Ltd., BlackRock Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Bank of New York Mellon Corp and Schwab Charles Investment Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Mercury General's stock price today?
One share of MCY stock can currently be purchased for approximately $52.81.
How big of a company is Mercury General?
Mercury General has a market capitalization of $2.90 billion and generates $3.42 billion in revenue each year. The insurance provider earns $144.87 million in net income (profit) each year or $1.64 on an earnings per share basis. Mercury General employs 4,300 workers across the globe.
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.
