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

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$51.18 -0.07 (-0.14 %)
(As of 04/18/2019 03:09 PM ET)
Previous Close$51.25
Today's Range$51.14 - $51.50
52-Week Range$43.46 - $61.83
Volume1,415 shs
Average Volume436,110 shs
Market Capitalization$2.83 billion
P/E Ratio28.51
Dividend Yield4.88%
Beta0.23
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 1961 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP58940010
Phone323-937-1060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Cash Flow$2.9096 per share
Book Value$29.23 per share

Profitability

Net Income$-5,720,000.00

Miscellaneous

Employees4,400
Market Cap$2.83 billion
Next Earnings Date4/29/2019 (Confirmed)
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 11th. Investors of record on Thursday, March 14th will be given a dividend of $0.627 per share on Thursday, March 28th. This represents a $2.51 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Wednesday, March 13th. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) issued its quarterly earnings data 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 had revenue of $850.70 million for the quarter, compared to analysts' expectations of $832.44 million. Mercury General had a positive return on equity of 5.91% and a negative net margin of 0.17%. The business's revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. View Mercury General's Earnings History.

When is Mercury General's next earnings date?

Mercury General is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Mercury General.

How can I listen to Mercury General's earnings call?

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.

What price target have analysts set for MCY?

1 equities research analysts have issued twelve-month price targets for Mercury General's stock. Their forecasts range from $69.00 to $69.00. On average, they expect Mercury General's share price to reach $69.00 in the next year. This suggests a possible upside of 34.8% 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mercury General.

Has Mercury General been receiving favorable news coverage?

News headlines about MCY stock have been trending neutral on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. 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 daily sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of Mercury General's key competitors?

What other stocks do shareholders of Mercury General own?

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).

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 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.

Which institutional investors are selling Mercury General stock?

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.

Which institutional investors are buying Mercury General stock?

MCY stock was bought 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.

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 $51.18.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.83 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.

What is Mercury General's official website?

The official website for Mercury General is http://www.mercuryinsurance.com.

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)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  453
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.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

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