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 declared a quarterly dividend on Monday, July 29th. Shareholders 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 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend is Wednesday, September 11th. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) issued its quarterly earnings data on Monday, July, 29th. The insurance provider reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.17. The insurance provider earned $936.10 million during the quarter, compared to analyst estimates of $922.34 million. Mercury General had a net margin of 5.28% and a return on equity of 7.97%. Mercury General's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. 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 brokerages have issued twelve-month price objectives for Mercury General's stock. Their predictions range from $69.00 to $69.00. On average, they expect Mercury General's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 25.7% 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 somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mercury General earned a news impact score of -1.1 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Mercury General.

Mercury General saw a decrease in short interest in 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 trading volume of 214,600 shares, the short-interest ratio is currently 1.7 days. Currently, 1.4% of the shares of the company are short sold. 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 a variety of of institutional and retail 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 purchased 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 $54.88.

Mercury General has a market capitalization of $3.04 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.