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

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$54.09 -0.42 (-0.77 %)
(As of 12/17/2018 01:37 AM ET)
Previous Close$54.09
Today's Range$53.83 - $54.95
52-Week Range$41.40 - $61.83
Volume358,477 shs
Average Volume273,829 shs
Market Capitalization$2.99 billion
P/E Ratio32.98
Dividend Yield4.64%
Beta0.21
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNYSE:MCY
Previous Symbol
CUSIP58940010
Phone323-937-1060

Debt

Debt-to-Equity Ratio0.21
Current Ratio0.40
Quick Ratio0.40

Price-To-Earnings

Trailing P/E Ratio32.98
Forward P/E Ratio19.32
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.42 billion
Price / Sales0.88
Cash Flow$2.6360 per share
Price / Cash Flow20.52
Book Value$31.83 per share
Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$1.64
Net Income$144.87 million
Net Margins2.80%
Return on Equity7.13%
Return on Assets2.37%

Miscellaneous

Employees4,300
Outstanding Shares55,340,000
Market Cap$2.99 billion
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 declared a quarterly dividend on Monday, October 29th. Investors of record on Thursday, December 13th will be given a dividend of $0.6275 per share on Thursday, December 27th. This represents a $2.51 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend is Wednesday, December 12th. This is an increase from Mercury General's previous quarterly dividend of $0.63. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) posted its quarterly earnings data on Monday, October, 29th. The insurance provider reported $1.11 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.73 by $0.38. The insurance provider earned $905.34 million during the quarter, compared to the consensus estimate of $877.06 million. Mercury General had a net margin of 2.80% and a return on equity of 7.13%. The firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the company posted $0.60 earnings per share. 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, February 4th 2019. View Earnings Estimates for Mercury General.

What price target have analysts set for MCY?

1 Wall Street analysts have issued 1 year price targets for Mercury General's shares. 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 27.6% 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?

Headlines about MCY stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mercury General earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Mercury General's key competitors?

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)

Who are Mercury General's major shareholders?

Mercury General's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.57%), Vanguard Group Inc (4.57%), BlackRock Inc. (4.49%), Dimensional Fund Advisors LP (3.72%), Capital Research Global Investors (3.07%) and Renaissance Technologies LLC (2.02%). 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 major investors are selling Mercury General stock?

MCY stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Vanguard Group Inc, Bank of New York Mellon Corp, First Trust Advisors LP, Speece Thorson Capital Group Inc., Riverhead Capital Management LLC and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Mercury General.

Which major investors are buying Mercury General stock?

MCY stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Marshall Wace LLP, Man Group plc, MERIAN GLOBAL INVESTORS UK Ltd, Renaissance Technologies LLC, Paloma Partners Management Co, Frontier Investment Mgmt Co. and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. 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 $54.09.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.99 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.

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:  147 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  410
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 12/17/2018 by MarketBeat.com Staff

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