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

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

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 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Wednesday, March 13th. View Mercury General's Dividend History.

Mercury General Co. (NYSE:MCY) announced its earnings results on Monday, February, 11th. The insurance provider reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $1.00. The insurance provider earned $850.70 million during the quarter, compared to analysts' expectations of $832.44 million. Mercury General had a negative net margin of 0.17% and a positive return on equity of 5.91%. The business's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 EPS. View Mercury General's Earnings History.

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

1 Wall Street analysts have issued 12-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 year. This suggests a possible upside of 38.6% 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.

Media coverage about MCY stock has been trending positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mercury General earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

Some companies that are related to Mercury General include W. R. Berkley (WRB), Alleghany (Y), Everest Re Group (RE), American Financial Group (AFG), RenaissanceRe (RNR), Kemper (KMPR), Axis Capital (AXS), Hanover Insurance Group (THG), Selective Insurance Group (SIGI), Enstar Group (ESGR), RLI (RLI), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI), National General (NGHC) and ASPEN INS HOLDI/SH (AHL).

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), AT&T (T), Ford Motor (F), Prospect Capital (PSEC), Omega Healthcare Investors (OHI), The Coca-Cola (KO) and Altria Group (MO).

Mercury General's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.56%), Dimensional Fund Advisors LP (3.49%), Norges Bank (1.09%), Victory Capital Management Inc. (1.03%), First Trust Advisors LP (0.94%) and MERIAN GLOBAL INVESTORS UK Ltd (0.75%). 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.

MCY stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Bank of New York Mellon Corp, First Trust Advisors LP, Millennium Management LLC, Northern Trust Corp, GSA Capital Partners LLP, Squarepoint Ops LLC 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.

MCY stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, WINTON GROUP Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Victory Capital Management Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Canada Pension Plan Investment Board and BlackRock Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of MCY stock can currently be purchased for approximately $49.80.

Mercury General has a market capitalization of $2.76 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.

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.