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The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NYSE:MCY

Mercury General - MCY Stock Forecast, Price & News

$34.60
-0.16 (-0.46%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$34.38
$34.91
50-Day Range
$32.81
$37.48
52-Week Range
$27.89
$56.21
Volume
145,781 shs
Average Volume
202,733 shs
Market Capitalization
$1.92 billion
P/E Ratio
N/A
Dividend Yield
3.67%
Price Target
$45.00

Mercury General MarketRank™ Forecast

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
30.1% Upside
$45.00 Price Target
Short Interest
Healthy
2.32% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.82
Upright™ Environmental Score
News Sentiment
0.93mentions of Mercury General in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.15) to $1.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Finance Sector

446th out of 891 stocks

Fire, Marine, & Casualty Insurance Industry

25th out of 48 stocks


MCY stock logo

About Mercury General (NYSE:MCY) Stock

Mercury General Corp. operates as a broker and agency writer of automobile insurance. The firm engages in writing personal automobile insurance and provides related property and casualty insurance products to its customers. Its insurance products include private passenger automobile and related insurance products such as homeowners, commercial automobile and commercial property. The company was founded by George Joseph in 1961 and is headquartered in Los Angeles, CA.

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MCY Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
2 Stocks to Protect Yourself from a Recession
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Why Mercury General Stock Soared 26% This Week
Mercury General (MCY) Q3 Earnings Top Estimates
Mercury General Enters Oversold Territory (MCY)
MCY Mercury General Corporation
Mercury Digital Assets Rebrands as Liquid Mercury
See More Headlines
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MCY Company Calendar

Last Earnings
11/01/2022
Ex-Dividend for 12/29 Dividend
12/14/2022
Dividend Payable
12/29/2022
Today
1/29/2023
Next Earnings (Confirmed)
2/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
CUSIP
58940010
Employees
4,300
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$45.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+30.1%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$247.94 million
Pretax Margin
-17.47%

Debt

Sales & Book Value

Annual Sales
$3.99 billion
Cash Flow
$4.31 per share
Book Value
$38.65 per share

Miscellaneous

Free Float
35,714,000
Market Cap
$1.92 billion
Optionable
Optionable
Beta
0.56

Social Links


Key Executives

  • Gabriel Tirador
    President, Chief Executive Officer & Director
  • Victor Joseph
    Chief Operating Officer & Executive Vice President
  • Theodore Robert Stalick
    Chief Financial Officer & Senior Vice President
  • Abby Hosseini
    Chief Information Officer & Vice President
  • Charles Toney
    Chief Actuary & Vice President













MCY Stock - Frequently Asked Questions

Should I buy or sell Mercury General stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury General in the last twelve months. There are currently 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" MCY shares.
View MCY analyst ratings
or view top-rated stocks.

What is Mercury General's stock price forecast for 2023?

1 analysts have issued twelve-month target prices for Mercury General's stock. Their MCY share price forecasts range from $45.00 to $45.00. On average, they anticipate the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for MCY
or view top-rated stocks among Wall Street analysts.

How have MCY shares performed in 2023?

Mercury General's stock was trading at $34.20 at the beginning of the year. Since then, MCY stock has increased by 1.2% and is now trading at $34.60.
View the best growth stocks for 2023 here
.

Are investors shorting Mercury General?

Mercury General saw a decline in short interest in January. As of January 15th, there was short interest totaling 616,800 shares, a decline of 20.4% from the December 31st total of 775,000 shares. Based on an average daily volume of 323,500 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.3% of the company's stock are sold short.
View Mercury General's Short Interest
.

When is Mercury General's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our MCY earnings forecast
.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) announced its quarterly earnings data on Tuesday, November, 1st. The insurance provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.55) by $0.83. The insurance provider had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.05 billion. Mercury General had a negative net margin of 13.43% and a negative trailing twelve-month return on equity of 3.28%.

How often does Mercury General pay dividends? What is the dividend yield for Mercury General?

Mercury General declared a quarterly dividend on Tuesday, November 1st. Investors of record on Thursday, December 15th will be paid a dividend of $0.3175 per share on Thursday, December 29th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for MCY
.

Is Mercury General a good dividend stock?

Mercury General (NYSE:MCY) pays an annual dividend of $1.27 per share and currently has a dividend yield of 3.67%.
Read our dividend analysis for MCY.

What is Gabriel Tirador's approval rating as Mercury General's CEO?

173 employees have rated Mercury General Chief Executive Officer Gabriel Tirador on Glassdoor.com. Gabriel Tirador has an approval rating of 84% among the company's employees.

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 Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T), Pfizer (PFE), Altria Group (MO), Chevron (CVX), Gilead Sciences (GILD), Walgreens Boots Alliance (WBA) and Enterprise Products Partners (EPD).

What is Mercury General's stock symbol?

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

Who are Mercury General's major shareholders?

Mercury General's stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.26%), Exchange Traded Concepts LLC (0.08%), DAVENPORT & Co LLC (0.05%), Hennion & Walsh Asset Management Inc. (0.03%), Yousif Capital Management LLC (0.03%) and Inspire Advisors LLC (0.03%). Insiders that own company stock include Abby Hosseini, Brandt Minnich, Gabriel Tirador, George Joseph and Joshua Eric Little.
View institutional ownership trends
.

How do I buy shares of Mercury General?

Shares of MCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $34.60.

How much money does Mercury General make?

Mercury General (NYSE:MCY) has a market capitalization of $1.92 billion and generates $3.99 billion in revenue each year. The insurance provider earns $247.94 million in net income (profit) each year or ($8.59) on an earnings per share basis.

How many employees does Mercury General have?

The company 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 official website for the company is www.mercuryinsurance.com. The insurance provider can be reached via phone at (323) 937-1060 or via fax at 323-857-7116.

This page (NYSE:MCY) was last updated on 1/29/2023 by MarketBeat.com Staff