×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:MCY

Mercury General Stock Forecast, Price & News

$44.12
+0.11 (+0.25%)
(As of 06/24/2022 12:00 AM ET)
Add
Compare
Today's Range
$44.00
$45.64
50-Day Range
$43.44
$54.37
52-Week Range
$43.33
$66.07
Volume
3.83 million shs
Average Volume
314,983 shs
Market Capitalization
$2.44 billion
P/E Ratio
N/A
Dividend Yield
5.77%
Price Target
N/A
30 days | 90 days | 365 days | Advanced Chart

Receive MCY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mercury General and its competitors with MarketBeat's FREE daily newsletter.

MCY Stock Forecast (MarketRank)

Overall MarketRank

2.29 out of 5 stars

Finance Sector

602nd out of 1,363 stocks

Fire, Marine, & Casualty Insurance Industry

34th out of 74 stocks

Analyst Opinion: 0.0Community Rank: 3.3Dividend Strength: 3.3Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -
Mercury General logo

About Mercury General (NYSE:MCY)

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, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals 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.

MCY Stock News Headlines

See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 3/30 Dividend
3/15/2022
Dividend Payable
3/30/2022
Last Earnings
5/03/2022
Ex-Dividend for 6/30 Dividend
6/15/2022
Today
6/25/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$247.94 million
Pretax Margin
-2.27%

Debt

Sales & Book Value

Annual Sales
$3.99 billion
Cash Flow
$4.33 per share
Book Value
$38.65 per share

Miscellaneous

Free Float
35,714,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
0.42

Social Links















Mercury General Frequently Asked Questions

How has Mercury General's stock performed in 2022?

Mercury General's stock was trading at $53.06 at the start of the year. Since then, MCY stock has decreased by 16.8% and is now trading at $44.12.
View the best growth stocks for 2022 here
.

When is Mercury General's next earnings date?

Mercury General is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Mercury General
.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) posted its quarterly earnings results on Tuesday, May, 3rd. The insurance provider reported ($0.77) EPS for the quarter, missing analysts' consensus estimates of $0.65 by $1.42. The insurance provider had revenue of $1 billion for the quarter, compared to analysts' expectations of $1 billion. Mercury General had a positive trailing twelve-month return on equity of 2.05% and a negative net margin of 1.47%. During the same period last year, the company posted $1.34 earnings per share.
View Mercury General's earnings history
.

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

Mercury General declared a quarterly dividend on Tuesday, May 3rd. Stockholders of record on Thursday, June 16th will be given a dividend of $0.635 per share on Thursday, June 30th. This represents a $2.54 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date is Wednesday, June 15th.
View Mercury General's dividend history
.

Is Mercury General a good dividend stock?

Mercury General(NYSE:MCY) pays an annual dividend of $2.54 per share and currently has a dividend yield of 5.77%. MCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Mercury General's dividend history.

Who are Mercury General's key executives?

Mercury General's management team includes the following people:
  • Mr. George Victor Joseph, Exec. Chairman (Age 100, Pay $1.66M)
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 57, Pay $1.7M)
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 59, Pay $1.05M)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 56, Pay $769k)
  • Mr. Jeffrey Michael Schroeder, VP & Chief Product Officer (Age 45, Pay $605.69k)
  • Mr. Victor George Joseph, Exec. VP & COO (Age 35)
  • Mr. Abby Hosseini, VP & Chief Information Officer (Age 62)
  • Mr. Erik Dahl Thompson, VP of Advter. & PR (Age 53)
  • Mr. Brandt N. Minnich, VP & Chief Marketing Officer (Age 55)
  • Ms. Heidi C. Sullivan, VP & Chief Human Capital Officer (Age 53)

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

173 employees have rated Mercury General CEO Gabriel Tirador on Glassdoor.com. Gabriel Tirador has an approval rating of 84% among Mercury General'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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.79%), BlackRock Inc. (4.58%), Dimensional Fund Advisors LP (2.62%), Renaissance Technologies LLC (2.46%), Invesco Ltd. (2.38%) and State Street Corp (2.30%). Company insiders that own Mercury General stock include Abby Hosseini, Brandt Minnich, Gabriel Tirador, George Gwyer Braunegg, George Joseph and Joshua Eric Little.
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 Renaissance Technologies LLC, Goldman Sachs Group Inc., Robeco Institutional Asset Management B.V., Principal Financial Group Inc., Martingale Asset Management L P, Allianz Asset Management GmbH, SG Americas Securities LLC, and UBS Group AG.
View insider buying and selling activity for Mercury General
or view top insider-selling stocks.

Which major investors are buying Mercury General stock?

MCY stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, BlackRock Inc., First Trust Advisors LP, Invesco Ltd., New York State Common Retirement Fund, Charles Schwab Investment Management Inc., ProShare Advisors LLC, and IFG Advisory LLC.
View insider buying and selling activity for Mercury General
or or view top insider-buying stocks.

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 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 $44.12.

How much money does Mercury General make?

Mercury General (NYSE:MCY) has a market capitalization of $2.44 billion and generates $3.99 billion in revenue each year. The insurance provider earns $247.94 million in net income (profit) each year or ($1.02) on an earnings per share basis.

How many employees does Mercury General have?

Mercury General employs 4,300 workers across the globe.

When was Mercury General founded?

Mercury General was founded in 1962.

How can I contact Mercury General?

Mercury General's mailing address is 4484 WILSHIRE BOULEVARD, LOS ANGELES CA, 90010. The official website for Mercury General 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 6/25/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.