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

$53.05
+0.14 (+0.26 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$52.52
Now: $53.05
$53.34
50-Day Range
$52.45
MA: $60.31
$64.81
52-Week Range
$47.96
Now: $53.05
$65.22
Volume177,900 shs
Average Volume270,024 shs
Market Capitalization$2.94 billion
P/E Ratio29.47
Dividend Yield4.74%
Beta0.25
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. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP58940010
Phone323-937-1060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Cash Flow$2.8722 per share
Book Value$31.94 per share

Profitability

Net Income$-5,720,000.00

Miscellaneous

Employees4,400
Market Cap$2.94 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Monday, July 29th. Investors 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 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend is Wednesday, September 11th. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) announced its quarterly earnings data on Monday, July, 29th. The insurance provider reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.17. The insurance provider earned $936.10 million during the quarter, compared to the consensus estimate of $922.34 million. Mercury General had a net margin of 5.28% and a return on equity of 7.97%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 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, November 4th 2019. View Earnings Estimates for Mercury General.

What price target have analysts set for MCY?

1 equities research analysts have issued 12-month price objectives for Mercury General's shares. Their forecasts range from $69.00 to $69.00. On average, they expect Mercury General's stock price to reach $69.00 in the next year. This suggests a possible upside of 30.1% 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?

News stories about MCY stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public 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 -2.3 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Mercury General.

Are investors shorting Mercury General?

Mercury General saw a decline in short interest in July. As of July 31st, there was short interest totalling 708,200 shares, a decline of 19.2% from the June 30th total of 876,000 shares. Based on an average trading volume of 250,500 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.6% of the shares of the stock are sold short. View Mercury General's Current Options Chain.

Who are some of Mercury General's key competitors?

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 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).

Who are Mercury General's key executives?

Mercury General's management team includes the folowing people:
  • Mr. Theodore Robert Stalick, Sr. VP & CFO (Age 56)
  • Mr. Christopher Wadewitz Graves, VP & Chief Investment Officer (Age 53)
  • Mr. Gabriel Tirador, Pres, CEO & Director (Age 54)
  • Abby Hosseini, Chief Information Officer & VP (Age 59)
  • Mr. Erik Dahl Thompson, VP of Advter. & PR (Age 50)

Who are Mercury General's major shareholders?

Mercury General's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.75%), BlackRock Inc. (4.39%), Renaissance Technologies LLC (3.11%), Invesco Ltd. (2.98%), Vaughan Nelson Investment Management L.P. (1.46%) and Westwood Holdings Group Inc. (1.40%). 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.

Which major investors are selling Mercury General stock?

MCY stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., KBC Group NV, Paloma Partners Management Co, Bank of America Corp DE, Wells Fargo & Company MN and First Trust Advisors LP. 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.

Which major investors are buying Mercury General stock?

MCY stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., Invesco Ltd., WBI Investments Inc., AQR Capital Management LLC, Man Group plc and Prudential Financial 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.

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 $53.05.

How big of a company is Mercury General?

Mercury General has a market capitalization of $2.94 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.

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:  186 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  503
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 8/18/2019 by MarketBeat.com Staff

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