NYSE:MCY Mercury General - MCY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mercury General Co. Please log in to your account or sign up in order to add this asset to your watchlist. $34.63 -0.13 (-0.37%) (As of 01/27/2023 02:53 PM ET) Add Compare Share Share Today's Range$34.38▼$34.9150-Day Range$32.81▼$37.4852-Week Range$27.89▼$56.21Volume69,668 shsAverage Volume209,515 shsMarket Capitalization$1.92 billionP/E RatioN/ADividend Yield3.65%Price Target$45.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Mercury General MarketRank™ ForecastAnalyst RatingStrong Buy4.00 Rating ScoreUpside/Downside30.4% Upside$45.00 Price TargetShort InterestHealthy2.32% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment1.24Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.15) to $1.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.28 out of 5 starsFinance Sector466th out of 900 stocksFire, Marine, & Casualty Insurance Industry25th out of 48 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Mercury General has a forecasted upside of 30.4% from its current price of $34.50.Amount of Analyst CoverageMercury General has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.32% of the float of Mercury General has been sold short.Short Interest Ratio / Days to CoverMercury General has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mercury General has recently decreased by 20.41%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipMercury General is a leading dividend payer. It pays a dividend yield of 3.65%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMercury General does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Mercury General will have a dividend payout ratio of 120.95% in the coming year. This indicates that Mercury General may not be able to sustain their current dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercury General has received a 5.66% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Home contents insurance services for individuals", and "Landlord's insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Mercury General is -0.82. Previous Next 2.9 News and Social Media Coverage News SentimentMercury General has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Mercury General this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for MCY on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Mercury General to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercury General insiders have not sold or bought any company stock.Percentage Held by Insiders35.50% of the stock of Mercury General is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.54% of the stock of Mercury General is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Mercury General are expected to grow in the coming year, from ($1.15) to $1.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercury General is -4.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercury General is -4.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMercury General has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mercury General (NYSE:MCY) StockMercury 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.Read More 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. Email Address MCY Stock News HeadlinesJanuary 19, 2023 | finance.yahoo.comMercury Insurance to Celebrate 'Community Hero' at LA Kings Home GamesJanuary 19, 2023 | finance.yahoo.comMercury Insurance and Anaheim Ducks Celebrate 'Community Champions'January 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.January 14, 2023 | finance.yahoo.comMercury Insurance Ready to Assist California Policyholders Impacted by Recent StormsJanuary 13, 2023 | finance.yahoo.comMERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 14, 2023December 22, 2022 | markets.businessinsider.com2 Stocks to Protect Yourself from a RecessionDecember 20, 2022 | finance.yahoo.comMercury Insurance partners with The Bear Fund and Cancer Support Community to Make a Dream Come True for a Young Cancer PatientDecember 19, 2022 | finance.yahoo.comMercury Insurance Offers New Coverages and Discounts in GeorgiaJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.December 12, 2022 | finance.yahoo.comMercury Insurance Offers New Coverages and Discounts in OklahomaDecember 9, 2022 | finance.yahoo.comDon't Buy Mercury General Corporation (NYSE:MCY) For Its Next Dividend Without Doing These ChecksNovember 30, 2022 | finance.yahoo.comMercury Insurance Recognized as 'Best of the Southland' by Los Angeles Times' ReadersNovember 22, 2022 | finance.yahoo.comMercury Offers a Holiday Buyer's Guide for Insurance SavingsNovember 8, 2022 | msn.comMercury General's Return On Capital Employed OverviewNovember 5, 2022 | msn.comWhy Mercury General Stock Soared 26% This WeekNovember 5, 2022 | finance.yahoo.comWhy Mercury General Stock Soared 26% This WeekNovember 4, 2022 | finance.yahoo.comMercury General stock charges up toward 3-month higher after triple upgrade at Raymond JamesNovember 2, 2022 | finance.yahoo.comMercury General (MCY) Q3 Earnings Top EstimatesOctober 26, 2022 | ca.finance.yahoo.comMercury General (NYSE:MCY investor one-year losses grow to 47% as the stock sheds US$136m this past weekOctober 6, 2022 | finance.yahoo.comForbes Recognizes Mercury Insurance as One of the 'Best Insurance Companies in America' for 2023October 4, 2022 | finance.yahoo.comMERCURY GENERAL CORPORATION TO REPORT THIRD QUARTER RESULTS ON NOVEMBER 1, 2022October 4, 2022 | nasdaq.comMercury General Corp. Shares Near 52-Week Low - Market MoverSeptember 30, 2022 | nasdaq.comMercury General Enters Oversold Territory (MCY)September 30, 2022 | seekingalpha.comMCY Mercury General CorporationSeptember 29, 2022 | finance.yahoo.comMercury Insurance Is Ready To Assist Policyholders Impacted by Hurricane IanSeptember 23, 2022 | msn.comMercury Prize rescheduled after it was dramatically axed hours after Queen's deathSeptember 13, 2022 | technews.tmcnet.comMercury Digital Assets Rebrands as Liquid MercurySee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address MCY Company Calendar Last Earnings11/01/2022Ex-Dividend for 12/29 Dividend12/14/2022Dividend Payable12/29/2022Today1/27/2023Next Earnings (Confirmed)2/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:MCY CUSIP58940010 CIK64996 Webwww.mercuryinsurance.com Phone(323) 937-1060Fax323-857-7116Employees4,300Year Founded1962Price Target and Rating Average Stock Price Forecast$45.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+29.9%Consensus RatingStrong Buy Rating Score (0-4)4.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($8.59) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$247.94 million Net Margins-13.43% Pretax Margin-17.47% Return on Equity-3.28% Return on Assets-0.90% Debt Debt-to-Equity Ratio0.24 Current Ratio0.27 Quick Ratio0.27 Sales & Book Value Annual Sales$3.99 billion Price / Sales0.48 Cash Flow$4.25 per share Price / Cash Flow8.15 Book Value$38.65 per share Price / Book0.90Miscellaneous Outstanding Shares55,371,000Free Float35,714,000Market Cap$1.92 billion OptionableOptionable Beta0.56 Social Links Key ExecutivesGabriel TiradorPresident, Chief Executive Officer & DirectorVictor JosephChief Operating Officer & Executive Vice PresidentTheodore Robert StalickChief Financial Officer & Senior Vice PresidentAbby HosseiniChief Information Officer & Vice PresidentCharles ToneyChief Actuary & Vice PresidentKey CompetitorsSafety Insurance GroupNASDAQ:SAFTEmployersNYSE:EIGAMERISAFENASDAQ:AMSFProAssuranceNYSE:PRAUnited Fire GroupNASDAQ:UFCSView All CompetitorsInsiders & InstitutionsInspire Advisors LLCBought 6,660 shares on 1/26/2023Ownership: 0.029%Comerica BankSold 4,580 shares on 1/26/2023Ownership: 0.028%Inspire Investing LLCSold 317 shares on 1/26/2023Ownership: 0.013%DAVENPORT & Co LLCSold 1,183 shares on 1/20/2023Ownership: 0.046%Counterpoint Mutual Funds LLCBought 4,500 shares on 1/19/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions 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 brokerages have issued twelve-month price targets for Mercury General's shares. Their MCY share price forecasts range from $45.00 to $45.00. On average, they expect the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 30.3% 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 on January 1st, 2023. Since then, MCY shares have increased by 1.0% and is now trading at $34.53. View the best growth stocks for 2023 here. Are investors shorting Mercury General? Mercury General saw a decline in short interest during the month of 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 trading volume, of 323,500 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.3% of the shares of the company 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) released its quarterly earnings results on Tuesday, November, 1st. The insurance provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of ($0.55) by $0.83. The insurance provider earned $1.04 billion during the quarter, compared to analysts' expectations of $1.05 billion. Mercury General had a negative trailing twelve-month return on equity of 3.28% and a negative net margin of 13.43%. 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 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend 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 3.65%. 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 a variety of 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 $34.53. How much money does Mercury General make? Mercury General (NYSE:MCY) has a market capitalization of $1.91 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 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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