Mercury General Stock Forecast, Price & News

Mercury General's stock was trading at $53.06 at the start of the year. Since then, MCY stock has decreased by 17.3% and is now trading at $43.87.
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Mercury General is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Mercury General.

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.

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 5.79%. The ex-dividend date is Wednesday, June 15th.
View Mercury General's dividend history.

Mercury General(NYSE:MCY) pays an annual dividend of $2.54 per share and currently has a dividend yield of 5.67%. 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.

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.

Some companies that are related to Mercury General include Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Markel (MKL), Arch Capital Group (ACGL), CNA Financial (CNA), Fidelity National Financial (FNF), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), Selective Insurance Group (SIGI), The Hanover Insurance Group (THG) and AXIS Capital (AXS).
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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).

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

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.

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.

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.

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.
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One share of MCY stock can currently be purchased for approximately $43.87.

Mercury General (NYSE:MCY) has a market capitalization of $2.43 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.

Mercury General employs 4,300 workers across the globe.

Mercury General was founded in 1962.

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.