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Mercury General Stock Price, News & Analysis (NYSE:MCY)

$54.39
-0.02 (-0.04 %)
(As of 10/20/2019 07:45 AM ET)
Today's Range
$54.08
Now: $54.39
$54.65
50-Day Range
$53.34
MA: $54.68
$56.36
52-Week Range
$48.23
Now: $54.39
$65.22
Volume116,534 shs
Average Volume196,359 shs
Market Capitalization$3.01 billion
P/E Ratio30.22
Dividend Yield4.61%
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$2.86 per share
Book Value$29.23 per share

Profitability

Net Income$-5,720,000.00

Miscellaneous

Employees4,400
Market Cap$3.01 billion
Next Earnings Date10/28/2019 (Confirmed)
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 given a dividend of $0.6275 per share on Thursday, September 26th. This represents a $2.51 annualized dividend and a yield of 4.61%. The ex-dividend date is Wednesday, September 11th. View Mercury General's Dividend History.

How were Mercury General's earnings last quarter?

Mercury General Co. (NYSE:MCY) issued its quarterly earnings data on Monday, July, 29th. The insurance provider reported $0.74 EPS for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.17. The insurance provider earned $936.10 million during the quarter, compared to analyst estimates of $922.34 million. Mercury General had a net margin of 5.28% and a return on equity of 7.97%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS. 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, October 28th 2019. View Earnings Estimates for Mercury General.

How can I listen to Mercury General's earnings call?

Mercury General will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MCY?

1 brokerages have issued 1-year price objectives for Mercury General's stock. Their predictions range from $69.00 to $69.00. On average, they anticipate Mercury General's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 26.9% 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?

Media headlines about MCY stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mercury General earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Mercury General.

Are investors shorting Mercury General?

Mercury General saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 367,900 shares, a drop of 27.4% from the August 30th total of 506,500 shares. Based on an average trading volume of 214,600 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the company's shares are short sold. 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 institutional and retail investors. Top institutional shareholders include Foundations Investment Advisors LLC (0.06%), Stephens Inc. AR (0.05%), Nisa Investment Advisors LLC (0.02%), Pacer Advisors Inc. (0.02%) and State of Alaska Department of Revenue (0.01%). 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 Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Pacer Advisors Inc.. 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 bought by a variety of institutional investors in the last quarter, including Foundations Investment Advisors LLC and Stephens Inc. AR. 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, Robinhood, Fidelity and Charles Schwab.

What is Mercury General's stock price today?

One share of MCY stock can currently be purchased for approximately $54.39.

How big of a company is Mercury General?

Mercury General has a market capitalization of $3.01 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:  194 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  535
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 10/20/2019 by MarketBeat.com Staff

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