Summary
58.41 0.54(0.93%)09/13/2024
Mercury General Corp. (MCY)
Mercury General Corp. (MCY)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.99 | -5.88 | -2.54 | 14.82 | 23.07 | 100.24 | 28.74 | 4,325.00 |
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| Trading Data | ||
| Close | 58.41 | |
| Open | 58.35 | |
| High | 58.77 | |
| Low | 57.62 | |
| Volume | 393,780 | |
| Change | 0.57 | |
| Change % | 0.99 | |
| Avg Volume (20 Days) | 274,090 | |
| Volume/Avg Volume (20 Days) Ratio | 1.44 | |
| 52 Week Range | 27.27 - 67.11 | |
| Price vs 52 Week High | -12.96% | |
| Price vs 52 Week Low | 114.19% | |
| Range | 0.10 | |
| Gap Up/Down | -0.58 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,234 | |
| EBIDTA | 349,903,008 | |
| PE Ratio | 14.7969 | |
| PEG Ratio | 1.1900 | |
| WallStreet Target Price | 65.00 | |
| Book Value | 28.9690 | |
| Earnings Per Share | 3.8900 | |
| EPS Estimate Current Quarter | 0.1200 | |
| EPS Estimate Next Quarter | 1.0200 | |
| EPS Estimate Current Year | 4.2000 | |
| EPS Estimate Next Year | 4.9500 | |
| Diluted EPS (TTM) | 3.8900 | |
| Revenues | ||
| Profit Marging | 0.0448 | |
| Operating Marging (TTM) | 0.0761 | |
| Return on asset (TTM) | 0.0248 | |
| Return on equity (TTM) | 0.1404 | |
| Revenue TTM | 4,797,136,896 | |
| Revenue per share TTM | 86.6360 | |
| Quarterly Revenue Growth (YOY) | 0.1510 | |
| Quarterly Earnings Growth (YOY) | -0.8170 | |
| Gross Profit (TTM) | -361,965,000 | |
| Dividends | ||
| Dividend Share | 1.2700 | |
| Dividend Yield | 0.0221 | |
| Valuations | ||
| Trailing PE | 14.7969 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.8205 | |
| Revenue Enterprise Value | 0.6168 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 55,371,100 | |
| Shares Float | 26,537,720 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.03 | |
| Insider (%) | 52.04 | |
| Institutions (%) | 41.76 | |
09/03 12:00 EST - prnewswire.com
Bodily Injury Costs Increase in Illinois, According to Mercury Insurance
Mercury's New Umbrella Insurance Better Protects Illinoisans' Personal Wealth Against Bodily Injury Claims LOS ANGELES , Sept. 3, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Illinoisans' personal financial health at risk.
Bodily Injury Costs Increase in Illinois, According to Mercury Insurance
Mercury's New Umbrella Insurance Better Protects Illinoisans' Personal Wealth Against Bodily Injury Claims LOS ANGELES , Sept. 3, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Illinoisans' personal financial health at risk.
08/30 09:01 EST - zacks.com
5 Relative Price Strength Stocks That You Should Buy Now
SNCR, MCY, UHS, VCYT and MWA are five stocks with explosive relative price strength.
5 Relative Price Strength Stocks That You Should Buy Now
SNCR, MCY, UHS, VCYT and MWA are five stocks with explosive relative price strength.
08/27 10:15 EST - zacks.com
Mercury General Corporation (MCY) Hit a 52 Week High, Can the Run Continue?
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Mercury General Corporation (MCY) Hit a 52 Week High, Can the Run Continue?
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
08/22 13:00 EST - zacks.com
Mercury General (MCY) Is Up 0.60% in One Week: What You Should Know
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Mercury General (MCY) Is Up 0.60% in One Week: What You Should Know
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
08/15 07:18 EST - seekingalpha.com
Comparing Safety Insurance And Mercury General: Q2 2024 Results Highlight Diverging Paths
Safety Insurance struggled with underwriting losses in the first half of 2024 despite improvements in Q2, highlighting ongoing challenges in its portfolio. Mercury General has shown signs of recovery, achieving a combined ratio below 100% in the first half of 2024, positioning itself more favorably compared to Safety Insurance. Although Safety Insurance's dividend remains covered due to higher investment income, the company's elevated valuation may face pressure if portfolio remediation efforts don't succeed.
Comparing Safety Insurance And Mercury General: Q2 2024 Results Highlight Diverging Paths
Safety Insurance struggled with underwriting losses in the first half of 2024 despite improvements in Q2, highlighting ongoing challenges in its portfolio. Mercury General has shown signs of recovery, achieving a combined ratio below 100% in the first half of 2024, positioning itself more favorably compared to Safety Insurance. Although Safety Insurance's dividend remains covered due to higher investment income, the company's elevated valuation may face pressure if portfolio remediation efforts don't succeed.
08/08 10:15 EST - zacks.com
Mercury General Corporation (MCY) Soars to 52-Week High, Time to Cash Out?
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Mercury General Corporation (MCY) Soars to 52-Week High, Time to Cash Out?
Mercury General (MCY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
08/06 14:21 EST - prnewswire.com
Mercury Insurance is Ready to Assist Georgia Policyholders Impacted by Tropical Storm Debby
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Aug. 6, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Tropical Storm Debby in Georgia. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.
Mercury Insurance is Ready to Assist Georgia Policyholders Impacted by Tropical Storm Debby
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Aug. 6, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Tropical Storm Debby in Georgia. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.
08/06 13:01 EST - zacks.com
Are You Looking for a Top Momentum Pick? Why Mercury General (MCY) is a Great Choice
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Mercury General (MCY) is a Great Choice
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
08/05 13:22 EST - zacks.com
Will Mercury General (MCY) Gain on Rising Earnings Estimates?
Mercury General (MCY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Will Mercury General (MCY) Gain on Rising Earnings Estimates?
Mercury General (MCY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
08/05 12:00 EST - prnewswire.com
Mercury Insurance Names the Most Affordable New EVs to Insure
Three Hyundai Motor Group Products Make This Year's List LOS ANGELES , Aug. 5, 2024 /PRNewswire/ -- Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the most affordable new EVs to insure, which will arm consumers with valuable knowledge when they go to shop for an EV. Factors contributing to insurance costs include claims on similar vehicles, cost to repair and vehicle safety records.
Mercury Insurance Names the Most Affordable New EVs to Insure
Three Hyundai Motor Group Products Make This Year's List LOS ANGELES , Aug. 5, 2024 /PRNewswire/ -- Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the most affordable new EVs to insure, which will arm consumers with valuable knowledge when they go to shop for an EV. Factors contributing to insurance costs include claims on similar vehicles, cost to repair and vehicle safety records.
08/05 11:16 EST - zacks.com
Best Momentum Stocks to Buy for August 5th
WGS, MCY and MHO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 5, 2024.
Best Momentum Stocks to Buy for August 5th
WGS, MCY and MHO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 5, 2024.
08/05 08:36 EST - zacks.com
Best Income Stocks to Buy for August 5th
CCBG, CHRW and MCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2024.
Best Income Stocks to Buy for August 5th
CCBG, CHRW and MCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2024.
08/05 07:05 EST - zacks.com
New Strong Buy Stocks for August 5th
KGC, MCY, WGS, CHRW and FULC have been added to the Zacks Rank #1 (Strong Buy) List on August 5, 2023.
New Strong Buy Stocks for August 5th
KGC, MCY, WGS, CHRW and FULC have been added to the Zacks Rank #1 (Strong Buy) List on August 5, 2023.
07/30 18:31 EST - zacks.com
Mercury General (MCY) Q2 Earnings Beat Estimates
Mercury General (MCY) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to loss of $0.47 per share a year ago.
Mercury General (MCY) Q2 Earnings Beat Estimates
Mercury General (MCY) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to loss of $0.47 per share a year ago.
07/30 16:05 EST - prnewswire.com
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
LOS ANGELES , July 30, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2024: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,236,024 $ 1,034,469 $ 201,555 19.5 $ 2,402,703 $ 2,039,173 $ 363,530 17.8 Net premiums written (1) $ 1,355,460 $ 1,115,345 $ 240,115 21.5 $ 2,640,444 $ 2,125,546 $ 514,898 24.2 Net realized investment gains (losses), net of tax (2) $      2,290 $    (15,625) $ 17,915 NM $   32,461 $  23,091 $  9,370 40.6 Net income (loss) $     62,568 $    (41,543) $ 104,111 NM $ 136,030 $ (86,831) $ 222,861 NM Net income (loss) per diluted share $        1.13 $       (0.75) $   1.88 NM $      2.46 $    (1.57) $    4.03 NM Operating income (loss) (1) $     60,278 $    (25,918) $ 86,196 NM $ 103,569 $ (109,922) $ 213,491 NM Operating income (loss) per diluted share (1) $        1.09 $       (0.47) $   1.56 NM $      1.87 $    (1.99) $    3.86 NM Catastrophe losses net of reinsurance (3) $   125,000 $     92,000 $ 33,000 35.9 $ 197,000 $ 190,000 $  7,000 3.7 Combined ratio (4) 98.9 % 110.1 % —        (11.2) pts 99.9 % 112.9 % —        (13.0) pts NM = Not Meaningful (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) Net realized investment gains (losses) before tax were $3 million and $(20) million for the three months ended June 30, 2024 and 2023, respectively, and $41 million and $29 million for the six months ended June 30, 2024 and 2023, respectively.
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
LOS ANGELES , July 30, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2024: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,236,024 $ 1,034,469 $ 201,555 19.5 $ 2,402,703 $ 2,039,173 $ 363,530 17.8 Net premiums written (1) $ 1,355,460 $ 1,115,345 $ 240,115 21.5 $ 2,640,444 $ 2,125,546 $ 514,898 24.2 Net realized investment gains (losses), net of tax (2) $      2,290 $    (15,625) $ 17,915 NM $   32,461 $  23,091 $  9,370 40.6 Net income (loss) $     62,568 $    (41,543) $ 104,111 NM $ 136,030 $ (86,831) $ 222,861 NM Net income (loss) per diluted share $        1.13 $       (0.75) $   1.88 NM $      2.46 $    (1.57) $    4.03 NM Operating income (loss) (1) $     60,278 $    (25,918) $ 86,196 NM $ 103,569 $ (109,922) $ 213,491 NM Operating income (loss) per diluted share (1) $        1.09 $       (0.47) $   1.56 NM $      1.87 $    (1.99) $    3.86 NM Catastrophe losses net of reinsurance (3) $   125,000 $     92,000 $ 33,000 35.9 $ 197,000 $ 190,000 $  7,000 3.7 Combined ratio (4) 98.9 % 110.1 % —        (11.2) pts 99.9 % 112.9 % —        (13.0) pts NM = Not Meaningful (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) Net realized investment gains (losses) before tax were $3 million and $(20) million for the three months ended June 30, 2024 and 2023, respectively, and $41 million and $29 million for the six months ended June 30, 2024 and 2023, respectively.
07/29 12:00 EST - prnewswire.com
Mercury Insurance Partners With iHeart Radio to Honor Community Heroes
Mercury's 'Community Rockstars' Campaign to Recognize Outstanding Community Members in San Diego Area LOS ANGELES , July 29, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) is on the hunt for San Diego's biggest and brightest "Community Rockstars" this summer. The company, in partnership with iHeart Radio , will honor San Diego's most deserving unsung heroes with a VIP prize package truly fit for a rockstar.
Mercury Insurance Partners With iHeart Radio to Honor Community Heroes
Mercury's 'Community Rockstars' Campaign to Recognize Outstanding Community Members in San Diego Area LOS ANGELES , July 29, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) is on the hunt for San Diego's biggest and brightest "Community Rockstars" this summer. The company, in partnership with iHeart Radio , will honor San Diego's most deserving unsung heroes with a VIP prize package truly fit for a rockstar.
07/16 12:00 EST - prnewswire.com
Mercury Insurance and UCLA Anderson Forecast Partner to Lead Research on the Impact of Climate Change and the Economy
Dr. Zhiyun Li will serve as the Mercury Insurance Climate Economist at UCLA Anderson Forecast, providing insight into the economic impact of climate change in California and its implications on the insurance business LOS ANGELES , July 16, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, has announced a strategic partnership with the UCLA Anderson Forecast to spearhead research into the growing impact and implications of climate change on the California economy. The results of the effort will help create a roadmap for California — and California-based businesses like Mercury — to support Californians living with increased risk from the impacts of extreme climate events.
Mercury Insurance and UCLA Anderson Forecast Partner to Lead Research on the Impact of Climate Change and the Economy
Dr. Zhiyun Li will serve as the Mercury Insurance Climate Economist at UCLA Anderson Forecast, providing insight into the economic impact of climate change in California and its implications on the insurance business LOS ANGELES , July 16, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, has announced a strategic partnership with the UCLA Anderson Forecast to spearhead research into the growing impact and implications of climate change on the California economy. The results of the effort will help create a roadmap for California — and California-based businesses like Mercury — to support Californians living with increased risk from the impacts of extreme climate events.
07/12 11:52 EST - prnewswire.com
Mercury Insurance Names the Most Affordable New Sedans to Insure
Two Hyundai products top this year's list LOS ANGELES , July 12, 2024 /PRNewswire/ -- Specific sedan models are once again some of the most affordable vehicles to purchase and own, according to Mercury Insurance (NYSE: MCY), a leading auto insurer in California. Announced today, Mercury has compiled a list of the most affordable new sedans to insure.
Mercury Insurance Names the Most Affordable New Sedans to Insure
Two Hyundai products top this year's list LOS ANGELES , July 12, 2024 /PRNewswire/ -- Specific sedan models are once again some of the most affordable vehicles to purchase and own, according to Mercury Insurance (NYSE: MCY), a leading auto insurer in California. Announced today, Mercury has compiled a list of the most affordable new sedans to insure.
07/09 13:16 EST - prnewswire.com
MERCURY GENERAL CORPORATION TO REPORT SECOND QUARTER RESULTS ON JULY 30, 2024
LOS ANGELES , July 9, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, July 30, 2024, the Company will issue an earnings press release reporting its results for the second quarter of 2024, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
MERCURY GENERAL CORPORATION TO REPORT SECOND QUARTER RESULTS ON JULY 30, 2024
LOS ANGELES , July 9, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, July 30, 2024, the Company will issue an earnings press release reporting its results for the second quarter of 2024, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
07/08 18:32 EST - prnewswire.com
Mercury Insurance is Ready to Assist Texas Policyholders Impacted by Hurricane Beryl
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , July 8, 2024 /PRNewswire/ --Â Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Beryl in Houston, Texas. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.
Mercury Insurance is Ready to Assist Texas Policyholders Impacted by Hurricane Beryl
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , July 8, 2024 /PRNewswire/ --Â Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Beryl in Houston, Texas. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html.