Mercury General Corporation (MCY)
| Market Cap | 4.09B |
| Revenue (ttm) | 5.49B |
| Net Income (ttm) | 558.28M |
| Shares Out | 55.37M |
| EPS (ttm) | 10.08 |
| PE Ratio | 7.33 |
| Forward PE | 10.81 |
| Dividend | $1.27 (1.72%) |
| Ex-Dividend Date | Dec 12, 2024 |
| Volume | 289,530 |
| Open | 75.19 |
| Previous Close | 75.18 |
| Day's Range | 73.79 - 75.82 |
| 52-Week Range | 35.62 - 76.47 |
| Beta | 0.83 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 29, 2024 |
About MCY
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, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other cover... [Read more]
Financial Performance
Financial StatementsNews
Mercury Insurance is Ready to Help Victims of the Mountain Fire in California
Company prepared to assist policyholders who have suffered home or auto loss, need living expenses reimbursement or to file a claim for covered losses LOS ANGELES , Nov. 8, 2024 /PRNewswire/ -- The re...
Mercury Insurance and Los Angeles Kings Come Together to Spice Up the Season for Fans Inside and Outside Crypto.com Arena
New Activations Bring the Game Alive for Fans at the Game and at Home LOS ANGELES , Nov. 7, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) is making sure that no Los Angeles Kings fan is left behi...
Mercury General: Turning Lead Into Gold
Mercury General faced operational challenges and high loss ratios in 2022, compounded by a dividend reduction that resulted in the loss of its "dividend aristocrat" status. In response to these challe...
Mercury Insurance and the Anaheim Ducks Make Live Hockey More Inclusive and Accessible for All Fans This Season
Mercury to Launch New Offer to Reward and Include Every Fan LOS ANGELES , Oct. 30, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) and the Anaheim Ducks are thrilled to announce the revival of thei...
Mercury General Corporation Announces Third Quarter Results and Declares Quarterly Dividend
LOS ANGELES , Oct. 29, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2024: Consolidated Highlights Three Months Ended September 30, Change Nine M...
Mercury Insurance Wants You to Have a Spookily Safe Halloween
Top Home and Auto Safety Tips to Keep in Mind Ahead of the Spooky Season LOS ANGELES , Oct. 28, 2024 /PRNewswire/ -- Ghosts, goblins and ghouls will soon be taking to the streets as Halloween festivit...
MERCURY GENERAL CORPORATION TO REPORT THIRD QUARTER RESULTS ON OCTOBER 29, 2024
LOS ANGELES , Oct. 8, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, October 29, 2024, the Company will issue an earnings press re...
Mercury Insurance is Ready to Assist Georgia Policyholders Impacted by Hurricane Helene
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders ...
Mercury Insurance is Ready to Assist Florida Policyholders Impacted by Hurricane Helene
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders ...
Are EVs and Hybrids More Expensive to Insure Versus ICE Vehicles? Mercury Insurance Expert Explains
EVs Offer Lower Operating Costs Compared With ICE and Hybrid Vehicles, but Cost More to Insure LOS ANGELES , Sept. 23, 2024 /PRNewswire/ -- With a variety of powertrain options on the market, consumer...
Mercury General: Very Cheap, And Expert Of Maximizing After-Tax Yield
Mercury General Corporation is well-positioned for growth with significant cash reserves, enabling investment in advertising and agent network expansion to boost net sales. Recent rate increases appro...
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 pe...
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,...
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 wh...
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...
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...
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 D...
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 in...
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 Mercur...
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 relea...
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/ -- Mercury Insurance is ready to assist policyholders wh...
Mercury Insurance Names the Most Affordable New Trucks and SUVs to Insure
Chevrolet takes top two truck spots with Ford taking five spots in the top 10; Fiat is the most budget-friendly SUV to insure with Honda taking four in the top 10 LOS ANGELES , June 25, 2024 /PRNewsw...
Mercury Insurance Turns Up the Volume for Music Fans at North Island Credit Union Amphitheatre
Company Continues Long-Standing Support of Live Music with New Venue Sponsorship LOS ANGELES , June 20, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY), a longtime supporter of live music, will be...
Newsweek Names Mercury Insurance One of America's Greatest Workplaces for Mental Wellbeing 2024
Award Recognizes Mercury's Commitment to its Employees' Mental Health LOS ANGELES , June 12, 2024 /PRNewswire/ -- Mercury Insurance has been named by Newsweek, in conjunction with market data researc...
Mercury Insurance Expert Offers Tips to Avoid Becoming a Victim of Insurance Fraud
Vigilance and Detailed Documentation are Key Prevention Measures LOS ANGELES , June 6, 2024 /PRNewswire/ -- While inflation continues to drive up home and auto insurance costs, fraud is a hidden culpr...