Mercury General Corporation (MCY)

NYSE: MCY · IEX Real-Time Price · USD
52.88
+0.01 (0.02%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.02%
Market Cap 2.93B
Revenue (ttm) 4.80B
Net Income (ttm) 215.09M
Shares Out 55.37M
EPS (ttm) 3.89
PE Ratio 13.59
Forward PE 24.70
Dividend $1.27 (2.40%)
Ex-Dividend Date Jun 13, 2024
Volume 146,760
Open 52.88
Previous Close 52.87
Day's Range 51.84 - 53.49
52-Week Range 27.27 - 59.89
Beta 0.86
Analysts Buy
Price Target 33.00 (-37.59%)
Earnings Date Jul 30, 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]

Sector Financials
Founded 1961
Employees 4,100
Stock Exchange NYSE
Ticker Symbol MCY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for MCY stock is "Buy" and the 12-month stock price forecast is $33.0.

Price Target
$33.0
(-37.59% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

7 days ago - PRNewsWire

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...

12 days ago - PRNewsWire

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...

20 days ago - PRNewsWire

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...

26 days ago - PRNewsWire

Mercury Insurance is Ready to Assist Texas/Oklahoma Policyholders Impacted by Heavy Storms

Mercury policyholders can report claims anytime at (800) 503-3724 LOS ANGELES , May 29, 2024 /PRNewswire/ -- Mercury Insurance policyholders who have been impacted by recent heavy storms in Texas and ...

4 weeks ago - PRNewsWire

Bodily Injury Costs Increase in Oklahoma, According to Mercury Insurance

Mercury's new umbrella insurance better protects Oklahomans' personal wealth against bodily injury claims LOS ANGELES , May 28, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery pers...

5 weeks ago - PRNewsWire

Mercury Insurance and Tokio Marine America Partner to Help Thousands of Californians Facing Non-renewals

Mercury to Support Agents and Customers as Tokio Marine America Transitions Out of the California Personal Lines Market LOS ANGELES , May 9, 2024 /PRNewswire/ -- Mercury Insurance  (NYSE: MCY) is spea...

7 weeks ago - PRNewsWire

Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend

LOS ANGELES, April 30, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2024: Consolidated Highlights Three Months Ended March 31, Change 2024 2023 ...

2 months ago - PRNewsWire

MERCURY GENERAL CORPORATION TO REPORT FIRST QUARTER RESULTS ON APRIL 30, 2024

LOS ANGELES , April 9, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, April 30, 2024, the Company will issue an earnings press rel...

3 months ago - PRNewsWire

Bodily Injury Costs Increase in Texas, According to Mercury Insurance

Mercury's new umbrella insurance better protects Texans' personal wealth against bodily injury claims LOS ANGELES , April 3, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person ...

3 months ago - PRNewsWire

Mercury Insurance Offers New Coverages and Discounts in New Jersey

Mercury's new added protection comes with environmentally friendly perks, while discounts put hard-earned money back in the pockets of policyholders  LOS ANGELES , April 2, 2024 /PRNewswire/ -- Mercur...

3 months ago - PRNewsWire

Mercury Insurance Shares 4 Ways to Achieve Financial Empowerment in 2024

Reevaluating Monthly Expenses like Insurance is Crucial to Savings LOS ANGELES , March 29, 2024 /PRNewswire/ -- Finances are consistently a top concern for many Americans, with "saving money" among th...

3 months ago - PRNewsWire

Mercury Insurance Continues Partnership with Flume Water Monitor to Help Policyholders Reduce Water Leaks

Next Week's Fix a Leak Week Highlights Need for Vigilance LOS ANGELES , March 14, 2024 /PRNewswire/ -- Mercury Insurance has announced the company's ongoing partnership with Flume — a leading provider...

3 months ago - PRNewsWire

Forbes Names Mercury Insurance One of America's Best Mid-Sized Employers for 2024

Mercury Recognized by Publication for Its Workplace Culture for the Fifth Time LOS ANGELES , March 12, 2024 /PRNewswire/ -- Forbes Magazine has named Mercury Insurance as one of America's best mid-siz...

4 months ago - PRNewsWire

Newsweek Names Mercury Insurance one of its 2024 America's Greatest Workplaces for Diversity

Award Recognizes Mercury's Foundational Embrace of Diversity, Equity and Inclusion LOS ANGELES , Feb. 27, 2024 /PRNewswire/ -- Mercury Insurance  has been named by Newsweek, in conjunction with market...

4 months ago - PRNewsWire

Mercury General Corporation Announces Fourth Quarter and Fiscal 2023 Results and Declares Quarterly Dividend

LOS ANGELES , Feb. 13, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2023 results: Consolidated Highlights Three Months EndedDecember 31, Ch...

5 months ago - PRNewsWire

Mercury Insurance Invests in a New Vision of Data Science with the Appointment of Chief Data Analytics Officer

Simon Zhang will spearhead effort to unlock Mercury's deep data and analytics resources to fuel the company's innovation efforts and improve customer experiences LOS ANGELES , Feb. 8, 2024 /PRNewswire...

5 months ago - PRNewsWire

MERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 13, 2024

LOS ANGELES , Jan. 16, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 13, 2024, the Company will issue an earnings press ...

6 months ago - PRNewsWire

Mercury Insurance Partners with LA Kings to Bring First-of-Their-Kind Experiences to Fans

"Where's Bailey?" Augmented Reality Experience Features LA-centric Art from World Renowned Muralist Nigel Sussman LOS ANGELES , Dec. 20, 2023 /PRNewswire/ -- Mercury Insurance and the Los Angeles King...

6 months ago - PRNewsWire

Mercury Insurance Offers Winter Safety Guide to Navigate Rain and Snow

Mercury's Experts Provide Handy Tips for Winter Driving Challenges LOS ANGELES , Dec. 19, 2023 /PRNewswire/ -- Winter road trips can be an exciting adventure, yet they are not without risks. Drivers m...

7 months ago - PRNewsWire

Mercury Insurance Offers Home Safety Tips to Keep the Holiday Season Merry and Bright

Whether hosting loved ones or traveling out of town, homeowners should ensure their property is protected from holiday mishaps LOS ANGELES , Dec. 14, 2023 /PRNewswire/ -- The holiday season is a time ...

7 months ago - PRNewsWire

Victor Joseph Promoted to President & Chief Operating Officer of Mercury General Corporation

Underscores Mercury's long-term vision for a strong and vibrant future LOS ANGELES , Dec. 13, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) announced today that Victor Joseph has been n...

7 months ago - PRNewsWire

Mercury General Corporation Announces Third Quarter Results and Declares Quarterly Dividend

LOS ANGELES , Oct. 31, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2023: Consolidated Highlights Three Months Ended September 30, Change Nine M...

8 months ago - PRNewsWire

Mercury Insurance Continues Partnership with Anaheim Ducks in Celebration of Team's 30th Season

Mercury's "My First Game" campaign returns, providing select fans with game tickets and more LOS ANGELES , Oct. 11, 2023 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) proudly announces its continued s...

9 months ago - PRNewsWire

MERCURY GENERAL CORPORATION TO REPORT THIRD QUARTER RESULTS ON OCTOBER 31, 2023

LOS ANGELES , Oct. 10, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, October 31, 2023, the Company will issue an earnings press r...

9 months ago - PRNewsWire