Mercury General Corporation (MCY)
| Market Cap | 2.67B |
| Revenue (ttm) | 5.47B |
| Net Income (ttm) | 558.28M |
| Shares Out | 55.37M |
| EPS (ttm) | 10.08 |
| PE Ratio | 4.78 |
| Forward PE | 21.04 |
| Dividend | $1.27 (2.64%) |
| Ex-Dividend Date | Dec 12, 2024 |
| Volume | 1,120,338 |
| Open | 52.63 |
| Previous Close | 52.07 |
| Day's Range | 48.14 - 52.63 |
| 52-Week Range | 37.89 - 80.72 |
| Beta | 0.90 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 11, 2025 |
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 General Corporation Provides Additional Information Regarding Recent Wildfires in Southern California and Its Reinsurance Program
LOS ANGELES , Jan. 20, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company" or "Mercury") is providing more information about the recent Southern California Wildfires, known as the Palisade...
Mercury General: Should You Buy The Dip?
Mercury General Corporation faces significant exposure to LA wildfires due to its high concentration of homeowners insurance in California. Despite the potential $251 million hit, Mercury's reinsuranc...
Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires
Company Stands With Californians as They Begin Their Rebuilding Efforts LOS ANGELES , Jan. 17, 2025 /PRNewswire/ -- Mercury Insurance is providing comprehensive support to its customers impacted by th...
Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising ...
California Wildfires, Mercury General's Opportunity Amid Crisis (Rating Upgrade)
The Los Angeles wildfires, while tragic, may present an opportunity for Mercury General due to potential market exits by other insurers and possible price increases. Mercury General's exposure to auto...
Mercury General Corporation Provides Preliminary Information Regarding Recent Wildfires in Southern California
LOS ANGELES , Jan. 10, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company," "Mercury" or "We") announced today its preliminary assessment of the impact of the recent wildfires in Southern ...
Mercury General Stock Craters. Why the Insurer Is Bearing the Brunt of the L.A.
Almost 80% of the insurer's premiums of $4.6 billion last year came from California, leaving it highly exposed to the blaze.
Mercury Insurance is Ready to Help Victims of the Wildfires in Southern 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 , Jan. 8, 2025 /PRNewswire/ -- The r...
Mercury Becomes First Major Insurance Company to Return to Paradise California as City's Rebuilding Efforts Gain Momentum
Innovative City Planning and State Officials' Leadership Pave the Way for Mercury Insurance to Begin Offering Homeowners Coverage to Paradise Residents in the Wake of Catastrophic Wildfire PARADISE, C...
Anaheim Ducks Game Day Just Got A Whole Lot More Exciting!
Mercury Insurance and Ducks Launch Pro Tip Trivia Game to Provide Fans with Helpful Life Pro Tips; Winners Will Receive Ducks Jerseys LOS ANGELES , Dec. 18, 2024 /PRNewswire/ -- How often should you ...
Bodily Injury Costs Increase in Arizona, According to Mercury Insurance
Mercury's New Umbrella Insurance Better Protects Arizonans' Personal Wealth Against Bodily Injury Claims LOS ANGELES , Dec. 16, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery pers...
Mercury Insurance and Los Angeles Kings Unveil Hockeywood Wall of Fame to Honor Community Heroes
New Initiative Celebrates Everyday Champions Making a Positive Impact in Los Angeles LOS ANGELES , Nov. 19, 2024 /PRNewswire/ -- Mercury Insurance, in partnership with the Los Angeles Kings, has launc...
Mercury Insurance Shares Essential Tips for Preparing Your Home for Fall
As cooler weather approaches, homeowners are encouraged to take steps to ensure their homes are ready for the changing season LOS ANGELES , Nov. 13, 2024 /PRNewswire/ -- With fall upon us, homeowners ...
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...