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Mercury General Corporation (MCY)

Stock Price: $46.22 USD -0.44 (-0.94%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 2.56B
Revenue (ttm) 3.70B
Net Income (ttm) 239.55M
Shares Out 55.36M
EPS (ttm) 4.32
PE Ratio 10.70
Forward PE n/a
Dividend $2.53
Dividend Yield 5.47%

Stock Quote

Trading Day November 25
Last Price $46.22
Previous Close $46.66
Change ($) -0.44
Change (%) -0.94%
Day's Open 46.36
Day's Range 45.63 - 46.51
Day's Volume 136,266
52-Week Range 33.45 - 53.97

More Stats

Market Cap 2.56B
Enterprise Value 2.65B
Earnings Date (est) Feb 15, 2021
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 55.36M
Float 26.51M
EPS (basic) 4.33
EPS (diluted) 4.32
FCF / Share 9.24
Dividend $2.53
Dividend Yield 5.47%
Earnings Yield 9.35%
FCF Yield 19.98%
Payout Ratio 58.20%
Shares Short 631,535
Short Ratio 3.53
Short % of Float 2.38%
Beta 0.34
PE Ratio 10.70
Forward PE n/a
P/FCF Ratio 5.00
PS Ratio 0.69
PB Ratio 1.36
Revenue 3.70B
Operating Income 296.90M
Net Income 239.55M
Free Cash Flow 511.31M
Net Cash -94.86M
Net Cash / Share -1.71
Gross Margin 19.09%
Operating Margin 8.02%
Profit Margin 6.50%
FCF Margin 13.82%
ROA 3.09%
ROE 12.94%
ROIC 4.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 1
Underweight 0
Sell 1

Analyst Consensus: Underweight

Price Target

$41.00*
Low
41.0
Current: $46.22
High
41.0
Target: 41.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,9733,3803,4163,2283,0093,0122,8212,7832,7772,776
Revenue Growth17.53%-1.05%5.83%7.26%-0.08%6.76%1.35%0.22%0.05%-
Gross Profit1,2668039718738641,026858822948950
Operating Income395-13.5818274.6973.74250133137251189
Net Income320-5.7314573.0474.48178112117191152
Shares Outstanding55.3555.3455.3355.2755.1655.0454.9654.9154.8454.80
Earnings Per Share5.78-0.102.621.321.353.232.042.133.492.78
EPS Growth--98.48%-2.22%-58.2%58.33%-4.23%-38.97%25.54%-
Dividend Per Share2.512.502.492.482.472.472.452.442.412.37
Dividend Growth0.44%0.32%0.44%0.36%0.24%0.73%0.33%1.33%1.69%-
Operating Cash Flow52038334129219024721014815991.78
Capital Expenditures-40.09-27.96-13.20-16.97-19.97-25.81-17.85-13.13-15.09-27.55
Free Cash Flow48035532827517022119213514364.24
Cash & Equivalents294314291220264290267158211181
Total Debt420372371320290290190140140267
Net Cash / Debt-126-57.44-79.92-99.68-25.78-0.0976.5118.1871.39-85.82
Assets5,8895,4345,1014,7894,6294,6004,3154,1904,0704,203
Liabilities4,0903,8163,3403,0362,8082,7252,4932,3472,2132,409
Book Value1,8001,6181,7611,7521,8211,8751,8221,8421,8571,795
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Mercury General Corporation
Country United States
Employees 4,500
CEO Gabriel Tirador

Stock Information

Ticker Symbol MCY
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Property & Casualty
Unique Identifier NYSE: MCY

Description

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, fire, and umbrella insurance. The company's 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. It sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.