Mercury General Corporation (MCY)

NYSE: MCY · IEX Real-Time Price · USD
55.22
-1.54 (-2.71%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-2.71%
Market Cap 3.06B
Revenue (ttm) 4.63B
Net Income (ttm) 96.34M
Shares Out 55.37M
EPS (ttm) 1.74
PE Ratio 31.74
Forward PE 19.02
Dividend $1.27 (2.30%)
Ex-Dividend Date Mar 12, 2024
Volume 324,602
Open 56.57
Previous Close 56.76
Day's Range 55.13 - 56.92
52-Week Range 26.15 - 57.12
Beta 0.81
Analysts Buy
Price Target 33.00 (-40.24%)
Earnings Date Apr 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
(-40.24% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

15 days 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 ...

21 days 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...

22 days 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...

26 days 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...

5 weeks 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...

6 weeks 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...

2 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...

2 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...

2 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 ...

3 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...

4 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...

4 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 ...

4 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...

4 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...

6 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...

7 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...

7 months ago - PRNewsWire

Mercury Insurance Crowned LA Kings' First Jersey Patch Partner, Extending Historic Partnership

Extended Multi-Year Agreement Solidifies Mercury as the NHL Team's Inaugural Jersey Patch Partner, Celebrating 16 Years of Collaboration and Commitment to Southern California Communities LOS ANGELES ,...

7 months ago - PRNewsWire

Bodily Injury Costs Increase in California, According to Mercury Insurance

Mercury's new umbrella insurance better protects Californians' personal wealth  against bodily injury claims LOS ANGELES , Sept. 14, 2023 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery...

7 months ago - PRNewsWire

Mercury Insurance Continues to Transform Technology and Innovation Practice with Industry Leading Talent

Cameron Nordholm joins Mercury as Head of Technical Product with the aim of accelerating carrier's development of solutions for customers, agents and team members LOS ANGELES , Sept. 13, 2023 /PRNewsw...

8 months ago - PRNewsWire

Mercury Insurance Advises Policyholders to Prepare for Hurricane Idalia

Mercury offers tips to help auto and homeowners protect their families and property before severe weather arrives   LOS ANGELES , Aug. 29, 2023 /PRNewswire/ -- In anticipation of Hurricane Idalia, hur...

8 months ago - PRNewsWire

Mercury Insurance Ready to Assist Policyholders Impacted by Tropical Storm Idalia

Policyholders can report claims anytime online through Mercury's automated digital experience or through the claims hotline at 800-503-3724 LOS ANGELES , Aug. 29, 2023 /PRNewswire/ -- Mercury Insuranc...

8 months ago - PRNewsWire

Mercury Insurance Advises Homeowners to Prepare for Hurricane Hilary

Mercury offers tips to help policyholders protect their families and property before severe weather arrives LOS ANGELES , Aug. 18, 2023 /PRNewswire/ -- In anticipation of Hurricane Hilary, tropical st...

8 months ago - PRNewsWire

Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend

LOS ANGELES , Aug. 1, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2023: Consolidated Highlights Three Months Ended June 30, Change Six Months ...

9 months ago - PRNewsWire

Mercury Names the Most Affordable 2023 Electric Vehicles to Insure

Kia Soul EV  tops the list for the second consecutive year LOS ANGELES , July 31, 2023 /PRNewswire/ -- The number of electric vehicles (EVs) available on the marketplace continues to grow and the cost...

9 months ago - PRNewsWire