Mercury General Corporation (MCY)
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MCY stock is "Buy" and the 12-month stock price forecast is $33.0.
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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 ,...
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...
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...
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...
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...
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...
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 ...
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...