Mercury General Corporation (MCY)
| Market Cap | 3.11B |
| Revenue (ttm) | 4.08B |
| Net Income (ttm) | 501.78M |
| Shares Out | 55.37M |
| EPS (ttm) | 9.06 |
| PE Ratio | 6.25 |
| Forward PE | n/a |
| Dividend | $2.53 (4.47%) |
| Ex-Dividend Date | Sep 15, 2021 |
| Volume | 131,943 |
| Open | 56.30 |
| Previous Close | 56.10 |
| Day's Range | 56.25 - 57.05 |
| 52-Week Range | 37.77 - 66.44 |
| Beta | 0.42 |
| Analysts | n/a |
| Price Target | 41.00 (-27.5%) |
| Est. Earnings Date | Nov 2, 2021 |
About MCY
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, and umbrella insurance. The company's 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, fire, and other hazard...
Financial Performance
In 2020, MCY's revenue was $3.78 billion, a decrease of -4.73% compared to the previous year's $3.97 billion. Earnings were $374.61 million, an increase of 17.03%.
Financial StatementsNews
Victor Joseph Named Executive Vice President & Chief Operating Officer of Mercury General Corporation
LOS ANGELES, Sept. 15, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) announced today that Victor Joseph has been named to the newly created position of Executive Vice President & Chief Op...
4 Stocks That Represent Potential Bargains
As of Aug. 6, the following stocks appear underestimated by the market, as their price-earnings ratios without non-recurring items (NRI) trade below 20 while their price-earnings to growth (PEG) ratios ...
Mercury General (MCY) Beats Q2 Earnings and Revenue Estimates
Mercury General (MCY) delivered earnings and revenue surprises of 2.73% and 2.29%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend
LOS ANGELES, Aug. 3, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2021: Consolidated Highlights Three Months Ended June 30, Change Six Months End...
Analysts Estimate Mercury General (MCY) to Report a Decline in Earnings: What to Look Out for
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
7 of the Best Contrarian Stocks to Buy as Others Get Greedy
While sentiment in the market couldn't be more bullish, this is exactly why investors may want to consider contrarian stocks to buy. The post 7 of the Best Contrarian Stocks to Buy as Others Get Greedy ...
3 P&C Insurers That Have Outperformed S&P 500 YTD
Three stocks, ALL, HCI and MCY, have outperformed the Property and Casualty Insurance industry, the benchmark index as well as the Finance sector year to date.
Mercury General Corporation To Report Second Quarter Results On August 3, 2021
LOS ANGELES, July 6, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, August 3, 2021, the Company will issue an earnings press release...
Is Mercury General (MCY) a Worthy Value Investor Stock Now?
Let's see if Mercury General (MCY) stock is a good choice for value-oriented investors right now from multiple angles.
A Trio of Stocks Offering Good Value and Yield
While finding value in this market can be tricky, it is not impossible. We will examine three companies trading with a reasonable valuation against their own historical average and to that of their resp...
Mercury General (MCY) Q1 Earnings and Revenues Surpass Estimates
Mercury General (MCY) delivered earnings and revenue surprises of 7.20% and 2.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend
LOS ANGELES, May 4, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2021: Consolidated Highlights Three Months Ended March 31, Change 2021 2020 $ % (...
Earnings Preview: Mercury General
Mercury General (NYSE:MCY) releases its next round of earnings this Tuesday, May 04. Here is Benzinga's essential guide to Mercury General's Q1 earnings report.
Mercury Insurance Water Leak Detection Program Aims to Save Water and Money for California Homeowners
LOS ANGELES, April 20, 2021 /PRNewswire/ -- Today, Mercury Insurance (NYSE: MCY) announced it will be subsidizing the cost of smart home water monitoring devices from Flo by Moen and Flume, providing Ca...
Mercury General Corporation To Report First Quarter Results On May 4, 2021
LOS ANGELES, April 6, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 4, 2021, the Company will issue an earnings press release r...
5 Undervalued Stocks Below the Peter Lynch Value
According to the GuruFocus All-in-One Screener, a Premium feature, as of April 1, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positiv...
Mercury General: Q4 Earnings Insights
Shares of Mercury General (NYSE:MCY) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 557.14% year over year to $1.38, which beat the estimat...
Mercury General Corporation Announces Fourth Quarter and Fiscal 2020 Results and Declares Quarterly Dividend
LOS ANGELES, Feb. 16, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2020 results: Consolidated Highlights Three Months Ended December 31, Chan...
Mercury General (MCY) Reports Next Week: Wall Street Expects Earnings Growth
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercury General Corporation To Report Fourth Quarter Results On February 16, 2021
LOS ANGELES, Jan. 11, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 16, 2021, the Company will issue an earnings press rel...
Mercury General Corporation Is The Gold Of Fools
The insurance industry is one of those boring, stable sectors where companies companies seem to sleep on a heap of gold. Mercury General Corporation appears to check many investors' boxes: a 5%+ yield, ...
Mercury General (MCY) Misses Q3 Earnings Estimates
Mercury General (MCY) delivered earnings and revenue surprises of -13.38% and 4.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Recap: Mercury General Q3 Earnings
Shares of Mercury General (NYSE:MCY) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 57.69% over the past year to $1.23, which beat ...
Mercury General Corporation Announces Third Quarter Results and Increases Quarterly Dividend
LOS ANGELES, Nov. 3, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2020: Consolidated Highlights Three Months Ended September 30, Change Nine Month...
