Mercury General Corporation (MCY)
NYSE: MCY · IEX Real-Time Price · USD
53.63
+0.96 (1.82%)
At close: Apr 19, 2024, 4:00 PM
53.00
-0.63 (-1.17%)
After-hours: Apr 19, 2024, 7:59 PM EDT

Mercury General Statistics

Total Valuation

MCY has a market cap or net worth of $2.97 billion. The enterprise value is $3.01 billion.

Market Cap 2.97B
Enterprise Value 3.01B

Important Dates

The next confirmed earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Mar 12, 2024

Share Statistics

MCY has 55.37 million shares outstanding.

Shares Outstanding 55.37M
Shares Change (YoY) n/a
Shares Change (QoQ) +0.00%
Owned by Insiders (%) 52.04%
Owned by Institutions (%) 43.42%
Float 26.54M

Valuation Ratios

The trailing PE ratio is 30.82 and the forward PE ratio is 18.47. MCY's PEG ratio is 1.19.

PE Ratio 30.82
Forward PE 18.47
PS Ratio 0.64
Forward PS 0.56
PB Ratio 1.92
P/FCF Ratio 6.66
PEG Ratio 1.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.35, with an EV/FCF ratio of 6.74.

EV / Earnings 31.21
EV / Sales 0.65
EV / EBITDA 15.35
EV / EBIT 24.33
EV / FCF 6.74

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.38
Debt / EBITDA 3.00
Debt / FCF 1.32
Interest Coverage 5.11

Financial Efficiency

Return on equity (ROE) is 6.70% and return on invested capital (ROIC) is 5.61%.

Return on Equity (ROE) 6.70%
Return on Assets (ROA) 1.40%
Return on Capital (ROIC) 5.61%
Revenue Per Employee $1.13M
Profits Per Employee $23,497
Employee Count 4,100
Asset Turnover 0.68
Inventory Turnover n/a

Taxes

In the past 12 months, MCY has paid $3.09 million in taxes.

Income Tax 3.09M
Effective Tax Rate 3.11%

Stock Price Statistics

The stock price has increased by +72.28% in the last 52 weeks. The beta is 0.81, so MCY's price volatility has been lower than the market average.

Beta (1Y) 0.81
52-Week Price Change +72.28%
50-Day Moving Average 48.92
200-Day Moving Average 37.27
Relative Strength Index (RSI) 65.06
Average Volume (30 Days) 220,267

Short Selling Information

The latest short interest is 457,269, so 0.83% of the outstanding shares have been sold short.

Short Interest 457,269
Short Previous Month 408,405
Short % of Shares Out 0.83%
Short % of Float 1.72%
Short Ratio (days to cover) 2.24

Income Statement

In the last 12 months, MCY had revenue of $4.63 billion and earned $96.34 million in profits. Earnings per share was $1.74.

Revenue 4.63B
Gross Profit 1.11B
Operating Income 123.60M
Pretax Income 99.43M
Net Income 96.34M
EBITDA 195.84M
EBIT 123.60M
Earnings Per Share (EPS) $1.74
Full Income Statement

Balance Sheet

The company has $550.90 million in cash and $587.96 million in debt, giving a net cash position of -$37.06 million or -$0.67 per share.

Cash & Cash Equivalents 550.90M
Total Debt 587.96M
Net Cash -37.06M
Net Cash Per Share -$0.67
Equity / Book Value 1.55B
Book Value Per Share 27.96
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $452.99 million and capital expenditures -$6.93 million, giving a free cash flow of $446.05 million.

Operating Cash Flow 452.99M
Capital Expenditures -6.93M
Free Cash Flow 446.05M
FCF Per Share $8.06
Full Cash Flow Statement

Margins

Gross margin is 24.01%, with operating and profit margins of 2.67% and 2.08%.

Gross Margin 24.01%
Operating Margin 2.67%
Pretax Margin 2.15%
Profit Margin 2.08%
EBITDA Margin 4.23%
EBIT Margin 2.67%
FCF Margin 9.63%

Dividends & Yields

This stock pays an annual dividend of $1.27, which amounts to a dividend yield of 2.37%.

Dividend Per Share $1.27
Dividend Yield 2.37%
Dividend Growth (YoY) -20.00%
Years of Dividend Growth n/a
Payout Ratio 72.99%
Buyback Yield n/a
Shareholder Yield 2.37%
Earnings Yield 3.24%
FCF Yield 15.02%
Dividend Details

Analyst Forecast

The average price target for MCY is $33.00, which is -38.47% lower than the current price. The consensus rating is "Buy".

Price Target $33.00
Price Target Difference -38.47%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on October 10, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Oct 10, 1997
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6