Mercury General Corporation

NYSE:MCY Stock Report

Market Cap: US$2.8b

Mercury General Dividends and Buybacks

Dividend criteria checks 3/6

Mercury General is a dividend paying company with a current yield of 2.55% that is well covered by earnings.

Key information

2.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.5%
Dividend Growth-3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.270
Payout ratio13%

Recent dividend and buyback updates

Recent updates

California Wildfires, Mercury General's Opportunity Amid Crisis (Rating Upgrade)

Jan 16

Little Excitement Around Mercury General Corporation's (NYSE:MCY) Revenues As Shares Take 33% Pounding

Jan 11
Little Excitement Around Mercury General Corporation's (NYSE:MCY) Revenues As Shares Take 33% Pounding

Mercury General: Turning Lead Into Gold

Oct 31

It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)

Oct 10
It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)

Mercury General: Very Cheap, And Expert Of Maximizing After-Tax Yield

Sep 20

Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Jun 07
Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Mar 07
Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Investors Holding Back On Mercury General Corporation (NYSE:MCY)

Jan 06
Investors Holding Back On Mercury General Corporation (NYSE:MCY)

Mercury General: From A Pariah To A Potential Candidate For Recovery

Nov 16

Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175

Nov 04
Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175

Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175

Aug 29
Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175

Mercury General: Struggling Against Ongoing Headwinds

Aug 08

Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175

Aug 05
Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175

Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M

Feb 14

Mercury General GAAP EPS of -$3.80, revenue of $785.6M

Aug 02

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

May 07
Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Feb 19
Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Mercury General: Always No, Forever No

Jan 03

With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting

Dec 31
With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MCY's dividend payments have been volatile in the past 10 years.

Growing Dividend: MCY's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Mercury General Dividend Yield vs Market
How does MCY dividend yield compare to the market?
SegmentDividend Yield
Company (MCY)2.5%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Insurance)1.9%
Analyst forecast (MCY) (up to 3 years)2.5%

Notable Dividend: MCY's dividend (2.55%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: MCY's dividend (2.55%) is low compared to the top 25% of dividend payers in the US market (4.42%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.6%), MCY's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (7.2%), MCY's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 20:23
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercury General Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alison JacobowitzBofA Global Research
Charles GatesCredit Suisse
Christopher CampbellKeefe, Bruyette, & Woods