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Mercury General NYSE:MCY Stock Report

Last Price

US$62.83

Market Cap

US$3.5b

7D

-3.0%

1Y

125.6%

Updated

04 Sep, 2024

Data

Company Financials +

Mercury General Corporation

NYSE:MCY Stock Report

Market Cap: US$3.5b

Mercury General Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mercury General
Historical stock prices
Current Share PriceUS$62.83
52 Week HighUS$67.11
52 Week LowUS$27.27
Beta0.84
11 Month Change6.19%
3 Month Change14.44%
1 Year Change125.60%
33 Year Change7.79%
5 Year Change14.07%
Change since IPO1,096.76%

Recent News & Updates

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

Recent updates

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

Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64

Nov 06
Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64

Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?

Aug 31
Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?

Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63

Aug 07
Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63

Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation

May 05
Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation

Mercury General EPS beats by $0.09, misses on net premiums earned

May 04

Mercury General Corporation Is Priced For Perfection

Apr 26

Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock

Apr 05
Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock

Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?

Mar 17
Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?

Shareholder Returns

MCYUS InsuranceUS Market
7D-3.0%1.8%-1.4%
1Y125.6%36.8%21.1%

Return vs Industry: MCY exceeded the US Insurance industry which returned 36.5% over the past year.

Return vs Market: MCY exceeded the US Market which returned 20.9% over the past year.

Price Volatility

Is MCY's price volatile compared to industry and market?
MCY volatility
MCY Average Weekly Movement3.4%
Insurance Industry Average Movement4.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: MCY has not had significant price volatility in the past 3 months.

Volatility Over Time: MCY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19614,100Gabe Tiradorwww.mercuryinsurance.com

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 coverages.

Mercury General Corporation Fundamentals Summary

How do Mercury General's earnings and revenue compare to its market cap?
MCY fundamental statistics
Market capUS$3.54b
Earnings (TTM)US$319.20m
Revenue (TTM)US$5.02b

10.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCY income statement (TTM)
RevenueUS$5.02b
Cost of RevenueUS$4.29b
Gross ProfitUS$728.61m
Other ExpensesUS$409.41m
EarningsUS$319.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.76
Gross Margin14.52%
Net Profit Margin6.36%
Debt/Equity Ratio34.8%

How did MCY perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

22%

Payout Ratio

Does MCY pay a reliable dividends?

See MCY dividend history and benchmarks
When do you need to buy MCY by to receive an upcoming dividend?
Mercury General dividend dates
Ex Dividend DateSep 12 2024
Dividend Pay DateSep 26 2024
Days until Ex dividend6 days
Days until Dividend pay date20 days

Does MCY pay a reliable dividends?

See MCY dividend history and benchmarks