NYSE:MCY Mercury General (MCY) Stock Price, News & Analysis → The system that called 2023’s top 7 stocks is at it again… (From WealthPress) (Ad) Free MCY Stock Alerts $55.18 -1.58 (-2.78%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$55.13▼$56.9050-Day Range$42.84▼$56.7752-Week Range$26.15▼$57.12Volume352,423 shsAverage Volume218,462 shsMarket Capitalization$3.06 billionP/E Ratio31.71Dividend Yield2.30%Price Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Mercury General alerts: Email Address Mercury General MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.2% Downside$33.00 Price TargetShort InterestHealthy1.72% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment0.04Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth34.48%From $2.90 to $3.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.35 out of 5 starsFinance Sector211th out of 859 stocksFire, Marine, & Casualty Insurance Industry10th out of 50 stocks 1.5 Analyst's Opinion Consensus RatingMercury General has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMercury General has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.72% of the float of Mercury General has been sold short.Short Interest Ratio / Days to CoverMercury General has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mercury General has recently decreased by 11.65%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMercury General pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMercury General does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mercury General is 72.99%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Mercury General will have a dividend payout ratio of 32.56% next year. This indicates that Mercury General will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercury General has received a 5.66% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Home contents insurance services for individuals", and "Landlord's insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Mercury General is -0.82. Previous Next 1.7 News and Social Media Coverage News SentimentMercury General has a news sentiment score of 0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Mercury General this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for MCY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Mercury General to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercury General insiders have not sold or bought any company stock.Percentage Held by Insiders35.50% of the stock of Mercury General is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.39% of the stock of Mercury General is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Mercury General are expected to grow by 34.48% in the coming year, from $2.90 to $3.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercury General is 31.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercury General is 31.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.23.Price to Book Value per Share RatioMercury General has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report About Mercury General Stock (NYSE: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 coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.Read More MCY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCY Stock News HeadlinesApril 23, 2024 | americanbankingnews.comMercury General (MCY) Set to Announce Earnings on TuesdayApril 19, 2024 | seekingalpha.comMercury General's Ongoing Comeback: A Closer Look At The RevivalApril 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 18, 2024 | americanbankingnews.comMercury General (NYSE:MCY) Lowered to Buy at StockNews.comApril 18, 2024 | tmcnet.comMercury Launches Personal BankingApril 12, 2024 | finance.yahoo.comMercury General (MCY) Stock Moves -0.68%: What You Should KnowApril 9, 2024 | prnewswire.comMERCURY GENERAL CORPORATION TO REPORT FIRST QUARTER RESULTS ON APRIL 30, 2024April 3, 2024 | prnewswire.comBodily Injury Costs Increase in Texas, According to Mercury InsuranceApril 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 2, 2024 | prnewswire.comMercury Insurance Offers New Coverages and Discounts in New JerseyMarch 29, 2024 | prnewswire.comMercury Insurance Shares 4 Ways to Achieve Financial Empowerment in 2024March 28, 2024 | finance.yahoo.comMercury General (NYSE:MCY) rallies 8.3% this week, taking one-year gains to 71%March 14, 2024 | finance.yahoo.comMercury Insurance Continues Partnership with Flume Water Monitor to Help Policyholders Reduce Water LeaksMarch 14, 2024 | prnewswire.comMercury Insurance Continues Partnership with Flume Water Monitor to Help Policyholders Reduce Water LeaksMarch 12, 2024 | prnewswire.comForbes Names Mercury Insurance One of America's Best Mid-Sized Employers for 2024March 8, 2024 | finance.yahoo.comMercury Insurance Offers Tips to Minimize Your Auto-Related ExpensesFebruary 27, 2024 | finance.yahoo.comNewsweek Names Mercury Insurance one of its 2024 America's Greatest Workplaces for DiversityFebruary 27, 2024 | prnewswire.comNewsweek Names Mercury Insurance one of its 2024 America's Greatest Workplaces for DiversityFebruary 24, 2024 | msn.comMercury General (MCY) Price Target Increased by 22.22% to 56.10February 20, 2024 | finance.yahoo.comWhat Makes Mercury General (MCY) a Strong Momentum Stock: Buy Now?February 19, 2024 | finance.yahoo.comEarnings Estimates Rising for Mercury General (MCY): Will It Gain?February 17, 2024 | finance.yahoo.comMCY Mar 2024 30.000 putFebruary 16, 2024 | finance.yahoo.comMercury General Corporation Just Reported A Surprise Profit, And Analysts Lifted Their EstimatesFebruary 15, 2024 | finance.yahoo.comAM Best Affirms Credit Ratings of Mercury General Corporation and Its SubsidiariesFebruary 15, 2024 | finance.yahoo.comMercury General Corporation's (NYSE:MCY) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?February 13, 2024 | finance.yahoo.comMercury General (MCY) Surpasses Q4 Earnings and Revenue EstimatesFebruary 13, 2024 | benzinga.comMercury General: Q4 Earnings InsightsSee More Headlines Receive MCY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mercury General and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Ex-Dividend for 3/27 Dividend3/12/2024Dividend Payable3/27/2024Today4/24/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:MCY CUSIP58940010 CIK64996 Webwww.mercuryinsurance.com Phone(323) 937-1060Fax323-857-7116Employees4,100Year Founded1962Price Target and Rating Average Stock Price Target$33.00 High Stock Price Target$33.00 Low Stock Price Target$33.00 Potential Upside/Downside-40.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.74 Trailing P/E Ratio31.74 Forward P/E Ratio19.03 P/E GrowthN/ANet Income$96.34 million Net Margins2.08% Pretax Margin-3.54% Return on Equity1.17% Return on Assets0.25% Debt Debt-to-Equity Ratio0.42 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$4.63 billion Price / Sales0.66 Cash FlowN/A Price / Cash FlowN/A Book Value$27.49 per share Price / Book2.01Miscellaneous Outstanding Shares55,370,000Free Float35,714,000Market Cap$3.06 billion OptionableOptionable Beta0.80 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Christopher Wadewitz Graves (Age 58)VP & Chief Investment Officer Comp: $871.55kMr. Wilson Pang B.E. (Age 47)VP & Chief Technology Officer Comp: $1.11MMr. George Victor Joseph (Age 102)Executive Chairman of the Board Comp: $1.28MMr. Gabriel Tirador (Age 59)CEO & Director Comp: $1.31MMr. Victor George Joseph (Age 37)President, COO & Director Comp: $523.54kMr. Theodore Robert Stalick (Age 61)Senior VP & CFO Comp: $874.55kMr. Brandt N. Minnich (Age 57)VP & Chief Sales Development Officer Mr. Erik Dahl Thompson (Age 55)VP & Chief Marketing Officer Ms. Heidi C. Sullivan (Age 55)VP & Chief Human Capital Officer Mr. Randall R. Petro (Age 60)VP & Chief Claims Officer More ExecutivesKey CompetitorsWhite Mountains Insurance GroupNYSE:WTMThe Hanover Insurance GroupNYSE:THGSafety Insurance GroupNASDAQ:SAFTHCI GroupNYSE:HCIEmployersNYSE:EIGView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Sold 5,743 shares on 4/24/2024Ownership: 0.173%Absher Wealth Management LLCSold 11,139 shares on 4/23/2024Ownership: 1.264%Speece Thorson Capital Group Inc.Sold 79,013 shares on 4/23/2024Ownership: 0.441%New Mexico Educational Retirement BoardBought 5,500 shares on 4/23/2024Ownership: 0.010%Arthur M. Cohen & Associates LLCSold 400 shares on 4/22/2024Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions MCY Stock Analysis - Frequently Asked Questions Should I buy or sell Mercury General stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercury General in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MCY shares. View MCY analyst ratings or view top-rated stocks. What is Mercury General's stock price target for 2024? 1 brokers have issued 12-month price objectives for Mercury General's stock. Their MCY share price targets range from $33.00 to $33.00. On average, they anticipate the company's share price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 40.2%. View analysts price targets for MCY or view top-rated stocks among Wall Street analysts. How have MCY shares performed in 2024? Mercury General's stock was trading at $37.31 at the beginning of the year. Since then, MCY shares have increased by 47.9% and is now trading at $55.18. View the best growth stocks for 2024 here. Are investors shorting Mercury General? Mercury General saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 517,600 shares, an increase of 26.7% from the February 29th total of 408,400 shares. Based on an average daily volume of 194,600 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.0% of the company's shares are sold short. View Mercury General's Short Interest. When is Mercury General's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our MCY earnings forecast. How were Mercury General's earnings last quarter? Mercury General Co. (NYSE:MCY) issued its earnings results on Tuesday, February, 13th. The insurance provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.05 by $1.10. The insurance provider earned $1.21 billion during the quarter, compared to analyst estimates of $1.16 billion. Mercury General had a trailing twelve-month return on equity of 1.17% and a net margin of 2.08%. How often does Mercury General pay dividends? What is the dividend yield for Mercury General? Mercury General declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Wednesday, March 13th will be given a dividend of $0.317 per share on Wednesday, March 27th. This represents a $1.27 annualized dividend and a yield of 2.30%. The ex-dividend date is Tuesday, March 12th. Read our dividend analysis for MCY. Is Mercury General a good dividend stock? Mercury General (NYSE:MCY) pays an annual dividend of $1.27 per share and currently has a dividend yield of 2.30%. The dividend payout ratio is 72.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCY will have a dividend payout ratio of 32.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MCY. What ETFs hold Mercury General's stock? ETFs with the largest weight of Mercury General (NYSE:MCY) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), Counterpoint Quantitative Equity ETF (CPAI), Brandes U.S. Small-Mid Cap Value ETF (BSMC), Zacks Small/Mid Cap Core Portfolio ETF (SMIZ), Cambria Value and Momentum ETF (VAMO), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and IQ Chaikin U.S. Small Cap ETF (CSML). What is Gabriel Tirador's approval rating as Mercury General's CEO? 173 employees have rated Mercury General Chief Executive Officer Gabriel Tirador on Glassdoor.com. Gabriel Tirador has an approval rating of 84% among the company's employees. What other stocks do shareholders of Mercury General own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury General investors own include Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T), Pfizer (PFE), Altria Group (MO), Chevron (CVX), Gilead Sciences (GILD), Walgreens Boots Alliance (WBA) and Enterprise Products Partners (EPD). Who are Mercury General's major shareholders? Mercury General's stock is owned by many different institutional and retail investors. Top institutional investors include Absher Wealth Management LLC (1.26%), Speece Thorson Capital Group Inc. (0.44%), Assenagon Asset Management S.A. (0.17%), Arthur M. Cohen & Associates LLC (0.02%), Capital CS Group LLC (0.02%) and Range Financial Group LLC (0.02%). View institutional ownership trends. How do I buy shares of Mercury General? Shares of MCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MCY) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry Research1970’s computer coder issues shocking A.I. warningTradeSmithExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mercury General Co. 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