NYSE:MCY Mercury General (MCY) Stock Price, News & Analysis → Crypto Market Preps For Trillions Worth of Inflows! (From Crypto 101 Media) (Ad) Free MCY Stock Alerts $51.84 +2.72 (+5.54%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$49.41▼$52.0350-Day Range$38.28▼$51.8452-Week Range$26.15▼$52.42Volume441,360 shsAverage Volume189,232 shsMarket Capitalization$2.87 billionP/E Ratio29.79Dividend Yield2.45%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/Downside36.3% Downside$33.00 Price TargetShort InterestHealthy1.95% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews SentimentN/AInsider 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.4.04 out of 5 starsFinance Sector300th out of 844 stocksFire, Marine, & Casualty Insurance Industry21st 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.00, Mercury General has a forecasted downside of 36.3% from its current price of $51.84.Amount of Analyst CoverageMercury General has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.95% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mercury General has recently increased by 26.74%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMercury General pays a meaningful dividend of 2.60%, 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 1.1 News and Social Media Coverage News SentimentMercury General has a news sentiment score of -1.00. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Mercury General this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for MCY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows7 people have added Mercury General to their MarketBeat watchlist in the last 30 days. This is an increase of 75% 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 29.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercury General is 29.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.81.Price to Book Value per Share RatioMercury General has a P/B Ratio of 1.89. 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 Behind the MarketsThe Small Biotech with a BIG Cancer SolutionThere's a new cancer treatment so precise, it's been called a "smart bomb." One that can deliver a toxic payload directly to tumors while bypassing healthy cells.Get the full story here >>> 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 HeadlinesMarch 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 28, 2024 | Huge Alerts (Ad)Trending Stocks Sent To You In Real Time Sign up today and get instant access to our next stock alert! You do not want to miss out on this next pick! Our stock picks have been known to soar! March 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 56.10March 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 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 InsightsFebruary 13, 2024 | finance.yahoo.comMercury General Corporation Announces Fourth Quarter and Fiscal 2023 Results and Declares Quarterly DividendFebruary 13, 2024 | finance.yahoo.comMercury General Corp (MCY) Posts Turnaround with Strong Q4 and Fiscal 2023 ResultsFebruary 12, 2024 | msn.comMercury General Q4 2023 Earnings PreviewFebruary 8, 2024 | finance.yahoo.comMercury Insurance Invests in a New Vision of Data Science with the Appointment of Chief Data Analytics OfficerJanuary 24, 2024 | wsj.comMercury General Corp.January 18, 2024 | tmcnet.comMercury® Financial Partners with Amazon to Deliver Even More Convenience to CustomersJanuary 16, 2024 | finance.yahoo.comMERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 13, 2024January 11, 2024 | msn.comSee the elusive planet Mercury at its best and brightest on FridayDecember 20, 2023 | finance.yahoo.comMercury Insurance Partners with LA Kings to Bring First-of-Their-Kind Experiences to FansDecember 19, 2023 | finance.yahoo.comMercury Insurance Offers Winter Safety Guide to Navigate Rain and SnowSee 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 Ex-Dividend for 12/28 Dividend12/13/2023Dividend Payable12/28/2023Last Earnings2/13/2024Ex-Dividend for 3/27 Dividend3/12/2024Today3/27/2024Dividend Payable3/27/2024Next Earnings (Estimated)5/07/2024Fiscal 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-36.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.74 Trailing P/E Ratio29.79 Forward P/E Ratio17.88 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 / Sales0.62 Cash FlowN/A Price / Cash FlowN/A Book Value$27.49 per share Price / Book1.89Miscellaneous Outstanding Shares55,370,000Free Float35,714,000Market Cap$2.87 billion OptionableOptionable Beta0.79 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. 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. Christopher Wadewitz Graves (Age 58)VP & Chief Investment Officer Comp: $676.25kMr. Wilson Pang B.E. (Age 47)VP & Chief Technology Officer Mr. 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 CompetitorsSafety Insurance GroupNASDAQ:SAFTHCI GroupNYSE:HCIEmployersNYSE:EIGAMERISAFENASDAQ:AMSFWhite Mountains Insurance GroupNYSE:WTMView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 1,670 shares on 3/25/2024Ownership: 0.018%Vanguard Group Inc.Bought 5,633 shares on 3/11/2024Ownership: 5.794%Speece Thorson Capital Group Inc.Sold 60,490 shares on 2/23/2024Ownership: 0.584%Quarry LPBought 230 shares on 2/20/2024Ownership: 0.002%Legal & General Group PlcBought 526 shares on 2/15/2024Ownership: 0.136%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 equities research 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 equities research 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 Wall Street research analysts have issued twelve-month price targets for Mercury General's stock. Their MCY share price targets range from $33.00 to $33.00. On average, they predict the company's stock price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 36.3%. 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 stock has increased by 38.9% and is now trading at $51.84. 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 trading volume of 194,600 shares, the short-interest ratio is presently 2.7 days. Approximately 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, May 7th 2024. View our MCY earnings forecast. How were Mercury General's earnings last quarter? Mercury General Co. (NYSE:MCY) posted its earnings results on Tuesday, February, 13th. The insurance provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $1.10. The insurance provider earned $1.21 billion during the quarter, compared to the consensus estimate of $1.16 billion. Mercury General had a net margin of 2.08% and a trailing twelve-month return on equity of 1.17%. 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. Shareholders 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 2.45%. The ex-dividend date of this dividend 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 2.60%. 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 ETF holds Mercury General's stock? Invesco KBW Property & Casualty Insurance ETF holds 144,480 shares of MCY stock, representing 2.15% of its portfolio. 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.79%), Vanguard Group Inc. (5.79%), Dimensional Fund Advisors LP (3.42%), Charles Schwab Investment Management Inc. (0.91%), Nuveen Asset Management LLC (0.60%) and Speece Thorson Capital Group Inc. (0.58%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.