Mercury General (MCY) Projected to Post Quarterly Earnings on Tuesday

Mercury General (NYSE:MCY) is expected to announce its Q2 2025 earnings results after the market closes on Tuesday, July 29th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $1.45 billion for the quarter.

Mercury General (NYSE:MCY) last released its quarterly earnings results on Tuesday, May 6th. The insurance provider reported ($2.29) EPS for the quarter, beating the consensus estimate of ($4.00) by $1.71. Mercury General had a net margin of 5.11% and a return on equity of 12.52%. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.36 billion. On average, analysts expect Mercury General to post $-1 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Mercury General Stock Up 0.5%

MCY stock opened at $69.69 on Friday. The company has a fifty day moving average price of $65.16 and a 200 day moving average price of $57.82. Mercury General has a 12 month low of $44.19 and a 12 month high of $80.72. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 13.51 and a beta of 0.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.51 and a quick ratio of 0.51.

Mercury General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were given a $0.3175 dividend. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $1.27 annualized dividend and a yield of 1.82%. Mercury General’s dividend payout ratio (DPR) is 24.61%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Mercury General from a “hold” rating to a “buy” rating in a research note on Monday, May 12th.

Hedge Funds Weigh In On Mercury General

Several institutional investors have recently bought and sold shares of MCY. Empowered Funds LLC increased its stake in Mercury General by 1.7% in the 1st quarter. Empowered Funds LLC now owns 10,923 shares of the insurance provider’s stock valued at $611,000 after buying an additional 185 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Mercury General by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,935 shares of the insurance provider’s stock valued at $891,000 after buying an additional 702 shares during the period. Royal Bank of Canada increased its stake in Mercury General by 58.8% in the 1st quarter. Royal Bank of Canada now owns 54,312 shares of the insurance provider’s stock valued at $3,036,000 after buying an additional 20,115 shares during the period. Finally, Millennium Management LLC increased its stake in Mercury General by 8.5% in the 1st quarter. Millennium Management LLC now owns 111,327 shares of the insurance provider’s stock valued at $6,223,000 after buying an additional 8,742 shares during the period. 42.39% of the stock is owned by institutional investors and hedge funds.

Mercury General Company Profile

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.