Mercury General Corporation (MCY)
| Market Cap | 3.35B |
| Revenue (ttm) | 5.60B |
| Net Income (ttm) | 286.16M |
| Shares Out | 55.39M |
| EPS (ttm) | 5.16 |
| PE Ratio | 11.73 |
| Forward PE | 17.05 |
| Dividend | $1.27 (2.10%) |
| Ex-Dividend Date | Jun 12, 2025 |
| Volume | 347,751 |
| Open | 62.00 |
| Previous Close | 60.19 |
| Day's Range | 59.65 - 62.30 |
| 52-Week Range | 44.19 - 80.72 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 80.00 (+32.21%) |
| Earnings Date | May 6, 2025 |
About 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 cover... [Read more]
Financial Performance
In 2024, Mercury General's revenue was $5.48 billion, an increase of 18.27% compared to the previous year's $4.63 billion. Earnings were $467.95 million, an increase of 385.75%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MCY stock is "Strong Buy" and the 12-month stock price forecast is $80.0.
News
Mercury Insurance Shares How to Prepare for an Evacuation During Wildfire Season
Tips to Help Families Stay Safe and Ready During Wildfire Awareness Month LOS ANGELES , May 9, 2025 /PRNewswire/ -- In recognition of Wildfire Awareness Month, Mercury Insurance is sharing timely, pra...
Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend
LOS ANGELES , May 6, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2025: Consolidated Highlights Three Months Ended March 31, Change 2025 2024 $ ...
Mercury Insurance Offers Eco-Friendly Home Tips That Benefit You and the Planet
Earth Month is the Perfect Time to Start Living Sustainably LOS ANGELES , April 30, 2025 /PRNewswire/ -- Reducing your carbon footprint and creating an environmentally friendly living space starts at ...
Smart Car Shopping: Tips to Find the Right Ride for You
A guide to budgeting, researching and choosing a vehicle that fits your life and wallet LOS ANGELES , April 28, 2025 /PRNewswire/ -- Shopping for a new or used vehicle requires a great deal of researc...
Distracted Driving Awareness Month: Mercury Insurance Offers Driving Tips That Could Save Lives
Safe Driving May Also Offer Savings on Auto Insurance LOS ANGELES , April 25, 2025 /PRNewswire/ -- Each year, 1.19 million people are killed on roadways around the world, according to the U.S. Centers...
Mercury Insurance Named to Forbes' America's Best Employers 2025 List
Recognition Highlights Mercury's Commitment to Team Members Growth and Company Culture LOS ANGELES , April 16, 2025 /PRNewswire/ -- Mercury Insurance has been awarded a spot on the Forbes list of Amer...
MERCURY GENERAL CORPORATION TO REPORT FIRST QUARTER RESULTS ON MAY 6, 2025
LOS ANGELES , April 14, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 6, 2025, the Company will issue an earnings press relea...
Road Tripping in an EV? Mercury Insurance Advises How to Prepare
Planning Out Charges and Reviewing Your Auto Insurance Policy are Essential LOS ANGELES , April 9, 2025 /PRNewswire/ -- Although the adoption of electric vehicles (EVs) has slowed among consumers, mil...
Mercury Insurance Offers Homeowners Recommendations on Tax Deductions That Could Save You Thousands
Make a Checklist to Review with Your Tax Preparer LOS ANGELES , April 3, 2025 /PRNewswire/ -- One of the most difficult parts of preparing your taxes is gathering all of the paperwork. If you own your...
Mercury General: Wildfires, Reform And Opportunity
Despite a sharp stock drop from the January 2025 wildfires, the market overreacted; actual losses are manageable, and a significant upside remains. Regulatory reforms and rate increases approved by th...
Bodily Injury Costs Increase in Georgia, According to Mercury Insurance
Mercury's New Umbrella Insurance Better Protects Georgians' Personal Wealth Against Bodily Injury Claims LOS ANGELES , March 31, 2025 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery per...
Mercury Insurance Explains How Uninsured Drivers Affect Insurance Costs and How You Can Protect Yourself
14% of U.S. Drivers Do Not Have Auto Insurance LOS ANGELES , March 27, 2025 /PRNewswire/ -- A greater number of Americans are getting behind the wheel without auto insurance, raising costs for all dri...
AM Best Revises Outlooks to Negative for Mercury General Corporation and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating...
Mercury General Corporation (MCY) Q4 2024 Earnings Call Transcript
Mercury General Corporation (NYSE:MCY) Q4 2024 Earnings Call February 12, 2025 12:00 PM ET Company Participants Gabriel Tirador - Chief Executive Officer Victor Joseph - President and Chief Operating...
Mercury General Corporation Announces Fourth Quarter and Fiscal 2024 Results and Declares Quarterly Dividend
LOS ANGELES , Feb. 11, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2024 results: Consolidated Highlights Three Months Ended December 31, C...
MERCURY GENERAL CORPORATION TO DISCUSS FOURTH QUARTER 2024 RESULTS AND THE RECENT SOUTHERN CALIFORNIA WILDFIRES ON FEBRUARY 12, 2025
(Follow-Up to January 24 th Press Release with Access Information) LOS ANGELES , Feb. 5, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) will host an investor conference call and webcast ...
Mercury Insurance Offers Essential Winter Car Preparation Tips
Ensure your vehicle is ready to handle colder weather and challenging road conditions LOS ANGELES , Jan. 30, 2025 /PRNewswire/ -- As winter approaches, drivers face potential challenges like icy roads...
3 Insurance Stocks to Sell After LA's Wildfires
The financial damage inflicted on Los Angeles after January's massive wildfires has put homeowners on the brink and placed insurance companies in jeopardy.
MERCURY GENERAL CORPORATION TO REPORT FOURTH QUARTER RESULTS ON FEBRUARY 11, 2025
LOS ANGELES , Jan. 22, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 11, 2025, the Company will issue an earnings press ...
Safety Insurance Vs. Mercury General: A Tale Of Two Insurers
Safety Insurance shows improvement but still struggles with underwriting losses; maintaining a "HOLD" rating due to ongoing challenges and valuation concerns. Mercury General has turned a corner with ...
Top 4 Financial Stocks You'll Regret Missing This Month
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Mercury General Corporation Provides Additional Information Regarding Recent Wildfires in Southern California and Its Reinsurance Program
LOS ANGELES , Jan. 20, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company" or "Mercury") is providing more information about the recent Southern California Wildfires, known as the Palisade...
Mercury General: Should You Buy The Dip?
Mercury General Corporation faces significant exposure to LA wildfires due to its high concentration of homeowners insurance in California. Despite the potential $251 million hit, Mercury's reinsuranc...
Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires
Company Stands With Californians as They Begin Their Rebuilding Efforts LOS ANGELES , Jan. 17, 2025 /PRNewswire/ -- Mercury Insurance is providing comprehensive support to its customers impacted by th...
Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising ...