Mercury Insurance/MCY

$52.01

2.18%
-
1D1W1MYTD1YMAX

About Mercury Insurance

Mercury General Corporation is an insurance holding company engaged in writing personal automobile insurance business. The Company writes homeowners, commercial automobile, commercial property, mechanical protection and umbrella insurance. The Company’s automobile coverages include collision, property damage, bodily injury, personal injury protection, underinsured, and uninsured motorist and other hazards. Its homeowners’ coverage includes dwelling, liability, personal property, fire and other hazards. The Company offers standard, non-standard and preferred private passenger automobile insurance. It also offers homeowners insurance in approximately 10 states, commercial automobile insurance in approximately four states, and mechanical protection insurance in various states. Its subsidiaries include Mercury Casualty Company, California Automobile Insurance Company, Orion Indemnity Company, American Mercury Insurance Company, Animas Funding LLC, and Mercury Insurance Company of Illinois.

Ticker

MCY

Sector

Financials

Trading on

NYSE

Industry

Insurance (Prop. & Casualty)

CEO

George Joseph

Employees

4,100

Headquarters

Los angeles, United States

MCY Metrics

BasicAdvanced
$2.82B
Market cap
29.26
P/E ratio
$1.74
EPS
0.80
Beta
$1.27
Dividend rate
2.5%
Dividend yield
$2.82B
0.80402
$53.55
$26.15
211.23K
$1.27
37.059
37.059
73%
34.43%
1.41%
6.28%
29.256
0.609
1.82
1.883
8.149
4.76%
2.5%
2.5%
27.08%
118.79%
6.95%
-36.41%
-20.45%

What the Analysts think about MCY

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 1 analyst.
5.75% upside
High $55.00
Low $55.00
$52.01
Current price
$55.00
Average price target

MCY Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.91% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.37B
29.06%
Net income
$191.3M
-2,432.93%
Profit margin
13.91%
-1,930.26%

MCY Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 489.74%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$1.52
-$0.47
$1.14
$1.15
-
Expected
-$1.13
-$0.44
$0.15
$0.20
$0.13
Surprise
35.11%
6.82%
686.21%
489.74%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Mercury Insurance stock?

Mercury Insurance (MCY) has a market cap of $2.82B as of April 16, 2024.

What is the P/E ratio for Mercury Insurance stock?

The price to earnings (P/E) ratio for Mercury Insurance (MCY) stock is 29.26 as of April 16, 2024.

Does Mercury Insurance stock pay dividends?

Yes, the Mercury Insurance (MCY) stock pays dividends to shareholders. As of April 16, 2024, the dividend rate is $1.27 and the yield is 2.5%. Mercury Insurance has a payout ratio of 73% on a trailing twelve-month basis.

When is the next Mercury Insurance dividend payment date?

The next Mercury Insurance (MCY) dividend payment date is unconfirmed.

What is the beta indicator for Mercury Insurance?

Mercury Insurance (MCY) has a beta rating of 0.8. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Mercury Insurance stock price target?

The target price for Mercury Insurance (MCY) stock is $55, which is 5.75% above the current price of $52.01. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Mercury Insurance stock

Buy or sell Mercury Insurance stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing