MCY Stock Price, Mercury General Corp Quote, Chart

Market Summary

USD57.99+0.03

Delayedas of 17 May 2024, 10:35 am

0.05%

MCY Alerts

Big jump in Earnings (Y/Y)

MCY Stock Price

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MCY RSI Chart

MCY Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

14.92

Price/Sales (Trailing)

0.67

EV/EBITDA

7.66

Price/Free Cashflow

5.11

MCY Price/Sales (Trailing)

MCY Profitability

EBT Margin

5.23%

Return on Equity

13.41%

Return on Assets

2.91%

Free Cashflow Yield

19.55%

MCY Fundamentals

MCY Revenue

Revenue (TTM)

4.8B

Rev. Growth (Yr)

15.14%

Rev. Growth (Qtr)

-7.31%

MCY Earnings

Earnings (TTM)

215.1M

Earnings Growth (Yr)

262.21%

Earnings Growth (Qtr)

-61.61%

Breaking Down MCY Revenue

52 Week Range

27.2758.22

(Low)(High)

Last 7 days

0.0%

Last 30 days

8.7%

Last 90 days

14.5%

Trailing 12 Months

88.5%

How does MCY drawdown profile look like?

MCY Financial Health

MCY Investor Care

Dividend Yield

4.2%

Dividend/Share (TTM)

2.19

Diluted EPS (TTM)

3.89

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.8B	0	0	0
2023	3.9B	4.2B	4.4B	4.6B
2022	3.9B	3.7B	3.6B	3.6B
2021	4.1B	4.1B	4.0B	4.1B
2020	3.7B	3.7B	3.7B	3.8B
2019	3.6B	3.7B	3.8B	4.0B
2018	3.4B	3.4B	3.4B	3.4B
2017	3.3B	3.2B	3.3B	3.4B
2016	3.1B	3.2B	3.3B	3.2B
2015	3.0B	2.9B	2.9B	3.0B
2014	2.8B	3.0B	3.0B	3.0B
2013	2.8B	2.8B	2.8B	2.8B
2012	2.8B	2.7B	2.9B	2.8B
2011	2.8B	2.8B	2.7B	2.8B
2010	3.0B	2.9B	2.8B	2.8B
2009	0	2.6B	2.9B	3.1B
2008	0	0	0	2.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Mercury General Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 28, 2023	little joshua eric	bought	7,140	28.56	250	-
May 12, 2023	little joshua eric	bought	7,332	29.3318	250	-
Mar 13, 2023	little joshua eric	bought	7,463	29.8541	250	-
Mar 07, 2023	petro randall r	sold	-2,205	31.97	-69.00	vice president - claims
Feb 23, 2023	joseph george	sold	-23,245	34.4882	-674	chairman of the board
Feb 21, 2023	stalick theodore r	gifted	-3,481	34.81	-100	cfo/vice president
Aug 26, 2022	little joshua eric	bought	13,264	33.16	400	-
Jul 18, 2022	toney charles	acquired	102,808	41.86	2,456	vp-actuary
May 19, 2022	little joshua eric	bought	4,733	47.3304	100	-

Which funds bought or sold MCY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Engineers Gate Manager LP	new	-	1,126,170	1,126,170	0.03%
May 15, 2024	Wallace Capital Management Inc.	reduced	-2.09	810,555	3,099,790	0.42%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	2.3	7,840,280	26,738,800	0.01%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	new	-	162,235	162,235	0.04%
May 15, 2024	DEUTSCHE BANK AG\	added	5.54	221,910	704,701	-%
May 15, 2024	Corton Capital Inc.	new	-	275,905	275,905	0.10%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	unchanged	-	971	3,509	-%
May 15, 2024	SEMPER AUGUSTUS INVESTMENTS GROUP LLC	added	0.21	20,034,500	71,942,000	13.16%
May 15, 2024	MORGAN STANLEY	added	16.71	12,407,200	32,610,200	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	4.52	345,000	1,120,000	-%

Are Funds Buying or Selling MCY?

Are funds buying MCY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MCY

No. of Funds

MCY Alerts

Big jump in Earnings (Y/Y)

Unveiling Mercury General Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.79%	3,208,257	SC 13G/A
Jan 24, 2024	blackrock inc.	10.0%	5,552,756	SC 13G/A
May 05, 2023	blackrock inc.	10.5%	5,823,960	SC 13G/A
Feb 09, 2023	vanguard group inc	5.70%	3,158,540	SC 13G
Jan 24, 2023	blackrock inc.	9.8%	5,438,480	SC 13G
Aug 28, 2020	joseph george	35.4%	19,613,615	SC 13G/A
Feb 13, 2020	state street corp	1.84%	1,020,851	SC 13G/A

Recent SEC filings of Mercury General Corp

View All Filings

Date Filed	Form Type	Document
May 09, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	10-Q	Quarterly Report
Mar 26, 2024	DEFA14A	DEFA14A
Mar 26, 2024	DEF 14A	DEF 14A
Mar 26, 2024	ARS	ARS
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	8-K	Current Report
Feb 13, 2024	10-K	Annual Report

Peers (Alternatives to Mercury General Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	-	3182.05%	-5.3K	838.33	-10.27%	-34.69%
AJG	55.8B	10.6B	10.41%	18.83%	51.13	5.26	20.42%	-6.05%
AIG	52.2B	48.4B	6.65%	46.48%	10.82	1.08	-4.15%	-20.63%
TRV	50.2B	42.9B	-1.75%	20.66%	15.99	1.17	13.52%	12.15%
AFL	49.5B	19.3B	8.36%	31.67%	9.26	2.56	3.03%	17.35%
ACGL	37.1B	14.4B	8.73%	35.25%	7.65	2.57	32.92%	143.01%
AFG	11.2B	8.0B	5.23%	15.55%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	4.70%	14.80%	7.57	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	2.52%	34.85%	11.92	0.8	9.81%	217.29%
LNC	5.1B	11.9B	10.11%	43.42%	3.78	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	19.51%	50.60%	-36.97	1.59	18.74%	30.90%
AMSF	888.4M	308.9M	-5.04%	-15.64%	14.4	2.88	3.79%	10.94%
AMBC	816.3M	314.0M	26.77%	23.65%	14.2	2.6	-29.20%	-88.19%
AAME	34.9M	187.5M	-14.07%	-22.97%	-48.25	0.19	2.74%	73.83%

Mercury General Corp News

Latest updates

Mercury General Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.3%	1,274	1,375	1,065	1,083	1,107	1,152	900	786	805	1,125	941	1,019	993	1,072	999	1,006	708	988	987	979	1,018
EBITDA Margin	72.4%	0.07*	0.04*	-0.01*	-0.04*	-0.10*	-0.16*	-0.14*	-0.11*	0.00*	0.10*	0.14*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.0%	8.00	8.00	6.00	6.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Income Taxes	-66.1%	16.00	47.00	-7.00	-19.67	-16.79	-10.57	-30.60	-60.66	-56.21	4.00	-4.67	26.00	25.00	40.00	28.00	57.00	-41.50	-3.22	12.00	18.00	31.00
Earnings Before Taxes	-62.5%	89.00	238	-15.20	-61.21	-62.08	-17.36	-128	-271	-253	35.00	-3.38	135	132	207	147	285	-180	28.00	81.00	102	167
EBT Margin	143.3%	0.05*	0.02*	-0.04*	-0.06*	-0.12*	-0.18*	-0.17*	-0.13*	-0.02*	0.07*	0.12*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	-61.6%	73.00	191	-8.20	-41.54	-45.29	-6.77	-98.30	-210	-196	30.00	1.00	109	107	167	119	228	-139	32.00	69.00	83.00	136
Net Income Margin	115.5%	0.04*	0.02*	-0.02*	-0.05*	-0.09*	-0.14*	-0.13*	-0.10*	-0.01*	0.06*	0.10*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-14.5%	193	225	122	87.00	18.00	68.00	90.00	88.00	107	74.00	111	143	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.1%	7,396	7,103	6,922	6,691	6,589	6,514	6,455	6,500	6,667	6,772	6,754	6,697	6,554	6,328	6,146	5,917	5,717	5,889	5,873	5,717	5,607
Cash Equivalents	-3.8%	530	551	454	358	270	290	336	290	296	336	342	379	338	348	322	262	253	294	315	240	270
Net PPE	0.8%	152	151	149	160	159	171	190	190	191	191	186	182	178	179	175	172	169	169	168	163	156
Goodwill	0%	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00
Liabilities	4.3%	5,792	5,555	5,548	5,291	5,130	4,992	4,908	4,837	4,759	4,632	4,609	4,518	4,450	4,296	4,245	4,100	4,093	4,090	4,071	3,949	3,887
Shareholder's Equity	3.6%	1,604	1,548	1,374	99.00	1,459	1,423	1,546	99.00	99.00	2,140	2,145	99.00	2,006	99.00	1,901	1,718	1,525	99.00	1,803	1,669	98.00
Retained Earnings	3.9%	1,505	1,449	1,275	1,301	1,360	1,423	1,448	1,563	1,809	2,041	2,046	2,080	2,006	1,934	1,802	1,718	1,525	1,701	1,704	1,669	1,621
Accumulated Depreciation	2.5%	331	323	315	307	324	333	325	318	316	309	302	297	292	286	280	294	318	312	373	370	364
Shares Outstanding	0%	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	804	-	-	-	1,176	-	-	-	1,726	-	-	-	1,080	-	-	-	1,705	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-14.5%	192,626	225,335	122,291	87,189	18,173	67,718	89,965	88,328	106,578	73,555	110,788	142,722	174,519	162,364	183,669	162,437	97,146	106,085	147,970	90,936	174,687
Share Based Compensation	-	-	-	-	-	-	-	-	-	15.00	35.00	36.00	35.00	35.00	36.00	36.00	35.00	35.00	35.00	36.00	36.00	16.00
Cashflow From Investing	-76.3%	-194,879	-110,540	-133,284	17,887	-69,500	-120,891	-26,290	-58,782	-110,421	-44,384	-112,398	-67,520	-149,368	-100,391	-88,817	-118,245	-103,833	-92,292	-38,184	-86,125	-184,600
Cashflow From Financing	-4.1%	-18,565	-17,828	107,206	-17,733	31,931	7,063	-17,791	-35,308	-35,950	-35,220	-35,399	-35,017	-35,200	-35,623	-34,876	-34,875	-34,875	-34,765	-34,736	-34,596	-34,273
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,875	34,875	34,736	34,734	34,726

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MCY Income Statement

2024-03-31

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Net premiums earned	$ 1,166,679	$ 1,004,704
Net investment income	65,018	51,973
Net realized investment gains	38,192	49,008
Other	4,196	894
Total revenues	1,274,085	1,106,579
Expenses:
Losses and loss adjustment expenses	903,965	929,529
Policy acquisition costs	196,040	164,507
Other operating expenses	77,087	69,690
Interest	7,773	4,931
Total expenses	1,184,865	1,168,657
Income (loss) before income taxes	89,220	(62,078)
Income tax expense (benefit)	15,758	(16,790)
Net income (loss)	$ 73,462	$ (45,288)
Net income (loss) per share:
Basic (in dollars per share)	$ 1.33	$ (0.82)
Diluted (in dollars per share)	$ 1.33	$ (0.82)
Weighted average shares outstanding:
Basic (in shares)	55,371	55,371
Diluted (in shares)	55,372	55,371

MCY Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Fixed maturity securities (amortized cost $4,574,492; $4,394,983)	$ 4,489,552	$ 4,319,336
Equity securities (cost $690,856; $654,939)	801,108	730,693
Short-term investments (cost $163,454; $179,375)	162,466	178,491
Total investments	5,453,126	5,228,520
Cash	530,085	550,903
Receivables:
Premiums	682,473	607,025
Allowance for credit losses on premiums receivable	(5,800)	(5,300)
Premiums receivable, net of allowance for credit losses	676,673	601,725
Accrued investment income	61,198	59,128
Other	30,040	25,603
Total receivables	767,911	686,456
Reinsurance recoverables (net of allowance for credit losses $0; $12)	29,964	31,947
Deferred policy acquisition costs	307,938	293,844
Fixed assets (net of accumulated depreciation $330,764; $322,729)	152,462	151,183
Operating lease right-of-use assets	14,371	14,406
Current income taxes	0	4,081
Deferred income taxes	31,367	33,013
Goodwill	42,796	42,796
Other intangible assets, net	8,353	8,333
Other assets	57,595	57,915
Total assets	7,395,968	7,103,397
Liabilities
Loss and loss adjustment expense reserves	2,859,220	2,785,702
Unearned premiums	1,854,184	1,735,660
Notes payable	573,829	573,729
Accounts payable and accrued expenses	178,086	175,219
Operating lease liabilities	14,425	14,231
Current income taxes	6,628	0
Other liabilities	305,569	270,711
Total liabilities	5,791,941	5,555,252
Commitments and contingencies
Shareholders’ equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 55,371; 55,371	98,947	98,947
Retained earnings	1,505,080	1,449,198
Total shareholders’ equity	1,604,027	1,548,145
Total liabilities and shareholders’ equity	$ 7,395,968	$ 7,103,397

About Mercury General Corp

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, fire, and other hazards. The company sells its policies through a network of independent agents and 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.

CEO	Mr. Gabriel Tirador
WEBSITE	mercuryinsurance.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	4300

Mercury General Corp Frequently Asked Questions

What is the ticker symbol for Mercury General Corp? What does MCY stand for in stocks?

MCY is the stock ticker symbol of Mercury General Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mercury General Corp (MCY)?

As of Thu May 16 2024, market cap of Mercury General Corp is 3.21 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MCY stock?

You can check MCY's fair value in chart for subscribers.

What is the fair value of MCY stock?

You can check MCY's fair value in chart for subscribers. The fair value of Mercury General Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mercury General Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MCY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mercury General Corp a good stock to buy?

The fair value guage provides a quick view whether MCY is over valued or under valued. Whether Mercury General Corp is cheap or expensive depends on the assumptions which impact Mercury General Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MCY.

What is Mercury General Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, MCY's PE ratio (Price to Earnings) is 14.92 and Price to Sales (PS) ratio is 0.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MCY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mercury General Corp's stock?

In the past 10 years, Mercury General Corp has provided 0.061 (multiply by 100 for percentage) rate of return.