Mercury General Corp's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 67/118 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 100.00.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Mercury General Corp's Score
Industry at a Glance
Industry Ranking
67 / 118
Overall Ranking
235 / 4562
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Strong Buy
Current Rating
100.000
Target Price
+12.02%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Mercury General Corp Highlights
StrengthsRisks
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. Its automobile coverage includes collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured, and uninsured motorists, and other hazards. Its homeowners’ coverage includes dwelling, liability, personal property, and other coverages. It 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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 50.30% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 15.03%.
Overvalued
The company’s latest PE is 11.93, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 26.31M shares, decreasing 13.46% quarter-over-quarter.
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. Its automobile coverage includes collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured, and uninsured motorists, and other hazards. Its homeowners’ coverage includes dwelling, liability, personal property, and other coverages. It 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 SymbolMCY
CompanyMercury General Corp
CEORibisi (Mark Allan)
Websitehttps://www.mercuryinsurance.com/
FAQs
What is the current price of Mercury General Corp (MCY)?
The current price of Mercury General Corp (MCY) is 94.670.
What is the symbol of Mercury General Corp?
The ticker symbol of Mercury General Corp is MCY.
What is the 52-week high of Mercury General Corp?
The 52-week high of Mercury General Corp is 96.500.
What is the 52-week low of Mercury General Corp?
The 52-week low of Mercury General Corp is 44.191.
What is the market capitalization of Mercury General Corp?
The market capitalization of Mercury General Corp is 5.24B.
What is the net income of Mercury General Corp?
The net income of Mercury General Corp is 467.95M.
Is Mercury General Corp (MCY) currently rated as Buy, Hold, or Sell?
According to analysts, Mercury General Corp (MCY) has an overall rating of --, with a price target of 100.000.
What is the Earnings Per Share (EPS TTM) of Mercury General Corp (MCY)?
The Earnings Per Share (EPS TTM) of Mercury General Corp (MCY) is 7.937.