Mercury General Corporation (MCY): Price and Financial Metrics


Mercury General Corporation (MCY)

Today's Latest Price: $53.38 USD

0.05 (-0.09%)

Updated Jan 22 6:40pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 70 in Insurance - Property & Casualty

See all "A" rated Strong Buy stocks

MCY Stock Summary

  • MCY's went public 30.85 years ago, making it older than 84.09% of listed US stocks we're tracking.
  • MCY's price/sales ratio is 0.8; that's higher than the P/S ratio of just 19.75% of US stocks.
  • The volatility of Mercury General Corp's share price is greater than that of merely 19.43% US stocks with at least 200 days of trading history.
  • If you're looking for stocks that are quantitatively similar to Mercury General Corp, a group of peers worth examining would be WERN, MRTN, YRD, NHC, and PTSI.
  • Visit MCY's SEC page to see the company's official filings. To visit the company's web site, go to www.mercuryinsurance.com.

MCY Stock Price Chart Interactive Chart >

Price chart for MCY

MCY Price/Volume Stats

Current price $53.38 52-week high $55.71
Prev. close $53.43 52-week low $33.45
Day low $52.81 Volume 130,400
Day high $53.76 Avg. volume 225,521
50-day MA $49.01 Dividend yield 4.74%
200-day MA $43.43 Market Cap 2.96B

Mercury General Corporation (MCY) Company Bio


Mercury General Corporation writes personal automobile insurance, homeowners, commercial automobile, commercial property, mechanical breakdown, fire, and umbrella insurance. The company was founded in 1960 and is based in Los Angeles, California.

MCY Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$53.38$179.27 236%

We started the process of determining a valid price forecast for Mercury General Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mercury General Corp ranked in the 75th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 237.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MCY, they are:

  • MCY's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 28.25% of tickers in our DCF set.
  • Mercury General Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 17.42. This coverage rate is greater than that of 84.26% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • Relative to other stocks in its sector (Financial Services), Mercury General Corp has a reliance on debt greater than only 24.48% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%229%
1%233%
2%236%
3%239%
4%242%
5%246%

OXSQ, ESNT, RE, FAF, and ATAX can be thought of as valuation peers to MCY, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.


MCY Latest News Stream


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Latest MCY News From Around the Web

Below are the latest news stories about Mercury General Corp that investors may wish to consider to help them evaluate MCY as an investment opportunity.

Mercury General Corporation To Report Fourth Quarter Results On February 16, 2021

Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 16, 2021, the Company will issue an earnings press release reporting its results for the fourth quarter of 2020, and will also file its annual report on Form 10-K with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's annual report on Form 10-K.

Yahoo | January 11, 2021

Here's Why We Think Mercury General (NYSE:MCY) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Yahoo | December 25, 2020

Is MCY A Good Stock To Buy Now According To Hedge Funds?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 817 world-class investment firms that we track and now have access to the collective wisdom contained in […]

Yahoo | December 20, 2020

Barron’s Stock Pick: This Auto Insurer’s Hefty 5.4% Yield Is Just One of Its Many Charms

With its 5.4% dividend yield, auto insurer Mercury General gives investors ample income as they await a potential sale of the company after the death of its 99-year-old founder.

Yahoo | December 13, 2020

Mercury Insurance and Wildfire Expert Douglas Kent Explain How Californians Can Fireproof Their Homes

The severity of wildfires – and the devastation they leave in their wake – is no secret to those who live in fire country, and preparing homes and properties to help protect against their damage is imperative. However, this can be an overwhelming undertaking if you don't know where to start.

Yahoo | December 3, 2020

Read More 'MCY' Stories Here

MCY Price Returns

1-mo N/A
3-mo 34.64%
6-mo 29.53%
1-year 16.31%
3-year 22.11%
5-year 51.91%
YTD 2.24%
2020 13.43%
2019 -1.23%
2018 1.67%
2017 -7.23%
2016 35.26%

MCY Dividends

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