Mercury General Corporation (MCY): Price and Financial Metrics


Mercury General Corporation (MCY)

Today's Latest Price: $40.71 USD

0.46 (1.14%)

Updated Oct 30 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 59 in Insurance - Property & Casualty

See all "A" rated Strong Buy stocks

MCY Stock Summary

  • MCY's went public 30.62 years ago, making it older than 84.3% of listed US stocks we're tracking.
  • With a price/sales ratio of 0.61, Mercury General Corp has a higher such ratio than just 22% of stocks in our set.
  • In terms of volatility of its share price, MCY is more volatile than merely 6.2% of stocks we're observing.
  • Stocks that are quantitatively similar to MCY, based on their financial statements, market capitalization, and price volatility, are WERN, TWIN, NHC, CULP, and JBLU.
  • 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 $40.71 52-week high $53.97
Prev. close $40.25 52-week low $33.45
Day low $40.10 Volume 236,972
Day high $41.01 Avg. volume 305,756
50-day MA $42.46 Dividend yield 6.19%
200-day MA $42.39 Market Cap 2.25B

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:
$40.71$148.7 270%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Mercury General Corp. To summarize, we found that Mercury General Corp ranked in the 71th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Mercury General Corp, consider:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 84. Its equity weight surpasses that of 73.66% of free cash flow generating stocks in the Financial Services sector.
  • MCY's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 25.29% 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 13.56. This coverage rate is greater than that of 82.23% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%263%
1%267%
2%270%
3%274%
4%278%
5%281%

PGR, CACC, FCRD, WRLD, and RE 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 in California Reports 2Q Earnings of $228M

Mercury General Corp. on Monday reported second-quarter earnings of $228.2 million. The Los Angeles-based company said it had net income of $4.12 per share. Earnings, adjusted for investment gains, were $1.86 per share. The auto insurance company posted revenue of …

Insurance Journal | August 4, 2020

Mercury General Corporation's (MCY) CEO Gabriel Tirador on Q2 2020 Results - Earnings Call Transcript

Mercury General Corporation (MCY) Q2 2020 Results Earnings Conference Call August 3, 2020, 1:00 PM ET Company Participants Gabriel Tirador - President and CEO George Joseph - Chairman Ted Stalick - Senior Vice President and CFO Jeff Schroeder - Vice President and CPO Chris Graves - Vice President and CIO...

SA Transcripts on Seeking Alpha | August 3, 2020

Mercury General Corporation Announces Second Quarter Results and Declares Quarterly Dividend

LOS ANGELES, Aug. 3, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2020: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2020 2019 $ % 2020 2019 $ % (000's except per-share amounts and…

PR Newswire | August 3, 2020

Mercury General Q2 2020 Earnings Preview

Mercury General (NYSE:MCY) is scheduled to announce Q2 earnings results on Monday, August 3rd, before market open.The consensus EPS Estimate is $0.34 (-54.1% Y/Y) and the consensus net premium earned estimate is $840.71M (-10.2% Y/Y).Over the last 2 years, MCY has beaten EPS estimates 63% of the time and has...

Seeking Alpha | August 2, 2020

Mercury General Corporation's (NYSE:MCY) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?

Most readers would already know that Mercury General's (NYSE:MCY) stock increased by 5.3% over the past three months...

Yahoo | July 31, 2020

Read More 'MCY' Stories Here

MCY Price Returns

1-mo -1.26%
3-mo -3.75%
6-mo 6.15%
1-year -11.12%
3-year -15.37%
5-year -0.06%
YTD -12.66%
2019 -1.23%
2018 1.67%
2017 -7.23%
2016 35.26%
2015 -13.85%

MCY Dividends

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