MCY Stock Price, Mercury General Corp Quote, Chart

Market Summary

USD54.23-0.99

Market Closed

-1.79%

MCY Stock Price

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MCY RSI Chart

MCY Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

31.16

Price/Sales (Trailing)

0.65

EV/EBITDA

12.52

Price/Free Cashflow

6.63

MCY Price/Sales (Trailing)

MCY Profitability

EBT Margin

2.15%

Return on Equity

6.22%

Return on Assets

1.36%

Free Cashflow Yield

15.09%

MCY Fundamentals

MCY Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

19.36%

Rev. Growth (Qtr)

29.05%

MCY Earnings

Earnings (TTM)

96.4M

Earnings Growth (Yr)

2.9K%

Earnings Growth (Qtr)

2.4K%

Breaking Down MCY Revenue

Last 7 days

3.0%

Last 30 days

10.4%

Last 90 days

31.1%

Trailing 12 Months

79.4%

How does MCY drawdown profile look like?

MCY Financial Health

MCY Investor Care

Diluted EPS (TTM)

1.74

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 24, 2024	Carmichael Hill & Associates, Inc.	sold off	-100	-2,799	-	-%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-5.65	1,155,310	4,945,450	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	added	3.66	3,091	10,217	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-14.85	64,000	429,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	21,012	87,720	-%
Apr 23, 2024	ABSHER WEALTH MANAGEMENT, LLC	reduced	-1.57	9,583,200	36,104,800	5.01%
Apr 23, 2024	SPEECE THORSON CAPITAL GROUP INC	reduced	-24.44	542,000	12,602,000	2.44%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.75	184,897	681,120	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	208,138	208,138	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	new	-	250,146	250,146	-%

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

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
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
Jan 24, 2024	SC 13G/A	Major Ownership 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	1.0T	1.3B	-3.06%	3135.69%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.4B	10.1B	-3.73%	15.38%	52.97	5.1	17.79%	-12.97%
AIG	50.8B	46.8B	-3.59%	46.84%	13.95	1.09	-14.05%	-64.38%
TRV	49.0B	42.9B	-5.07%	21.11%	15.6	1.14	13.52%	12.15%
AFL	48.3B	18.7B	-1.44%	28.05%	10.37	2.58	-2.30%	5.45%
ACGL	34.8B	13.6B	2.73%	28.73%	7.84	2.55	41.83%	201.02%
AFG	10.8B	7.8B	-3.96%	7.46%	12.64	1.38	11.18%	-5.12%
MID-CAP
UNM	9.8B	12.4B	-3.37%	28.53%	7.66	0.79	3.35%	-8.77%
AIZ	9.0B	11.1B	-5.30%	48.91%	14.04	0.81	9.21%	132.28%
LNC	4.7B	11.6B	-8.21%	36.54%	-6.31	0.41	-38.09%	-155.38%
AEL	4.5B	2.8B	0.20%	51.26%	21.2	1.57	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-5.99%	10.80%	-17.79	1.32	24.25%	-115.79%
AMSF	876.6M	306.9M	-7.25%	-13.91%	14.11	2.86	4.11%	11.70%
AMBC	649.5M	269.0M	-3.49%	-7.11%	144.32	2.41	-46.68%	-99.14%
AAME	38.8M	186.8M	-30.91%	-14.51%	-226.69	0.21	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	29.1%	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	817
EBITDA Margin	395.2%	0.04*	-0.01*	-0.04*	-0.10*	-0.16*	-0.14*	-0.11*	0.00*	0.10*	0.14*	0.17*	0.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	31.8%	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	4.00
Income Taxes	764.8%	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	-32.57
Earnings Before Taxes	1665.1%	238	-15.20	-61.20	-62.10	-17.35	-128	-271	-253	35.00	-3.40	135	132	207	147	286	-180	28.00	81.00	102	167	-114
EBT Margin	160.7%	0.02*	-0.04*	-0.06*	-0.12*	-0.18*	-0.17*	-0.13*	-0.02*	0.07*	0.12*	0.15*	0.19*	-	-	-	-	-	-	-	-	-
Net Income	2426.2%	191	-8.23	-41.50	-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	-81.88
Net Income Margin	190.1%	0.02*	-0.02*	-0.05*	-0.09*	-0.14*	-0.13*	-0.10*	-0.01*	0.06*	0.10*	0.12*	0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	84.3%	225	122	87.00	18.00	68.00	90.00	88.00	107	74.00	111	143	175	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.6%	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	5,434
Cash Equivalents	21.4%	551	454	358	270	290	336	290	296	336	342	379	338	348	322	262	253	294	315	240	270	314
Net PPE	1.7%	151	149	160	159	171	190	190	191	191	186	182	178	179	175	172	169	169	168	163	156	153
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	0.1%	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	3,816
Shareholder's Equity	12.6%	1,548	1,374	99.00	1,360	1,522	1,546	99.00	1,809	2,140	2,145	2,080	2,006	1,934	1,901	1,718	1,525	99.00	1,803	99.00	1,621	1,520
Retained Earnings	13.6%	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	1,520
Accumulated Depreciation	-100.0%	-	315	307	324	333	325	318	316	309	302	297	292	286	280	294	318	312	373	370	364	359
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	84.3%	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	58,239
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	41.00
Cashflow From Investing	17.1%	-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	29,080
Cashflow From Financing	-116.6%	-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	-34,708
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,875	34,875	34,736	34,734	34,726	34,726

MCY Income Statement

2023-12-31

Consolidated Statements Of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net premiums earned	$ 4,274,378	$ 3,952,482	$ 3,741,948
Net investment income	234,630	168,356	129,727
Net realized investment gains (losses)	101,014	(488,080)	111,658
Other	19,609	10,308	10,024
Total revenues	4,629,631	3,643,066	3,993,357
Expenses:
Losses and loss adjustment expenses	3,517,853	3,362,219	2,760,155
Policy acquisition costs	708,525	654,612	633,385
Other operating expenses	279,656	279,718	283,397
Interest	24,169	17,232	17,113
Total expenses	4,530,203	4,313,781	3,694,050
Income (loss) before income taxes	99,428	(670,715)	299,307
Income tax expense (benefit)	3,092	(158,043)	51,370
Net income (loss)	$ 96,336	$ (512,672)	$ 247,937
Net income (loss) per share:
Basic (in dollars per share)	$ 1.74	$ (9.26)	$ 4.48
Diluted (in dollars per share)	$ 1.74	$ (9.26)	$ 4.48

MCY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Fixed maturity securities (amortized cost $4,394,983; $4,226,790)	$ 4,319,336	$ 4,088,311
Equity securities (cost $654,939; $668,843)	730,693	699,552
Short-term investments (cost $179,375; $123,928)	178,491	122,937
Total investments	5,228,520	4,910,800
Cash	550,903	289,776
Receivables:
Premiums	607,025	571,910
Allowance for credit losses on premiums receivable	(5,300)	(5,800)
Premiums receivable, net of allowance for credit losses	601,725	566,110
Accrued investment income	59,128	52,474
Other	25,603	11,358
Total receivables	686,456	629,942
Reinsurance recoverables (net of allowance for credit losses $12; $0)	31,947	25,895
Deferred policy acquisition costs	293,844	266,475
Fixed assets, net	151,183	171,442
Operating lease right-of-use assets	14,406	20,183
Current income taxes	4,081	55,136
Deferred income taxes	33,013	42,903
Goodwill	42,796	42,796
Other intangible assets, net	8,333	9,212
Other assets	57,915	49,628
Total assets	7,103,397	6,514,188
Liabilities
Loss and loss adjustment expense reserves	2,785,702	2,584,910
Unearned premiums	1,735,660	1,545,639
Notes payable	573,729	398,330
Accounts payable and accrued expenses	175,219	151,686
Operating lease liabilities	14,231	21,924
Other liabilities	270,711	289,568
Total liabilities	5,555,252	4,992,057
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	1,449,198	1,423,184
Total shareholders’ equity	1,548,145	1,522,131
Total liabilities and shareholders’ equity	$ 7,103,397	$ 6,514,188

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 Apr 25 2024, market cap of Mercury General Corp is 3 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 Apr 25 2024, MCY's PE ratio (Price to Earnings) is 31.16 and Price to Sales (PS) ratio is 0.65. 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 0.053 (multiply by 100 for percentage) rate of return.