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Last $50.48 USD
Change Today -0.38 / -0.75%
Volume 21.7K
As of 9:58 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

mercury general corp (MCY) Snapshot

Open
$50.51
Previous Close
$51.32
Day High
$50.75
Day Low
$50.34
52 Week High
02/6/15 - $60.31
52 Week Low
10/1/14 - $48.25
Market Cap
2.8B
Average Volume 10 Days
165.5K
EPS TTM
$1.90
Shares Outstanding
55.2M
EX-Date
09/8/15
P/E TM
26.5x
Dividend
$2.47
Dividend Yield
4.85%
Current Stock Chart for MERCURY GENERAL CORP (MCY)

mercury general corp (MCY) Related Businessweek News

No Related Businessweek News Found

mercury general corp (MCY) Details

Mercury General Corporation, together with its subsidiaries, writes personal automobile insurance. The company also writes homeowners, commercial automobile, commercial property, mechanical breakdown, fire, and umbrella insurance. Its automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowner’s insurance products covers dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Michigan, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Texas, and Virginia. Mercury General Corporation was founded in 1960 and is headquartered in Los Angeles, California.

4,400 Employees
Last Reported Date: 02/9/15
Founded in 1960

mercury general corp (MCY) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $926.9K
Founder, Chairman and Member of Investment Co...
Total Annual Compensation: $997.9K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $578.0K
Chief Information Officer and Senior Vice Pre...
Total Annual Compensation: $437.8K
Chief Product Officer and Vice President
Total Annual Compensation: $394.9K
Compensation as of Fiscal Year 2014.

mercury general corp (MCY) Key Developments

Mercury General Corporation Announces Unaudited Consolidated Earnings for the Second Quarter and Six Months Ended June 30, 2015

Mercury General Corporation announced unaudited consolidated earnings for the second quarter and six months ended June 30, 2015. For the quarter, the company announced net premium earned of $731,546,000 compared to $697,889,000 for the same period a year ago. Net investment income was $31,697,000 compared to $30,850,000 for the same period a year ago. Total revenues were $726,171,000 compared to $807,019,000 for the same period a year ago. Income before income taxes was $4,511,000 compared to $136,436,000 for the same period a year ago. Net income was $9,639,000 or $0.17 per basic and diluted share compared to $94,960,000 or $1.73 per basic and diluted share for the same period a year ago. Net premiums written were $733,548,000 compared to $698,759,000 for the same period a year ago. Operating income was $35,214,000 or $0.64 per diluted share compared to $45,437,000 or $0.83 per diluted share for the same period a year ago. For the six months, the company announced net premium earned of $1,452,283,000 compared to $1,381,590,000 for the same period a year ago. Net investment income was $63,203,000 compared to $61,092,000 for the same period a year ago. Total revenues were $1,470,719,000 compared to $1,569,975,000 for the same period a year ago. Income before income taxes was $34,370,000 compared to $238,466,000 for the same period a year ago. Net income was $35,804,000 or $0.65 per basic and diluted share compared to $167,609,000 or $3.05 per basic and diluted share for the same period a year ago. Net premiums written were $1,474,040,000 compared to $1,423,452,000 for the same period a year ago. Operating income was $67,854,000 or $1.23 per diluted share compared to $87,723,000 or $1.60 per diluted share for the same period a year ago.

Mercury General Corporation Declares Dividend for the Second Quarter Ended June 30, 2015, Payable on September 24, 2015

Mercury General Corporation announced that its Board of Directors declared a dividend of $0.6175 per share for the second quarter ended June 30, 2015. The dividend will be paid on September 24, 2015 to shareholders of record on September 10, 2015.

Mercury General Corporation to Report Q2, 2015 Results on Aug 03, 2015

Mercury General Corporation announced that they will report Q2, 2015 results at 1:30 PM, GMT Standard Time on Aug 03, 2015

 

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MCY:US $50.48 USD -0.38

MCY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Kemper Corp $34.70 USD -0.72
National General Holdings Corp $18.22 USD -0.11
Selective Insurance Group Inc $29.87 USD -0.45
Hanover Insurance Group Inc/The $77.72 USD -1.17
White Mountains Insurance Group Ltd $713.00 USD -6.31
View Industry Companies
 

Industry Analysis

MCY

Industry Average

Valuation MCY Industry Range
Price/Earnings 61.3x
Price/Sales 1.0x
Price/Book 1.5x
Price/Cash Flow 61.4x
TEV/Sales NM Not Meaningful
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