Mercury General (NYSE:MCY - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect Mercury General to post earnings of ($4.00) per share and revenue of $1.36 billion for the quarter.
Mercury General (NYSE:MCY - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The insurance provider reported $2.78 EPS for the quarter, beating the consensus estimate of $1.94 by $0.84. Mercury General had a return on equity of 22.54% and a net margin of 8.55%. On average, analysts expect Mercury General to post $-1 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Mercury General Price Performance
NYSE MCY opened at $54.94 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The stock's fifty day moving average price is $54.20 and its 200 day moving average price is $60.87. Mercury General has a 1 year low of $44.19 and a 1 year high of $80.72. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 6.50 and a beta of 0.81.
Mercury General Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.3175 dividend. This represents a $1.27 annualized dividend and a dividend yield of 2.31%. This is an increase from Mercury General's previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Thursday, March 13th. Mercury General's dividend payout ratio is presently 15.03%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. StockNews.com downgraded Mercury General from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th. Raymond James raised Mercury General from an "outperform" rating to a "strong-buy" rating and upped their target price for the company from $70.00 to $80.00 in a research report on Wednesday, February 12th.
View Our Latest Research Report on Mercury General
About Mercury General
(
Get Free Report)
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, and other coverages.
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