Mercury Insurance
About: Mercury General Corp is an insurance holding company. It is engaged in writing personal automobile insurance and provides related property and casualty insurance products. The Company offers the following types of automobile coverage: collision, property damage, bodily injury ("BI"), comprehensive, personal injury protection ("PIP"), underinsured and uninsured motorist, and other hazards. The Company offers the following types of homeowners coverage: dwelling, liability, personal property, and other coverages.
Employees: 4,200
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
87% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 30
82% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $758K
14% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 83
8% more funds holding
Funds holding: 260 [Q3] → 281 (+21) [Q4]
6% more capital invested
Capital invested by funds: $1.5B [Q3] → $1.6B (+$94.8M) [Q4]
0.44% more ownership
Funds ownership: 42.95% [Q3] → 43.39% (+0.44%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$80
49%
upside
Avg. target
$80
49%
upside
High target
$80
49%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Raymond James C. Gregory Peters 70% 1-year accuracy 26 / 37 met price target | 49%upside $80 | Strong Buy Upgraded | 12 Feb 2025 |
Financial journalist opinion
Based on 8 articles about MCY published over the past 30 days
Neutral
PRNewsWire
2 days ago
Mercury Insurance Named to Forbes' America's Best Employers 2025 List
Recognition Highlights Mercury's Commitment to Team Members Growth and Company Culture LOS ANGELES , April 16, 2025 /PRNewswire/ -- Mercury Insurance has been awarded a spot on the Forbes list of America's Best Midsized Employers for 2025. This prestigious recognition is made in collaboration with Forbes and Statista, the world-leading statistics portal and industry ranking provider.
Neutral
Zacks Investment Research
4 days ago
MCY Lags Industry, Trades at a Discount: What Should Investors Do Now?
Mercury General stock gains from rate increases, higher average invested assets, financial flexibility, favorable estimates and attractive valuation.
Neutral
PRNewsWire
4 days ago
MERCURY GENERAL CORPORATION TO REPORT FIRST QUARTER RESULTS ON MAY 6, 2025
LOS ANGELES , April 14, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 6, 2025, the Company will issue an earnings press release reporting its results for the first quarter of 2025, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
Neutral
PRNewsWire
1 week ago
Road Tripping in an EV? Mercury Insurance Advises How to Prepare
Planning Out Charges and Reviewing Your Auto Insurance Policy are Essential LOS ANGELES , April 9, 2025 /PRNewswire/ -- Although the adoption of electric vehicles (EVs) has slowed among consumers, millions of EVs are still being sold nationwide, many to first-time owners. As summer quickly approaches and road trip plans take shape, those traveling in an EV will need to do some extra preparation to ensure a smooth journey.
Neutral
PRNewsWire
2 weeks ago
Mercury Insurance Offers Homeowners Recommendations on Tax Deductions That Could Save You Thousands
Make a Checklist to Review with Your Tax Preparer LOS ANGELES , April 3, 2025 /PRNewswire/ -- One of the most difficult parts of preparing your taxes is gathering all of the paperwork. If you own your home, that task is multiplied and even more important; one overlooked deduction can cost you thousands.
Positive
Seeking Alpha
2 weeks ago
Mercury General: Wildfires, Reform And Opportunity
Despite a sharp stock drop from the January 2025 wildfires, the market overreacted; actual losses are manageable, and a significant upside remains. Regulatory reforms and rate increases approved by the California Department of Insurance will enhance MCY's profitability and market share. The potential monetization of subrogation claims could meaningfully reduce net wildfire losses and unlock non-dilutive value.
Neutral
PRNewsWire
2 weeks ago
Bodily Injury Costs Increase in Georgia, According to Mercury Insurance
Mercury's New Umbrella Insurance Better Protects Georgians' Personal Wealth Against Bodily Injury Claims LOS ANGELES , March 31, 2025 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Georgians' personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insurance (NYSE: MCY).
Neutral
PRNewsWire
3 weeks ago
Mercury Insurance Explains How Uninsured Drivers Affect Insurance Costs and How You Can Protect Yourself
14% of U.S. Drivers Do Not Have Auto Insurance LOS ANGELES , March 27, 2025 /PRNewswire/ -- A greater number of Americans are getting behind the wheel without auto insurance, raising costs for all drivers across the country. From 2019 to 2022, the percentage of uninsured motorists grew from 11% to 14% according to the Insurance Research Council, which translates to approximately 1 in 7 drivers in the U.S. According to Bankrate, the average cost of full coverage car insurance is roughly $205 per month as of November 2024.
Positive
Zacks Investment Research
1 month ago
Mercury General (MCY) Up 0.2% Since Last Earnings Report: Can It Continue?
Mercury General (MCY) reported earnings 30 days ago. What's next for the stock?
Neutral
Zacks Investment Research
1 month ago
Is the Options Market Predicting a Spike in Mercury General (MCY) Stock?
Investors need to pay close attention to Mercury General (MCY) stock based on the movements in the options market lately.
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