Mercury General Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $28.64
- Today's High:
- $29.34
- Open Price:
- $28.64
- 52W Low:
- $25.8707
- 52W High:
- $38.6333
- Prev. Close:
- $28.63
- Volume:
- 201073
Company Statistics
- Market Cap.:
- $1.59 billion
- Book Value:
- 25.287
- Revenue TTM:
- $4.24 billion
- Operating Margin TTM:
- -5.9%
- Gross Profit TTM:
- $-361965000
- Profit Margin:
- -4.52%
- Return on Assets TTM:
- -2.37%
- Return on Equity TTM:
- -12.53%
Company Profile
Mercury General Corporation had its IPO on 1990-03-26 under the ticker symbol MCY.
The company operates in the Financial Services sector and Insurance-Property & Casualty industry. Mercury General Corporation has a staff strength of 4,300 employees.
Stock update
Shares of Mercury General Corporation opened at $28.64 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $28.64 - $29.34, and closed at $29.21.
This is a +2.03% increase from the previous day's closing price.
A total volume of 201,073 shares were traded at the close of the day’s session.
In the last one week, shares of Mercury General Corporation have increased by +1.88%.
Mercury General Corporation's Key Ratios
Mercury General Corporation has a market cap of $1.59 billion, indicating a price to book ratio of 1.2367 and a price to sales ratio of 0.5384.
In the last 12-months Mercury General Corporation’s revenue was $4.24 billion with a gross profit of $-361965000 and an EBITDA of $-177763008. The EBITDA ratio measures Mercury General Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Mercury General Corporation’s operating margin was -5.9% while its return on assets stood at -2.37% with a return of equity of -12.53%.
In Q2, Mercury General Corporation’s quarterly earnings growth was a negative -81.7% while revenue growth was a positive 37.9%.
Mercury General Corporation’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- 1.19
Its diluted EPS in the last 12-months stands at $-3.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.19. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mercury General Corporation’s profitability.
Mercury General Corporation stock is trading at a EV to sales ratio of 0.5582 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.5384.
Mercury General Corporation stock pays annual dividends of $1.27 per share, indicating a yield of 4.51% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $6.69 billion
- Total Liabilities
- $90.13 million
- Operating Cash Flow
- $17.89 million
- Capital Expenditure
- $10.38 million
- Dividend Payout Ratio
- 0%
Mercury General Corporation ended 2024 with $6.69 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.69 billion while shareholder equity stood at $1.40 billion.
Mercury General Corporation ended 2024 with $0 in deferred long-term liabilities, $90.13 million in other current liabilities, 98947000.00 in common stock, $1.30 billion in retained earnings and $42.80 million in goodwill. Its cash balance stood at $357.72 million and cash and short-term investments were $547.71 million. The company’s total short-term debt was $75,000,000 while long-term debt stood at $448.53 million.
Mercury General Corporation’s total current assets stands at $1.13 billion while long-term investments were $4.96 billion and short-term investments were $189.99 million. Its net receivables were $717.97 million compared to accounts payable of $165.33 million and inventory worth $0.
In 2024, Mercury General Corporation's operating cash flow was $17.89 million while its capital expenditure stood at $10.38 million.
Comparatively, Mercury General Corporation paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $29.21
- 52-Week High
- $38.6333
- 52-Week Low
- $25.8707
- Analyst Target Price
- $33
Mercury General Corporation stock is currently trading at $29.21 per share. It touched a 52-week high of $38.6333 and a 52-week low of $38.6333. Analysts tracking the stock have a 12-month average target price of $33.
Its 50-day moving average was $29.77 and 200-day moving average was $31.64 The short ratio stood at 3.42 indicating a short percent outstanding of 0%.
Around 5204.3% of the company’s stock are held by insiders while 4276.8% are held by institutions.
Frequently Asked Questions About Mercury General Corporation
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About
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.