DOWLING & PARTN Weighs in on Mercury General FY2026 Earnings

Mercury General Corporation (NYSE:MCY) – Investment analysts at DOWLING & PARTN upped their FY2026 earnings per share estimates for shares of Mercury General in a research report issued on Tuesday, July 7th. DOWLING & PARTN analyst D. Lukpanov now forecasts that the insurance provider will post earnings of $11.25 per share for the year, up from their prior estimate of $11.00. The consensus estimate for Mercury General’s current full-year earnings is $11.38 per share.

Mercury General (NYSE:MCY) last announced its quarterly earnings data on Tuesday, May 5th. The insurance provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $1.35. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.46 billion. Mercury General had a net margin of 13.68% and a return on equity of 32.94%.

Several other research firms have also recently weighed in on MCY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mercury General in a research note on Thursday, June 4th. Wall Street Zen raised shares of Mercury General from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. Finally, Zacks Research upgraded Mercury General from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and an average price target of $100.00.

Mercury General Price Performance

MCY stock opened at $110.33 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 0.44. The company’s fifty day moving average price is $101.86 and its 200-day moving average price is $94.69. Mercury General has a one year low of $64.21 and a one year high of $113.06. The company has a market capitalization of $6.11 billion, a PE ratio of 7.27 and a beta of 0.89.

Institutional Investors Weigh In On Mercury General

Several large investors have recently bought and sold shares of MCY. Financial Management Professionals Inc. bought a new stake in Mercury General in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in Mercury General during the fourth quarter valued at $38,000. Mcguire Capital Advisors Inc. bought a new position in Mercury General during the fourth quarter valued at $40,000. IFP Advisors Inc grew its stake in shares of Mercury General by 79.4% in the 4th quarter. IFP Advisors Inc now owns 506 shares of the insurance provider’s stock worth $48,000 after buying an additional 224 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of Mercury General by 18.6% in the 3rd quarter. Allworth Financial LP now owns 753 shares of the insurance provider’s stock worth $64,000 after buying an additional 118 shares in the last quarter. Institutional investors own 42.39% of the company’s stock.

Mercury General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were given a dividend of $0.3175 per share. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 11th. Mercury General’s dividend payout ratio is currently 8.37%.

Mercury General Company Profile

Mercury General Corporation is a holding company headquartered in Los Angeles, California, that underwrites and markets property and casualty insurance products through its principal subsidiary, Mercury Insurance Company. Established in 1961, the company has built a reputation for offering a broad range of personal and commercial lines, with a focus on automobile coverage. Mercury General operates in key U.S. markets, deploying a mix of independent agents and direct distribution channels to serve policyholders.

The company’s product portfolio includes personal automobile insurance, homeowners and renters policies, as well as commercial automobile, business liability and umbrella insurance.