Mercury General (NYSE:MCY – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.15 per share for the quarter.
Mercury General (NYSE:MCY – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.29. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.33 billion. Mercury General had a net margin of 6.36% and a return on equity of 14.91%. During the same quarter in the prior year, the firm posted ($0.47) earnings per share. On average, analysts expect Mercury General to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Mercury General Stock Down 1.2 %
MCY stock opened at $66.48 on Tuesday. The company has a 50 day moving average price of $62.66 and a two-hundred day moving average price of $57.72. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.31 and a current ratio of 0.31. The stock has a market capitalization of $3.68 billion, a P/E ratio of 17.08 and a beta of 0.81. Mercury General has a one year low of $29.23 and a one year high of $69.00.
Mercury General Dividend Announcement
About Mercury General
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.
Read More
- Five stocks we like better than Mercury General
- The Risks of Owning Bonds
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- What is the S&P 500 and How It is Distinct from Other Indexes
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- Options Trading – Understanding Strike Price
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Mercury General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercury General and related companies with MarketBeat.com's FREE daily email newsletter.