Mercury General Corporation is expected to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of $2.15.
Mercury General Corporation (MCY) is currently trading at $98.74, up 59 cents (0.6%) from the previous close of $98.15. The trading volume is $59,631, representing a 21.69% increase relative to the average.
The company's latest quarterly earnings report on Monday, February 16th, revealed a consensus estimate EPS of $2.56. The company's latest quarterly revenue and earnings call summary are not available.
Mercury General Corporation offers a forward dividend yield of 1.29%, with a dividend per share of 31.75 cents on a trailing twelve-month basis.
The company reported a free cash flow of $273.86 million, with a net change in cash of $63.00 million. Operating cash flow stands at $287.87 million.
In the most recent period, Mercury General Corporation generated $1.54 billion in revenue, resulting in a net income of $202.55 million. The earnings per share (EPS) and diluted EPS are $3.66, with a weighted average of 55.39 million shares outstanding.
Key financial ratios for MCY include a net profit margin of 13.19%, return on equity of 8.38%, and a price-to-earnings ratio of 6.43.
The company's total assets amount to $9.56 billion, with total liabilities at $7.14 billion. Cash and cash equivalents stand at $1.32 billion.
This report provides a snapshot of Mercury General Corporation's current financial status and performance metrics.
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.