The company's upcoming quarterly earnings report is scheduled for Monday, May 4th, with a consensus estimate EPS of 2.15.
Mercury General Corporation (MCY) is currently priced at $99.17, showing a price increase of $1.02 (1.04%) from the previous close. The trading volume stands at $25,671, representing a 9.34% increase relative to the average.
In the latest quarterly earnings report on Monday, February 16th, MCY reported an EPS of 2.56. However, the latest quarterly revenue figures are not available at this time.
MCY offers a forward dividend yield of 1.28% with a dividend per share of 31.75 cents on a trailing twelve-month basis.
The company's operating cash flow amounts to $287.87 million, with a net change in cash of $63.00 million. MCY closed the period with $1.32 billion in cash.
MCY recorded a net income of $202.55 million, resulting in an EPS of $3.66. The company achieved a gross profit margin of 85.24% and an EBITDA of $277.21 million.
Key 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 holds total assets of $9.56 billion, with a net debt of -$728.72 million, indicating a strong financial position.
This report provides insights into MCY's current performance and future outlook, offering investors valuable information for decision-making.
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.