DOWLING & PARTN Forecasts Mercury General FY2026 Earnings

Mercury General Corporation (NYSE:MCY) – Equities researchers at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Mercury General in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov forecasts that the insurance provider will post earnings of $11.00 per share for the year. The consensus estimate for Mercury General’s current full-year earnings is $11.75 per share. DOWLING & PARTN also issued estimates for Mercury General’s FY2027 earnings at $9.50 EPS.

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

Other research analysts have also issued research reports about the company. Zacks Research upgraded Mercury General from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Wall Street Zen lowered Mercury General from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average target price of $100.00.

Mercury General Stock Down 2.0%

NYSE MCY opened at $99.56 on Thursday. Mercury General has a 52 week low of $60.41 and a 52 week high of $103.86. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.22. The business’s fifty day simple moving average is $94.56 and its 200-day simple moving average is $91.94. The firm has a market cap of $5.51 billion, a PE ratio of 6.56 and a beta of 0.92.

Institutional Trading of Mercury General

Institutional investors and hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. purchased a new stake in Mercury General during the fourth quarter worth about $25,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Mercury General during the third quarter worth approximately $34,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Mercury General during the fourth quarter worth approximately $38,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Mercury General during the fourth quarter worth approximately $40,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Mercury General by 236.0% during the third quarter. Jones Financial Companies Lllp now owns 457 shares of the insurance provider’s stock worth $38,000 after buying an additional 321 shares during the period. 42.39% of the stock is currently owned by hedge funds and other institutional investors.

Mercury General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.3175 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.27 dividend on an annualized basis and a yield of 1.3%. Mercury General’s dividend payout ratio is 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.