Mercury General Corporation (MCY)

$44.91

+0.43 (+0.97%)
Rating:
Recommendation:
Buy
Symbol MCY
Price $44.91
Beta 0.439
Volume Avg. 0.37M
Market Cap 2.487B
Shares () -
52 Week Range 42.73-64.59
1y Target Est -
DCF Unlevered MCY DCF ->
DCF Levered MCY LDCF ->
ROE -2.67% Neutral
ROA -0.84% Neutral
Operating Margin -
Debt / Equity 249.39% Strong Buy
P/E -
P/B 1.30 Strong Buy
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Mr. Gabriel Tirador
Financial Services
Insurance—Property & Casualty
New York Stock Exchange

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.