DOWLING & PARTN Predicts Mercury General FY2026 Earnings

Mercury General Corporation (NYSE:MCY) – Investment analysts at DOWLING & PARTN issued their FY2026 earnings estimates for Mercury General in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov expects that the insurance provider will earn $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.

A number of other brokerages also recently issued reports on MCY. Wall Street Zen downgraded Mercury General from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 23rd. Zacks Research raised Mercury General from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and an average price target of $100.00.

Mercury General Stock Performance

Shares of MCY opened at $99.56 on Thursday. The stock has a 50 day moving average price of $94.56 and a 200 day moving average price of $91.94. 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 company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 6.56 and a beta of 0.92. Mercury General has a 52-week low of $60.41 and a 52-week high of $103.86.

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

Institutional Investors Weigh In On Mercury General

Large investors have recently modified their holdings of the stock. LSV Asset Management purchased a new stake in shares of Mercury General during the third quarter worth approximately $4,722,000. Versor Investments LP purchased a new stake in shares of Mercury General during the third quarter worth approximately $1,051,000. Ritholtz Wealth Management raised its stake in shares of Mercury General by 579.7% during the fourth quarter. Ritholtz Wealth Management now owns 25,523 shares of the insurance provider’s stock worth $2,401,000 after purchasing an additional 21,768 shares during the last quarter. Public Sector Pension Investment Board raised its position in Mercury General by 14.6% in the third quarter. Public Sector Pension Investment Board now owns 103,730 shares of the insurance provider’s stock worth $8,794,000 after acquiring an additional 13,208 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Mercury General by 75.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 65,124 shares of the insurance provider’s stock worth $6,126,000 after acquiring an additional 28,071 shares in the last quarter. Hedge funds and other institutional investors own 42.39% of the company’s stock.

Mercury General Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.3175 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 11th. Mercury General’s dividend payout ratio is 8.37%.

About Mercury General

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.