Is Mercury General Corp (NYSE: MCY) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Mercury General Corp is listed on the NYSE in the Financial sector while operating in the Insurance – Property & Casualty industry. The current market capitalization of Mercury General Corp is $2.74B. A total of 1.28 million shares were traded on the day, compared to an average of 534.72K shares.

In the most recent transaction, Ribisi Mark Allan bought 55 shares of MCY for 64.71 per share on Jan 07 ’25. After the transaction, the President of AIS subsidiary now owns 680 company shares. In a previous transaction on Dec 05 ’24, THE TIRADOR LIVINGTRUST bought 12,500 shares at 78.11 per share.

Among the insiders who sold shares, Sullivan Heidi C. disposed of 1,076 shares on Dec 03 ’24 at a per-share price of $77.28. This resulted in the VP/Chief Human Capital Officer holding 0 shares of MCY after the transaction. In another insider transaction, Sullivan Heidi C. bought 1,076 shares at $77.39 per share on Dec 03 ’24.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Mercury General Corp pays an annual dividend of $1.27, resulting in a dividend yield of 2.56%, and it has a price to earnings (P/E) ratio of 4.91. MCY’s most recent ex-dividend date was 1.77% when it declared a $0.3170 quarterly dividend that was paid in cash on 12/12/2024. Previously, the company paid the dividend on 9/12/2024 with an ex-dividend date of 2.2%. The MCY stock dividend was $0.3175 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, MCY has a high of $80.72 and a low of $37.89.

As of this writing, MCY has an earnings estimate of $0.64 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of $0.64 per share and a lower estimate of $0.64.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MCY’s latest balance sheet shows that the firm has $475.68M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $33.63, while its Total Shareholder’s Equity was $2.14B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCY is Buy with a score of 3.50.

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