Searching For Real Value In Market Debris At Mercury General Corp (NYSE: MCY)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, MCY falls under the Financial sector while operating within the Insurance – Property & Casualty industry segment. The current market capitalization of Mercury General Corp is $2.93B. A total of 0.85 million shares were traded on the day, compared to an average of 688.40K 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Mercury General Corp pays an annual dividend of $1.27, resulting in a dividend yield of 2.40%, and it has a price to earnings (P/E) ratio of 6.26. MCY’s most recent ex-dividend date was 2.53% when it declared a $0.3175 quarterly dividend that was paid in cash on 3/13/2025. Previously, the company paid the dividend on 12/12/2024 with an ex-dividend date of 1.77%. The MCY stock dividend was $0.3170 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, MCY has a high of $80.72 and a low of $43.79.

As of this writing, MCY has an earnings estimate of -$4.0 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of -$4.0 per share and a lower estimate of -$4.0.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $35.14, while its Total Shareholder’s Equity was $2.14B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.00.

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