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United States

Mercury General Corp (MCY.N)

MCY.N on New York Stock Exchange

59.39USD
27 Mar 2017
Change (% chg)

$0.77 (+1.31%)
Prev Close
$58.62
Open
$57.95
Day's High
$59.49
Day's Low
$57.95
Volume
32,962
Avg. Vol
61,209
52-wk High
$64.46
52-wk Low
$49.71

MCY.N

Chart for MCY.N

About

Mercury General Corporation is an insurance holding company. As of December 31, 2016, the Company and its subsidiaries were engaged in writing personal automobile insurance through 14 insurance subsidiaries in 11 states, principally California. Its segments include Property and Casualty Lines, and Other Lines. Its Property and... (more)

Overall

Beta: 0.47
Market Cap(Mil.): $3,241.05
Shares Outstanding(Mil.): 55.29
Dividend: 0.62
Yield (%): 4.25

Financials

  MCY.N Industry Sector
P/E (TTM): 44.27 11.28 20.29
EPS (TTM): 1.32 -- --
ROI: -- 0.14 0.40
ROE: 4.09 9.72 15.47

BRIEF-Mercury General announces public offering of some senior notes

* Mercury general corporation announces public offering of $375 million of 4.400% senior notes due 2027

Mar 01 2017

Fitch Expects to Rate Mercury General Corp's Senior Notes 'BBB+'

(The following statement was released by the rating agency) CHICAGO, March 01 (Fitch) Fitch Ratings has assigned a 'BBB+(EXP)' rating to Mercury General Corporation's (NYSE: MCY) $350 million issuance of senior notes maturing in 2027. KEY RATING DRIVERS MCY recently announced a $350 million senior note issuance that is expected to increase pro forma financial leverage to 16.6%. MCY reported financial leverage of 15.4% at year-end 2016. As a result of increased interest expense from the seni

Mar 01 2017

Fitch Revises Mercury General's Ratings Outlook to Negative

(The following statement was released by the rating agency) CHICAGO, February 17 (Fitch) Fitch Ratings has revised the Rating Outlook of The Mercury General Corporation (NYSE: MCY) and its subsidiaries to Negative from Stable. The 'A+' ratings of the insurance subsidiaries are affirmed. Additionally, Fitch has downgraded the holding company Issuer Default Rating (IDR) to 'A-' from 'A'. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS The noted actions ref

Feb 17 2017

BRIEF-Mercury General Corp reports Q4 loss per share $0.47

* Mercury General Corporation announces fourth quarter and fiscal 2016 results and declares quarterly dividend

Feb 06 2017

BRIEF-Mercury General Corporation announces third quarter results and increases quarterly dividend

* Mercury General Corporation announces third quarter results and increases quarterly dividend

Oct 31 2016

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