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Mercury General Corp (MCY.N)

MCY.N on New York Stock Exchange

47.40USD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Mercury General Corporation Announces Fourth Quarter 2017 Results
Monday, 5 Feb 2018 08:30am EST 

Feb 5 (Reuters) - Mercury General Corp ::MERCURY GENERAL CORPORATION ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS AND DECLARES QUARTERLY DIVIDEND.MERCURY GENERAL CORP - QTRLY NET PREMIUMS EARNED $806.8 MILLION VERSUS $794.5 MLN‍​.MERCURY GENERAL CORP - QTRLY NET PREMIUMS WRITTEN $779.2 MILLION VERSUS $768.1 MILLION.MERCURY GENERAL CORP - QTRLY EARNINGS PER SHARE $0.36‍​.MERCURY GENERAL - ‍NET TAX BENEFIT OF ABOUT $7.4 MILLION, REFLECTED IN BOTH NET INCOME AND OPERATING INCOME OF CO FOR THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2017​.MERCURY GENERAL CORP - QTRLY TOTAL REVENUES $857.3 MILLION VERSUS $737.6 MILLION.MERCURY GENERAL CORP - ‍DURING Q4 OF 2017, CO INCURRED ABOUT $109 MILLION IN LOSSES, BEFORE REINSURANCE BENEFITS, RESULTING FROM CATASTROPHE EVENTS​.MERCURY GENERAL CORP - ‍2017 CATASTROPHE LOSSES DUE TO WILDFIRES, RAINSTORMS IN CALIFORNIA, HURRICANES IN TEXAS, FLORIDA AND GEORGIA.MERCURY GENERAL - Q4 CATASTROPHE LOSSES CONSISTS OF NORTHERN CALIFORNIA WILDFIRES WITH ABOUT $84 MILLION, SOUTHERN CALIFORNIA WILDFIRES WITH ABOUT $25 MILLION.  Full Article

Mercury General reports Q3 earnings per share of $0.84‍​
Monday, 30 Oct 2017 08:30am EDT 

Oct 30 (Reuters) - Mercury General Corp :Mercury General Corporation announces third quarter results and increases quarterly dividend.Mercury General Corp - qtrly earnings per share $0.84‍​.Mercury General Corp - qtrly ‍net premiums earned $801.2 million versus $790.9 million​.Mercury General Corp - qtrly ‍net premiums written $827.4 million versus $808.4 million​.Mercury General Corp - qtrly ‍combined ratio 99.3 percent versus 98.1 percent​.Mercury General Corp - qtrly ‍total revenues $858.4 million versus $808.2 million.Mercury General- sees gross loss from wildfires of $60 million-$100 million and net loss,after benefit of reinsurance, of $10 million, plus reinstatement premiums.  Full Article

Mercury General reports qtrly earnings per share of $0.93
Monday, 31 Jul 2017 08:30am EDT 

July 31 (Reuters) - Mercury General Corp ::Announces second quarter results and declares quarterly dividend.Qtrly earnings per share $0.93.Qtrly net premiums earned $797.7 million vs $779.3 million .Qtrly total revenues $852.8 million vs $858 million last year.  Full Article

Mercury General Corp Q1 earnings per share $0.20
Monday, 1 May 2017 08:30am EDT 

May 1 (Reuters) - Mercury General Corp -:Mercury General Corporation announces first quarter results and declares quarterly dividend.Mercury General Corp qtrly operating income per diluted share $ 0.20.Mercury General Corp qtrly net premiums earned $789.7 million versus $ 767.1 million.Qtrly earnings per share $ 0.49.Mercury General Corp qtrly net premiums written $811.6 million versus $797.7 million.Qtrly total revenues $847.5 million versus $823.9 million.Q1 earnings per share view $0.57, revenue view $828.4 million -- Thomson Reuters I/B/E/S.  Full Article

Mercury General Corp entered into credit agreement with Bank Of America
Monday, 3 Apr 2017 02:12pm EDT 

Mercury General Corp : On march 29, 2017 entered into a credit agreement with Bank Of America, N.A., as administrative agent - SEC filing . Agreement matures on March 29, 2022 - sec filing .Agreement is a revolving credit facility that provides for loans of up to $50 million - sec filing.  Full Article

Mercury General announces public offering of some senior notes
Wednesday, 1 Mar 2017 05:00pm EST 

Mercury General Corp : Mercury general corporation announces public offering of $375 million of 4.400% senior notes due 2027 . Notes were priced at 99.847% of par .Mercury general - intends to use net proceeds from this offering to repay its outstanding indebtedness, including borrowings under its credit facilities.  Full Article

Mercury General Corp reports Q4 loss per share $0.47
Monday, 6 Feb 2017 08:30am EST 

Mercury General Corp - : Mercury General Corporation announces fourth quarter and fiscal 2016 results and declares quarterly dividend . Mercury General Corp quarterly net premium earned $794.5 million versus $760.1 million . Quarterly loss per share of $0.47 . Mercury General Corp quarterly total revenues $737.6 million versus $786.2 million .Q4 earnings per share view $0.56, revenue view $827.0 million -- Thomson Reuters I/B/E/S.  Full Article

Mercury General says enters fifth amendment to credit agreement
Thursday, 29 Dec 2016 02:06pm EST 

Mercury General Corp : On Dec 28, 2016, co,Mercury Casualty Company entered into a fifth amendment agreement to existing credit agreement .fifth amendment to credit agreement extends maturity date of loan to December 3, 2018 - SEC Filing.  Full Article

Mercury General Corporation announces third quarter results and increases quarterly dividend
Monday, 31 Oct 2016 08:30am EDT 

Mercury General Corp : Mercury General Corporation announces third quarter results and increases quarterly dividend . Sets quarterly dividend of $0.6225 per share . Mercury General qtrly operating income per diluted share $0.67 . Mercury General Corp says qtrly earnings per share $0.49 .Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.  Full Article

Mercury general qtrly net income per diluted share $0.88
Monday, 1 Aug 2016 08:30am EDT 

Mercury General Corp : Mercury General Corporation announces second quarter results and declares quarterly dividend . Qtrly net income per diluted share $ 0.88 . Qtrly net premiums earned $779.3 million . Q2 earnings per share view $0.59, revenue view $811.1 million -- Thomson Reuters I/B/E/S . Qtrly operating earnings per share $0.35 . Qtrly total revenues $858.0 million versus $726.2 million .Qtrly combined ratio 101.7%.  Full Article

BRIEF-Mercury General Corp Announces Quarterly Loss Per Share $0.77

* MERCURY GENERAL CORPORATION ANNOUNCES FIRST QUARTER RESULTS AND DECLARES QUARTERLY DIVIDEND