Mercury General Corporation Stock News

Mercury General (MCY) delivered earnings and revenue surprises of -158.97% and 0.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Mercury General Corporation (NYSE:MCY) declares $0.635/share quarterly dividend, in line with previous.Forward yield 4.81%Payable March 30; for shareholders of record March 16; ex-div March

Mercury General press release (MCY): Q4 GAAP EPS of $0.55 beats by $0.16.Revenue of $1.05B (-1.9% Y/Y) beats by $141.04M.

LOS ANGELES , Feb. 15, 2022 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY ) reported today the fourth quarter and fiscal 2021 results: Consolidated Highlights Three Months Ended December 31, Change Nine Months Ended September 30, Change 2021 2020 $ % 2021 2020 $ % (000''s except per-share amounts and ratios) Net premiums earned (2) $ 958,266 $ 921,860 $ 36,406 3.9 % $ 3,741,948 $ 3,555,635 $ 186,313 5.2 % Net premiums written (1) (2) $ 932,678 $ 895,528 $ 37,150 4.1 % $ 3,855,369 $ 3,611,543 $ 243,826 6.8 % Net realized investment (losses) gains, net of tax (3) $ 43,217 $ 90,209 $ (46,992) (52.1) % $ 88,210 $ 67,727 $ 20,483 30.2 % Net income $ 30,473 $ 166,743 $ (136,270) (81.7) % $ 247,937 $ 374,607 $ (126,670) (33.8) % Net income per diluted share $ 0.55 $ 3.01 $ (2.46) (81.7) % $ 4.48 $ 6.77 $ (2.29) (33.8) % Operating (loss) income (1) $ (12,744) $ 76,534 $ (89,278) (116.7) % $ 159,727 $ 306,880 $ (147,153) (48.0) % Operating (loss) income per diluted share (1) $ (0.23) $ 1.38 $ (1.61) (116.7) % $ 2.88 $ 5.54 $ (2.66) (48.0) % Catastrophe losses net of reinsurance (4) $ 19,000 $ 21,000 $ (2,000) (9.5) % $ 104,000 $ 64,000 $ 40,000 62.5 % Combined ratio (5) 105.4 % 93.3 % — 12.1 pts 98.3 % 93.1 % — 5.2 pts (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) The Company''s net premiums earned and written were reduced by $0.1 million and $127.7 million for the three and twelve months ended December 31, 2020, respectively, due to premium refunds and credits to its eligible policyholders for reduced driving and business activities following the outbreak of the COVID-19 pandemic.

Mercury General (NYSE:MCY) is scheduled to announce Q4 earnings results on Tuesday, Feb. 15, after market close.The consensus EPS estimate is $0.39 (-71.7% Y/Y)

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the members of Mercury Casualty Group (Mercury) (headquartered in Los Angeles, CA). AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of the insurance entities within the American Mercury Insurance Group (AMI) (headquartered in Oklahoma City, OK). Concurrently, AM Best

Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Simmons First National (SFNC) delivered earnings and revenue surprises of 0% and 0.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

RenaissanceRe (RNR) delivered earnings and revenue surprises of 26.95% and 4.79%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

LOS ANGELES, Jan. 18, 2022 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 15, 2022, the Company will issue an earnings press r

In 2020, Mercury benefited from COVID19 social restrictions, which impacted auto claims activity positively. As a result, the company recorded the best-combined ratio over the last decade, with a FY20

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Mercury General Co. (NYSE:MCY) announced a quarterly dividend on Wednesday, November 3rd, Wall Street Journal reports. Shareholders of record on Thursday, December 16th will be given a dividend of 0.635 per share by the insurance provider on Thursday, December 30th. This represents a $2.54 annualized dividend and a yield of 4.86%. The ex-dividend date of []

Balasa Dinverno & Foltz LLC increased its holdings in shares of Mercury General Co. (NYSE:MCY) by 155.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,036 shares of the insurance provider’s stock after acquiring an additional 4,886 shares during the period. Balasa Dinverno […]