Mercury General (NYSE:MCY) Reaches New 52-Week High – Here’s What Happened

Posted by Brian Himes on May 18th, 2026

Shares of Mercury General Corporation (NYSE:MCY – Get Free Report) hit a new 52-week high on Monday . The company traded as high as $102.98 and last traded at $103.5240, with a volume of 55977 shares traded. The stock had previously closed at $98.10.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MCY shares. Zacks Research lowered Mercury General from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Mercury General in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Mercury General from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Mercury General presently has a consensus rating of “Buy” and a consensus price target of $100.00.

Get Our Latest Research Report on MCY

Mercury General Price Performance

The company has a market capitalization of $5.65 billion, a price-to-earnings ratio of 6.73 and a beta of 0.92. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 0.44. The business has a 50 day moving average price of $92.67 and a 200-day moving average price of $90.66.

Mercury General (NYSE:MCY – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The insurance provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $1.35. Mercury General had a return on equity of 32.94% and a net margin of 13.68%.The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.46 billion. Research analysts predict that Mercury General Corporation will post 9 EPS for the current fiscal year.

Mercury General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a $0.3175 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.27 annualized dividend and a dividend yield of 1.2%. Mercury General’s dividend payout ratio is 8.37%.

Hedge Funds Weigh In On Mercury General

Several institutional investors have recently bought and sold shares of MCY. Financial Management Professionals Inc. purchased a new stake in Mercury General in the fourth quarter worth $25,000. Aster Capital Management DIFC Ltd purchased a new stake in Mercury General in the third quarter worth $34,000. Jones Financial Companies Lllp increased its position in Mercury General by 236.0% in the third quarter. Jones Financial Companies Lllp now owns 457 shares of the insurance provider’s stock worth $38,000 after buying an additional 321 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Mercury General in the fourth quarter worth $38,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in Mercury General in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 42.39% of the company’s stock.

About Mercury General

(Get Free Report)

Mercury General Corporation is a holding company headquartered in Los Angeles, California, that underwrites and markets property and casualty insurance products through its principal subsidiary, Mercury Insurance Company. Established in 1961, the company has built a reputation for offering a broad range of personal and commercial lines, with a focus on automobile coverage. Mercury General operates in key U.S. markets, deploying a mix of independent agents and direct distribution channels to serve policyholders.

The company’s product portfolio includes personal automobile insurance, homeowners and renters policies, as well as commercial automobile, business liability and umbrella insurance.