Mercury General (NYSE:MCY) Reaches New 52-Week High – Should You Buy?

Posted by George Bondi on Jul 1st, 2026

Mercury General Corporation (NYSE:MCY – Get Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $108.10 and last traded at $107.9750, with a volume of 46829 shares changing hands. The stock had previously closed at $107.47.

Analyst Ratings Changes

MCY has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mercury General in a research report on Thursday, June 4th. Wall Street Zen cut shares of Mercury General from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Finally, Zacks Research raised shares of Mercury General from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, Mercury General currently has a consensus rating of “Strong Buy” and a consensus target price of $100.00.

View Our Latest Research Report on MCY

Mercury General Stock Performance

The firm’s 50 day moving average price is $100.21 and its 200-day moving average price is $93.96. The firm has a market cap of $5.92 billion, a price-to-earnings ratio of 7.05 and a beta of 0.91. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.44 and a quick ratio of 0.44.

Mercury General (NYSE:MCY – Get Free Report) last released its earnings results on Tuesday, May 5th. The insurance provider reported $3.50 EPS for the quarter, beating the consensus estimate of $2.15 by $1.35. Mercury General had a net margin of 13.68% and a return on equity of 32.94%. The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.46 billion. On average, analysts anticipate that Mercury General Corporation will post 11.38 earnings per share for the current year.

Mercury General Announces Dividend

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

Institutional Investors Weigh In On Mercury General

Several hedge funds have recently made changes to their positions in the stock. Financial Management Professionals Inc. acquired a new stake in Mercury General during the fourth quarter worth about $25,000. Aster Capital Management DIFC Ltd acquired a new position in Mercury General in the 3rd quarter valued at approximately $34,000. Hilton Head Capital Partners LLC acquired a new position in Mercury General in the 4th quarter valued at approximately $38,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Mercury General in the 4th quarter worth approximately $40,000. Finally, IFP Advisors Inc grew its holdings in shares of Mercury General by 79.4% during the 4th quarter. IFP Advisors Inc now owns 506 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 224 shares in the last quarter. 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.