Mercury General (NYSE:MCY) Cut to “Hold” at Wall Street Zen

Posted by Brenda Bartman on Nov 10th, 2026

Wall Street Zen cut shares of Mercury General (NYSE:MCY – Free Report) from a strong-buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

MCY has been the subject of several other research reports. Weiss Ratings lowered shares of Mercury General from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Zacks Research upgraded shares of Mercury General from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $100.00.

Read Our Latest Stock Report on Mercury General

Mercury General Price Performance

Shares of MCY opened at $82.90 on Friday. Mercury General has a 1 year low of $81.64 and a 1 year high of $113.06. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.38 and a quick ratio of 0.47. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 7.14 and a beta of 0.93. The business has a 50-day moving average of $100.61 and a 200-day moving average of $98.57.

Mercury General (NYSE:MCY – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The insurance provider reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.43 by $0.06. Mercury General had a return on equity of 29.48% and a net margin of 10.47%. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.62 billion. As a group, equities research analysts anticipate that Mercury General will post 13.25 earnings per share for the current year.

Mercury General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 17th will be given a $0.3175 dividend. The ex-dividend date of this dividend is Thursday, December 17th. This represents a $1.27 annualized dividend and a dividend yield of 1.5%. Mercury General’s dividend payout ratio (DPR) is 10.94%.

Insider Buying and Selling at Mercury General

In other Mercury General news, Director Joshua Little acquired 750 shares of the company’s stock in a transaction dated Friday, November 6th. The shares were bought at an average cost of $82.69 per share, with a total value of $62,017.50. Following the purchase, the director directly owned 4,000 shares of the company’s stock, valued at $330,760. This trade represents a 23.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 35.50% of the company’s stock.

Institutional Investors Weigh In On Mercury General

Several large investors have recently added to or reduced their stakes in MCY. Intech Investment Management LLC lifted its stake in Mercury General by 24.9% in the third quarter. Intech Investment Management LLC now owns 19,042 shares of the insurance provider’s stock valued at $1,882,000 after buying an additional 3,798 shares during the period. Royce & Associates LP boosted its holdings in shares of Mercury General by 0.5% during the 3rd quarter. Royce & Associates LP now owns 35,427 shares of the insurance provider’s stock worth $3,502,000 after buying an additional 164 shares in the last quarter. Danske Bank A S bought a new position in shares of Mercury General during the 3rd quarter worth approximately $4,472,000. Allworth Financial LP grew its position in shares of Mercury General by 154.5% during the 3rd quarter. Allworth Financial LP now owns 840 shares of the insurance provider’s stock worth $90,000 after buying an additional 510 shares during the period. Finally, Maryland State Retirement & Pension System grew its position in shares of Mercury General by 54.3% during the 3rd quarter. Maryland State Retirement & Pension System now owns 5,976 shares of the insurance provider’s stock worth $591,000 after buying an additional 2,103 shares during the period. Institutional investors and hedge funds own 42.39% of the company’s stock.

Mercury General Company Profile

(Get Free Report)

Mercury General Corporation is a property and casualty insurance company best known for its personal auto insurance. Through its insurance subsidiaries, the company also offers homeowners, renters, commercial auto, and other insurance products, including umbrella coverage.

Founded in 1961, Mercury distributes policies through independent agents and direct-to-consumer channels. California is its primary market, and the company also serves customers in other U.S. states.