DOWLING & PARTN Predicts Mercury General FY2026 Earnings

Mercury General Corporation (NYSE:MCY) – Analysts at DOWLING & PARTN lifted their FY2026 EPS estimates for Mercury General in a note issued to investors on Wednesday, October 7th. DOWLING & PARTN analyst D. Lukpanov now anticipates that the insurance provider will earn $13.00 per share for the year, up from their prior estimate of $12.00. The consensus estimate for Mercury General’s current full-year earnings is $13.25 per share. DOWLING & PARTN also issued estimates for Mercury General’s FY2027 earnings at $11.25 EPS and FY2028 earnings at $10.75 EPS.

A number of other analysts also recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Mercury General in a report on Tuesday, September 1st. Zacks Research raised shares of Mercury General from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Finally, Wall Street Zen upgraded Mercury General from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Mercury General currently has a consensus rating of “Strong Buy”.

Mercury General Stock Performance

NYSE:MCY opened at $102.88 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.47 and a quick ratio of 0.47. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 6.08 and a beta of 0.89. The company’s 50-day moving average is $103.07 and its two-hundred day moving average is $101.33. Mercury General has a 1-year low of $74.29 and a 1-year high of $113.06.

Mercury General (NYSE:MCY) last released its quarterly earnings data on Tuesday, August 4th. The insurance provider reported $3.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.99. Mercury General had a net margin of 14.77% and a return on equity of 31.98%. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.52 billion.

Mercury General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.3175 per share. This represents a $1.27 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, September 10th. Mercury General’s dividend payout ratio (DPR) is 7.51%.

Institutional Investors Weigh In On Mercury General

Institutional investors have recently made changes to their positions in the stock. Allworth Financial LP acquired a new position in shares of Mercury General in the second quarter valued at approximately $35,000. PenderFund Capital Management Ltd. purchased a new stake in Mercury General during the 2nd quarter worth approximately $44,000. Caitlin John LLC purchased a new stake in Mercury General during the 2nd quarter worth approximately $53,000. Hilton Head Capital Partners LLC lifted its holdings in Mercury General by 32.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 541 shares of the insurance provider’s stock worth $48,000 after buying an additional 133 shares in the last quarter. Finally, State of Wyoming acquired a new stake in Mercury General during the 2nd quarter worth approximately $78,000. 42.39% of the stock is currently owned by institutional investors and hedge funds.

About Mercury General

Mercury General Corporation is an insurance holding company that underwrites and provides personal and commercial property and casualty insurance. Through its Mercury Insurance operations, the company primarily serves individuals, families and businesses seeking coverage for automobiles, homes and other property.

Its product offerings include private passenger automobile insurance, homeowners insurance, commercial automobile insurance, dwelling fire coverage and umbrella insurance. Mercury also provides related insurance products and services, including roadside assistance and mechanical protection in certain markets.

Founded in 1961, Mercury General is headquartered in Los Angeles, California.