Mercury General Corporati... (MCY)

Despite a sharp stock drop from the January 2025 wildfires, the market overreacted; actual losses are manageable, and a significant upside remains. Regulatory reforms and rate increases approved by th...

Mercury General (MCY) reported earnings 30 days ago. What's next for the stock?

Investors need to pay close attention to Mercury General (MCY) stock based on the movements in the options market lately.

MCY's Q4 results reflect improved net premiums and higher average invested assets and cash, partially offset by wider catastrophe losses.

Mercury General Corporation (NYSE:MCY ) Q4 2024 Earnings Call February 12, 2025 12:00 PM ET Company Participants Gabriel Tirador - Chief Executive Officer Victor Joseph - President and Chief Operating...

Mercury General (MCY) came out with quarterly earnings of $2.78 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $1.15 per share a year ago.

Risks related to geographical concentration, negative analysts' sentiment, and a probable decline in the bottom line keep us doubtful on MCY stock.

Safety Insurance shows improvement but still struggles with underwriting losses; maintaining a "HOLD" rating due to ongoing challenges and valuation concerns. Mercury General has turned a corner with ...

Mercury General Corporation faces significant exposure to LA wildfires due to its high concentration of homeowners insurance in California. Despite the potential $251 million hit, Mercury's reinsuranc...

Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising ...