MC

Mercury General CorpNYSE MCY Stock Report

Last reporting period 30 Sep, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

3.584

Middle

Exchange

XNYS - New York Stock Exchange, Inc

MCY Stock Analysis

MC

Uncovered

Mercury General Corp is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

25.8 %

Undervalued

Market cap $B

3.584

Dividend yield

2.74 %

Shares outstanding

55.371 B

Mercury General Corp. operates as a broker and agency writer of automobile insurance. The company is headquartered in Los Angeles, California and currently employs 4,300 full-time employees. The firm writes homeowners, commercial automobile, commercial property, mechanical protection and umbrella insurance. The Company’s automobile coverages include collision, property damage, bodily injury, personal injury protection, underinsured, and uninsured motorist and other hazards. Its homeowners’ coverage includes dwelling, liability, personal property, fire and other hazards. The firm offers standard, non-standard and preferred private passenger automobile insurance. The company also offers homeowners insurance in approximately 10 states, commercial automobile insurance in approximately four states, and mechanical protection insurance in various states. Its subsidiaries include Mercury Casualty Company, California Automobile Insurance Company, Orion Indemnity Company, American Mercury Insurance Company, Animas Funding LLC, and Mercury Insurance Company of Illinois.

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