Is Mercury General Stock a Good Investment?
Mercury General Investment Advice | MCY |
- Examine Mercury General's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Mercury General's leadership team and their track record. Good management can help Mercury General navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Mercury General's business and its evolving consumer preferences.
- Compare Mercury General's performance and market position to its competitors. Analyze how Mercury General is positioned in terms of product offerings, innovation, and market share.
- Check if Mercury General pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Mercury General's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Mercury General stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Mercury General is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Mercury General Stock
Researching Mercury General's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 52.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mercury General has Price/Earnings To Growth (PEG) ratio of 1.19. The entity recorded earning per share (EPS) of 10.09. The firm last dividend was issued on the 12th of December 2024. Mercury General had 2:1 split on the 10th of October 1997.
To determine if Mercury General is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mercury General's research are outlined below:
| Mercury General generated a negative expected return over the last 90 days | |
| Mercury General has high historical volatility and very poor performance | |
| Mercury General has 587.96 M in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Mercury General has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Mercury to invest in growth at high rates of return. | |
| About 52.0% of Mercury General outstanding shares are owned by corporate insiders | |
| On 26th of December 2024 Mercury General paid $ 0.3175 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Mercury General Stock Dips Amidst Insurance Sector Movements |
Mercury General Quarterly Liabilities And Stockholders Equity |
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Mercury General uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mercury General. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mercury General's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Mercury General's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Mercury General's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-02-10 | 2019-12-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2002-04-29 | 2002-03-31 | 0.48 | 0.53 | 0.05 | 10 | ||
2001-07-30 | 2001-06-30 | 0.44 | 0.49 | 0.05 | 11 | ||
2001-02-05 | 2000-12-31 | 0.52 | 0.46 | -0.06 | 11 | ||
1997-05-05 | 1997-03-31 | 0.5 | 0.56 | 0.06 | 12 | ||
2001-04-30 | 2001-03-31 | 0.47 | 0.4 | -0.07 | 14 | ||
1997-08-04 | 1997-06-30 | 0.58 | 0.65 | 0.07 | 12 | ||
2019-04-29 | 2019-03-31 | 0.79 | 0.87 | 0.08 | 10 |
Mercury General Target Price Consensus
Mercury target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Mercury General's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| One | Buy |
Most Mercury analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Mercury stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Mercury General, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMercury General Target Price Projection
Mercury General's current and average target prices are 50.80 and 80.00, respectively. The current price of Mercury General is the price at which Mercury General is currently trading. On the other hand, Mercury General's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Mercury General Market Quote on 30th of January 2025
Target Price
Analyst Consensus On Mercury General Target Price
Mercury General Analyst Ratings
Mercury General's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Mercury General stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Mercury General's financials, market performance, and future outlook by experienced professionals. Mercury General's historical ratings below, therefore, can serve as a valuable tool for investors.Know Mercury General's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Mercury General is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mercury General backward and forwards among themselves. Mercury General's institutional investor refers to the entity that pools money to purchase Mercury General's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2024-09-30 | 420.7 K | Driehaus Capital Management Llc | 2024-09-30 | 415.1 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 368.3 K | Bank Of New York Mellon Corp | 2024-09-30 | 288.3 K | Phase 2 Partners, Llc | 2024-09-30 | 274 K | Northern Trust Corp | 2024-09-30 | 272.1 K | Assenagon Asset Management Sa | 2024-09-30 | 214.4 K | Point72 Asset Management, L.p. | 2024-09-30 | 207.5 K | Hennessy Advisors, Inc. | 2024-12-31 | 192.3 K | Blackrock Inc | 2024-09-30 | 4.6 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
Mercury General's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.74 B.Market Cap |
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Mercury General's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.01 | |
| Return On Capital Employed | (0.06) | (0.06) | |
| Return On Assets | 0.02 | 0.01 | |
| Return On Equity | 0.07 | 0.13 |
Determining Mercury General's profitability involves analyzing its financial statements and using various financial metrics to determine if Mercury General is a good buy. For example, gross profit margin measures Mercury General's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mercury General's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Mercury General's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mercury General. Check Mercury General's Beneish M Score to see the likelihood of Mercury General's management manipulating its earnings.
Evaluate Mercury General's management efficiency
Mercury General has Return on Asset of 0.0598 % which means that on every $100 spent on assets, it made $0.0598 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.345 %, implying that it generated $0.345 on every 100 dollars invested. Mercury General's management efficiency ratios could be used to measure how well Mercury General manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.13 in 2025, whereas Return On Tangible Assets are likely to drop 0.01 in 2025. At this time, Mercury General's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 6.4 B in 2025, despite the fact that Non Currrent Assets Other are likely to grow to (4.5 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 25.16 | 18.66 | |
| Tangible Book Value Per Share | 24.33 | 18.25 | |
| Enterprise Value Over EBITDA | 12.35 | 11.73 | |
| Price Book Value Ratio | 1.53 | 1.93 | |
| Enterprise Value Multiple | 12.35 | 11.73 | |
| Price Fair Value | 1.53 | 1.93 | |
| Enterprise Value | 1.9 B | 1.3 B |
Mercury General showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Basic technical analysis of Mercury Stock
As of the 30th of January, Mercury General secures the Standard Deviation of 3.77, risk adjusted performance of (0.07), and Mean Deviation of 2.34. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mercury General, as well as the relationship between them.Mercury General's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mercury General insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mercury General's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mercury General insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Theodore Stalick over three months ago Disposition of 2500 shares by Theodore Stalick of Mercury General at 45.3 subject to Rule 16b-3 | ||
Theodore Stalick over three months ago Disposition of 100 shares by Theodore Stalick of Mercury General at 34.81 subject to Rule 16b-3 | ||
Ribisi Mark Allan over six months ago Disposition of tradable shares by Ribisi Mark Allan of Mercury General subject to Rule 16b-3 | ||
Charles Toney over a year ago Mercury General exotic insider transaction detected |
Mercury General's Outstanding Corporate Bonds
Mercury General issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mercury General uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mercury bonds can be classified according to their maturity, which is the date when Mercury General has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MERCURY GEN P Corp BondUS589400AB62 | View | |
| US58942HAC51 Corp BondUS58942HAC51 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Mercury General's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Mercury General's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.24) | |||
| Mean Deviation | 2.34 | |||
| Coefficient Of Variation | (1,054) | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.2 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.25) | |||
| Maximum Drawdown | 27.74 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.03 | |||
| Skewness | (1.95) | |||
| Kurtosis | 10.6 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.24) | |||
| Mean Deviation | 2.34 | |||
| Coefficient Of Variation | (1,054) | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.2 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.25) | |||
| Maximum Drawdown | 27.74 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.03 | |||
| Skewness | (1.95) | |||
| Kurtosis | 10.6 |
Consider Mercury General's intraday indicators
Mercury General intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mercury General stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 35642.27 | |||
| Daily Balance Of Power | 0.4345 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 50.95 | |||
| Day Typical Price | 50.9 | |||
| Price Action Indicator | 0.48 | |||
| Period Momentum Indicator | 1.26 |
Mercury General Corporate Filings
8K | 21st of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Mercury Stock media impact
Far too much social signal, news, headlines, and media speculation about Mercury General that are available to investors today. That information is available publicly through Mercury media outlets and privately through word of mouth or via Mercury internal channels. However, regardless of the origin, that massive amount of Mercury data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Mercury General news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Mercury General relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Mercury General's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Mercury General alpha.
Mercury General Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Mercury General can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Mercury General Historical Investor Sentiment
Investor biases related to Mercury General's public news can be used to forecast risks associated with an investment in Mercury. The trend in average sentiment can be used to explain how an investor holding Mercury can time the market purely based on public headlines and social activities around Mercury General. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mercury General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mercury General and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Mercury General news discussions. The higher the estimate score, the more favorable the investor's outlook on Mercury General.
Mercury General Maximum Pain Price Across March 21st 2025 Option Contracts
Mercury General's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Mercury General close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Mercury General's options.
Mercury General Corporate Directors
| James Ellis | Independent Director | Profile | |
| George Braunegg | Independent Director | Profile | |
| Christopher Graves | Chief Investment Officer, VP, Director and Member of Investment Committee | Profile | |
| Joshua Little | Independent Director | Profile |
Additional Tools for Mercury Stock Analysis
When running Mercury General's price analysis, check to measure Mercury General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.