Mercury General Corporation

Owners of Mercury General Corporation (NYSE: MCY) shares as of market close today will be eligible for a dividend of 61 cents per share. At a price of $36.97 as of 9:35 a.m. ET, the dividend yield is 6.7%.

The average volume for Mercury General Corporation has been 424,900 shares per day over the past 30 days. Mercury General Corporation has a market cap of $2.0 billion and is part of the insurance industry. Shares are down 7.4% year to date as of the close of trading on Friday.

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Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance. The company also writes homeowners, commercial automobile and property, mechanical breakdown, fire, and umbrella insurance. The company has a P/E ratio of 17.22. Currently there are no analysts that rate Mercury General Corporation a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Mercury General Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Mercury General Corporation Ratings Report now.

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