Mercury General Corp (MCY-N)
NYSE:MCY
53.81
0.62
(1.17%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This Week’s Stock Picks & BNN Top Picks Summary: JPM-N, META-Q and 19 Stock and 5 ETF Top Picks (Apr 04-10)This summary was created by AI, based on 3 opinions in the last 12 months.
Mercury General Corp (MCY), a significant player in California's insurance market, has been highlighted by analysts as a top investment choice. Despite challenges posed by recent wildfires, the company’s fundamentals remain strong, with increasing cash reserves and diminishing debt levels. The reviews indicate that the company trades at attractive multiples, including a price-to-earnings ratio of around 7-9x and a solid return on equity between 22% and 34%. Analysts have suggested trailing stop-loss strategies and aim for price targets ranging from $67 to $80, showcasing a robust upside potential of 25% to 40%. Furthermore, the company's dividend yield is also appealing, between 2.3% and 2.5%, which adds to its attractiveness as an investment option.
We reiterate MCY, a provider of insurance in California as a TOP PICK. The company recently reported the impact from the LA fires will not be as bad as feared and that liquidity remains strong. It trades at 9x earnings, 1.6x book and supports a robust 26% ROE. We recommend trailing up the stop (from $35) to $40, looking to achieve $69 — upside potential over 25%. Yield 2.3%
(Analysts’ price target is $80.00)The insurer of private homes and autos in the Los Angeles area has traded down aggressively as the wildfires have raged. Although analysts expect EPS to be reported at near zero this quarter, the outlook for the end of the fires looks positive and we think the news is fully discounted in the share price now. It trades at 5x earnings, 1.5x book and supports a 34% ROE. We recommend setting a stop-loss at $35, looking to achieve $70 -- upside potential of 40%. Yield 2.5%
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Mercury General Corp(MCY-N) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Mercury General Corp(MCY-N) Frequently Asked Questions
What is Mercury General Corp stock symbol?
Mercury General Corp is a American stock, trading under the symbol MCY-N on the New York Stock Exchange (MCY). It is usually referred to as NYSE:MCY or MCY-N
Is Mercury General Corp a buy or a sell?
In the last year, there was no coverage of Mercury General Corp published on Stockchase.
Is Mercury General Corp a good investment or a top pick?
Mercury General Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Mercury General Corp.
Why is Mercury General Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Mercury General Corp worth watching?
0 stock analysts on Stockchase covered Mercury General Corp In the last year. It is a trending stock that is worth watching.
What is Mercury General Corp stock price?
On 2025-04-17, Mercury General Corp (MCY-N) stock closed at a price of $53.81.
We reiterate MCY, a provider of general insurance in California as a TOP PICK. We like that cash reserves are growing, while debt is retired. It trades at 7x earnings, 1.4x book and supports a 22% ROE. We recommend trailing up the stop (from $40) to $44, looking to achieve $67 -- upside potential of 28%. Yield 2.4%
(Analysts’ price target is $80.00)