Mercury General Corp. MCY
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Mercury General Corp. (MCY) Business Model and Operations Summary
Mercury General Corp is an insurance holding company. It is engaged in writing personal automobile insurance and provides related property and casualty insurance products. The Company offers the following types of automobile coverage: collision, property damage, bodily injury ("BI"), comprehensive, personal injury protection ("PIP"), underinsured and uninsured motorist, and other hazards. The Company offers the following types of homeowners coverage: dwelling, liability, personal property, and other coverages.
Key Insights
Mercury General Corp. (MCY) Core Market Data and Business Metrics
Latest Closing Price
$56.15Market Cap
$3.12 BillionPrice-Earnings Ratio
6.64Total Outstanding Shares
55.39 Million SharesTotal Employees
4,200Dividend
$0.32 Per Share QuarterlyIPO Date
October 9, 1996SIC Description
Fire, Marine & Casualty InsurancePrimary Exchange
New York Stock ExchangeHeadquarters
4484 Wilshire Blvd, Los Angeles, CA, 90010
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $169.35 Million |
| Net Cash Flow From Operating Activities | $1.04 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-796.66 Million |
| Net Cash Flow, Continuing | $169.35 Million |
| Net Cash Flow From Financing Activities, Continuing | $-71.11 Million |
| Net Cash Flow From Investing Activities | $-796.66 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit, Deferred | $-12.84 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $467.95 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Basic Earnings Per Share | $8.45 |
| Income/Loss From Continuing Operations After Tax | $467.95 Million |
| Operating Income/Loss | $574.88 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $467.95 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $467.95 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $6.36 Billion |
| Assets | $8.31 Billion |
| Fixed Assets | $138.18 Million |
| Equity Attributable To Parent | $1.95 Billion |
| Intangible Assets | $7.68 Million |
| Long-term Debt | $575 Million |
Historical Dividends
Current dividend: $0.32 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 11, 2025 | Mar 27, 2025 | Mar 13, 2025 | $0.3175 | Quarterly |
| Oct 29, 2024 | Dec 26, 2024 | Dec 12, 2024 | $0.3175 | Quarterly |
| Jul 30, 2024 | Sep 26, 2024 | Sep 12, 2024 | $0.3175 | Quarterly |
| Apr 30, 2024 | Jun 27, 2024 | Jun 13, 2024 | $0.3175 | Quarterly |
| Feb 13, 2024 | Mar 27, 2024 | Mar 13, 2024 | $0.3175 | Quarterly |
| Oct 31, 2023 | Dec 28, 2023 | Dec 14, 2023 | $0.3175 | Quarterly |