Mercury General receives Investment Bank Analyst Rating Update
Investing.com - Mercury General (NYSE:MCY) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Mercury General...
Mercury General (MCY) reported Q3 EPS of $0.28, $0.58 better than the analyst estimate of ($0.30). Revenue for the quarter came in at $1.03 billion versus the consensus estimate of...
Okay, so the markets are swooning this September, with the Dow Jones down 4.5% month to date, the S&P 500 down 6.3% and the Nasdaq, which is the worst of the three, down 8.5%....
Insurance industry players’ second-quarter results are likely to benefit from a benign catastrophe environment, improved pricing, reinsurance agreements, compelling products...
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Brea, California.
|Average||45.00 (+22.85% Upside)|
|No. of Analysts||1|