Mercury General Corporation (NYSE:MCY) Announces $0.32 Quarterly Dividend

Mercury General Corporation (NYSE:MCY) declared a quarterly dividend on Tuesday, February 17th. Investors of record on Thursday, March 12th will be given a dividend of 0.3175 per share by the insurance provider on Thursday, March 26th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, March 12th.

Mercury General has decreased its dividend by an average of 0.1%per year over the last three years. Mercury General has a payout ratio of 19.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Mercury General to earn $5.25 per share next year, which means the company should continue to be able to cover its $1.27 annual dividend with an expected future payout ratio of 24.2%.

Mercury General Stock Down 9.2%

Mercury General stock traded down $8.88 during mid-day trading on Wednesday, hitting $87.31. The company’s stock had a trading volume of 265,301 shares, compared to its average volume of 234,308. The firm’s 50 day moving average is $91.46 and its 200 day moving average is $84.87. The company has a market cap of $4.84 billion, a PE ratio of 11.08 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.45 and a quick ratio of 0.45. Mercury General has a 52-week low of $47.06 and a 52-week high of $100.06.

Mercury General (NYSE:MCY) last released its earnings results on Tuesday, February 17th. The insurance provider reported $3.66 earnings per share for the quarter, beating the consensus estimate of $2.56 by $1.10. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Mercury General had a return on equity of 19.53% and a net margin of 7.55%. On average, analysts anticipate that Mercury General will post -0.5 earnings per share for the current year.

Mercury General News Summary

Here are the key news stories impacting Mercury General this week:

• Positive Sentiment: Meaningful Q4 beat: Mercury reported $3.66 EPS vs. consensus ~$2.56 and revenue of $1.54B vs. ~$1.37B; net income and operating income rose materially and the quarter’s combined ratio improved — a clear underwriting/earnings beat. PR Newswire: Q4 & Dividend Release
• Positive Sentiment: Street confirmations of the beat: multiple outlets (Zacks, MSN, local press) highlighted the earnings and revenue beats, reinforcing the quarter’s strength to investors. Zacks: Earnings Beat
• Neutral Sentiment: Quarterly dividend declared: $0.3175 per share payable Mar 26 (ex‑dividend Mar 12), implying a ~1.4% yield — supportive for income investors but modest in yield. PR Newswire: Dividend
• Neutral Sentiment: Pre/post‑earnings positioning and valuation checks drew coverage as investors repositioned around the print, which can amplify intraday moves unrelated to fundamentals. Yahoo Finance: Valuation Check
• Negative Sentiment: Higher annual catastrophe impact: fiscal‑2025 catastrophe losses rose materially year‑over‑year (reported $508M vs. $277M), and the company recorded reinstatement/reinsurance activity that affected ceded premiums — a reminder of reserve and catastrophe volatility for insurers. PR Newswire: Q4 & Cat Losses
• Negative Sentiment: Near‑term earnings uncertainty: consensus estimates imply weaker results ahead (consensus group note points to a year with reduced EPS), which may temper enthusiasm from the quarterly beat and prompt profit‑taking.

Mercury General Company Profile

Mercury General Corporation is a holding company headquartered in Los Angeles, California, that underwrites and markets property and casualty insurance products through its principal subsidiary, Mercury Insurance Company. Established in 1961, the company has built a reputation for offering a broad range of personal and commercial lines, with a focus on automobile coverage. Mercury General operates in key U.S. markets, deploying a mix of independent agents and direct distribution channels to serve policyholders.

The company’s product portfolio includes personal automobile insurance, homeowners and renters policies, as well as commercial automobile, business liability and umbrella insurance.