Mercury General Corp (MCY) Posts Turnaround with Strong Q4 and Fiscal 2023 Results [Yahoo! Finance]
Mercury General Corporation (MCY)
Last mercury general corporation earnings: 2/10 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
mercuryinsurance.com/investor-information
Company Research
Source: Yahoo! Finance
Net Premiums Earned : The company saw a 13.9% increase in net premiums earned in Q4 2023, amounting to $1.14 billion compared to $1.00 billion in the same period last year. Investment Gains : Net realized investment gains after tax surged by 73.7% to $127.8 million in Q4 2023 from $73.6 million in Q4 2022. Combined Ratio : The combined ratio improved significantly to 98.6% in Q4 2023 from 115.8% in Q4 2022, indicating better profitability. Rate Increases : Approved rate increases in California are expected to positively impact future earnings. Dividend : A quarterly dividend of $0.3175 per share was declared, payable on March 27, 2024. Warning! GuruFocus has detected 4 Warning Sign with MCY. On February 13, 2024, Mercury General Corp ( NYSE:MCY ) released its 8-K filing , revealing a significant turnaround in its fourth quarter and fiscal year 2023 results. The insurance holding company, which operates predominantly in the property-casualty market and is known for its low
Show less
Read more
Impact Snapshot
Event Time:
MCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCY alerts
High impacting Mercury General Corporation news events
Weekly update
A roundup of the hottest topics
MCY
News
- Mercury General Corporation Announces First Quarter Results and Declares Quarterly DividendPR Newswire
- Mercury General Co. (NYSE: MCY) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Mercury General (MCY) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Mercury General's Ongoing Comeback: A Closer Look At The Revival [Seeking Alpha]Seeking Alpha
- Mercury General (MCY) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
MCY
Earnings
- 4/30/24 - Beat
MCY
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 3/26/24 - Form ARS
- MCY's page on the SEC website