Mercury General Corporation (MCY)
Mercury General Corporation operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $100.34, down 0.59% on the session, giving a market capitalisation of $5.56B. On trailing twelve-month figures it carries a trailing P/E of 5.93, a net margin of 14.8%. Its beta of 0.92 implies it has historically moved less than the broad market.
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. The company's 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, and other coverages. It 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 incorporated in 1961 and is headquartered in Los Angeles, California.
Mercury General Corporation is most often compared with the following Financial Services names: