Business description: Mercury General Corporation

Mercury General Corporation is an insurance holding company engaged in writing personal automobile insurance business. The Company writes homeowners, commercial automobile, commercial property, mechanical protection and umbrella insurance. The Company’s automobile coverages include collision, property damage, bodily injury, personal injury protection, underinsured, and uninsured motorist and other hazards. Its homeowners’ coverage includes dwelling, liability, personal property, fire and other hazards. The Company offers standard, non-standard and preferred private passenger automobile insurance. It also offers homeowners insurance in approximately 10 states, commercial automobile insurance in approximately four states, and mechanical protection insurance in various states. Its subsidiaries include Mercury Casualty Company, California Automobile Insurance Company, Orion Indemnity Company, American Mercury Insurance Company, Animas Funding LLC, and Mercury Insurance Company of Illinois.

Number of employees: 4,200

Sales by Activity: Mercury General Corporation

Fiscal Period: December20202021202220232024

Property & Casualty

3.53B 3.71B 3.92B 4.25B 5.05B

Other

28.8M 29M 28.9M 29M 29.4M

Unallocated Investment Income

135M 130M 168M 235M 280M

Unallocated Net Realized Investment (Losses) Gains

85.7M 112M -488M 101M 88.7M

Unallocated Other Income

8.3M 10M 10.3M 19.6M 31.5M
See all business segments

Geographical breakdown of sales: Mercury General Corporation

Fiscal Period: December20202021202220232024

United States

3.78B 3.99B 3.64B 4.63B 5.48B
See all geographic segments

Executive Committee: Mercury General Corporation

Manager TitleAgeSince
Chief Executive Officer 60 2006-12-31
Director of Finance/CFO 61 2000-12-31
Chief Tech/Sci/R&D Officer 48 2023-03-05
Chief Tech/Sci/R&D Officer 65 2007-12-31
Chief Investment Officer 59 1997-12-31
See MERCURY GENERAL CORPORATION governance

Composition of the Board of Directors: Mercury General Corporation

Director TitleAgeSince
Director/Board Member 60 2002-12-31
Chairman - 1960-12-31
Director/Board Member 76 2007-12-31
Director/Board Member 78 2014-02-06
Director/Board Member 54 2017-02-02
Director/Board Member 67 2018-10-25
Director/Board Member 65 2018-10-25
Director/Board Member 38 2021-09-30
Composition of the Board of Directors

Shareholders: Mercury General Corporation

NameEquities%Valuation
35.33 %
19,567,934 35.33 % 1 318 M $
16.54 %
9,160,000 16.54 % 617 M $
BlackRock Advisors LLC
7.3 %
4,043,544 7.3 % 272 M $
Vanguard Fiduciary Trust Co.
6.21 %
3,439,432 6.21 % 232 M $
DFA Australia Ltd.
3.608 %
1,998,312 3.608 % 135 M $
List of MERCURY GENERAL CORPORATION shareholders

Company details: Mercury General Corporation

Mercury General Corp.

4484 Wilshire Boulevard

90010, Los Angeles

+323 937 1060

http://www.mercuryinsurance.com
address Mercury General Corporation(MCY)

Insurance - Automobile

Change 5d. change 1-year change 3-years change Capi.($)
-0.30%-1.89%+22.61%+43.50% 3.66B
-1.76%-6.37%+15.65%+103.61% 144B
+2.78%+2.78%+70.58%+89.28% 44.03B
+0.68%+0.25%+5.03%+1.15% 15.41B
+0.99%-2.33%+25.87%+41.19% 13.37B
-1.27%-7.61%+77.04%+191.97% 6.02B
+0.37%+1.56%+11.42%+111.90% 4.09B
+2.74%-4.79%-20.09%+1.05% 1.02B
-0.40%-1.86%-12.43%-13.12% 907M
+1.27%-2.79%+12.96%+78.27% 287M
Average +0.51%-2.50%+20.86%+64.88% 23.24B
Weighted average by Cap. -0.48%-3.62%+27.30%+91.06%
See all sector performances
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
66.04USD
Average target price
80.00USD
Spread / Average Target
+21.14%
Consensus

Quarterly revenue - Rate of surprise

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