Mercury General downgraded by Raymond James with a new price target
$MCY
Property-Casualty Insurers
Finance
Raymond James downgraded Mercury General from Strong Buy to Outperform and set a new price target of $33.00 from $40.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2025 | $70.00 → $80.00 | Outperform → Strong Buy | Raymond James |
| 7/7/2023 | $40.00 → $33.00 | Strong Buy → Outperform | Raymond James |
| 11/4/2022 | $45.00 | Underperform → Strong Buy | Raymond James |
Practical, Easy-to-Follow Advice to Keep Your Home and Family Safe While Celebrating Halloween LOS ANGELES, Oct. 28, 2025 /PRNewswire/ -- Halloween can be full of fun and fright, but for homeowners, it sometimes brings more tricks than treats. Mercury Insurance (NYSE:MCY) wants to help protect policyholders, their families and their property during the spookiest time of the year. "Halloween is a fun night, but it also brings unique risks for homeowners. From increased foot traffic to potential vandalism, it's smart to double-check your homeowners insurance coverage," said Bonnie Lee, Vice President of Property Claims at Mercury Insurance. "Make sure your property is well-lit, walkways are cl
Protect Yourself During National Cybersecurity Awareness Month LOS ANGELES, Oct. 23, 2025 /PRNewswire/ -- Mercury Insurance (NYSE:MCY) recognizes that cyberattacks are on the rise. According to the U.S. Federal Bureau of Investigation (FBI), more than 859,000 cybercrime complaints were filed last year, with over 1.35 billion individuals impacted by data compromises — including breaches, leaks and unauthorized exposures — in the United States alone. In honor of National Cybersecurity Awareness Month, Mercury is highlighting simple steps that can lessen your chances of becoming a victim. One key area of protection offered by Mercury is supplemental coverage that encompasses computer and home s
Company Offers Tips to Help Consumers Spot Scams and Protect Their Coverage LOS ANGELES, Oct. 21, 2025 /PRNewswire/ -- Home insurance is intended to give homeowners peace of mind by protecting their most valuable asset, but not everyone who purports to be selling insurance operates with integrity. Insurance fraud, including homeowners insurance fraud, is all too common in the U.S., costing it approximately $308.6 billion — or about $900 more per policyholder annually in increased premiums. Mercury Insurance (NYSE:MCY) wants to help consumers protect themselves by highlighting some common home insurance fraud schemes. "When choosing a home insurance provider, it's important to first research
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
Raymond James upgraded Mercury General from Outperform to Strong Buy and set a new price target of $80.00 from $70.00 previously
Raymond James downgraded Mercury General from Strong Buy to Outperform and set a new price target of $33.00 from $40.00 previously
Raymond James upgraded Mercury General from Underperform to Strong Buy and set a new price target of $45.00
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
8-K - MERCURY GENERAL CORP (0000064996) (Filer)
10-Q - MERCURY GENERAL CORP (0000064996) (Filer)
8-K - MERCURY GENERAL CORP (0000064996) (Filer)
Simon Zhang will spearhead effort to unlock Mercury's deep data and analytics resources to fuel the company's innovation efforts and improve customer experiences LOS ANGELES, Feb. 8, 2024 /PRNewswire/ -- Mercury Insurance (NYSE:MCY), a leading provider of property and casualty insurance, has appointed Simon Zhang to the newly-created position of Chief Data and Analytics Officer. The hire continues Mercury's ongoing effort to utilize advanced data analytics to drive business growth, elevate the carrier's product offerings, and better meet the needs of its policyholders. "This
Wilson Pang to Supercharge Technological Innovation Focused on Today's Modern Customers LOS ANGELES, March 6, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE:MCY), a leading provider of property and casualty insurance, has appointed Wilson Pang as Chief Technology Officer (CTO) to lead its technological transformation efforts. Mercury was built on innovation when George Joseph – who founded Mercury more than 60 years ago – transformed the industry with the introduction of segmented pricing for different risk groups. With that entrepreneurial spirit serving as the foundation for the company, Mercury is poised to take a giant step into the digital future with the appointment of Mr. Pang
Wilson Pang to Supercharge Technological Innovation Focused on Today's Modern Customers LOS ANGELES, March 6, 2023 /PRNewswire-PRWeb/ -- Mercury General Corporation (NYSE:MCY), a leading provider of property and casualty insurance, has appointed Wilson Pang as Chief Technology Officer (CTO) to lead its technological transformation efforts. Mercury was built on innovation when George Joseph – who founded Mercury more than 60 years ago – transformed the industry with the introduction of segmented pricing for different risk groups. With that entrepreneurial spirit serving as the foundation for the company, Mercury is poised to take a giant step into the digital future with the appointment of Mr
LOS ANGELES, Oct. 8, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, November 4, 2025, the Company will issue an earnings press release reporting its results for the third quarter of 2025, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q. Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in ma
LOS ANGELES, July 29, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2025: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2025 2024 $ % 2025 2024 $ % (000's except per-share amounts and ratios) Net premiums earned (2) $ 1,366,738 $ 1,236,024 $ 130,714 10.6 $ 2,649,808 $ 2,402,703 $ 247,105 10.3 Net premiums written (1) (2) $ 1,480,807 $ 1,355,460 $ 125,347 9.2 $ 2,795,188 $ 2,640,444 $ 154,744 5.9 Net realized investment gains, net of tax (3) $ 18,549 $ 2,290 $ 16,259 710.0 $ 36,973 $ 32,461 $ 4,512 13.9 Net income $ 166,472 $ 62,568 $
LOS ANGELES, July 8, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE:MCY) reported today that after the markets close on Tuesday, July 29, 2025, the Company will issue an earnings press release reporting its results for the second quarter of 2025, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q. Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many
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