Mercury General upgraded by Raymond James with a new price target
$MCY
Property-Casualty Insurers
Finance
Raymond James upgraded Mercury General from Outperform to Strong Buy and set a new price target of $80.00 from $70.00 previously
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| 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 |
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4/A - 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)
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)
Practical Tips to Keep Young Drivers Safe and Insurance Costs Manageable LOS ANGELES, Aug. 21, 2025 /PRNewswire/ -- A teen's first driver's license is both exciting and nerve-wracking for parents. Safety, training and the right insurance coverage ensures that new drivers are protected every mile of the journey. Mercury Insurance knows that a teen's first license brings excitement — and higher insurance costs. Factors like age, driving distance and the type of vehicle all influence rates. In honor of National Traffic Awareness Month, Mercury is sharing tips to help parents of first-time drivers keep premiums as low as possible. "National Traffic Awareness Month is an important reminder of how
The new plan will provide California homeowners in higher risk areas with insurance options beyond the State's FAIR Plan, while also delivering more comprehensive coverage LOS ANGELES, Aug. 15, 2025 /PRNewswire/ -- Mercury Insurance (NYSE:MCY) has submitted a rate filing for its California Homeowners program based on the State's Sustainable Insurance Strategy. The filing is the first to use the recently reviewed Verisk Wildfire catastrophe model, which helps estimate the impact of future catastrophic wildfire events. Once approved, this filing will allow the Company to grow its footprint in higher wildfire risk areas. Mercury's new rating plan will strengthen the Company's ability to offer
Mercury's New Umbrella Insurance Better Protects Floridians' Personal Wealth Against Bodily Injury Claims LOS ANGELES, Aug. 14, 2025 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Floridians' personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insurance (NYSE:MCY). The recent trend of rising liability injury claims for home and auto owners that exceed traditional policy limits has moved Mercury to unveil an all-new personal umbre
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
LOS ANGELES, May 6, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2025: Consolidated Highlights Three Months Ended March 31, Change 2025 2024 $ % (000's except per-share amounts and ratios) Net premiums earned (2) $ 1,283,069 $ 1,166,679 $ 116,390 10.0 Net premiums written (1) (2) $ 1,314,380 $ 1,284,984 $ 29,396 2.3 Net realized investment gains, net of tax (3) $ 18,424 $ 30,172 $ (11,748) (38.9) Net (loss) income $ (108,327) $ 73,462 $ (181,789) (247.5) Net (loss) income per diluted share $ (1.96) $ 1.33 $ (3.29) (247.4) Operating (loss) i
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
SC 13G/A - MERCURY GENERAL CORP (0000064996) (Subject)