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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 |
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4 - MERCURY GENERAL CORP (0000064996) (Issuer)
4/A - MERCURY GENERAL CORP (0000064996) (Issuer)
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, 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
LOS ANGELES, April 14, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE:MCY) reported today that after the markets close on Tuesday, May 6, 2025, the Company will issue an earnings press release reporting its results for the first 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, Feb. 11, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE:MCY) reported today the fourth quarter and fiscal 2024 results: Consolidated Highlights Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) Net premiums earned $ 1,352,101 $ 1,144,895 $ 207,206 18.1 % $ 5,075,456 $ 4,274,378 $ 801,078 18.7 % Net premiums written (1) $ 1,314,933 $ 1,132,150 $ 182,783 16.1 % $ 5,378,310 $ 4,464,199 $ 914,111 20.5 % Net realized investment (losses) gains, net of tax (2) $ (52,823) $ 127,810 $ (180,633) (141.3) % $ 70,050 $ 79,801 $ (9,751) (12.2)
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
Thousands of California Homeowners Are Underinsured LOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate insurance coverage. In addition to the emotional toll of losing a home, the financial burden can be overwhelming — particularly for those who discover their coverage falls short. According to a recent report in the San Francisco Chronicle, a significant number of California policyholders are underinsured, meaning that they may not receive sufficient funds to rebuild a home comparable to the one they lost. Equally concerning is data from Lendin
Company Unveils Musical Homage to San Diego Through Mural by World Renowned Artist, Nigel Sussman, at North Island Credit Union Amphitheatre LOS ANGELES, May 28, 2025 /PRNewswire/ -- Mercury Insurance has long been a champion for everyday heroes — those unsung individuals who make our communities stronger, through their unselfish and "above and beyond" contributions that make San Diego great. Mercury is recognizing these amazing members of the community through its Community Rockstars program in partnership with iHeart and North Island Credit Union Amphitheatre (NICUA) in San Diego. "Through our partnership with the North Island Credit Union Amphitheatre, we're shining a spotlight on those w
Hockeywood Wall of Fame Inductees Feted at Kings Season Finale LOS ANGELES, May 21, 2025 /PRNewswire/ -- "Not all heroes wear capes" is a time-honored cliché for a reason — the sentiment rests in truth. Mercury Insurance and the Los Angeles Kings honored 13 of these everyday heroes over the course of the 2024-25 season with a spot in the Mercury Insurance Hockeywood Wall of Fame. The program was created to honor community heroes who do amazing things for their neighbors, often doing so without being recognized for their efforts. "Every community is home to heroes who don't get the recognition they deserve," said Erik Thompson, VP and CMO for Mercury Insurance. "They are what make our communi
8-K - MERCURY GENERAL CORP (0000064996) (Filer)
10-Q - MERCURY GENERAL CORP (0000064996) (Filer)
8-K - MERCURY GENERAL CORP (0000064996) (Filer)
SC 13G/A - MERCURY GENERAL CORP (0000064996) (Subject)