Mercury General's (MCY, Financial) stock recently experienced a notable drop of 5.13%, trading at $49.40 per share with a trading volume of 265,573 shares and a turnover rate of 0.48%. The stock's price fluctuation reached 6.05%. The latest financial report indicates that the company achieved a revenue of $1.53 billion, a net profit of $231 million, and earnings per share of $4.17, with a price-to-earnings ratio of 4.91.
Currently, there are no institutional ratings available for Mercury General in terms of buy, hold, or sell recommendations. Within the broader insurance sector, the overall increase was 1.31%. Among its peers, Oxbridge Re Holdings Limited, Donegal Group-B, and Prudential plc saw significant gains. Reliance Global Group, Inc., Fundamental Global Inc., and Kingstone Companies were notably active, with turnover rates of 3.01%, 2.92%, and 1.86%, respectively. Stocks with significant price fluctuations included Oxbridge Re Holdings Limited, Donegal Group-B, and InsurTech, with amplitudes of 11.10%, 9.59%, and 9.46%.
Mercury General is an insurance holding company that primarily engages in personal automobile insurance. It offers various insurance products, including collision, property damage, bodily injury, comprehensive personal injury protection, uninsured and underinsured motorist coverage, and more. Additionally, the company provides homeowner insurance products covering residential, liability, personal property, and other insurance needs.
