Mercury General Corporation (MCY) is a publicly traded company in the Financial Services — Insurance - Property & Casualty industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products.
Is Mercury General Corporation stock overvalued or undervalued in 2026?
Mercury General Corporation (MCY) trades at 6.1× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROE del 37,2 % (2.0×) $103 (0 %); at its peers' median (5.2×) $269 (+162 %).
Kaplio overview: Mercury General Corporation
Market cap $6B · 52 weeks $76 – $111 (7 % below the high) · P/E 6.1× · 2027 expected P/E 8.7× · Dividend 1.2 % · Next earnings November 3, 2026 · expected EPS $3.43 · Closing price, Oct 30 · accounts published Aug 4.
- Valuation: P/B 2.0× (justified).
- Business: 5-year op. margin 2.6 % (weak).
- Balance sheet: Debt/Equity 0.34 (fragile).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At a P/B justified by its ROE del 37,2 % (2.0×) $103 (0 %); at its peers' median (5.2×) $269 (+162 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in insurance: 1 of 5 pass
- Op Margin 5y (Combined Ratio proxy) 2.6 %, fails.
- Book Value / Share growth 3.5 %, fails.
- Debt / Equity 0.34, fails.
- Dividend growth streak 0 años, fails.
- P/B (Price / Book) 2.0×, passes.
Against its peers (reference peers) — Mercury General Corporation: P/E 6.0×; P/B 2.0×; ROE 37.2 %; $5.7B. Selective Insurance Group, Inc. (P/E 12.3×; P/B 1.8×; ROE 14.3 %; $5.9B), Hagerty, Inc. (P/E 158×; P/B 5.2×; ROE 9.8 %; $5.4B), Lemonade, Inc. (P/E —; P/B 6.6×; ROE -26.8 %; $3.3B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 2.0× · median 1.7× · minimum 0.7× · maximum 2.8× · cheap below 1.4× · expensive above 1.9×. It has been cheaper than today 84% of the time over its last ten fiscal years.
Dividend
tight (only raised recently) · Yield 1.2 % ($1.27 per share in 2025) · 5-year growth -13 % a year · Free cash flow coverage payout 13 % · With $1,000 invested today you'd collect $12.40 a year ($1.03 a month).
Profitability
| Return on Equity | 37.19% |
| Return on Invested Capital | 33.97% |
| Return on Assets | 8.89% |
| Gross Margin | 44.78% |
| Operating Margin | 18.32% |
| Net Margin | 14.77% |
Financial Health
| Debt / Equity | 0.34 |
| Current Ratio | 856.31 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 1.17 |
Price Performance
| 1 month | +2.37% |
| 3 months | -4.17% |
| Year-to-date | +9.13% |
| 1 year | +32.79% |
| 3 years | +173.37% |
| 5 years | +85.39% |
| 10 years | +89.88% |
Dividend History
Paid in the last 12 months: $1.2700 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-10 | $0.3175 |
| 2026-06-11 | $0.3175 |
| 2026-03-12 | $0.3175 |
| 2025-12-10 | $0.3175 |
| 2025-09-11 | $0.3175 |
| 2025-06-12 | $0.3175 |
| 2025-03-13 | $0.3175 |
| 2024-12-12 | $0.3175 |
| 2024-09-12 | $0.3175 |
| 2024-06-13 | $0.3175 |
Amounts adjusted for stock splits.
Related companies: SIGI · IBOC · WTM · AX · AB · LMND · HGTY
Explore sector: Financial Services · Insurance - Property & Casualty
More sections of MCY: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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