Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
After finishing at $52.01 in the prior trading day, Mercury General Corp (NYSE: MCY) closed at $52.28, up 0.52%. In other words, the price has increased by $0.52 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MCY by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on February 12, 2025, Upgraded its rating to Strong Buy and sets its target price to $80 from $70 previously.
On July 07, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $40 to $33.
Raymond James Upgraded its Underperform to Strong Buy on November 04, 2022, while the target price for the stock was maintained at $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 07 ’25 when Ribisi Mark Allan bought 55 shares for $64.71 per share. The transaction valued at 3,559 led to the insider holds 680 shares of the business.
THE TIRADOR LIVINGTRUST bought 12,500 shares of MCY for $976,435 on Dec 05 ’24. On Dec 03 ’24, another insider, Sullivan Heidi C., who serves as the VP/Chief Human Capital Officer of the company, sold 1,076 shares for $77.28 each. As a result, the insider received 83,153 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Mercury’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.19, and their Forward P/E ratio for the next fiscal year is 8.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.49.
Stock Price History:
Over the past 52 weeks, MCY has reached a high of $80.72, while it has fallen to a 52-week low of $44.19. The 50-Day Moving Average of the stock is -10.98%, while the 200-Day Moving Average is calculated to be -14.24%.
Shares Statistics:
A total of 55.39M shares are outstanding, with a floating share count of 26.56M. Insiders hold about 52.05% of the company’s shares, while institutions hold 43.62% stake in the company.
