MCY / Mercury General: The Disgraced King

LOS ANGELES , Oct. 10, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, October 31 more_horizontal

Mercury General Corporation's share price has dropped nearly 25% in the last 12 months due to lackluster results and a poor margin profile. The compan more_horizontal

Mercury General (MCY) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to loss more_horizontal

LOS ANGELES , July 11, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, August 1, more_horizontal

Mercury General lost its dividend aristocrat status in 2022 when the company cut its dividend by half. Since then, the insurer has struggled with dete more_horizontal

LOS ANGELES , April 18, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 2, 20 more_horizontal

While 2022 represented the year that saw inflation spike higher, the subsequent monetary tightening actions by the Federal Reserve cooled demand for t more_horizontal

Mercury General (MCY) delivered earnings and revenue surprises of -137.70% and 0.12%, respectively, for the quarter ended December 2022. Do the number more_horizontal