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Mercury General Corp MCY Stock Quote

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NYSE:MCY

Morningstar‘s Stock Analysis MCY

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Key Statistics MCY

Company Profile MCY

Business Description

Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman and majority owner. Its insurance is distributed exclusively through independent agents.

Contact
4484 Wilshire Boulevard
Los Angeles, CA, 90010
T +1 323 937-1060
Industry Insurance - Property & Casualty
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 4,300