MCY
Mercury General Corporation
MCY's fundamentals are strong and it looks cheap: trading at 7.4x earnings, below its usual 10x. Analysts expect earnings to hold roughly steady.
MCY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
MCY's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like MCY.
MCY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.4x | $74.50 | -14% |
| Current | 7.4x | $86.41 | — |
| Forward | 7.6x | $86.41 | — |
| Fair | 10x | $119 | +37% |
| Expensive | 13x | $152 | +76% |
Historical ranges are pointers, not guarantees.
MCY's PE is in its fair range at 7.4x. On analysts' estimates for next year's earnings, today's price would be 7.6x.
MCY Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect MCY's revenue to grow, but its profitability to weaken.
MCY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.41 | -1.7% |
| Q3 2026 | $11.61 | +46% |
| Q2 2026 | $16.92 | +140% |
| Q1 2026 | $15.17 | +194% |
| Q4 2025 | $9.77 | +16% |
| Q3 2025 | $7.93 | -21% |
| Q2 2025 | $7.04 | +22% |
| Q1 2025 | $5.16 | +33% |
| Q4 2024 | $8.45 | +386% |
MCY earned $11.61 per share over the past year, up 46% from the year before.
MCY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | -13% |
| Q2 2026 | $1.7B | +14% |
| Q1 2026 | $1.5B | +10% |
| Q4 2025 | $1.5B | +12% |
| Q3 2025 | $1.6B | +3.6% |
| Q2 2025 | $1.5B | +13% |
| Q1 2025 | $1.4B | +9.4% |
| Q4 2024 | $1.4B | -0.6% |
MCY's revenue is growing: $1.4B last quarter, down 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1.7% | -24 points |
| Q2 2026 | 19% | +5.5 points |
| Q1 2026 | 15% | +26 points |
| Q4 2025 | 16% | +7.2 points |
| Q3 2025 | 22% | +3.3 points |
| Q2 2025 | 14% | +8.2 points |
| Q1 2025 | -10% | -17 points |
| Q4 2024 | 9% | -8.3 points |
MCY's operating margin was −1.7% last quarter, down 24 points from the same quarter a year ago.
MCY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $372.6M | -22% |
| Q2 2026 | $201.6M | -44% |
| Q1 2026 | $308.8M | +$390.7M |
| Q4 2025 | $273.9M | +16% |
| Q3 2025 | $479.5M | +57% |
| Q2 2025 | $357.2M | +34% |
| Q1 2025 | -$81.9M | -145% |
| Q4 2024 | $236M | +9.5% |
MCY's free cash flow was $1.2B over the past year, up 17% from the year before. Free cash flow isn't a meaningful measure for financial services companies like MCY.
MCY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | +18K shares |
| 5 years | 0% | +14K shares |
| Available history | +0.1% | +29K shares |
MCY has 55M diluted shares, about the same as a year ago.
MCY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.1x | Net Cash |
| Q1 2025 | -3.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
MCY has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like MCY.
MCY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.0 | Neutral |
| Stochastic | 19.1 | Oversold |
MCY's weekly RSI is 34 (neutral) and its Stochastic is 19 (oversold).
MCY PE vs Financial Services Sector
| Metric | MCY | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 13x | 43% below |
| PE % | 32 | 63 | 31 pts below |
MCY is trading at 7.4x earnings, a 43% discount to the Financial Services sector's median of 13x.
MCY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.7 | 12% below |
| 20 week MA | $102.7 | 16% below |
| 50 week MA | $97.3 | 11% below |
| 100 week MA | $81.9 | 5.5% above |
| 200 week MA | $63.2 | 37% above |
MCY has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 37% above its 200-week average.
MCY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $48.6 | $51.8 | +6.6% |
| 2021 | $51.8 | $51.2 | -1.2% |
| 2022 | $51.2 | $33.5 | -35% |
| 2023 | $33.5 | $37.3 | +12% |
| 2024 | $37.3 | $67.0 | +80% |
| 2025 | $67.0 | $94.0 | +40% |
| 2026 YTD | $94.0 | $86.4 | -8% |
MCY has finished higher in four of the last six years. It's down 8% so far in 2026.