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Mercury General Corp (MCY.N)

MCY.N on New York Stock Exchange

45.70USD
16 Feb 2018
Change (% chg)

$0.41 (+0.91%)
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Latest Key Developments (Source: Significant Developments)

Mercury General reports Q3 earnings per share of $0.84‍​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Mercury General Corp :Mercury General Corporation announces third quarter results and increases quarterly dividend.Mercury General Corp - qtrly earnings per share $0.84‍​.Mercury General Corp - qtrly ‍net premiums earned $801.2 million versus $790.9 million​.Mercury General Corp - qtrly ‍net premiums written $827.4 million versus $808.4 million​.Mercury General Corp - qtrly ‍combined ratio 99.3 percent versus 98.1 percent​.Mercury General Corp - qtrly ‍total revenues $858.4 million versus $808.2 million.Mercury General- sees gross loss from wildfires of $60 million-$100 million and net loss,after benefit of reinsurance, of $10 million, plus reinstatement premiums.  Full Article

Mercury general qtrly net income per diluted share $0.88
Monday, 1 Aug 2016 

Mercury General Corp : Mercury General Corporation announces second quarter results and declares quarterly dividend . Qtrly net income per diluted share $ 0.88 . Qtrly net premiums earned $779.3 million . Q2 earnings per share view $0.59, revenue view $811.1 million -- Thomson Reuters I/B/E/S . Qtrly operating earnings per share $0.35 . Qtrly total revenues $858.0 million versus $726.2 million .Qtrly combined ratio 101.7%.  Full Article

Mercury General Corp reports qtrly earnings per share of $0.42; Says a workforce reduction - Reuters News
Tuesday, 3 May 2016 

Mercury General Corp:Mercury general corporation announces first quarter results and declares quarterly dividend.Says expects to record a charge, in q2 of 2016, of approximately $2 million.Qtrly net premiums written $797.7 million versus $740.5 million.Q1 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Has been unable to profitably grow its business in michigan and pennsylvania.Says a workforce reduction of approximately 100 employees on april 29 , 2016.Says restructured its claims operations in states outside of california.Says affected employees were located primarily in company's new jersey and florida branch offices.Says to realize estimated annual pre-tax savings of approximately $7 million.  Full Article

Mercury General Corp declares quarterly dividend
Monday, 2 May 2016 

Mercury General Corp:Declared a quarterly dividend of $0.62 per share.Dividend will be paid on June 30, 2016 to shareholders of record on June 16, 2016.  Full Article

BRIEF-Mercury General Corporation Announces Fourth Quarter 2017 Results

* MERCURY GENERAL CORPORATION ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS AND DECLARES QUARTERLY DIVIDEND