MCY

Mercury General's premium growth, strong property and casualty performance and rising investment income support its expansion.

New enhanced homeowners insurance product offers an estimated average savings of $420 for hail-resistant roofing, an option to upgrade to a stronger roof after a covered loss,  and  new wildfire mitigation discounts LOS ANGELES, Aug. 11, 2026 /PRNewswire/ --  Mercury Insurance (NYSE: MCY ) has launched a new enhanced homeowners insurance product that gives Oklahoma homeowners more ways to lower their insurance costs, strengthen their properties against severe weather, and choose coverage that better fits their homes. The enhancements can provide qualifying homeowners with: Estimated average savings of $420, or 12.4%, for eligible hail-resistant roofing.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Caterpillar, Mercury General, and Zebra Technologies each posted impressive Q2 results that could warrant a closer look from investors seeking quality additions to their portfolios.

Mercury General's Q2 earnings beat estimates as premium growth, stronger underwriting and higher investment income offset catastrophe losses.

LOS ANGELES, Aug. 4, 2026 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2026: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2026 2025 $ % 2026 2025 $ % (000's except per-share amounts and ratios) Net premiums earned (2) $ 1,497,767 $           1,366,738 $ 131,029 9.6 $           2,950,180 $           2,649,808 $   300,372 11.3 Net premiums written (1) (2)  $ 1,559,045 $           1,480,807 $   78,238 5.3 $           3,109,163 $           2,795,188 $   313,975 11.2 Direct premiums written (1) $ 1,623,583 $           1,484,985 $ 138,598 9.3 $           3,196,324 $           2,930,428 $   265,896 9.1 Net realized investment gains, net of tax (3) $      68,344 $                18,549 $   49,795 268.5 $                64,756 $                36,973 $     27,783 75.1 Net income $    263,502 $              166,472 $   97,030 58.3 $              453,922 $                58,145 $   395,777 680.7 Net income per diluted share $          4.76 $                    3.01 $       1.75 58.1 $                    8.20 $                    1.05 $         7.15 681.0 Operating income (1) $    195,158 $              147,923 $   47,235 31.9 $              389,166 $                21,172 $   367,994 1,738.1 Operating income per diluted share (1) $          3.52 $                    2.67 $       0.85 31.8 $                    7.03 $                    0.38 $         6.65 1,750.0 Catastrophe losses net of reinsurance (4) $      75,000 $                13,000 $   62,000 476.9 $              168,000 $              460,000 $  (292,000) (63.5) Combined ratio (5) 89.9 % 92.5 % — (2.6) pts 89.6 % 105.4 % — (15.8) pts (1) These measures are not based on U.S. generally accepted accounting principles ("GAAP"), are defined in "Information Regarding GAAP and Non-GAAP Measures" and are reconciled to the most directly comparable GAAP measures in "Supplemental Schedules." (2) Net premiums earned for the three months ended June 30, 2025 includes $51 million of ceded premiums earned related to reinstatement premiums.

Volkswagen Golf R tops Mercury's inaugural ranking of insurance-friendly passenger cars LOS ANGELES, Aug. 4, 2026 /PRNewswire/ -- Mercury Insurance (NYSE/NYSE TX: MCY) SUVs may dominate today's headlines, but 2/4 door sedans and coupes continue to deliver outstanding value for commuters, first-time buyers and drivers looking to keep ownership costs under control. Mercury Insurance today introduced its first-ever ranking of the 10 most affordable new 2026 model year sedans and coupes to insure.

MCY's Q2 results are likely to benefit from premium growth and higher investment income despite elevated catastrophe losses and rising expenses.

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Mercury General (MCY) possesses solid growth attributes, which could help it handily outperform the market.