
Mercury General (MCY) reported earnings 30 days ago. What's next for the stock?
Mercury General Corporation engages in underwriting personal auto insurance in the United States. The company is headquartered in Los Angeles, California.
| Revenue (TTM) | $6.34B |
| Gross Profit (TTM) | $1.70B |
| EBITDA | $1.27B |
| Operating Margin | 19.90% |
| Return on Equity | 39.00% |
| Return on Assets | 7.57% |
| Revenue/Share (TTM) | $114.46 |
| Book Value | $51.20 |
| Price-to-Book | 2.07 |
| Price-to-Sales (TTM) | 0.93 |
| EV/Revenue | 0.81 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 58.30% |
| Quarterly Revenue Growth (YoY) | 13.80% |
| Shares Outstanding | $55.39M |
| Float | $46.12M |
| % Insiders | 52.03% |
| % Institutions | 48.12% |
Volatility is currently expanding

Mercury General (MCY) reported earnings 30 days ago. What's next for the stock?

HRTG, MCY and OPHC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 31, 2026.

MCY, LEG and HMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 27th, 2026.

Mercury honors the legacy of its founder and longtime Chairman while reaffirming the continuity of the Joseph family ownership, the Company's leadership and its commitment to customers, agents, employees, and shareholders. LOS ANGELES, Aug. 26, 2026 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) (the "Company") today announced the passing of George Joseph, the Company's founder and longtime Chairman.

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.

MCY, ASMB, ONTO, BSET and UNH have been added to the Zacks Rank #1 (Strong Buy) List on August 21st, 2026.

MCY, SMCI and UNH made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 21st, 2026.

MCY delivered another strong quarter, with an 89.9% Q2 combined ratio and an 89.6% result for H1 2026. I now estimate a sustainable combined ratio around 93–96%, recognizing stronger fundamentals without assuming recent sub-90% margins persist through the cycle. At $105, my FY2026 scenarios imply roughly 7.2x-8.3x earnings, leaving a meaningful discount to industry multiples and supporting my Buy rating.

KUBTY and MCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 19, 2026.

Mercury General Corporation offers an attractive risk/reward due to strengthening underwriting results and a still low valuation. The company's Q2 combined ratio fell to 89.9%, reflecting improved profitability and successful premium increases, especially in California. The stock trades at a discounted 6.3x GAAP P/E and 9.1x forward P/E, despite a high ROE of 38.89%.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on MCY and any ticker you trade — then tracks every position and per-strategy win rate.