Mercury General (NYSE: MCY ) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM. Here''s what investors need to know about the announcement. Earnings Mercury General missed estimated earnings by 537.5%, reporting an EPS of $-0.35 versus an … Full story available on Benzinga.com
_ Mercury General Corp. on Tuesday reported a second-quarter loss of $210.7 million, after reporting a profit in the same period a year earlier. The Los Angeles- based company said it had a loss of $3.80 per share. This story was generated by Automated Insights using data from Zacks Investment Research.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. These forward-looking statements involve significant risks and uncertainties and are subject to change based upon various factors, including but not limited to the following risks and uncertainties: changes in the demand for the…
Mercury General (MCY) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, after market close.The consensus EPS Estimate is -$0.33 (-129.2% Y/Y) and the consensus…
LOS ANGELES, July 20, 2022 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, August 2, 2022, the Company will issue an earnings press release reporting its results for the second quarter of 2022, and will also file its…
Investing isn’t for the faint of heart at this time, with inflation rates near 40-year highs and the Federal Reserve raising interest rates aggressively. The U.S. is on the verge of a recession, while the S&P 500 entered bear market territory recently. Investors are re-evaluating their strategies and looking to avoid selling stocks in a recession. A recession relates to an economic slowdown, with a significant fall in consumer spending. Typically, a slowdown in economic activities could potentially last for several quarters. It is a well-known aspect of the economic cycle followed by a growth phase, which every investor is yearning for at this point. Stock prices have fallen off a cliff and the recent pullback in prices has resulted in bargains. However, not every stock is worth investing in on the dip. 7 Best Small-Cap Growth Stocks to Buy Now Here are seven stocks to sell in a recession: Ticker Company Price AAL American Airlines Group Inc. $15.08 JBLU JetBlue Airways Corporation $8.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
Tech stocks have faced significant challenges so far in the first half of 2022. Investors have moved away from many growth names in the sector. So far in 2022, a confluence of macroeconomic and geopolitical concerns have meant challenges for Wall Street. As T. Rowe Price (NASDAQ: TROW ) recently reported , “The Federal Reserve’s most aggressive rate hike since 1994 raised recession fears… The S&P 500 index recorded its worst weekly decline since March 2020 and entered a bear market, ending the week nearly 24% below its January peak.” In addition, the tech-heavy Nasdaq composite has fallen around 20% since the beginning of the year. 7 Retirement Stocks to Buy in Unexpected Sectors Despite the recent downturn, technology remains in integral part of modern life. If history is any guide, it is likely that the strong companies sector will rebound in the coming months. With that information, here are seven tech stocks to buy and hold in June. Ticker Company Current Price AKAM Akamai Technologies, Inc. $91.87 APP AppLovin Corporation $38.14 EA Electronic Arts Inc. $128.96 TREE LendingTree, Inc. $54.87 MPWR Monolithic Power Systems, Inc. $399.65 OPEN Opendoor Technologies Inc. $5,38 OTEX Open Text Corporation $38.40 Tech Stocks: Akamai Technologies (AKAM) Source: Ken Wolter / Shutterstock.com During the pandemic, the content delivery network specialist Akamai Technologies (NASDAQ: AKAM ) has been a darling on Wall Street during.
The introduction of gamification will be one of the key trends in the E-learning market in GCC countries during 2021-2025 NEW YORK , June 7, 2022 /PRNewswire/ -- E-learning is a suitable alternative to conventional classroom training. E-learning programs for academics use electronic resources to impart skills and knowledge remotely to students in schools and institutes of higher education. In this report, Technavio defines 2020 as the base year and 2021-2025 as the forecast period. The size of the e-learning market in GCC countries is anticipated to grow by USD 569.04 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 10.66% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum. Find additional market insights by Technavio to help your organization foster innovation and make effective decisions. View our Exclusive Sample Report What are the Some of the Topics Covered in this Report?
_ Mercury General Corp. on Tuesday reported a first-quarter loss of $196.9 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Los Angeles- based company said it had a loss of $3.56. This story was generated by Automated Insights using data from Zacks Investment Research. The post Mercury General: Q1 Earnings Snapshot appeared first on InsuranceNewsNet .
Mercury General (MCY): Q1 Non-GAAP EPS of -$0.77, compared to +$1.34 in Q1 2021.Revenue of $805.46M, compared to $993.1M in Q1 2021.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. These forward-looking statements involve significant risks and uncertainties and are subject to change based upon various factors, including but not limited to the following risks and uncertainties: changes in the demand for the… The post MERCURY GENERAL CORP – 10-Q – Management''s Discussion and Analysis of Financial Condition and Results of Operations appeared first on InsuranceNewsNet .
LOS ANGELES, July 6, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, August 3, 2021, the Company will issue an earnings press release reporting its results for the
Mercury General is lowering rates in New Jersey and Georgia, building on earlier reductions outside of its home and largest market, California. In New Jersey, homeowners cuts
Trustpower plans to sell its retail business to rival power company Mercury for $441 million.
Trustpower is selling of its telecommunications, gas and retail electricity supply business to Mercury NZ in a conditional transaction valued at $441 million.
New Zealand shares rose on Monday as heavyweight electricity companies clocked strong gains, with investors awaiting the Federal Reserve meeting due later in the week for clues on US monetary policy. The NZX 50 index rose 0.2% to 12,573.4 points in thin trade, with about 1 million shares changing hands compared with the 30-day average of 32 million, as Australian markets were closed for the Queen''s Birthday holiday. Energy retailer Mercury NZ Ltd led gains on the , up 1.7% to eye its biggest one-day jump in nearly two weeks, while peer Meridian Energy Ltd climbed 0.8% after posting a 23.4% rise in its May New Zealand retail sales volumes.
CWM Advisors LLC boosted its position in shares of Mercury General Co. (NYSE:MCY) by 71.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,704 shares of the insurance providers stock after acquiring an additional 3,620 shares during the quarter. CWM Advisors LLCs holdings []
Mercury General Corp. (MCY) shares closed today at 1.5% below its 52 week high of $67.88, giving the company a market cap of $3B. The stock is currently up 25.9% year-to-date, up 85.3% over the past 12 months, and up 57.7% over the past five years. This week, the Dow Jones Industrial Average fell 1.8%, and the S&P 500 fell 2.5%. Trading Activity Trading volume this week was 22.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -5089.4% The company's stock price performance over the past 12 months beats the peer average by 503.1% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -51.6% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Mercury General Corp. shares closed today at 0.5% below its 52 week high of $65.45, giving the company a market cap of $3B. The stock is currently up 25.9% year-to-date, up 66.5% over the past 12 months, and up 54.2% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 41.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -2308.6% The company's stock price performance over the past 12 months beats the peer average by 980.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -21.1% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Mercury General Corporation shares closed today at 0.4% below its 52 week high of $64.41, giving the company a market cap of $3B. The stock is currently up 22.8% year-to-date, up 53.2% over the past 12 months, and up 51.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 fell 2.0%. Trading Activity Trading volume this week was 38.5% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 437.1% The company's stock price performance over the past 12 months beats the peer average by 443.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -22.6% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Mercury General Corporation shares closed 2.8% higher than its previous 52 week high, giving the company a market cap of $3B. The stock is currently up 10.2% year-to-date, up 20.8% over the past 12 months, and up 38.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 fell 0.7%. Trading Activity Trading volume this week was 23.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 278.9% The company's stock price performance over the past 12 months beats the peer average by -4591.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -37.5% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Mercury General Corporation shares closed today at 0.3% below its 52 week high of $57.72, giving the company a market cap of $3B. The stock is currently up 10.2% year-to-date, up 18.5% over the past 12 months, and up 38.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 fell 0.7%. Trading Activity Trading volume this week was 6.5% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 278.9% The company's stock price performance over the past 12 months beats the peer average by -1060.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -37.5% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
LOS ANGELES, Feb. 16, 2021 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2020 results: Consolidated Highlights Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2020 2019 $ % 2020 2019 $ % (000's except…
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the members of Mercury Casualty Group (Mercury) (headquartered in Los Angeles, CA). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” of the organization’s publicly traded ultimate parent, Mercury General Corporation (MGC) (Los Angeles, CA). In addition, AM Best has affirmed the Long-Term Issue Credit Rating of
This weekend's Barron's cover story makes a case for taking profits on Chinese electric vehicle makers. Other featured articles examine who is hurt if Chinese companies are delisted, an outlook for the markets and money management trends, and lessons from a crazy week in IPOs. Also, the prospects for an auto insurer, two old-school stocks still offering growth and a semiconductor company abandoned by the iPhone maker. " NIO, XPeng, and Li Aren't the Next Tesla. Time to Unplug From Their Shares " by Al Root makes a case that shares of Chinese electric vehicle makers Li Auto Inc. (NASDAQ: LI ), Nio Inc (NYSE: NIO ) and Xpeng Inc (NYSE: XPEV ) are now priced for perfection and taking profits seems prudent. Reshma Kapadia's " Delisting Chinese Companies Could Be Bad for Investors. But It's the Right Thing to Do " suggests that Chinese companies that do not adhere to U.S. audit and accounting standards could be kicked off U.S. exchanges. Does that include Alibaba Group Holding Ltd (NYSE: BABA )?
LOS ANGELES, Nov. 3, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2020: Consolidated Highlights Three Months Ended September 30, Change Nine Months Ended September 30, Change 2020 2019 $ % 2020 2019 $ % (000's except per-share…
Mercury Insurance policyholders who have been impacted by Hurricane Laura can report damages and losses through Mercury's claims hotline at 503-3724. The hurricane strengthened into a Category 4… | August 27, 2020
26 August 2020 - The following materials relating to Mercury's 2020 Annual Shareholders' Meeting are shortly being sent to Mercury Shareholders:. Notice of Meeting… | August 26, 2020
Mercury General Corp. on Monday reported second-quarter earnings of $228.2 million. The Los Angeles-based company said it had net income of $4.12 per share. Earnings, adjusted for investment gains, were $1.86 per share. The auto insurance company posted revenue of …
LOS ANGELES, Aug. 3, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2020: Consolidated Highlights Three Months Ended June 30, Change Six Months Ended June 30, Change 2020 2019 $ % 2020 2019 $ % (000's except per-share amounts and…
QUARTERLY OPERATIONAL UPDATE Three months ended 30 June 2020 >> QUARTERLY HIGHLIGHTS … | July 20, 2020
Mercury Insurance announced today that, in response to the COVID-19 pandemic, the company is extending the time to file a covered Mechanical Protection claim. Customers with contracts set to expire… | July 6, 2020
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.
Mercury General Corp. this week reported a first-quarter loss of $139.2 million, after reporting a profit in the same period a year earlier. The Los Angeles-based company said it had a loss of $2.51 per share. Earnings, adjusted for investment …
Mercury General (MCY) delivered earnings and revenue surprises of 25.88% and -1.36%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
28 April 2020 - March 25, 2020, saw just about every aspect of civic life in New Zealand 'lock down' in the fight against COVID-19. The ripple effects have been huge. For Mercury,… | April 28, 2020
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES, Feb. 10, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2019 results: Consolidated Highlights Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2019 2018 $ % 2019 2018 $ % (000's except…
Mercury General (NYSE:MCY) is scheduled to announce Q4 earnings results on Monday, February 10th, before market open. The consensus EPS Estimate is $0.17 v
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES, Jan. 16, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today its estimated catastrophe losses for the quarter ended December 31, 2019, primarily as a result of the wildfires in California. A series of wildfires occurred in California during the quarter…
LOS ANGELES, Jan. 13, 2020 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, February 10, 2020, the Company will release results for its fourth quarter and twelve-month periods ended December 31, 2019. The Company will host an investor conference call and…
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercury General (MCY) delivered earnings and revenue surprises of -18.68% and -1.14%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MCY earnings call for the period ending March 31, 2019.