Mercury General Corporation (MCY)

In the past six months, Mercury General Corp. stock has experienced notable movements. As of September 29, 2025, the share price was $83.04, a 31.85% increase from September 30, 2024. On February 12, 2025, the stock surged over 20% after commentary regarding its wildfire loss impact. In Q4 2024, Mercury General reported a combined ratio of 91.4% and 16.1% top-line growth. On February 11, 2025, the stock jumped 16% in after-hours trading following a Q4 earnings and revenue beat. The company also reported strong Q1 2025 results, with revenues of $1.39 billion, up 9.4% year-on-year. As of March 31, 2025, the company had paid approximately $1.076 billion for claims related to the January 2025 Southern California wildfires.

The demand seasonality for Mercury General Corp.'s products and services is not explicitly detailed in the provided search results. However, demand for certain products like homeowners insurance can be influenced by seasonal weather patterns, such as hurricane or wildfire seasons. The property & casualty insurance industry is cyclical, with performance influenced by economic conditions, policy regulations, and claims trends.

Mercury General Corporation is an insurance holding company focused on personal automobile insurance in the United States. It operates in the Property & Casualty Insurance industry, offering a range of insurance products, including personal automobile and homeowners insurance. The company distributes its policies through independent agents, insurance agencies, and direct internet sales.

Mercury General Corporation operates in multiple states across the United States, including Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia, with a significant presence in California. The company maintains branch offices in several U.S. locations and also has a presence in Shanghai, China.

In the past year, Mercury General has engaged in public relations and community-focused initiatives, contributing to its brand reputation. Mercury Insurance has emphasized cybersecurity best practices and urged homeowners to be vigilant against insurance scams. The company also partnered with the Anaheim Ducks to launch the "Hall of Heroes" and celebrated the return of "Hockeywood" with the LA Kings. Additionally, Mercury Insurance has provided advice to homeowners on creating fire evacuation plans and strategies for fall weather.

Mercury General Corporation has a diverse ownership structure, with individuals holding 52.03% and institutional investors holding 41.57% of the shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, Rubric Capital Management LP, iShares Core S&P Small-Cap ETF (IJR), State Street Corp, and Renaissance Technologies Llc. The company's founder, George Joseph, and his family own 35.3% of the company.