How to Buy Mercury General Stock
Mercury General Corp
Mercury General is a property & casualty insurance company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker MCY on the NYSE exchange.
Mercury General stock last closed at $52.36, down 2.69% from the previous day, and has decreased 5.37% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.15 percentage points. Mercury General stock is currently +18.49% from its 52-week low of $44.19, and -35.13% from its 52-week high of $80.72.
There are currently 55.39M shares of MCY outstanding. The market capitalization of MCY is $2.90B. In the last 24 hours, 199,440 MCY shares were traded.
How to Buy Mercury General Stock
Wondering how to invest in Mercury General stock? Here's how.
- Figure out where to buy Mercury General stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Mercury General stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Mercury General stock: The Mercury General ticker symbol is MCY. Is Mercury General stock a good investment? Should you buy shares of MCY? How do MCY's underlying business fundamentals look? Do top analysts think Mercury General is a good buy? Why has MCY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if MCY is a good stock to buy).
- Place your MCY purchase: Decide if you will purchase MCY shares at the current market price or use a limit order to purchase MCY stock at a specific price.
- Get key alerts regarding your investment in MCY: Create a watchlist to track your investment in Mercury General shares.
Step 1: Figure out where to buy Mercury General stock
You need an online brokerage account in order to access the NYSE market and buy MCY shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Healthcare, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you can buy MCY stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on our top ranked stock market app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Research Mercury General stock
After you have figured out the best place to buy Mercury General stock, it's crucial to analyze their stock before you buy, so you actually comprehend the risk and opportunity.
Mercury General stock at a glance
Mercury General Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MCY's stock page.
Is MCY stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge MCY's true value.
Using relative valuations measures:
- MCY may be undervalued based on its P/E ratio of 6.2x, relative to Insurance - Property & Casualty industry P/E ratio of 14.95x
- MCY could be undervalued based on its P/B ratio of 1.49x, relative to Insurance - Property & Casualty industry P/B ratio of 2.26x
- MCY could be overvalued based on its PEG ratio of 1.08x
You can access more valuation research on MCY's stock here.
MCY Financials at a glance
Positive Financial Indicators:
- MCY profit margin has gone up from 2.1% to 8.5% in the past year.
- MCY earnings of $605.70M is not sufficient to cover its interest payments.
- MCY's operating cash flow of $1.04B allows it to safely service it's debt of $587.71M.
Negative Financial Indicators:
- Total MCY debt is higher than 5 years ago, relative to shareholder equity.
- MCY has a relatively high debt to equity ratio of 3.27.
Is it a good time to buy MCY stock, according to analysts?
Out of 1 sell side analysts who give ratings on MCY, the consensus analyst rating on Mercury General is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Mercury General stock forecast page.
MCY Technicals
MCY Growth Numbers
Last year, MCY earnings were $467.95M. In the past five year, MCY's earnings have increased by 7.89% per year. This was slower than the Insurance - Property & Casualty industry average of 14.24%.
Last year, MCY revenue was $5.48B. During the past 5 year, MCY's revenue has gone up by 6.63% per year. This was slower than the Insurance - Property & Casualty industry average of 11.66%.
Learn more about MCY's earnings and revenue performance here.
Are MCY executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at MCY have sold more shares than they have bought.
Mark Allan Ribisi, President of AIS subsidiary of MCY, was the latest MCY insider to buy. They bought $3,559.27 worth of MCY shares on Jan 7, 2025.
Get more info about who owns MCY stock here.
Can I get consistent income from MCY stock?
Mercury General pays a dividend of 2.43%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.58%. If you owned $1,000 of MCY stock, you would have been paid $24.30 in the past year.
Mercury General dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Mercury General dividend yield and history here.
What others are saying about MCY
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your MCY purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in MCY
Now that you own some MCY shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to track your MCY stock.
MCY Feed
How to Buy Stock in Mercury General
To reiterate, here are the 6 steps for buying Mercury General stock:
- Figure out where to buy Mercury General stock
- Open your brokerage account
- Deposit money your investment account
- Research Mercury General stock
- Place your MCY purchase
- Get key alerts regarding your investment in MCY
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Mercury General, click below.
Other Articles You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.