Mercury General Corporation Announces First Quarter Results and Declares Quarterly Dividend
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May 3, 2016 7:09 AM EDT
Compass Point reiterated a Neutral rating on Mercury General (NYSE: MCY), and raised the price target to $55.00 (from $50.00), following the company's 1Q earnings report. MCY reported operating EPS of $0.13 versus the consensus of $0.67. The company announced its quarterly dividend of $0.62, which is in line with prior quarters. The dividend payout ratio has exceeded 100% in three of the past four years... More
May 2, 2016 8:35 AM EDT
Mercury General (NYSE: MCY) reported Q1 EPS of $0.48, $0.19 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $797.67 million versus the consensus estimate of $794.64 million.
For earnings history and earnings-related data on Mercury General (MCY) click here.
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