RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Mercury General Stock

Mercury General ROE 2024

Mercury General ROE

0.06

Ticker

MCY

ISIN

US5894001008

WKN

870346

In 2024, Mercury General's return on equity (ROE) was 0.06, a -118.47% increase from the -0.34 ROE in the previous year.

Mercury General Aktienanalyse

What does Mercury General do?

The Mercury General Corp is an American insurer founded in 1961. The company's headquarters is located in Los Angeles, California. The company offers car insurance for private customers as well as commercial insurance for businesses. Mercury General Corp serves over one million customers and is present in 11 states. The history of Mercury General Corp began in the 1960s when George Joseph founded the company. Initially, the company only offered car insurance, but quickly expanded its offerings to include other areas such as homeowners and personal property insurance. An important element of Mercury General Corp's business model is its focus on the "Direct to Consumer" distribution model. This means that the company sells its products directly to the customer and does not use intermediaries. This allows the company to keep costs low and offer competitive prices. Mercury General Corp's insurance offerings are divided into various categories. The main products are car insurance, with different coverage options such as liability, comprehensive, and collision offered. Additionally, the company offers personal property insurance to cover the contents of residential buildings. Commercial insurance is also offered, tailored to the needs of small and medium-sized businesses. Another important division of Mercury General Corp is its specialized car insurance, which is focused on specific niche markets. One example is insurance for vintage vehicles, which requires special requirements. The company also offers insurance for young drivers, with higher premiums demanded due to the higher risk. Over the years, Mercury General Corp has received several awards that underline the company's commitment to excellent customer service and high-quality insurance products. For example, the company was named the best car insurer in California by the J.D. Power & Associates Customer Satisfaction Index in 2012. Overall, Mercury General Corp has established itself as a reliable insurer that offers a wide range of products at competitive prices. With its focus on direct sales, the company is well positioned to continue its success in the future. Mercury General ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Mercury General's Return on Equity (ROE)

Mercury General's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Mercury General's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Mercury General's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Mercury General’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Mercury General stock

What is the ROE (Return on Equity) of Mercury General this year?

The ROE of Mercury General this year is 0.06 undefined.

How has the Return on Equity (ROE) of Mercury General developed compared to the previous year?

The ROE of Mercury General has increased by -118.47% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Mercury General?

A high ROE indicates that Mercury General generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Mercury General?

A low ROE can indicate that Mercury General is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Mercury General affect the company?

A change in ROE (Return on Equity) of Mercury General can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Mercury General?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Mercury General?

Some factors that can influence Mercury General's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Mercury General pay?

Over the past 12 months, Mercury General paid a dividend of 1.27 USD . This corresponds to a dividend yield of about 1.99 %. For the coming 12 months, Mercury General is expected to pay a dividend of 1.05 USD.

What is the dividend yield of Mercury General?

The current dividend yield of Mercury General is 1.99 %.

When does Mercury General pay dividends?

Mercury General pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Mercury General?

Mercury General paid dividends every year for the past 40 years.

What is the dividend of Mercury General?

For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 1.65 %.

In which sector is Mercury General located?

Mercury General is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Mercury General kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mercury General from 9/26/2024 amounting to 0.318 USD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.

When did Mercury General pay the last dividend?

The last dividend was paid out on 9/26/2024.

What was the dividend of Mercury General in the year 2023?

In the year 2023, Mercury General distributed 1.905 USD as dividends.

In which currency does Mercury General pay out the dividend?

The dividends of Mercury General are distributed in USD.

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Andere Kennzahlen von Mercury General

Our stock analysis for Mercury General Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mercury General Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.