Buy This A.I. Stock Before Elon's "A.I. Day" on May 16
Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.
Financials
| Curr Year EPS Estimate | 3.85 |
| Profit Margin | 0.10 |
| Return on Assets | 0.05 |
| Return on Equity | 0.20 |
| Revenue | 3,784,510,976 |
| Earnings Per Share | 6.77 |
| Revenue Per Share | 68.36 |
| Gross Profit | 799,380,000 |
| Quarterly Revenue Growth | 0.09 |
General
| Name | Mercury General Corporation |
| Ticker | MCY |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Insurance-Property & Casualty |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 4,300 |
About Mercury General Corporation
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The company's automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products comprise dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, insurance agencies, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.
Dividend
Mercury General Corporation pays out a dividend of $2.52 per share, with a dividend yield of 2.29%.
MCY's last dividend payment was made to shareholders on March 31, 2021.
They pay out 45.60% of their earnings out as a dividend.
Recent Dividends
| Mar 27, 2024 | $0.32 |
| Dec 28, 2023 | $0.32 |
| Sep 28, 2023 | $0.32 |
| Jun 29, 2023 | $0.32 |
| Mar 29, 2023 | $0.32 |
| Dec 29, 2022 | $0.32 |
| Sep 29, 2022 | $0.32 |
| Jun 30, 2022 | $0.64 |
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