MCY Outperforms Industry, Trades at Premium: How to Play the Stock

Key Takeaways MCY's top line witnessed a 7.6% CAGR from 2020-2024, backed by higher net premiums earned and other revenues. Net investment income has surged with a 15.7% CAGR over the past five years. MCY's net premiums written are driven by rate increases and rising policy counts in California auto.Shares of Mercury General Corporation (MCY) have gained 27% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 19.8%, 20.4% and 11.7%, respectively. Me ...