Thu, May 23, 2013, 4:57 AM EDT - U.S. Markets open in 4 hrs 33 mins
With earnings estimats for 03 at 3.11 and sales growth at 19% a p/e of 14 seams low.Is selling in NJ a bad thing price of stock has been sliding.
The slide is a mystery. The only change at MCY that will have impact in the near future is the 6.9% rate increase approved in California this June, which should compound the improving earnings.
How will the Californai fires impact earnings...Mercury is a huge home insurer in California.They even insure me.