Mercury General Corporation

NYSE:MCY Stock Report

Market Cap: US$3.8b

Mercury General Management

Management criteria checks 4/4

Mercury General's CEO is Gabe Tirador, appointed in Jan 2007, has a tenure of 17.92 years. total yearly compensation is $1.70M, comprised of 71.9% salary and 28.1% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth $157.83K. The average tenure of the management team and the board of directors is 9.8 years and 7.8 years respectively.

Key information

Gabe Tirador

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage71.9%
CEO tenure17.9yrs
CEO ownership0.004%
Management average tenure9.8yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Mercury General: Turning Lead Into Gold

Oct 31

It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)

Oct 10
It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)

Mercury General: Very Cheap, And Expert Of Maximizing After-Tax Yield

Sep 20

Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Jun 07
Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Mar 07
Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely

Investors Holding Back On Mercury General Corporation (NYSE:MCY)

Jan 06
Investors Holding Back On Mercury General Corporation (NYSE:MCY)

Mercury General: From A Pariah To A Potential Candidate For Recovery

Nov 16

Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175

Nov 04
Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175

Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175

Aug 29
Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175

Mercury General: Struggling Against Ongoing Headwinds

Aug 08

Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175

Aug 05
Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175

Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M

Feb 14

Mercury General GAAP EPS of -$3.80, revenue of $785.6M

Aug 02

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

May 07
Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Feb 19
Mercury General's (NYSE:MCY) Dividend Will Be US$0.64

Mercury General: Always No, Forever No

Jan 03

With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting

Dec 31
With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting

Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64

Nov 06
Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64

CEO Compensation Analysis

How has Gabe Tirador's remuneration changed compared to Mercury General's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$558m

Jun 30 2024n/an/a

US$319m

Mar 31 2024n/an/a

US$215m

Dec 31 2023US$2mUS$1m

US$96m

Sep 30 2023n/an/a

-US$102m

Jun 30 2023n/an/a

-US$192m

Mar 31 2023n/an/a

-US$361m

Dec 31 2022US$1mUS$1m

-US$513m

Sep 30 2022n/an/a

-US$475m

Jun 30 2022n/an/a

-US$376m

Mar 31 2022n/an/a

-US$56m

Dec 31 2021US$2mUS$1m

US$248m

Sep 30 2021n/an/a

US$384m

Jun 30 2021n/an/a

US$502m

Mar 31 2021n/an/a

US$621m

Dec 31 2020US$3mUS$1m

US$375m

Sep 30 2020n/an/a

US$240m

Jun 30 2020n/an/a

US$190m

Mar 31 2020n/an/a

US$45m

Dec 31 2019US$2mUS$1m

US$320m

Sep 30 2019n/an/a

US$207m

Jun 30 2019n/an/a

US$196m

Mar 31 2019n/an/a

US$173m

Dec 31 2018US$2mUS$1m

-US$6m

Sep 30 2018n/an/a

US$96m

Jun 30 2018n/an/a

US$84m

Mar 31 2018n/an/a

US$75m

Dec 31 2017US$1mUS$975k

US$145m

Compensation vs Market: Gabe's total compensation ($USD1.70M) is below average for companies of similar size in the US market ($USD6.67M).

Compensation vs Earnings: Gabe's compensation has been consistent with company performance over the past year.

CEO

Gabe Tirador (59 yo)

17.9yrs

Tenure

US$1,698,348

Compensation

Mr. Gabriel Tirador, also known as Gabe, is CEO & Director of Mercury General Corporation from January 01, 2024. He was President, CEO & Director of Mercury General Corporation from January 2007 to January...

Leadership Team

NamePositionTenureCompensationOwnership
George Joseph
Executive Chairman of the Board63.9yrsUS$1.63m35.34%
$ 1.3b
Gabriel Tirador
CEO & Director17.9yrsUS$1.70m0.0042%
$ 157.8k
Theodore Stalick
Senior VP & CFO23.2yrsUS$1.06m0.010%
$ 388.9k
Christopher Graves
VP & Chief Investment Officer26.9yrsUS$871.55k0.012%
$ 467.1k
Wilson Pang
VP & Chief Technology Officer1.8yrsUS$1.11mno data
Victor Joseph
President2.9yrsUS$523.54k0.000060%
$ 2.3k
Brandt Minnich
VP & Chief Sales Development Officerno datano datano data
Erik Thompson
VP & Chief Marketing Officerno datano datano data
Heidi Sullivan
VP & Chief Human Capital Officerno datano data0%
$ 0
Randall Petro
VP & Chief Claims Officer9.8yrsno datano data
Jeffrey Schroeder
VP & Chief Product Officerno dataUS$605.69kno data
Kelly Butler
VP & Chief Underwriting Officer2.9yrsno datano data

9.8yrs

Average Tenure

56yo

Average Age

Experienced Management: MCY's management team is seasoned and experienced (9.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
George Joseph
Executive Chairman of the Board63.9yrsUS$1.63m35.34%
$ 1.3b
Gabriel Tirador
CEO & Director21.9yrsUS$1.70m0.0042%
$ 157.8k
Victor Joseph
Presidentless than a yearUS$523.54k0.000060%
$ 2.3k
James Ellis
Independent Director10.8yrsUS$75.10kno data
Joshua Little
Independent Director7.8yrsUS$87.00k0.0059%
$ 221.6k
Martha Marcon
Lead Independent Director16.3yrsUS$122.60kno data
Ramona Cappello
Independent Director6.2yrsUS$83.70kno data
George Braunegg
Independent Director6.2yrsUS$96.90k0.0045%
$ 170.7k
Wai Joseph
Independent Director3.2yrsUS$60.00k0.011%
$ 404.0k

7.8yrs

Average Tenure

66yo

Average Age

Experienced Board: MCY's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercury General Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alison JacobowitzBofA Global Research
Kenneth BillingsleyCompass Point Research & Trading, LLC
Charles GatesCredit Suisse