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NYSE:MKL

Markel Group (MKL) Stock Price, News & Analysis

Markel Group logo
$1,542.01
-24.17 (-1.54%)
(As of 10/31/2024 ET)

About Markel Group Stock (NYSE:MKL)

Key Stats

Today's Range
$1,521.25
$1,586.44
50-Day Range
$1,525.34
$1,602.69
52-Week Range
$1,295.65
$1,670.24
Volume
100,379 shs
Average Volume
42,528 shs
Market Capitalization
$19.96 billion
P/E Ratio
10.03
Dividend Yield
N/A
Price Target
$1,643.50
Consensus Rating
Hold

Company Overview

Markel Group Inc., a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. It also offers credit and surety products, and collateral protection insurance products. In addition, the company offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products comprising credit and surety, workers' compensation, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence and national terror pools. Further, it provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as healthcare, leasing, and investment services. Additionally, the company operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, traditional reinsurance contracts, industry loss warranties and other financial instruments; and program services. It also manages funds with third parties. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is based in Glen Allen, Virginia.

Markel Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

MKL MarketRank™: 

Markel Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 9th out of 27 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Markel Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Markel Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Markel Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Markel Group are expected to grow by 10.68% in the coming year, from $91.55 to $101.33 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Markel Group is 10.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Markel Group is 10.03, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 8.81.

  • Price to Book Value per Share Ratio

    Markel Group has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Markel Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.89% of the float of Markel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Markel Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Markel Group has recently decreased by 4.62%, indicating that investor sentiment is improving.
  • Dividend Yield

    Markel Group does not currently pay a dividend.

  • Dividend Growth

    Markel Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.89% of the float of Markel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Markel Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Markel Group has recently decreased by 4.62%, indicating that investor sentiment is improving.
  • News Sentiment

    Markel Group has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Multi-Sector Conglomerates companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Markel Group this week, compared to 7 articles on an average week.
  • Search Interest

    Only 3 people have searched for MKL on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Markel Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Markel Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $45,750.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 1.71% of the stock of Markel Group is held by insiders.

  • Percentage Held by Institutions

    77.12% of the stock of Markel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Markel Group's insider trading history.
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MKL Stock News Headlines

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Markel Group Insiders Placed Bullish Bets Worth US$656.1k
See More Headlines

MKL Stock Analysis - Frequently Asked Questions

Markel Group's stock was trading at $1,419.90 at the beginning of the year. Since then, MKL stock has increased by 8.6% and is now trading at $1,542.01.
View the best growth stocks for 2024 here
.

Markel Group Inc. (NYSE:MKL) issued its quarterly earnings results on Wednesday, October, 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $21.97 by $4.63. The insurance provider earned $3.69 billion during the quarter, compared to analysts' expectations of $3.74 billion. Markel Group had a trailing twelve-month return on equity of 11.12% and a net margin of 13.00%.

The following companies are subsidiaries of Markel Group: Metromont, Lansing Building Products LLC, VSC Fire & Security Inc., Nephila Capital, State National Companies, Costa Farms, Allsport Insurance Marketing Ltd, and more.

Markel Group's top institutional shareholders include Principal Financial Group Inc. (4.22%), Marathon Asset Management Ltd (0.28%), Raymond James & Associates (0.23%) and Country Trust Bank (0.17%). Insiders that own company stock include Steven A Markel, Thomas Sinnickson Gayner, Anthony F Markel, A Lynne Puckett, Lawrence A Cunningham, Greta J Harris and Morgan E Housel.
View institutional ownership trends
.

Shares of MKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Markel Group investors own include NVIDIA (NVDA), Meta Platforms (META), Arista Networks (ANET), PayPal (PYPL), Invesco QQQ (QQQ), Broadcom (AVGO) and Netflix (NFLX).

Company Calendar

Last Earnings
10/30/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/29/2025

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
57053510
Employees
21,600
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$1,643.50
High Stock Price Target
$1,986.00
Low Stock Price Target
$1,450.00
Potential Upside/Downside
+6.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$2.00 billion
Pretax Margin
17.19%

Debt

Sales & Book Value

Annual Sales
$16.20 billion
Cash Flow
$166.62 per share
Book Value
$1,094.24 per share

Miscellaneous

Free Float
12,724,000
Market Cap
$20.13 billion
Optionable
Optionable
Beta
0.73

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This page (NYSE:MKL) was last updated on 10/31/2024 by MarketBeat.com Staff
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