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NYSE:MKL

Markel Group (MKL) Stock Price, News & Analysis

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$1,544.07
-6.20 (-0.40%)
(As of 06/14/2024 ET)
Compare
Today's Range
$1,538.00
▼
$1,553.83
50-Day Range
$1,423.90
▼
$1,663.21
52-Week Range
$1,295.65
▼
$1,670.24
Volume
26,492 shs
Average Volume
29,282 shs
Market Capitalization
$20.07 billion
P/E Ratio
8.34
Dividend Yield
N/A
Price Target
$1,520.00
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends

Markel Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
1.6% Downside
$1,520.00 Price Target
Short Interest
Bearish
1.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.89mentions of Markel Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$5.11 M Sold Last Quarter
Proj. Earnings Growth
21.06%
From $82.83 to $100.27 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.76 out of 5 stars

Multi-Sector Conglomerates Sector

10th out of 20 stocks

Fire, Marine, & Casualty Insurance Industry

35th out of 55 stocks

See Top Rated MarketRank™ Stocks Here
MKL stock logo

About Markel Group Stock (NYSE:MKL)

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.

MKL Stock Price History

MKL Stock News Headlines

May 29, 2024 | insidertrades.com
Markel Group Inc. (NYSE:MKL) Director Greta J. Harris Sells 122 Shares
May 24, 2024 | insidertrades.com
Markel Group Inc. (NYSE:MKL) Director Steven A. Markel Sells 3,000 Shares
June 15 at 2:18 AM | americanbankingnews.com
Zacks Research Weighs in on Markel Group Inc.'s FY2026 Earnings (NYSE:MKL)
June 3, 2024 | prnewswire.com
Jamie Carsey named Chief Claims Officer, Markel Specialty
June 2, 2024 | seekingalpha.com
Markel Group: Higher-For-Longer Interest Rates Are Increasing Profitability
May 29, 2024 | investorplace.com
Retirement Stocks to Buy: 7 Picks Offering Value, Growth and Dividends
May 24, 2024 | investorplace.com
3 Stocks That Could Be the Cornerstone of Your Dream Portfolio
May 23, 2024 | finance.yahoo.com
Markel Group's (NYSE:MKL) investors will be pleased with their favorable 55% return over the last five years
May 17, 2024 | finance.yahoo.com
AM Best Assigns Issue Credit Rating to Markel Group Inc.’s Senior Unsecured Notes
May 17, 2024 | businesswire.com
AM Best Assigns Issue Credit Rating to Markel Group Inc.'s Senior Unsecured Notes
May 13, 2024 | finance.yahoo.com
Wallace Weitz Adjusts Portfolio, Exits Markel Group with a -1.9% Impact
May 3, 2024 | finance.yahoo.com
Markel Corporation (NYSE:MKL) Q1 2024 Earnings Call Transcript
May 3, 2024 | finance.yahoo.com
Markel Group Inc (MKL) Q1 2024 Earnings Call Transcript Highlights: Stellar Growth and ...
May 3, 2024 | markets.businessinsider.com
Geron is about to announce earnings — here's what Wall Street expects
May 1, 2024 | washingtonpost.com
Markel Group: Q1 Earnings Snapshot
May 1, 2024 | investorplace.com
MKL Stock Earnings: Markel Beats EPS, Beats Revenue for Q1 2024
May 1, 2024 | prnewswire.com
Markel Group reports 2024 first quarter results
April 30, 2024 | markets.businessinsider.com
Markel earnings: here's what to expect
April 27, 2024 | msn.com
Markel targets professional indemnity market in Australia
April 25, 2024 | prnewswire.com
Markel Group Inc. announces conference call date and time
April 17, 2024 | finance.yahoo.com
Markel Group (MKL) to Report Q1 Results: Wall Street Expects Earnings Growth
April 10, 2024 | benzinga.com
How Is The Market Feeling About Markel Group?
April 3, 2024 | msn.com
Markel expands into Australia with specialised coverages
April 1, 2024 | nasdaq.com
MKL Quantitative Stock Analysis - Peter Lynch
March 28, 2024 | finance.yahoo.com
Markel Group Inc.'s (NYSE:MKL) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
6/16/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Multi-Sector Conglomerates
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NYSE:MKL
CUSIP
57053510
CIK
1096343
Web
www.markel.com
Phone
(804) 747-0136
Fax
804-965-1600
Employees
21,600
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$1,520.00
High Stock Price Target
$1,625.00
Low Stock Price Target
$1,275.00
Potential Upside/Downside
-1.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$185.14
Trailing P/E Ratio
8.34
Forward P/E Ratio
18.64
P/E Growth
N/A
Net Income
$2.00 billion
Net Margins
15.23%
Pretax Margin
19.99%
Return on Equity
11.18%
Return on Assets
2.92%

Debt

Debt-to-Equity Ratio
0.25
Current Ratio
0.61
Quick Ratio
0.61

Sales & Book Value

Annual Sales
$15.80 billion
Price / Sales
1.27
Cash Flow
$170.62 per share
Price / Cash Flow
9.05
Book Value
$1,094.24 per share
Price / Book
1.41

Miscellaneous

Outstanding Shares
13,000,000
Free Float
12,781,000
Market Cap
$20.07 billion
Optionable
Optionable
Beta
0.73

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Key Executives

  • Mr. Thomas Sinnickson GaynerMr. Thomas Sinnickson Gayner (Age 63)
    Chief Investment Officer, CEO & Director
    Comp: $2.68M
  • Mr. Brian Jeffrey Costanzo (Age 45)
    CFO & Chief Financial Officer of Markel Insurance Operations
    Comp: $739.97k
  • Mr. Michael R. Heaton (Age 47)
    Executive VP & COO
    Comp: $1.69M
  • Mr. Richard Randolph Grinnan (Age 55)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $1.09M
  • Mr. Jeremy Andrew Noble CPA (Age 48)
    President of Markel Insurance Operations & President of Global Insurance Engine
    Comp: $1.69M
  • Ms. Meade P. Grandis
    Chief Accounting Officer & Controller
  • Ms. Jennifer Blackwell
    Deputy Chief Communications Officer
  • Mr. Paul Broughton
    Managing Director of Marketing
  • Mr. Frederick W. May Jr.
    Vice President of Sales & Business Development
  • Mr. Jeff Lamb
    Executive Director of Programs and Alliances - Markel Specialty

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Markel Group Stock? MKL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Markel Group Inc.:

  • Markel Group Inc. has shown consistent growth in its revenue and profitability over the past few quarters, indicating a strong financial performance.
  • The company has a diversified business portfolio, including insurance, reinsurance, and investment operations, which helps in spreading risk and maximizing returns.
  • Markel Group Inc. has a solid track record of prudent underwriting practices in its insurance segment, leading to sustainable long-term growth.
  • The current stock price of Markel Group Inc. is trading at an attractive valuation compared to its intrinsic value, presenting a potential buying opportunity for investors.
  • The company has a history of rewarding shareholders through consistent dividend payments and share buybacks, enhancing investor returns.

Cons

Investors should be bearish about investing in Markel Group Inc. for these reasons:

  • Markel Group Inc. operates in a highly competitive insurance industry, which could lead to pricing pressures and lower margins in the future.
  • The company's investment portfolio is subject to market risks, and any adverse movements in the financial markets could impact its overall financial performance.
  • Markel Group Inc. may face challenges in maintaining underwriting discipline during periods of economic uncertainty, potentially affecting its profitability.
  • The company's exposure to catastrophic events and natural disasters poses a risk to its insurance operations and financial stability.
  • Investing in Markel Group Inc. requires a long-term perspective, as short-term market fluctuations could impact the stock price, leading to potential volatility.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 9, 2024. Please send any questions or comments about these Markel Group pros and cons to contact@marketbeat.com.

MKL Stock Analysis - Frequently Asked Questions

Should I buy or sell Markel Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markel Group in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" MKL shares.
View MKL analyst ratings or view top-rated stocks.

What is Markel Group's stock price target for 2024?

5 analysts have issued 12 month target prices for Markel Group's stock. Their MKL share price targets range from $1,275.00 to $1,625.00. On average, they anticipate the company's stock price to reach $1,520.00 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for MKL or view top-rated stocks among Wall Street analysts.

How have MKL shares performed in 2024?

Markel Group's stock was trading at $1,419.90 at the beginning of the year. Since then, MKL shares have increased by 8.7% and is now trading at $1,544.07.
View the best growth stocks for 2024 here.

When is Markel Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our MKL earnings forecast.

How were Markel Group's earnings last quarter?

Markel Group Inc. (NYSE:MKL) announced its quarterly earnings results on Wednesday, May, 1st. The insurance provider reported $18.17 earnings per share for the quarter, missing analysts' consensus estimates of $18.50 by $0.33. The insurance provider had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.62 billion. Markel Group had a trailing twelve-month return on equity of 11.18% and a net margin of 15.23%.

What ETFs hold Markel Group's stock?

ETFs with the largest weight of Markel Group (NYSE:MKL) stock in their portfolio include Davis Select Financial ETF (DFNL), Davis Select U.S. Equity ETF (DUSA), iShares U.S. Insurance ETF (IAK), SPDR S&P Insurance ETF (KIE), Alpha Dog ETF (RUFF), Davis Select Worldwide ETF (DWLD), First Trust Financial AlphaDEX Fund (FXO) and SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV).

What is Alan I. Kirshner's approval rating as Markel Group's CEO?

99 employees have rated Markel Group Chief Executive Officer Alan I. Kirshner on Glassdoor.com. Alan I. Kirshner has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Markel Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Markel Group investors own include NVIDIA (NVDA), Mastercard (MA), Netflix (NFLX), PayPal (PYPL), Berkshire Hathaway (BRK.B), Walt Disney (DIS), Shopify (SHOP), Visa (V), Corning (GLW) and Arista Networks (ANET).

Who are Markel Group's major shareholders?

Markel Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.01%), Principal Financial Group Inc. (4.31%), Baillie Gifford & Co. (2.09%), Boston Partners (1.65%), DAVENPORT & Co LLC (1.56%) and Scharf Investments LLC (0.94%). Insiders that own company stock include A Lynne Puckett, Anthony F Markel, Greta J Harris, Lawrence A Cunningham, Morgan E Housel, Richard R Whitt III, Steven A Markel and Thomas Sinnickson Gayner.
View institutional ownership trends.

How do I buy shares of Markel Group?

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.

Does Markel Group have any subsidiaries?
The following companies are subsidiares of Markel Group: Abbey Protection Plc, Allsport Insurance Marketing Ltd, Alterra Capital Holdings, Alterra Capital Holdings Limited, Black/White & Associates Insurance Brokers, Brahmin Leather Works LLC, Bridge Underwriting AB, Buckner Heavylift Cranes LLC, CapTech Ventures Inc., Caunce O'Hara & Company Limited, City National Insurance Company, Costa Farms, Costa Farms Holdings LLC, Cottrell Inc., Eagle Construction of Va. LLC, Ellicott Dredge Enterprises LLC, Essentia Insurance Company, Evanston Insurance Company, FSB Insurance Service Limited, FirstComp Insurance Company, Galleon Marine Insurance Agency Limited, Havco WP LLC, Independent Specialty Insurance Company, Lansing Building Products LLC, Lodgepine Capital Management Limited, MINT Canadian Specialty Underwriters Limited, MKL Services Company, Markel American Insurance Company, Markel Aspen Inc., Markel Bermuda Limited, Markel CATCo Investment Management Ltd., Markel CATCo Re Ltd., Markel CATCo Reinsurance Fund Ltd., Markel Canada Limited, Markel Capital Limited, Markel Consultancy Services Limited, Markel Eagle Investment II LLC, Markel Eagle Investment LLC, Markel Food Group Inc., Markel Global Reinsurance Company, Markel Holdings GmbH, Markel India Investments Inc., Markel Insurance Company, Markel Insurance S.E., Markel International Dubai Limited, Markel International Holdings Delaware Limited, Markel International Hong Kong Limited, Markel International Insurance Company Limited, Markel International Labuan Limited, Markel International Singapore Pte. Limited, Markel Law LLP, Markel Protection Limited, Markel Service Incorporated, Markel Services India Private Limited, Markel Surety Holding Corporation, Markel Syndicate Management Limited, Markel Ventures Inc., Markel West Inc., Metromont, Metromont LLC, National Specialty Insurance Company, Nautical Management Ltd., Nephila Advisors LLC, Nephila Capital, Nephila Capital Ltd., Nephila Holdings Ltd., Nephila Syndicate Management Limited, Panel Specialists Inc., ParkLand Ventures Inc., PartnerMD LLC, Pinnacle National Insurance Company, Prairie State Administrative Services Inc., Retail Data LLC, Rosemont Investment Group LLC, Rubik Reinsurance Ltd., Schouten Insurance International B.V., State National Companies, State National Companies Inc., State National Insurance Company Inc., Superior Specialty Insurance Company, SureTec Financial Corp., SureTec Insurance Company, Surety International SPC, T.B.A. Insurance Group Ltd., Terra Nova Holdings Ltd, Thompson Insurance Enterprises, United Specialty Insurance Company, VSC Fire & Security Inc., Volante DIFC Ltd, Volante Germany GmbH, Volante International Limited, Volante Specialty Risk LLC, and Weldship LLC.
Read More
This page (NYSE:MKL) was last updated on 6/16/2024 by MarketBeat.com Staff

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