NYSE:MKL - Markel Stock Price, News, & Analysis

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$978.00 -6.51 (-0.66 %)
(As of 03/25/2019 09:31 AM ET)
Previous Close$984.51
Today's Range$978.00 - $980.00
52-Week Range$950.16 - $1,228.32
Volume680 shs
Average Volume48,920 shs
Market Capitalization$13.57 billion
P/E Ratio47.64
Dividend YieldN/A
Beta0.86
Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment offers general and professional liability, property, personal line, program, and workers' compensation insurance products, as well as other insurance product lines, such as ocean marine, surety, CPI, and coverages. The International Insurance segment provides professional and general liability, marine and energy, and property insurance products, as well as other insurance product lines, including crime, contingency, accident and health, specialty, short-term trade credit, and other coverages. The Reinsurance segment offers property and casualty treaty reinsurance products; and other treaty reinsurance products, including structured and whole turnover credit, political risk, mortgage, and contract and commercial surety, as well as public entity, aviation, whole account, accident and health coverage, offshore and onshore marine and energy risks, and agriculture. The company also operates as an insurance-linked securities investment fund manager and reinsurance manager; manufacturer of transportation and other industrial equipment; and a management and IT consulting firm providing services and solutions to various customers, as well as offers capital solutions to asset and wealth management firms. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP57053510
Phone804-747-0136

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.84 billion
Cash Flow$51.0172 per share
Book Value$655.42 per share

Profitability

Net Income$-128,180,000.00

Miscellaneous

Employees17,400
Market Cap$13.57 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

Markel (NYSE:MKL) Frequently Asked Questions

What is Markel's stock symbol?

Markel trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKL."

How were Markel's earnings last quarter?

Markel Co. (NYSE:MKL) posted its quarterly earnings data on Tuesday, February, 5th. The insurance provider reported $2.27 EPS for the quarter, missing analysts' consensus estimates of $3.31 by $1.04. The insurance provider earned $1.89 billion during the quarter, compared to analyst estimates of $1.83 billion. Markel had a positive return on equity of 9.15% and a negative net margin of 2.02%. View Markel's Earnings History.

When is Markel's next earnings date?

Markel is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Markel.

What price target have analysts set for MKL?

2 brokerages have issued 1 year price objectives for Markel's stock. Their forecasts range from $1,300.00 to $1,300.00. On average, they expect Markel's stock price to reach $1,300.00 in the next year. This suggests a possible upside of 32.9% from the stock's current price. View Analyst Price Targets for Markel.

What is the consensus analysts' recommendation for Markel?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markel in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Markel.

What are Wall Street analysts saying about Markel stock?

Here are some recent quotes from research analysts about Markel stock:
  • 1. According to Zacks Investment Research, "Markel strives to grow via acquisitions and organic initiatives as these not only diversify and strengthen its portfolio but also expand the company’s international footprint. Solid performance by the Insurance and Reinsurance segment should continue to drive premiums and stands to benefit from niche focus and effective management of insurance risk. Markel continues to deliver solid results, banking on the strength of its underwriting, investment and Markel Ventures operations, positioning it well for long term growth. It is also judiciously raising rates across all its products. Markel boasts a solid capital position, enabling it to engage in share buybacks. However, escalating expenses weigh on margins. Shares of Markel have underperformed the industry in a year." (1/15/2019)
  • 2. Boenning Scattergood analysts commented, "We continue to believe the stock is an excellent core holding for a longer-term investor that can weather short-term volatility. We are raising our target price to $1,300 and maintain our Outperform rating." (8/1/2018)

Has Markel been receiving favorable news coverage?

News coverage about MKL stock has been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Markel earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Markel's key competitors?

What other stocks do shareholders of Markel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Markel investors own include NVIDIA (NVDA), Netflix (NFLX), Shopify (SHOP), Mastercard (MA), Arista Networks (ANET), Alibaba Group (BABA), Berkshire Hathaway (BRK.B), Activision Blizzard (ATVI), Paypal (PYPL) and Walt Disney (DIS).

Who are Markel's key executives?

Markel's management team includes the folowing people:
  • Mr. Alan Irving Kirshner, Exec. Chairman (Age 83)
  • Mr. Thomas Sinnickson Gayner, Co-CEO & Director (Age 58)
  • Mr. Richard Reeves Whitt III, Co-CEO & Director (Age 55)
  • Mr. Jonathan P. Kirchner, Chief Exec. Officer
  • Mr. Bradley James Kiscaden, Pres & Chief Admin. Officer (Age 56)

Who are Markel's major shareholders?

Markel's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.52%), Principal Financial Group Inc. (4.77%), Baillie Gifford & Co. (3.97%), DAVENPORT & Co LLC (2.08%), Atlanta Capital Management Co. L L C (2.07%) and Victory Capital Management Inc. (1.32%). Company insiders that own Markel stock include Alan I Kirshner, Anne G Waleski, Anthony F Markel, Bradley James Kiscaden, F Michael Crowley, K Bruce Connell, Lemuel E Lewis, Michael Jay Schewel, Nora N Crouch, Richard R Whitt III and Steven A Markel. View Institutional Ownership Trends for Markel.

Which institutional investors are selling Markel stock?

MKL stock was sold by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Principal Financial Group Inc., Vaughan Nelson Investment Management L.P., Bessemer Group Inc., Baillie Gifford & Co., Great West Life Assurance Co. Can, Amundi Pioneer Asset Management Inc. and Sprucegrove Investment Management Ltd.. Company insiders that have sold Markel company stock in the last year include Alan I Kirshner, Anthony F Markel, Nora N Crouch, Richard R Whitt III and Steven A Markel. View Insider Buying and Selling for Markel.

Which institutional investors are buying Markel stock?

MKL stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Millennium Management LLC, California Public Employees Retirement System, Geode Capital Management LLC, Legal & General Group Plc, Squarepoint Ops LLC and Kepos Capital LP. Company insiders that have bought Markel stock in the last two years include K Bruce Connell, Lemuel E Lewis, Michael Jay Schewel and Nora N Crouch. View Insider Buying and Selling for Markel.

How do I buy shares of Markel?

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

What is Markel's stock price today?

One share of MKL stock can currently be purchased for approximately $978.00.

How big of a company is Markel?

Markel has a market capitalization of $13.57 billion and generates $6.84 billion in revenue each year. The insurance provider earns $-128,180,000.00 in net income (profit) each year or $20.53 on an earnings per share basis. Markel employs 17,400 workers across the globe.

What is Markel's official website?

The official website for Markel is http://www.markelcorp.com.

How can I contact Markel?

Markel's mailing address is 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA, 23060. The insurance provider can be reached via phone at 804-747-0136.


MarketBeat Community Rating for Markel (NYSE MKL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  211 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  462
MarketBeat's community ratings are surveys of what our community members think about Markel and other stocks. Vote "Outperform" if you believe MKL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MKL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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