NYSE:MKL - Markel Stock Price, Forecast & News

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

Markel Co. (NYSE:MKL) released its quarterly earnings data on Tuesday, February, 4th. The insurance provider reported $36.26 EPS for the quarter, beating analysts' consensus estimates of $7.07 by $29.19. The insurance provider had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.07 billion. Markel had a return on equity of 5.51% and a net margin of 18.81%. View Markel's Earnings History.

Markel is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Markel.

4 Wall Street analysts have issued twelve-month price targets for Markel's stock. Their forecasts range from $1,100.00 to $1,325.00. On average, they expect Markel's share price to reach $1,191.67 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Markel.

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

Media headlines about MKL stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Markel earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Markel.

Markel saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 117,400 shares, a drop of 5.6% from the January 30th total of 124,400 shares. Based on an average daily trading volume, of 37,200 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.9% of the company's stock are short sold. View Markel's Current Options Chain.

Some companies that are related to Markel include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS), Hanover Insurance Group (THG) and Assured Guaranty (AGO).

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

Markel's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (4.89%), Baillie Gifford & Co. (3.93%), State Street Corp (2.58%), DAVENPORT & Co LLC (2.08%), Renaissance Technologies LLC (1.57%) and Broad Run Investment Management LLC (1.21%). Company insiders that own Markel stock include Alan I Kirshner, Anthony F Markel, K Bruce Connell, Lemuel E Lewis, Nora N Crouch, Richard R Whitt III and Steven A Markel. View Institutional Ownership Trends for Markel.

MKL stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Clarkston Capital Partners LLC, Baillie Gifford & Co., Mitsubishi UFJ Trust & Banking Corp, Broad Run Investment Management LLC, Raymond James & Associates and Oxford Asset Management LLP. 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.

MKL stock was acquired by a variety of institutional investors in the last quarter, including Madison Asset Management LLC, Anchor Capital Advisors LLC, Weitz Investment Management Inc., Strs Ohio, USS Investment Management Ltd, Bank of Montreal Can, UBS Group AG and First Trust Advisors LP. Company insiders that have bought Markel stock in the last two years include K Bruce Connell, Lemuel E Lewis and Nora N Crouch. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of MKL stock can currently be purchased for approximately $1,189.09.

Markel has a market capitalization of $16.39 billion and generates $9.53 billion in revenue each year. The insurance provider earns $1.79 billion in net income (profit) each year or $38.91 on an earnings per share basis. Markel employs 17,400 workers across the globe.View Additional Information About Markel.

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

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