Markel Corporation is a financial holding company serving a range of markets. The Company's principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance. The Company, through its subsidiary Markel Ventures, Inc. (Markel Ventures), owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace. The U.S. Insurance segment includes all direct business and facultative placements written by its insurance subsidiaries domiciled in the United States. The International Insurance segment includes all direct business and facultative placements written by its insurance subsidiaries domiciled outside of the United States, including its syndicate at Lloyd's of London (Lloyd's). The Reinsurance segment includes all treaty reinsurance written across the Company.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Property & Casualty Insurance
- Sub-Industry: Property & Casualty Insurance
- Symbol: NYSE:MKL
- CUSIP: 57053510
- Web: www.markelcorp.com
Capitalization:- Market Cap: $14.5014 billion
- Outstanding Shares: 13,911,000
Average Prices:- 50 Day Moving Avg: $1,047.20
- 200 Day Moving Avg: $994.49
- 52 Week Range: $811.05 - $1,086.68
P/E:- Trailing P/E Ratio: 36.04
- Foreward P/E Ratio: 36.81
- P/E Growth: 2.32
Sales & Book Value:- Annual Revenue: $5.75 billion
- Price / Sales: 2.55
- Book Value: $643.37 per share
- Price / Book: 1.64
Profitability:- EBIDTA: $948.88 million
- Net Margins: 7.58%
- Return on Equity: 4.81%
- Return on Assets: 1.57%
Debt:- Debt-to-Equity Ratio: 0.28%
- Current Ratio: 0.55%
- Quick Ratio: 0.55%
Misc:- Average Volume: 29,444 shs.
- Beta: 1.04
- Short Ratio: 5.2
Frequently Asked Questions for Markel Corporation (NYSE:MKL)
What is Markel Corporation's stock symbol?
Markel Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKL."
How were Markel Corporation's earnings last quarter?
Markel Corporation (NYSE:MKL) announced its quarterly earnings data on Wednesday, July, 26th. The company reported $9.94 earnings per share for the quarter, beating analysts' consensus estimates of $6.27 by $3.67. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.46 billion. Markel Corporation had a net margin of 7.58% and a return on equity of 4.81%. View Markel Corporation's Earnings History.
When will Markel Corporation make its next earnings announcement?
Where is Markel Corporation's stock going? Where will Markel Corporation's stock price be in 2017?
2 equities research analysts have issued 12 month price objectives for Markel Corporation's shares. Their forecasts range from $1,050.00 to $1,050.00. On average, they anticipate Markel Corporation's share price to reach $1,050.00 in the next twelve months. View Analyst Ratings for Markel Corporation.
Who are some of Markel Corporation's key competitors?
Some companies that are related to Markel Corporation include Loews Corporation (L), Power Co. of Canada (POW), CNA Financial Corporation (CNA), Intact Financial (IFC), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF), XL Group (XL), American Financial Group (AFG), Alleghany Corporation (Y), W.R. Berkley Corporation (WRB), RSA Insurance Group plc (RSA), Industrial Alliance Insur. & Fin. Ser. (IAG), Erie Indemnity Company (ERIE), First American Corporation (The) (FAF), Old Republic International Corporation (ORI), Direct Line Insurance Group PLC (DLG), Assured Guaranty (AGO) and The Hanover Insurance Group (THG).
Who are Markel Corporation's key executives?
Markel Corporation's management team includes the folowing people:
- Alan I. Kirshner, Executive Chairman of the Board
- Thomas S. Gayner, Co-Chief Executive Officer, Director
- Richard Reeves Whitt III, Co-Chief Executive Officer, Director
- F. Michael Crowley, Vice Chairman of the Board
- Steven Andrew Markel, Vice Chairman of the Board
- Anne G. Waleski, Chief Financial Officer, Executive Vice President, Vice President
- Bradley J. Kiscaden, Executive Vice President, Chief Actuarial Officer
- Britton L. Glisson, Chief Administrative Officer, President - Global Insurance
- Anthony F. Markel, Vice Chairman of the Board
- Stewart Michael Kasen, Lead Independent Director
Who owns Markel Corporation stock?
Markel Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.12%), BlackRock Inc. (6.01%), Principal Financial Group Inc. (4.74%), Atlanta Capital Management Co. L L C (4.06%), Baillie Gifford & Co. (4.03%) and Capital Research Global Investors (2.45%). Company insiders that own Markel Corporation stock include Alan I Kirshner, Anne G Waleski, Anthony F Markel, Bradley James Kiscaden, Darrell D Martin, F Michael Crowley, Nora N Crouch, Richard R Whitt III, Steven A Markel, Stewart M Kasen and Thomas Sinnickson Gayner. View Institutional Ownership Trends for Markel Corporation.
Who sold Markel Corporation stock? Who is selling Markel Corporation stock?
Markel Corporation's stock was sold by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Sprucegrove Investment Management Ltd., Motley Fool Asset Management LLC, Wells Fargo & Company MN, Balyasny Asset Management LLC, Davis Selected Advisers, State Street Corp and Schwab Charles Investment Management Inc.. Company insiders that have sold Markel Corporation stock in the last year include Alan I Kirshner, Anthony F Markel, Bradley James Kiscaden, F Michael Crowley, Richard R Whitt III and Steven A Markel. View Insider Buying and Selling for Markel Corporation.
Who bought Markel Corporation stock? Who is buying Markel Corporation stock?
Markel Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Marathon Asset Management LLP, Principal Financial Group Inc., Victory Capital Management Inc., Archford Capital Strategies LLC, Janus Henderson Group PLC, Renaissance Technologies LLC and Thompson Siegel & Walmsley LLC. View Insider Buying and Selling for Markel Corporation.
How do I buy Markel Corporation stock?
Shares of Markel Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Markel Corporation's stock price today?
One share of Markel Corporation stock can currently be purchased for approximately $1,052.82.
MarketBeat Community Rating for Markel Corporation (NYSE MKL)MarketBeat's community ratings are surveys of what our community members think about Markel Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Markel Corporation (NYSE:MKL) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $1,050.00 (0.27% downside) |
Analysts' Ratings History for Markel Corporation (NYSE:MKL)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/26/2017 | Boenning Scattergood | Set Price Target | Buy | $1,050.00 | Medium |  |
| 11/17/2016 | William Blair | Downgrade | Outperform -> Market Perform | | N/A | |
| 8/4/2016 | SunTrust Banks, Inc. | Boost Price Target | Neutral | $920.00 -> $950.00 | N/A | |
(Data available from 9/21/2015 forward)
Earnings History for Markel Corporation (NYSE:MKL)Earnings History by Quarter for Markel Corporation (NYSE MKL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $6.69 | | | | | N/A | |
| 7/26/2017 | Q2 2017 | $6.27 | $9.94 | $1.46 billion | $1.46 billion | View | N/A | |
| 2/8/2017 | Q416 | $5.23 | $9.11 | $1.37 billion | $1.43 billion | View | Listen | |
| 8/2/2016 | Q2 | $6.39 | $5.41 | $1.09 billion | $1.36 billion | View | N/A | |
| 2/10/2016 | Q4 | $7.21 | $14.14 | $1.34 billion | $1.42 billion | View | Listen | |
| 11/4/2015 | Q215 | $6.78 | $7.39 | $1.04 billion | $1.36 billion | View | N/A | |
| 8/5/2015 | Q2 | $6.28 | $6.72 | $1.05 billion | $1.30 billion | View | N/A | |
| 5/6/2015 | Q115 | $5.88 | $13.39 | $1.08 billion | $1.04 billion | View | N/A | |
| 2/11/2015 | Q414 | $5.56 | $8.05 | $1.34 billion | $1.34 billion | View | N/A | |
| 11/5/2014 | Q314 | $5.54 | $5.30 | $1.08 billion | $1.05 billion | View | N/A | |
| 8/6/2014 | Q214 | $5.84 | $2.66 | $1.03 billion | $1.06 billion | View | N/A | |
| 5/7/2014 | Q114 | $5.76 | $6.25 | $1.11 billion | $1.04 billion | View | N/A | |
| 2/10/2014 | Q413 | $5.77 | $6.95 | | $1.28 billion | View | N/A | |
| 11/6/2013 | Q313 | $6.09 | $4.67 | $1.19 billion | | View | N/A | |
| 8/7/2013 | Q2 2013 | $5.76 | $2.24 | $1.05 billion | | View | N/A | |
| 4/30/2013 | Q1 2013 | $5.32 | $9.50 | $787.46 million | $819.86 million | View | Listen | |
| 2/4/2013 | Q4 2012 | ($2.81) | $6.23 | $766.74 million | $808.00 million | View | Listen | |
| 11/8/2012 | Q312 | $4.44 | $5.32 | $720.82 million | | View | N/A | |
| 8/8/2012 | | $3.55 | $8.42 | | | View | N/A | |
| 5/9/2012 | | $3.99 | $5.92 | | | View | N/A | |
| 2/1/2012 | | $4.29 | $5.19 | | | View | N/A | |
| 11/7/2011 | | $4.04 | $5.48 | | | View | N/A | |
| 5/5/2011 | | $1.95 | $0.85 | | | View | N/A | |
| 2/2/2011 | | $4.38 | $14.37 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Markel Corporation (NYSE:MKL)2017 EPS Consensus Estimate: $26.51
2018 EPS Consensus Estimate: $26.87
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $1.35 | $8.09 | $5.46 |
| Q2 2017 | 3 | $5.59 | $6.73 | $6.26 |
| Q3 2017 | 3 | $6.30 | $7.29 | $6.76 |
| Q4 2017 | 3 | $7.83 | $8.28 | $8.04 |
| Q1 2018 | 3 | $5.45 | $8.09 | $6.71 |
| Q2 2018 | 3 | $5.37 | $6.64 | $6.10 |
| Q3 2018 | 3 | $6.04 | $7.43 | $6.61 |
| Q4 2018 | 3 | $7.35 | $7.58 | $7.45 |
(Data provided by Zacks Investment Research)
Dividend History for Markel Corporation (NYSE:MKL)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Markel Corporation (NYSE:MKL)Insider Ownership Percentage: 2.53%
Institutional Ownership Percentage: 76.47%
Insider Trades by Quarter for Markel Corporation (NYSE:MKL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/28/2017 | Richard R Whitt III | CEO | Sell | 100 | $1,050.20 | $105,020.00 | |
| 8/23/2017 | Richard R Whitt III | CEO | Sell | 600 | $1,045.93 | $627,558.00 | |
| 8/21/2017 | Richard R Whitt III | CEO | Sell | 100 | $1,050.00 | $105,000.00 | |
| 8/15/2017 | F. Michael Crowley | Vice Chairman | Sell | 302 | $1,047.20 | $316,254.40 | |
| 8/14/2017 | Richard R Whitt III | CEO | Sell | 100 | $1,045.10 | $104,510.00 | |
| 8/7/2017 | Richard R Whitt III | CEO | Sell | 100 | $1,061.10 | $106,110.00 | |
| 8/3/2017 | Alan I Kirshner | Insider | Sell | 100 | $1,054.03 | $105,403.00 | |
| 8/2/2017 | Bradley James Kiscaden | EVP | Sell | 350 | $1,074.56 | $376,096.00 | |
| 8/2/2017 | Richard R Whitt III | CEO | Sell | 100 | $1,085.31 | $108,531.00 | |
| 8/1/2017 | Steven A Markel | Vice Chairman | Sell | 3,875 | $1,074.48 | $4,163,610.00 | |
| 2/23/2017 | Steven A Markel | Vice Chairman | Sell | 2,000 | $971.39 | $1,942,780.00 | |
| 2/13/2017 | Nora N Crouch | Insider | Buy | 10 | $948.88 | $9,488.80 | |
| 11/30/2016 | Anthony F. Markel | Vice Chairman | Sell | 105 | $896.00 | $94,080.00 | |
| 5/20/2016 | Alan I Kirshner | Chairman | Sell | 1,990 | $972.24 | $1,934,757.60 | |
| 5/19/2016 | Anne G Waleski | CFO | Sell | 746 | $965.51 | $720,270.46 | |
| 5/19/2016 | Richard R Whitt III | CEO | Sell | 200 | $962.82 | $192,564.00 | |
| 5/18/2016 | F. Michael Crowley | President | Sell | 2,000 | $949.93 | $1,899,860.00 | |
| 5/16/2016 | Steven A Markel | Vice Chairman | Sell | 5,000 | $955.94 | $4,779,700.00 | |
| 5/10/2016 | Anthony F Markel | Vice Chairman | Sell | 95 | $961.00 | $91,295.00 | |
| 4/19/2016 | Darrell D Martin | Director | Sell | 364 | $920.00 | $334,880.00 | |
| 4/14/2016 | Darrell D Martin | Director | Sell | 533 | $920.00 | $490,360.00 | |
| 3/11/2016 | Darrell D Martin | Director | Sell | 1,000 | $890.00 | $890,000.00 | |
| 2/25/2016 | Darrell D Martin | Director | Sell | 1,000 | $870.00 | $870,000.00 | |
| 2/24/2016 | Bradley James Kiscaden | EVP | Sell | 350 | $847.16 | $296,506.00 | |
| 2/17/2016 | F. Michael Crowley | President | Sell | 994 | $841.05 | $836,003.70 | |
| 2/17/2016 | Stewart M Kasen | Director | Sell | 500 | $841.00 | $420,500.00 | |
| 2/16/2016 | Thomas Sinnickson Gayner | CEO | Sell | 5,000 | $826.03 | $4,130,150.00 | |
| 8/18/2015 | Steven A Markel | Vice Chairman | Sell | 6,000 | $877.76 | $5,266,560.00 | |
| 9/3/2014 | F. Michael Crowley | COO | Sell | 500 | $655.44 | $327,720.00 | |
| 12/31/2012 | Debora J Wilson | Director | Buy | 1,000 | $428.99 | $428,990.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Markel Corporation (NYSE:MKL)
Latest Headlines for Markel Corporation (NYSE:MKL)
| Source: |
|
| Date | Headline |
|---|
 | Markel Sees RS Rating Improve To 73
finance.yahoo.com - September 20 at 6:22 AM |
| Markel expands professional liability coverage for law firms
finance.yahoo.com - September 16 at 6:30 AM |
 | Markel Corporation (MKL) versus Its Peers Head-To-Head Contrast
www.americanbankingnews.com - September 12 at 8:30 PM |
| Markel Corp. breached its 50 day moving average in a Bullish Manner : MKL-US : September 8, 2017
finance.yahoo.com - September 9 at 6:12 AM |
 | Nasdaq to Boost Information Services with eVestment Buyout
www.msn.com - September 7 at 5:30 AM |
| Is There Now An Opportunity In Markel Corporation (MKL)?
finance.yahoo.com - September 7 at 5:30 AM |
| Analyzing Assured Guaranty (AGO) and Markel Corporation (MKL)
www.americanbankingnews.com - September 3 at 10:10 AM |
| SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of State National Companies, Inc. - SNC
finance.yahoo.com - September 1 at 5:33 AM |
 | Why Is Markel (MKL) Up 1.1% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - August 31 at 7:19 AM |
| Why Is Markel (MKL) Up 1.1% Since the Last Earnings Report?
finance.yahoo.com - August 30 at 6:35 AM |
| Markel Corporation (MKL) CEO Sells $105,020.00 in Stock
www.americanbankingnews.com - August 29 at 7:56 PM |
| Financial Contrast: Markel Corporation (MKL) versus United Insurance Holdings Corp. (UIHC)
www.americanbankingnews.com - August 28 at 2:24 PM |
| OneBeacon Insurance Group (OB) vs. Markel Corporation (MKL) Critical Contrast
www.americanbankingnews.com - August 26 at 4:12 AM |
| Richard R. Whitt III Sells 600 Shares of Markel Corporation (MKL) Stock
www.americanbankingnews.com - August 25 at 7:44 PM |
| ETFs with exposure to Markel Corp. : August 23, 2017
finance.yahoo.com - August 24 at 9:24 AM |
| Markel Corporation (MKL) CEO Richard R. Whitt III Sells 100 Shares
www.americanbankingnews.com - August 23 at 8:04 PM |
| Markel Corporation (MKL) Expected to Post Quarterly Sales of $1.49 Billion
www.americanbankingnews.com - August 22 at 1:14 PM |
| Markel announces enhancements to tenant discrimination protection
www.nasdaq.com - August 21 at 7:58 PM |
| $7.02 Earnings Per Share Expected for Markel Corporation (MKL) This Quarter
www.americanbankingnews.com - August 20 at 4:20 AM |
| F. Michael Crowley Sells 302 Shares of Markel Corporation (MKL) Stock
www.americanbankingnews.com - August 16 at 8:28 PM |
| Richard R. Whitt III Sells 100 Shares of Markel Corporation (MKL) Stock
www.americanbankingnews.com - August 15 at 8:00 PM |
| ETFs with exposure to Markel Corp. : August 11, 2017
finance.yahoo.com - August 12 at 5:28 AM |
| See what the IHS Markit Score report has to say about Markel Corp.
finance.yahoo.com - August 10 at 5:28 AM |
| Insider Selling: Markel Corporation (NYSE:MKL) CEO Sells 100 Shares of Stock
www.americanbankingnews.com - August 9 at 9:32 PM |
| MOVES-Markel hires political risk underwriter from Sompo Canopius
finance.yahoo.com - August 7 at 7:59 PM |
| MOVES-CIFC, Otterbourg, Natixis, CUNA Mutual Group,GAM, J O Hambro ,REG
finance.yahoo.com - August 7 at 7:59 PM |
| Insider Selling: Markel Corporation (MKL) Insider Sells 100 Shares of Stock
www.americanbankingnews.com - August 4 at 8:40 PM |
| Markel Corporation (NYSE:MKL) CEO Sells $108,531.00 in Stock
www.americanbankingnews.com - August 4 at 8:40 PM |
| Markel Corporation (MKL) EVP Sells $376,096.00 in Stock
www.americanbankingnews.com - August 4 at 8:22 PM |
| Markel Corporation (NYSE:MKL) Vice Chairman Steven A. Markel Sells 3,875 Shares
www.americanbankingnews.com - August 3 at 7:32 PM |
| $1.49 Billion in Sales Expected for Markel Corporation (NYSE:MKL) This Quarter
www.americanbankingnews.com - August 3 at 7:28 AM |
| $6.99 EPS Expected for Markel Corporation (MKL) This Quarter
www.americanbankingnews.com - August 2 at 12:14 AM |
| Analysts Set Expectations for Markel Corporation's FY2017 Earnings (NYSE:MKL)
www.americanbankingnews.com - July 31 at 8:30 AM |
| Markel Corporation (MKL) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 28 at 8:32 PM |
 | Markel Corporation (MKL) to Acquire State National (SNC) for $21/Share - StreetInsider.com
www.streetinsider.com - July 28 at 4:15 PM |
| Markel (MKL) Q2 Earnings Beat on Solid Underwriting, Up Y/Y - Nasdaq
www.nasdaq.com - July 28 at 4:15 PM |
| Markel Corporation (MKL) Makes Investment In Costa Farms - StreetInsider.com
www.streetinsider.com - July 28 at 4:15 PM |
| STATE NATIONAL COMPANIES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of State National Companies, Inc.
finance.yahoo.com - July 28 at 4:15 PM |
| Markel Corp. :MKL-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017
finance.yahoo.com - July 28 at 4:15 PM |
| WeissLaw LLP: State National Companies, Inc. Acquisition May Not Be in the Best Interests of SNC Shareholders
finance.yahoo.com - July 28 at 4:15 PM |
| Boenning Scattergood Comments on Markel Corporation's Q3 2017 Earnings (MKL)
www.americanbankingnews.com - July 28 at 11:00 AM |
 | Markel Delivers a Great Quarter and Goes on an Acquisition Spree
www.fool.com - July 28 at 7:46 AM |
 | Markel (MKL) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 4:36 AM |
| Markel (MKL) Q2 Earnings Beat on Solid Underwriting, Up Y/Y
finance.yahoo.com - July 28 at 4:36 AM |
| Edited Transcript of MKL earnings conference call or presentation 27-Jul-17 1:30pm GMT
finance.yahoo.com - July 28 at 4:36 AM |
 | U.S. insurer Markel to buy State National for $919 million
www.reuters.com - July 27 at 4:23 AM |
| Markel Corporation (MKL) Makes Investment In Costa Farms
www.streetinsider.com - July 27 at 4:23 AM |
| U.S. insurer Markel to buy State National for $919 mln
finance.yahoo.com - July 27 at 4:22 AM |
| Markel to acquire State National
finance.yahoo.com - July 27 at 4:22 AM |
| State National to be acquired by Markel in deal valuing the insurer at nearly $890 million
finance.yahoo.com - July 27 at 4:22 AM |
Markel Corporation (MKL) Chart for Thursday, September, 21, 2017
