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. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:MKL
CUSIP57053510
Phone804-747-0136
Debt
Debt-to-Equity Ratio0.33
Current Ratio0.59
Quick Ratio0.59
Price-To-Earnings
Trailing P/E Ratio303.88
Forward P/E Ratio28.59
P/E GrowthN/A
Sales & Book Value
Annual Sales$6.06 billion
Price / Sales2.52
Cash Flow$18.6067 per share
Price / Cash59.12
Book Value$683.97 per share
Price / Book1.61
Profitability
EPS (Most Recent Fiscal Year)$3.62
Net Income$395.26 million
Net Margins4.19%
Return on Equity1.47%
Return on Assets0.44%
Miscellaneous
Employees15,600
Outstanding Shares13,890,000
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) announced its quarterly earnings results on Tuesday, April, 24th. The insurance provider reported $11.39 EPS for the quarter, beating the consensus estimate of $8.71 by $2.68. The insurance provider had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.61 billion. Markel had a return on equity of 1.47% and a net margin of 4.19%. View Markel's Earnings History.
When is Markel's next earnings date?
What price target have analysts set for MKL?
5 brokerages have issued twelve-month target prices for Markel's stock. Their forecasts range from $1,200.00 to $1,250.00. On average, they expect Markel's stock price to reach $1,216.6667 in the next year. View Analyst Ratings for Markel.
Who are some of Markel's key competitors?
Some companies that are related to Markel include Chubb (CB), American International Group (AIG), Tokio Marine (TKOMY), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Loews (L), XL Group (XL), Cna Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL) and American Financial Group (AFG).
Who are Markel's key executives?
Markel's management team includes the folowing people:
- Mr. Alan Irving Kirshner, Exec. Chairman (Age 82)
- Mr. Thomas S. Gayner, Co-CEO & Director (Age 57)
- Mr. Richard Reeves Whitt III, Co-CEO & Director (Age 54)
- Ms. Anne Galbraith Waleski, Exec. VP & CFO (Age 51)
- Mr. Saurabh Madaan, Managing Director of Investments
Has Markel been receiving favorable news coverage?
News coverage about MKL stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Markel earned a coverage optimism score of 0.02 on Accern's scale. They also gave media coverage about the insurance provider an impact score of 46.60 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Markel's major shareholders?
Markel's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.06%), Principal Financial Group Inc. (4.83%), Atlanta Capital Management Co. L L C (4.06%), Baillie Gifford & Co. (3.92%), Summit Trail Advisors LLC (1.62%) and Victory Capital Management Inc. (1.23%). Company insiders that own Markel stock include Alan I Kirshner, Anne G Waleski, Anthony F Markel, Bradley James Kiscaden, F Michael Crowley, 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 Russell Investments Group Ltd., Avenir Corp, Epoch Investment Partners Inc., Wells Fargo & Company MN, Victory Capital Management Inc., BlackRock Inc., Mar Vista Investment Partners LLC and Barclays PLC. Company insiders that have sold Markel company stock in the last year include Alan I Kirshner, Anne G Waleski, Anthony F Markel, Bradley James Kiscaden, F Michael Crowley, 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 bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Thrivent Financial for Lutherans, Principal Financial Group Inc., Signature Financial Management Inc., Zurcher Kantonalbank Zurich Cantonalbank, Baillie Gifford & Co., Millennium Management LLC and Douglass Winthrop Advisors LLC. Company insiders that have bought Markel stock in the last two years include 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 $1,100.03.
How big of a company is Markel?
Markel has a market capitalization of $15.33 billion and generates $6.06 billion in revenue each year. The insurance provider earns $395.26 million in net income (profit) each year or $3.62 on an earnings per share basis. Markel employs 15,600 workers across the globe.
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 (MKL)
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.
