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NYSE:MKL - Markel Stock Price, Forecast & News

$892.43
-58.09 (-6.11 %)
(As of 03/29/2020 05:25 AM ET)
Today's Range
$885.01
Now: $892.43
$934.67
50-Day Range
$742.21
MA: $1,151.41
$1,341.08
52-Week Range
$710.52
Now: $892.43
$1,347.64
Volume76,859 shs
Average Volume84,590 shs
Market Capitalization$12.30 billion
P/E Ratio6.92
Dividend YieldN/A
Beta0.62
Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. Its Insurance segment offers general and professional liability, property, personal lines, marine and energy, specialty programs, and workers' compensation insurance products. This segment also offers contract, commercial, and court bonds; coverage on automobiles or other vehicles held as collateral for loans; coverages for horse mortality, theft, infertility, transit, and specified perils; crime coverage; property and liability package coverage to small and medium sized businesses; accident and health coverage; coverage for legal expenses; and short-term trade credit coverage for commercial risks. The company's Reinsurance segment offers general liability, professional liability, workers' compensation, medical malpractice, environmental impairment liability, and auto liability; property treaty products for catastrophe, per risk, and retrocessional exposures; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and equipment; laminated oak and composite wood flooring; storage and transportation equipment for specialty gas; dormitory furniture, wall systems, medical casework, and marine panels; ornamental plants; fashion handbags; residential homes; and behavioral healthcare, concierge health programs, retail intelligence, and management and technology consulting services, as well as leases and manages manufactured housing communities. The company's Other segment operates as an insurance-linked securities investment fund manager. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.
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Markel logo

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$9.53 billion
Cash Flow$55.02 per share
Book Value$802.06 per share

Profitability

Net Income$1.79 billion

Miscellaneous

Employees18,600
Market Cap$12.30 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Markel (NYSE:MKL) Frequently Asked Questions

How has Markel's stock been impacted by COVID-19 (Coronavirus)?

Markel's stock was trading at $1,086.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MKL stock has decreased by 17.9% and is now trading at $892.43. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Markel's next earnings date?

Markel is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Markel.

How were Markel's earnings last quarter?

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

What price target have analysts set for MKL?

4 brokerages have issued 12-month price targets for Markel's stock. Their forecasts range from $1,100.00 to $1,325.00. On average, they anticipate Markel's stock price to reach $1,191.67 in the next year. This suggests a possible upside of 33.5% from the stock's current price. View analysts' price targets for Markel.

Has Markel been receiving favorable news coverage?

News coverage about MKL stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Markel earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMarkel.

Are investors shorting Markel?

Markel saw a decline in short interest in February. As of February 28th, there was short interest totaling 91,800 shares, a decline of 14.0% from the February 13th total of 106,800 shares. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is currently 2.3 days. Approximately 0.7% of the company's shares are short sold. View Markel's Current Options Chain.

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), Corning (GLW), Mastercard (MA), Berkshire Hathaway (BRK.B), Walt Disney (DIS), Paypal (PYPL), Netflix (NFLX), Arista Networks (ANET), Shopify (SHOP) and Starbucks (SBUX).

Who are Markel's key executives?

Markel's management team includes the following people:
  • Mr. Alan Irving Kirshner, Exec. Chairman (Age 83)
  • Mr. Richard Reeves Whitt III, Co-CEO & Director (Age 55)
  • Mr. Thomas Sinnickson Gayner, Co-CEO & Director (Age 58)
  • Mr. Bradley James Kiscaden, Pres & Chief Admin. Officer (Age 56)
  • Mr. Robert Chantry Cox, Pres & COO (Age 61)

What is Markel's stock symbol?

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

Who are Markel's major shareholders?

Markel's stock is owned by a variety of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling Markel stock?

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, Richard R Whitt III, and Steven A Markel. View insider buying and selling activity 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, Madison Asset Management LLC, Anchor Capital Advisors LLC, Weitz Investment Management Inc., Strs Ohio, USS Investment Management Ltd, Bank of Montreal Can, and UBS Group AG. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Markel's stock price today?

One share of MKL stock can currently be purchased for approximately $892.43.

How big of a company is Markel?

Markel has a market capitalization of $12.30 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 18,600 workers across the globe. View additional information about Markel.

What is Markel's official website?

The official website for Markel is http://www.markel.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 or via email at [email protected]


MarketBeat Community Rating for Markel (NYSE MKL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  587
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 3/29/2020 by MarketBeat.com Staff

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