About Markel (NYSE:MKL)
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
Sub-IndustryProperty & Casualty Insurance
Trailing P/E Ratio44.8254460822343
Forward P/E Ratio34.82
Sales & Book Value
Annual Sales$6.06 billion
Price / Sales2.65
Cash Flow$18.24 per share
Price / Cash63.35
Book Value$683.97 per share
Price / Book1.69
Net Income$395.26 million
Return on Equity0.39%
Return on Assets0.12%
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, February, 6th. The insurance provider reported $6.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.55 by $1.91. The insurance provider earned $1.67 billion during the quarter, compared to analyst estimates of $1.58 billion. Markel had a net margin of 6.52% and a return on equity of 0.39%. View Markel's Earnings History.
When will Markel make its next earnings announcement?
Where is Markel's stock going? Where will Markel's stock price be in 2018?
4 equities research analysts have issued 12-month price objectives for Markel's shares. Their predictions range from $1,050.00 to $1,200.00. On average, they anticipate Markel's stock price to reach $1,150.00 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 Sampo (SAXPY), Aviva (AVVIY), Sun Life Financial (SLF), Legal & General Group (LGGNY), Willis Towers Watson (WLTW), Hartford Financial Services Group (HIG), Loews (L), Lincoln National (LNC), Hannover Rueck (HVRRY), XL Group (XL), CNA Financial (CNA), AEGON (AEG), Fairfax Financial (FRFHF), Arthur J Gallagher & Co (AJG), Cincinnati Financial (CINF), Arch Capital Group (ACGL), FNF Group of Fidelity National Financial (FNF) and Ageas (AGESY).
Who are Markel's key executives?
Markel's management team includes the folowing people:
- Alan I. Kirshner, Executive Chairman of the Board (Age 81)
- Thomas S. Gayner, Co-Chief Executive Officer, Director (Age 55)
- Richard Reeves Whitt III, Co-Chief Executive Officer, Director (Age 53)
- Steven Andrew Markel, Vice Chairman of the Board (Age 68)
- Anne G. Waleski, Chief Financial Officer, Executive Vice President, Vice President (Age 50)
- Bradley J. Kiscaden, Executive Vice President, Chief Actuarial Officer (Age 54)
- Britton L. Glisson, Chief Administrative Officer, President - Global Insurance (Age 60)
- Anthony F. Markel, Vice Chairman of the Board (Age 75)
- Stewart Michael Kasen, Lead Independent Director (Age 77)
- J. Alfred Broaddus Jr., Independent Director (Age 77)
Has Markel been receiving favorable news coverage?
Press coverage about MKL stock has trended somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Markel earned a coverage optimism score of 0.24 on Accern's scale. They also assigned news headlines about the insurance provider an impact score of 47.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Markel's major shareholders?
Markel's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.08%), Atlanta Capital Management Co. L L C (4.07%), DAVENPORT & Co LLC (2.06%), Broad Run Investment Management LLC (1.84%), Bessemer Group Inc. (1.29%) and Victory Capital Management Inc. (1.27%). Company insiders that own Markel stock include Alan I Kirshner, Anne G Waleski, Anthony F Markel, Bradley James Kiscaden, Darrell D Martin, 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 Avenir Corp, Beck Mack & Oliver LLC, Goldman Sachs Group Inc., Community Trust & Investment Co., DF Dent & Co. Inc., Deutsche Bank AG, Bank of Montreal Can and TIAA CREF Investment Management LLC. 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, 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 purchased by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Mar Vista Investment Partners LLC, Heritage Wealth Advisors, Victory Capital Management Inc., Mackenzie Financial Corp, Captrust Financial Advisors, Foundation Asset Management LP and Amundi Pioneer Asset Management Inc.. 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 $1,155.60.
How big of a company is Markel?
Markel has a market capitalization of $16.43 billion and generates $6.06 billion in revenue each year. The insurance provider earns $395.26 million in net income (profit) each year or $25.78 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 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.
Markel (NYSE:MKL) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Hold||Hold||Buy|
|Consensus Rating Score: ||2.50||2.33||2.33||2.50|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$1,150.00||$1,150.00||$1,066.67||$1,050.00|
|Price Target Upside: ||0.48% downside||4.93% upside||2.20% downside||2.61% upside|
Markel (NYSE:MKL) Consensus Price Target History
Markel (NYSE:MKL) Analyst Ratings History
(Data available from 3/23/2016 forward)
Markel (NYSE:MKL) Earnings History and Estimates Chart
Markel (NYSE MKL) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/6/2018||Q4 2017||$8.55||$6.64||$1.58 billion||$1.67 billion||View||N/A|
|10/25/2017||Q3 2017||($18.03)||($18.82)||$1.50 billion||$1.55 billion||View||N/A|
|7/26/2017||Q2 2017||$6.27||$9.94||$1.46 billion||$1.46 billion||View||N/A|
|4/26/2017||Q1 2017||$4.17||$2.82||$1.44 billion||$1.39 billion||View||N/A|
|2/8/2017||Q416||$5.23||$9.11||$1.37 billion||$1.43 billion||View||Listen|
|11/1/2016||Q3 2016||$7.68||$5.60||$1.09 billion||$1.40 billion||View||N/A|
|8/2/2016||Q2||$6.39||$5.41||$1.09 billion||$1.36 billion||View||N/A|
|5/3/2016||Q1 2016||$6.25||$10.90||$1.04 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|
|11/6/2013||Q313||$6.09||$4.67||$1.19 billion||$1.01 billion||View||N/A|
|8/7/2013||Q2 2013||$5.76||$2.24||$1.05 billion||$862.80 million||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|
Markel (NYSE:MKL) Earnings Estimates
2018 EPS Consensus Estimate: $36.88
2019 EPS Consensus Estimate: $38.20
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Markel (NYSE:MKL)
No dividend announcements for this company have been tracked by MarketBeat.com
Markel (NYSE MKL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.53%
Institutional Ownership Percentage: 78.12%
Markel (NYSE MKL) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/15/2018||Steven A Markel||Vice Chairman||Sell||200||$1,140.08||$228,016.00||105,840|| |
|3/1/2018||Steven A Markel||Vice Chairman||Sell||200||$1,115.37||$223,074.00|| |
|2/23/2018||Michael Jay Schewel||Director||Buy||225||$1,114.90||$250,852.50||5,990|| |
|2/15/2018||Steven A Markel||Vice Chairman||Sell||200||$1,125.96||$225,192.00||106,243|| |
|2/13/2018||Richard R Whitt III||CEO||Sell||200||$1,098.84||$219,768.00|| |
|2/9/2018||Richard R Whitt III||CEO||Sell||300||$1,060.02||$318,006.00||9,652|| |
|2/1/2018||Steven A Markel||Vice Chairman||Sell||200||$1,143.47||$228,694.00||106,360|| |
|1/18/2018||Steven A Markel||Vice Chairman||Sell||200||$1,109.32||$221,864.00||106,560|| |
|1/4/2018||Steven A Markel||Vice Chairman||Sell||200||$1,115.78||$223,156.00||106,712|| |
|1/2/2018||Alan I Kirshner||Insider||Sell||100||$1,133.50||$113,350.00|| |
|12/21/2017||Steven A Markel||Vice Chairman||Sell||200||$1,132.73||$226,546.00||107,210|| |
|12/8/2017||Anne G Waleski||EVP||Sell||838||$1,102.48||$923,878.24||4,150|| |
|12/7/2017||Steven A Markel||Vice Chairman||Sell||200||$1,100.58||$220,116.00||108,530|| |
|11/27/2017||Steven A Markel||Vice Chairman||Sell||200||$1,078.70||$215,740.00||108,761|| |
|11/9/2017||Steven A Markel||Vice Chairman||Sell||200||$1,071.94||$214,388.00||108,950|| |
|11/8/2017||Lemuel E Lewis||Director||Buy||1,000||$1,080.96||$1,080,960.00||5,294|| |
|10/30/2017||Anthony F. Markel||Vice Chairman||Sell||169||$1,096.26||$185,267.94|| |
|10/26/2017||Steven A Markel||Vice Chairman||Sell||200||$1,067.57||$213,514.00||109,220|| |
|10/12/2017||Steven A Markel||Vice Chairman||Sell||200||$1,082.68||$216,536.00|| |
|10/3/2017||Alan I Kirshner||Insider||Sell||100||$1,077.70||$107,770.00|| |
|9/28/2017||Steven A Markel||Vice Chairman||Sell||200||$1,065.64||$213,128.00||109,550|| |
|8/28/2017||Richard R Whitt III||CEO||Sell||100||$1,050.20||$105,020.00||11,239|| |
|8/23/2017||Richard R Whitt III||CEO||Sell||600||$1,045.93||$627,558.00||11,339|| |
|8/21/2017||Richard R Whitt III||CEO||Sell||100||$1,050.00||$105,000.00||11,939|| |
|8/15/2017||F. Michael Crowley||Vice Chairman||Sell||302||$1,047.20||$316,254.40||6,956|| |
|8/14/2017||Richard R Whitt III||CEO||Sell||100||$1,045.10||$104,510.00||12,039|| |
|8/7/2017||Richard R Whitt III||CEO||Sell||100||$1,061.10||$106,110.00||12,139|| |
|8/3/2017||Alan I Kirshner||Insider||Sell||100||$1,054.03||$105,403.00||25,555|| |
|8/2/2017||Bradley James Kiscaden||EVP||Sell||350||$1,074.56||$376,096.00||6,817|| |
|8/2/2017||Richard R Whitt III||CEO||Sell||100||$1,085.31||$108,531.00||12,239|| |
|8/1/2017||Steven A Markel||Vice Chairman||Sell||3,875||$1,074.48||$4,163,610.00||109,650|| |
|2/23/2017||Steven A Markel||Vice Chairman||Sell||2,000||$971.39||$1,942,780.00||111,478|| |
|2/13/2017||Nora N Crouch||Insider||Buy||10||$948.88||$9,488.80||2,568|| |
|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||24,971|| |
|5/19/2016||Anne G Waleski||CFO||Sell||746||$965.51||$720,270.46||4,677|| |
|5/19/2016||Richard R Whitt III||CEO||Sell||200||$962.82||$192,564.00||11,839|| |
|5/18/2016||F. Michael Crowley||President||Sell||2,000||$949.93||$1,899,860.00||10,175|| |
|5/16/2016||Steven A Markel||Vice Chairman||Sell||5,000||$955.94||$4,779,700.00||114,490|| |
|5/10/2016||Anthony F Markel||Vice Chairman||Sell||95||$961.00||$91,295.00||70,580|| |
|4/19/2016||Darrell D Martin||Director||Sell||364||$920.00||$334,880.00||13,368|| |
|4/14/2016||Darrell D Martin||Director||Sell||533||$920.00||$490,360.00||13,732|| |
|3/11/2016||Darrell D Martin||Director||Sell||1,000||$890.00||$890,000.00||14,265|| |
|2/25/2016||Darrell D Martin||Director||Sell||1,000||$870.00||$870,000.00||15,265|| |
|2/24/2016||Bradley James Kiscaden||EVP||Sell||350||$847.16||$296,506.00||7,482|| |
|2/17/2016||F. Michael Crowley||President||Sell||994||$841.05||$836,003.70||11,501|| |
|2/17/2016||Stewart M Kasen||Director||Sell||500||$841.00||$420,500.00||2,289|| |
|2/16/2016||Thomas Sinnickson Gayner||CEO||Sell||5,000||$826.03||$4,130,150.00||34,522|| |
|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|| |
Markel (NYSE MKL) News Headlines
Markel (NYSE:MKL) SEC Filings
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Markel (NYSE:MKL) Income Statement, Balance Sheet and Cash Flow Statement
Markel (NYSE MKL) Stock Chart for Friday, March, 23, 2018