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NYSE:MKL

Markel Stock Forecast, Price & News

$932.80
-19.80 (-2.08 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$913.04
Now: $932.80
$963.00
50-Day Range
$936.63
MA: $988.67
$1,052.22
52-Week Range
$710.52
Now: $932.80
$1,347.64
Volume69,198 shs
Average Volume52,844 shs
Market Capitalization$12.85 billion
P/E Ratio60.73
Dividend YieldN/A
Beta0.69
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, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that consist principally of fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance. The company's Reinsurance segment offers general liability, professional liability, workers' compensation, medical malpractice, and environmental impairment 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; and laminated oak and composite wood flooring, as well as ornamental plants and residential homes. This segment also provides healthcare, consulting, and others types of services to businesses and consumers, including management and technology consulting, behavioral healthcare, and retail intelligence. The company's Other segment operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.
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Markel logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.49 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP57053510
Phone804-747-0136
Employees18,600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.53 billion
Cash Flow$57.30 per share
Book Value$802.06 per share

Profitability

Net Income$1.79 billion

Miscellaneous

Market Cap$12.85 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$932.80
-19.80 (-2.08 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Markel (NYSE:MKL) Frequently Asked Questions

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

Markel's stock was trading at $1,086.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MKL stock has decreased by 14.2% and is now trading at $932.80.
View which stocks have been most impacted by COVID-19
.

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, February 2nd 2021.
View our earnings forecast for Markel
.

How were Markel's earnings last quarter?

Markel Co. (NYSE:MKL) posted its quarterly earnings results on Tuesday, February, 4th. The insurance provider reported $36.26 EPS for the quarter, topping analysts' consensus estimates of $7.07 by $29.19. The insurance provider earned $2.05 billion during the quarter, compared to the consensus estimate of $2.07 billion. Markel had a return on equity of 3.31% and a net margin of 2.66%.
View Markel's earnings history
.

What price target have analysts set for MKL?

4 equities research analysts have issued twelve-month price objectives for Markel's shares. Their forecasts range from $1,050.00 to $1,250.00. On average, they expect Markel's share price to reach $1,133.33 in the next year. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Markel
.

Are investors shorting Markel?

Markel saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 78,100 shares, a drop of 13.0% from the September 15th total of 89,800 shares. Based on an average trading volume of 42,400 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.6% of the shares of the stock are short sold.
View Markel's Short Interest
.

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), Mastercard (MA), Netflix (NFLX), PayPal (PYPL), Berkshire Hathaway (BRK.B), The Walt Disney (DIS), Shopify (SHOP), Visa (V), Corning (GLW) and Arista Networks (ANET).

Who are Markel's key executives?

Markel's management team includes the following people:
  • Mr. Thomas Sinnickson Gayner, Co-CEO & Director (Age 59, Pay $2.46M)
  • Mr. Richard Reeves Whitt III, Co-CEO & Director (Age 56, Pay $2.45M)
  • Mr. Bradley James Kiscaden, Pres & Chief Admin. Officer of Insurance Operations (Age 57, Pay $1.69M)
  • Mr. Robert Chantry Cox, Pres & COO of Insurance Operations (Age 62, Pay $1.67M)
  • Mr. Jeremy Andrew Noble CPA, Sr. VP & CFO (Age 44, Pay $978.22k)
  • Ms. Linda V. Schreiner, Sr. VP of Strategic Management (Age 60, Pay $876.61k)
  • Mr. Saurabh Madaan, Managing Director of Investments
  • Mr. Oscar Guerrero, Chief Accounting Officer (Age 51)
  • Mr. Richard Randolph Grinnan, Sr. VP, Chief Legal Officer & Sec. (Age 51)
  • Ms. Jennifer Blackwell, Deputy Chief Communications Officer

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 number of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (2.01%), Fenimore Asset Management Inc. (0.69%), Alta Capital Management LLC (0.54%), Confluence Investment Management LLC (0.36%), Wedge Capital Management L L P NC (0.35%) and Country Trust Bank (0.14%). Company insiders that own Markel stock include Alan I Kirshner, Anthony F Markel, Debora J Wilson, 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 Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, DAVENPORT & Co LLC, Confluence Investment Management LLC, Taylor Hoffman Wealth Management, Lafayette Investments Inc., and Kirr Marbach & Co. LLC IN. 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 bought by a variety of institutional investors in the last quarter, including Alta Capital Management LLC, Country Trust Bank, Wedge Capital Management L L P NC, BNP Paribas Arbitrage SA, Envestnet Asset Management Inc., Comerica Bank, Jacobsen Capital Management, and KBC Group NV. Company insiders that have bought Markel stock in the last two years include Debora J Wilson, 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 $932.80.

How big of a company is Markel?

Markel has a market capitalization of $12.85 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.

What is Markel's official website?

The official website for Markel is 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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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