NYSE:MKL - Markel Stock Price, Forecast & News

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

Markel Co. (NYSE:MKL) issued its quarterly earnings results on Tuesday, October, 29th. The insurance provider reported $13.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $7.55 by $6.40. The insurance provider earned $2 billion during the quarter, compared to analyst estimates of $2 billion. Markel had a net margin of 6.75% and a return on equity of 5.18%. View Markel's Earnings History.

Markel is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Markel.

4 brokers have issued twelve-month price targets for Markel's shares. Their forecasts range from $1,000.00 to $1,325.00. On average, they anticipate Markel's share price to reach $1,141.67 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for 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.

News coverage about MKL stock has been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Markel earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Markel.

Markel saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 131,000 shares, an increase of 5.6% from the December 31st total of 124,000 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is presently 3.7 days. Currently, 1.0% of the shares of the company are short sold. View Markel's Current Options Chain.

Some companies that are related to Markel include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Cincinnati Financial (CINF), Fidelity National Financial (FNF), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), Hanover Insurance Group (THG), Axis Capital (AXS) and Assured Guaranty (AGO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Markel investors own include Corning (GLW), NVIDIA (NVDA), Mastercard (MA), Netflix (NFLX), Paypal (PYPL), Walt Disney (DIS), Berkshire Hathaway (BRK.B), Arista Networks (ANET), Shopify (SHOP) and Starbucks (SBUX).

Markel's stock is owned by many different of retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (2.08%), California Public Employees Retirement System (0.83%), Fenimore Asset Management Inc. (0.67%), Douglass Winthrop Advisors LLC (0.54%), Anchor Capital Advisors LLC (0.40%) and Marathon Asset Management LLP (0.29%). Company insiders that own Markel stock include Alan I Kirshner, Anthony F Markel, K Bruce Connell, Lemuel E Lewis, Michael Jay Schewel, Nora N Crouch, Richard R Whitt III and Steven A Markel. View Institutional Ownership Trends for Markel.

MKL stock was sold by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Douglass Winthrop Advisors LLC, Tuttle Tactical Management, Nisa Investment Advisors LLC, Community Trust & Investment Co., FOURPOINTS Investment Managers S.A.S., State of Alaska Department of Revenue and Arthur M. Cohen & Associates LLC. Company insiders that have sold Markel company stock in the last year include Alan I Kirshner, Anthony F Markel, Nora N Crouch, Richard R Whitt III and Steven A Markel. View Insider Buying and Selling for Markel.

MKL stock was bought by a variety of institutional investors in the last quarter, including Anchor Capital Advisors LLC, Strs Ohio, DAVENPORT & Co LLC, California Public Employees Retirement System, Wedge Capital Management L L P NC, Lincoln Capital LLC, Corbenic Partners LLC and AlphaCore Capital LLC. Company insiders that have bought Markel stock in the last two years include K Bruce Connell, Lemuel E Lewis, Michael Jay Schewel and Nora N Crouch. View Insider Buying and Selling for 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.

One share of MKL stock can currently be purchased for approximately $1,172.27.

Markel has a market capitalization of $16.19 billion and generates $6.84 billion in revenue each year. The insurance provider earns $-128,180,000.00 in net income (profit) each year or $20.53 on an earnings per share basis. Markel employs 17,400 workers across the globe.View Additional Information About Markel.

The official website for Markel is http://www.markelcorp.com/.

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]