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Markel (MKL) Stock

Profile

Country:

United States

IPO:

12 December 1986

Indexes:

Not included

Description:

Markel Corporation is an insurance, reinsurance, and investment holding company operating worldwide. Markel was founded in 1930, with its headquarters located in Richmond, Virginia. The "Insurance - U.S." segment includes all direct commercial and facultative insurance coverages underwritten by the Company's U.S.-based insurance subsidiaries. The "Insurance - International" segment includes all direct commercial and facultative insurance coverages underwritten by the Company's non-U.S.-based insurance subsidiaries, including Lloyd's of London syndicate. The "Reinsurance" segment includes all reinsurance contracts underwritten by the Company's structures.

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 01, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Sept 11, 1989

Analyst ratings

Recent major analysts updates

02 Dec '24 TD Cowen
Hold
01 Nov '24 RBC Capital
Sector Perform
09 Oct '24 Jefferies
Hold
23 July '24 Citigroup
Sell
09 July '24 TD Cowen
Buy
03 May '24 Truist Securities
Hold
03 May '24 RBC Capital
Sector Perform
15 Mar '24 Janney Montgomery Scott
Neutral
05 Feb '24 Jefferies
Hold
02 Feb '24 RBC Capital
Sector Perform

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Institutional Ownership

Markel hires David Pressman as Senior Underwriter, Marine Cargo
Markel hires David Pressman as Senior Underwriter, Marine Cargo
Markel hires David Pressman as Senior Underwriter, Marine Cargo
MKL
prnewswire.com21 November 2024

LONDON, Nov. 21, 2024 /PRNewswire/ -- Markel, part of Markel Group Inc. (NYSE: MKL), has announced that David Pressman has been appointed as Senior Underwriter for Marine Cargo, effective immediately. Pressman will help grow Markel's Marine Cargo portfolio in London by managing new and renewal business and building strong relationships with brokers to maintain high service standards.

Markel Group Stock Rises 16.5% Year to Date: Will the Rally Last?
Markel Group Stock Rises 16.5% Year to Date: Will the Rally Last?
Markel Group Stock Rises 16.5% Year to Date: Will the Rally Last?
MKL
zacks.com14 November 2024

MKL is in a strong position to expand due to rising interest rates, smart acquisitions, increased business activity, a strong financial foundation, and careful use of its capital.

Markel Group Inc. (MKL) Q3 2024 Earnings Call Transcript
Markel Group Inc. (MKL) Q3 2024 Earnings Call Transcript
Markel Group Inc. (MKL) Q3 2024 Earnings Call Transcript
MKL
seekingalpha.com31 October 2024

Markel Group Inc. (NYSE:MKL) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 9:30 AM ET. The call will feature company leaders including CEO Tom Gayner, CFO Brian Costanzo, and President of Insurance Operations Jeremy Noble. Participants from various financial institutions will also join the discussion, and the company may share forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995.

Markel Group Q3 Earnings Miss Estimates, Revenues Increase Y/Y
Markel Group Q3 Earnings Miss Estimates, Revenues Increase Y/Y
Markel Group Q3 Earnings Miss Estimates, Revenues Increase Y/Y
MKL
zacks.com31 October 2024

MKL's results for the third quarter show an increase in net investment income and a decrease in operating costs, but this was balanced out by a drop in earned premiums.

Markel Group reports 2024 third quarter and nine-months results
Markel Group reports 2024 third quarter and nine-months results
Markel Group reports 2024 third quarter and nine-months results
MKL
prnewswire.com30 October 2024

RICHMOND, Va., Oct. 30, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) has announced its financial performance for the third quarter of 2024.

Markel Group Inc. announces conference call date and time
Markel Group Inc. announces conference call date and time
Markel Group Inc. announces conference call date and time
MKL
prnewswire.com24 October 2024

RICHMOND, Va., Oct. 24, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) has announced that it will host a conference call on Thursday, October 31, 2024, starting at 9:30 am (Eastern Time) to talk about its quarterly results and recent business updates.

Markel appoints Jim Hinchley as Chief Retail Officer
Markel appoints Jim Hinchley as Chief Retail Officer
Markel appoints Jim Hinchley as Chief Retail Officer
MKL
prnewswire.com21 October 2024

RICHMOND, Va., Oct. 21, 2024 /PRNewswire/ -- Markel, part of Markel Group Inc. (NYSE: MKL), has announced that Jim Hinchley will be the new Chief Retail Officer for its Specialty division.

What Makes Markel Group (MKL) a New Strong Buy Stock
What Makes Markel Group (MKL) a New Strong Buy Stock
What Makes Markel Group (MKL) a New Strong Buy Stock
MKL
zacks.com16 October 2024

Markel Group (MKL) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #1 (Strong Buy).

VOOM Launches Electric Bike Insurance
VOOM Launches Electric Bike Insurance
VOOM Launches Electric Bike Insurance
MKL
prnewswire.com14 October 2024

VOOM Insurance has introduced a new insurance option for electric bikes, enhancing its innovative motorcycle insurance services. This flexible and comprehensive coverage is designed for e-bike and bicycle owners. The announcement was made on October 14, 2024, in Palo Alto, California.

Markel Stock: High-Quality At A Discount
Markel Stock: High-Quality At A Discount
Markel Stock: High-Quality At A Discount
MKL
seekingalpha.com14 October 2024

Markel's stock is priced much lower than similar companies, even though it has good investment income and better underwriting, which makes it a good option for investors. With an investment portfolio of around $30 billion and Markel Ventures valued at $6 billion, there is a strong safety net. The company has increased its book value by 11% each year and is likely to keep growing at a steady rate, despite some fluctuations in earnings.

FAQ

  • What is the primary business of Markel?
  • What is the ticker symbol for Markel?
  • Does Markel pay dividends?
  • What sector is Markel in?
  • What industry is Markel in?
  • What country is Markel based in?
  • When did Markel go public?
  • Is Markel in the S&P 500?
  • Is Markel in the NASDAQ 100?
  • Is Markel in the Dow Jones?
  • When was Markel's last earnings report?
  • When does Markel report earnings?
  • Should I buy Markel stock now?

What is the primary business of Markel?

Markel Corporation is an insurance, reinsurance, and investment holding company operating worldwide. Markel was founded in 1930, with its headquarters located in Richmond, Virginia. The "Insurance - U.S." segment includes all direct commercial and facultative insurance coverages underwritten by the Company's U.S.-based insurance subsidiaries. The "Insurance - International" segment includes all direct commercial and facultative insurance coverages underwritten by the Company's non-U.S.-based insurance subsidiaries, including Lloyd's of London syndicate. The "Reinsurance" segment includes all reinsurance contracts underwritten by the Company's structures.

What is the ticker symbol for Markel?

The ticker symbol for Markel is NYSE:MKL

Does Markel pay dividends?

No, Markel does not pay dividends

What sector is Markel in?

Markel is in the Financial Services sector

What industry is Markel in?

Markel is in the Insurance - Property & Casualty industry

What country is Markel based in?

Markel is headquartered in United States

When did Markel go public?

Markel's initial public offering (IPO) was on 12 December 1986

Is Markel in the S&P 500?

No, Markel is not included in the S&P 500 index

Is Markel in the NASDAQ 100?

No, Markel is not included in the NASDAQ 100 index

Is Markel in the Dow Jones?

No, Markel is not included in the Dow Jones index

When was Markel's last earnings report?

Markel's most recent earnings report was on 31 October 2024

When does Markel report earnings?

The next expected earnings date for Markel is 31 January 2025

Should I buy Markel stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions