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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.

Key Details

Price

$1785.11

Annual Revenue

$15.71 B(+33.02% YoY)

Annual EPS

$146.98(+719.65% YoY)

PE Ratio

8.23(-20.10% YoY)

Beta

0.51

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

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
08 Jan '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, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of David Pressman as Senior Underwriter – Marine Cargo, with immediate effect. Pressman will support the profitable expansion of Markel's Marine Cargo portfolio in London, by servicing new and renewal business as well as fostering strong relationships with broker partners, ensuring high service levels are maintained.

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 well-poised to grow on rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.

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 ) Q3 2024 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Tom Gayner - Chief Executive Officer Brian Costanzo - Chief Financial Officer Jeremy Noble - President, Insurance Operations Conference Call Participants Andrew Anderson - Jefferies Andrew Kligerman - TD Cowen Mark Hughes - Truist Scott Heleniak - RBC Operator Good morning, and welcome to the Markel Group Third Quarter 2024 Conference Call. [Operator Instructions] During the call today, we may make forward-looking statements within the meaning of 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 Q3 results reflect improved net investment income and reduced operating expenses, offset by lower 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) today reported its financial results 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) announced today it will hold a conference call on Thursday, October 31, 2024 beginning at 9:30 am (Eastern Time) to discuss quarterly results and business developments.

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, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jim Hinchley has been named Chief Retail Officer for Markel's 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) might move higher on growing optimism about its earnings prospects, which is reflected 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

With this new offering, that expands VOOM's innovative motorcycle insurance offering, e-bike and other bicycle owners will pay get a flexible and comprehensive insurance coverage PALO ALTO, Calif. , Oct. 14, 2024 /PRNewswire/ -- VOOM Insurance, the leading InsurTech company for the future of mobility, announced today that it has launched its insurance offering for Electric Bikes.

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 stock trades at a significant discount to peers, despite strong investment income and improved underwriting, making it an attractive entry point for investors. The company's investment portfolio, worth ~$30 billion, and Markel Ventures, valued at $6 billion, provide a substantial margin of safety. Markel has compounded book value at 11% annually and is expected to continue growing at low double-digit rates, despite earnings volatility.

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 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions