NYSE:MKL

Markel Group (MKL) Stock Price, News & Analysis

$1,442.47
-8.48 (-0.58%)
(As of 03:03 PM ET)
Today's Range
$1,433.06
$1,450.09
50-Day Range
$1,423.90
$1,527.36
52-Week Range
$1,272.43
$1,560.00
Volume
17,547 shs
Average Volume
48,060 shs
Market Capitalization
$18.81 billion
P/E Ratio
9.81
Dividend Yield
N/A
Price Target
$1,450.00

Markel Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
0.5% Upside
$1,450.00 Price Target
Short Interest
Healthy
1.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
1.17mentions of Markel Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$242,942 Bought Last Quarter
Proj. Earnings Growth
23.31%
From $80.08 to $98.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

Multi-Sector Conglomerates Sector

6th out of 18 stocks

Fire, Marine, & Casualty Insurance Industry

26th out of 50 stocks

MKL stock logo

About Markel Group Stock (NYSE:MKL)

Markel Group Inc., a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. It also offers credit and surety products, and collateral protection insurance products. In addition, the company offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products comprising credit and surety, workers' compensation, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence and national terror pools. Further, it provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as healthcare, leasing, and investment services. Additionally, the company operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, traditional reinsurance contracts, industry loss warranties and other financial instruments; and program services. It also manages funds with third parties. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is based in Glen Allen, Virginia.

MKL Stock Price History

MKL Stock News Headlines

Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
How Is The Market Feeling About Markel Group?
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
MKL Apr 2024 1080.000 put
Markel Group Inc.
MKL Apr 2024 1470.000 call
Markel: Buybacks Are A Good Sign
Markel Group Appoints EVP Mike Heaton To Addl. Role Of COO
Why You Should Invest In Midsize Companies
Decoding Markel Group Inc (MKL): A Strategic SWOT Insight
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/26/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
57053510
Employees
21,600
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$1,450.00
High Stock Price Target
$1,600.00
Low Stock Price Target
$1,275.00
Potential Upside/Downside
+0.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$2.00 billion
Pretax Margin
16.79%

Debt

Sales & Book Value

Annual Sales
$15.80 billion
Cash Flow
$167.06 per share
Book Value
$1,094.24 per share

Miscellaneous

Free Float
12,814,000
Market Cap
$18.89 billion
Optionable
Optionable
Beta
0.70

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Key Executives

  • Mr. Thomas Sinnickson GaynerMr. Thomas Sinnickson Gayner (Age 63)
    Chief Investment Officer, CEO & Director
    Comp: $2.68M
  • Mr. Brian Jeffrey Costanzo (Age 45)
    CFO & Chief Financial Officer of Markel Insurance Operations
    Comp: $739.97k
  • Mr. Michael R. Heaton (Age 47)
    Executive VP & COO
    Comp: $1.69M
  • Mr. Richard Randolph Grinnan (Age 55)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $1.09M
  • Mr. Jeremy Andrew Noble CPA (Age 48)
    President of Markel Insurance Operations & President of Global Insurance Engine
    Comp: $1.69M
  • Ms. Meade P. Grandis
    Chief Accounting Officer & Controller
  • Ms. Jennifer Blackwell
    Deputy Chief Communications Officer
  • Mr. Paul Broughton
    Managing Director of Marketing
  • Mr. Frederick W. May Jr.
    Vice President of Sales & Business Development
  • Mr. Jeff Lamb
    Executive Director of Programs and Alliances - Markel Specialty

Should I Buy Markel Group Stock? MKL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Markel Group Inc.:

  • Markel Group Inc. offers a diverse range of specialty insurance products, providing investors exposure to various segments of the insurance industry.
  • The company has a strong track record of underwriting and managing specialty insurance products, showcasing its expertise in risk assessment and management.
  • Markel Group Inc. engages in investment management, offering a range of investment products such as insurance-linked securities and catastrophe bonds, potentially diversifying revenue streams.
  • Recent developments indicate positive growth prospects for Markel Group Inc., with potential for increased market share and profitability.
  • Investors may find the current stock price of Markel Group Inc. attractive, presenting a potential opportunity for capital appreciation.

Cons

Investors should be bearish about investing in Markel Group Inc. for these reasons:

  • Markel Group Inc. operates in the competitive insurance industry, facing challenges such as pricing pressures and regulatory changes that could impact profitability.
  • As a holding company with diverse operations, Markel Group Inc. may face complexities in managing different business segments effectively.
  • Fluctuations in interest rates and investment markets could affect the investment portfolio performance of Markel Group Inc., impacting overall financial results.
  • Market conditions and economic uncertainties may pose risks to the insurance and investment businesses of Markel Group Inc., affecting revenue and earnings.
  • Investors should carefully assess the potential risks associated with investing in Markel Group Inc., considering factors like industry cyclicality and external market influences.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Markel Group pros and cons to contact@marketbeat.com.

MKL Stock Analysis - Frequently Asked Questions

Should I buy or sell Markel Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markel Group in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" MKL shares.
View MKL analyst ratings
or view top-rated stocks.

What is Markel Group's stock price target for 2024?

5 analysts have issued 12 month price targets for Markel Group's shares. Their MKL share price targets range from $1,275.00 to $1,600.00. On average, they predict the company's stock price to reach $1,450.00 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for MKL
or view top-rated stocks among Wall Street analysts.

How have MKL shares performed in 2024?

Markel Group's stock was trading at $1,419.90 on January 1st, 2024. Since then, MKL shares have increased by 1.6% and is now trading at $1,443.28.
View the best growth stocks for 2024 here
.

When is Markel Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our MKL earnings forecast
.

How can I listen to Markel Group's earnings call?

Markel Group will be holding an earnings conference call on Thursday, May 2nd at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Markel Group's earnings last quarter?

Markel Group Inc. (NYSE:MKL) announced its quarterly earnings results on Wednesday, January, 31st. The insurance provider reported $56.48 EPS for the quarter, beating analysts' consensus estimates of $23.58 by $32.90. The insurance provider earned $3.71 billion during the quarter, compared to analysts' expectations of $3.75 billion. Markel Group had a trailing twelve-month return on equity of 11.22% and a net margin of 12.63%.

What is Alan I. Kirshner's approval rating as Markel Group's CEO?

99 employees have rated Markel Group Chief Executive Officer Alan I. Kirshner on Glassdoor.com. Alan I. Kirshner has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Markel Group own?

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

Who are Markel Group's major shareholders?

Markel Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Scharf Investments LLC (0.94%), Global Assets Advisory LLC (0.67%), Check Capital Management Inc. CA (0.59%), Confluence Investment Management LLC (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Alta Capital Management LLC (0.23%). Insiders that own company stock include A Lynne Puckett, Anthony F Markel, Greta J Harris, Lawrence A Cunningham, Morgan E Housel, Richard R Whitt III, Steven A Markel and Thomas Sinnickson Gayner.
View institutional ownership trends
.

How do I buy shares of Markel Group?

Shares of MKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Markel Group have any subsidiaries?
The following companies are subsidiares of Markel Group: Abbey Protection Plc, Allsport Insurance Marketing Ltd, Alterra Capital Holdings, Alterra Capital Holdings Limited, Black/White & Associates Insurance Brokers, Brahmin Leather Works LLC, Bridge Underwriting AB, Buckner Heavylift Cranes LLC, CapTech Ventures Inc., Caunce O'Hara & Company Limited, City National Insurance Company, Costa Farms, Costa Farms Holdings LLC, Cottrell Inc., Eagle Construction of Va. LLC, Ellicott Dredge Enterprises LLC, Essentia Insurance Company, Evanston Insurance Company, FSB Insurance Service Limited, FirstComp Insurance Company, Galleon Marine Insurance Agency Limited, Havco WP LLC, Independent Specialty Insurance Company, Lansing Building Products LLC, Lodgepine Capital Management Limited, MINT Canadian Specialty Underwriters Limited, MKL Services Company, Markel American Insurance Company, Markel Aspen Inc., Markel Bermuda Limited, Markel CATCo Investment Management Ltd., Markel CATCo Re Ltd., Markel CATCo Reinsurance Fund Ltd., Markel Canada Limited, Markel Capital Limited, Markel Consultancy Services Limited, Markel Eagle Investment II LLC, Markel Eagle Investment LLC, Markel Food Group Inc., Markel Global Reinsurance Company, Markel Holdings GmbH, Markel India Investments Inc., Markel Insurance Company, Markel Insurance S.E., Markel International Dubai Limited, Markel International Holdings Delaware Limited, Markel International Hong Kong Limited, Markel International Insurance Company Limited, Markel International Labuan Limited, Markel International Singapore Pte. Limited, Markel Law LLP, Markel Protection Limited, Markel Service Incorporated, Markel Services India Private Limited, Markel Surety Holding Corporation, Markel Syndicate Management Limited, Markel Ventures Inc., Markel West Inc., Metromont, Metromont LLC, National Specialty Insurance Company, Nautical Management Ltd., Nephila Advisors LLC, Nephila Capital, Nephila Capital Ltd., Nephila Holdings Ltd., Nephila Syndicate Management Limited, Panel Specialists Inc., ParkLand Ventures Inc., PartnerMD LLC, Pinnacle National Insurance Company, Prairie State Administrative Services Inc., Retail Data LLC, Rosemont Investment Group LLC, Rubik Reinsurance Ltd., Schouten Insurance International B.V., State National Companies, State National Companies Inc., State National Insurance Company Inc., Superior Specialty Insurance Company, SureTec Financial Corp., SureTec Insurance Company, Surety International SPC, T.B.A. Insurance Group Ltd., Terra Nova Holdings Ltd, Thompson Insurance Enterprises, United Specialty Insurance Company, VSC Fire & Security Inc., Volante DIFC Ltd, Volante Germany GmbH, Volante International Limited, Volante Specialty Risk LLC, and Weldship LLC.
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This page (NYSE:MKL) was last updated on 4/26/2024 by MarketBeat.com Staff

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