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MKL

MKL - Markel Corp Stock Price, Fair Value and News

1462.86USD-16.79 (-1.13%)Market Closed

Market Summary

MKL
USD1462.86-16.79
Market Closed
-1.13%

MKL Stock Price

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MKL RSI Chart

MKL Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

9.61

Price/Sales (Trailing)

1.21

EV/EBITDA

6.2

Price/Free Cashflow

7.59

MKL Price/Sales (Trailing)

MKL Profitability

EBT Margin

16.79%

Return on Equity

13.32%

Return on Assets

3.63%

Free Cashflow Yield

13.18%

MKL Fundamentals

MKL Revenue

Revenue (TTM)

15.8B

Rev. Growth (Yr)

10.25%

Rev. Growth (Qtr)

37.55%

MKL Earnings

Earnings (TTM)

2.0B

Earnings Growth (Yr)

11.23%

Earnings Growth (Qtr)

1.7K%

Breaking Down MKL Revenue

Last 7 days

2.4%

Last 30 days

-3.2%

Last 90 days

-0.6%

Trailing 12 Months

11.0%

How does MKL drawdown profile look like?

MKL Financial Health

Debt/Equity

0.25

Debt/Cashflow

0.74

MKL Investor Care

Buy Backs (1Y)

2.23%

Diluted EPS (TTM)

146.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202312.7B15.1B15.4B15.8B
202212.6B10.8B11.2B11.7B
202112.3B12.7B12.4B12.8B
20209.6B9.6B9.7B9.7B
20197.7B8.2B8.0B9.5B
20186.2B6.7B7.5B6.8B
20175.6B5.8B5.8B6.1B
20165.4B5.5B5.6B5.6B
20155.2B5.2B5.3B5.4B
20144.7B5.0B5.1B5.1B
20133.1B3.4B3.9B4.3B
20122.7B2.8B2.9B3.0B
20112.3B2.4B2.6B2.6B
20102.1B2.1B2.2B2.2B
20092.0B2.0B2.0B2.1B
20080002.0B
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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Markel Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
noble jeremy andrew
acquired
5,399
1,220
4.4226
president, insurance
Mar 28, 2024
crowley andrew g.
acquired
15,000
1,220
12.2851
president, markel ventures
Mar 28, 2024
costanzo brian j.
acquired
2,399
1,220
1.9656
chief financial officer
Feb 20, 2024
grandis meade p.
acquired
-
-
16.00
cao and controller
Feb 20, 2024
grinnan richard randolph
acquired
-
-
465
svp, chief legal officer & sec
Feb 20, 2024
costanzo brian j.
acquired
-
-
108
chief financial officer
Feb 20, 2024
costanzo brian j.
acquired
-
-
94.00
chief financial officer
Feb 20, 2024
gayner thomas sinnickson
acquired
-
-
1,041
chief executive officer
Feb 20, 2024
heaton michael r
acquired
-
-
800
executive vice president
Feb 20, 2024
crowley andrew g.
acquired
-
-
151
president, markel ventures

1–10 of 50

Which funds bought or sold MKL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
added
60.00
4,489
11,489
0.01%
Apr 23, 2024
Principle Wealth Partners LLC
added
100
1,196,200
2,242,660
0.09%
Apr 23, 2024
Canal Capital Management, LLC
sold off
-100
-222,924
-
-%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
2,344
39,558
-%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-1,420
-
-%
Apr 23, 2024
CIGNA INVESTMENTS INC /NEW
new
-
215,000
215,000
0.04%
Apr 23, 2024
FIFTH THIRD BANCORP
added
12.28
49,321
292,124
-%
Apr 23, 2024
KIRR MARBACH & CO LLC /IN/
reduced
-1.08
686,772
12,136,800
2.93%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
992
15,191
-%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
reduced
-6.13
120,414
20,689,100
0.34%

1–10 of 50

Are Funds Buying or Selling MKL?

Are funds buying MKL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MKL
No. of Funds

Unveiling Markel Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.02%
1,191,714
SC 13G/A
Jan 29, 2024
blackrock inc.
5.8%
762,961
SC 13G
Feb 09, 2023
vanguard group inc
8.99%
1,208,726
SC 13G/A
Feb 24, 2022
blackrock inc.
4.5%
619,942
SC 13G/A
Feb 10, 2021
vanguard group inc
8.82%
1,215,423
SC 13G/A
Jan 29, 2021
blackrock inc.
6.0%
824,768
SC 13G/A
Feb 12, 2020
vanguard group inc
8.86%
1,224,995
SC 13G/A
Feb 05, 2020
blackrock inc.
6.6%
917,249
SC 13G/A

Recent SEC filings of Markel Corp

View All Filings
Date Filed Form Type Document
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 05, 2024
PX14A6G
PX14A6G
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Mar 06, 2024
ARS
ARS
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Feb 27, 2024
4
Insider Trading

Peers (Alternatives to Markel Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.3B
-2.55% 3152.72%
-4.8K
761.86
-10.27% -34.69%
51.3B
10.1B
-3.58% 14.29%
52.91
5.1
17.79% -12.97%
51.1B
46.8B
-2.09% 47.18%
14.02
1.09
-14.05% -64.38%
48.9B
42.9B
-5.35% 20.38%
15.57
1.14
13.52% 12.15%
48.6B
18.7B
-0.62% 28.14%
10.44
2.6
-2.30% 5.45%
34.9B
13.6B
2.42% 28.38%
7.85
2.56
41.83% 201.02%
10.8B
7.8B
-3.33% 8.21%
12.73
1.39
11.18% -5.12%
MID-CAP
10.0B
12.4B
-2.20% 29.55%
7.75
0.8
3.35% -8.77%
9.2B
11.1B
-2.47% 51.84%
14.32
0.83
9.21% 132.28%
4.9B
11.6B
-4.15% 40.05%
-6.46
0.42
-38.09% -155.38%
4.4B
2.8B
-0.21% 50.85%
21.12
1.57
100.59% -89.04%
SMALL-CAP
1.6B
1.2B
-3.50% 9.50%
-18.22
1.35
24.25% -115.79%
974.4M
306.9M
3.35% -3.65%
15.69
3.18
4.11% 11.70%
657.6M
269.0M
-4.02% -5.70%
146.13
2.44
-46.68% -99.14%
39.0M
186.8M
-31.29% -16.04%
-227.89
0.21
-0.56% -111.21%

Markel Corp News

Latest updates
Nasdaq • 16 Apr 2024 • 04:29 pm
Zacks Investment Research • 5 months ago
The Motley Fool • 6 months ago

Markel Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue37.5%4,6433,3754,1433,6434,2113,0661,7922,6063,7582,6873,5012,9003,3562,9123,1322,8572,5822,0332,4392,4721,043
Costs and Expenses6.3%3,5103,3023,1722,8893,1542,9992,9692,6462,5832,4462,4222,1552,2112,2191,8902,1411,8281,7711,7731,6781,975
EBITDA Margin-0.20*-0.21*0.09*0.04*0.05*0.07*0.23*0.28*0.28*0.30*0.32*0.15*--------
Interest Expenses-1.5%44.0045.0047.0049.0049.0047.0050.0050.0048.0046.0047.0042.0044.0043.0045.0045.0043.0047.0041.0040.0039.00
Income Taxes1394.3%21314.0019213419216.00-238-18.1426454.00217148166130244-37012958.00144155-177
Earnings Before Taxes1391.5%1,00768.00908672904133-1,121-66.951,1372441,0207281,0135841,175-1,772641262650733-930
EBT Margin1.2%0.17*0.17*0.17*0.05*-0.01*0.01*0.02*0.19*0.24*0.24*0.26*0.28*---------
Net Income1706.3%76943.0069648969260.00-915-51.74869188792574847453922-1,405512204506578-753
Net Income Margin1.2%0.13*0.12*0.13*0.03*-0.02*0.00*0.01*0.14*0.19*0.19*0.21*0.23*---------
Free Cashflow-18.3%719880682247784861447363587784470287---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.4%55,04652,74952,18450,94249,79148,42147,94748,98548,47746,69645,64243,04341,71040,17039,06836,04937,47437,03636,42234,73733,306
    Cash Equivalents-14.0%3,7474,3554,3064,0324,1374,7964,9115,2084,8814,5074,3524,4985,2175,2635,6274,4583,5003,2002,6412,7642,396
  Goodwill0.0%2,6252,6232,6272,6432,6392,7972,7702,7742,8992,6952,6062,6052,6052,6052,6072,3102,3092,1882,1892,2162,238
Liabilities3.4%39,52038,22637,48136,66136,05435,55034,68434,39833,27632,42431,41529,62328,65028,02127,44326,16126,21826,23625,85724,77024,032
  Long Term Debt0.3%3,7803,7693,8143,8974,1044,1314,5024,4294,3614,2684,1603,5653,4843,4983,6063,5943,5343,8973,6263,0593,010
Shareholder's Equity7.0%14,98413,99914,23913,78913,1513,48312,8316.0022214,03914,02037012,82250016.009,7328.002326,8089,79620.00
  Retained Earnings5.3%11,35310,77910,81910,2559,8339,2569,29010,27810,4479,6509,5048,7558,1957,3776,9486,0397,4576,9896,8086,3395,782
Minority Interest28.9%72.0056.0054.0045.0063.0065.0011.006.0023.0023.0023.0021.0015.0014.0016.0012.008.0011.0017.0022.0020.00
Float---18,051-------17,203---12,437---14,711--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-13.9%82395672428482995950641565280949531847677342366.0056246323019.00130
Cashflow From Investing-40.4%-1,360-969-265-108-386-879-353-49.98-205-495-1,159-1,077-534-1,031147907122-135-863342-344
Cashflow From Financing-18.3%-200-169-217-412-104-104-367-18.85-69.62-12451154.00-41.06-13158721.00-411250520-0.07-7.22
  Buy Backs-217-10582.0010682.00-79.00115-39.0022.003.00-0.0024.0050.0013.00-38.0029.00

MKL Income Statement

2023-12-31
Consolidated Statements Of Income (Loss) And Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUES   
Earned premiums$ 8,295,479$ 7,587,792$ 6,503,029
Net investment income734,532446,755367,417
Net investment gains (losses)1,524,054(1,595,733)1,978,534
Products revenues2,545,0532,427,0961,712,120
Services and other revenues2,704,5122,809,4252,285,325
Total operating revenues15,803,63011,675,33512,846,425
OPERATING EXPENSES   
Losses and loss adjustment expenses5,322,0094,445,5893,581,205
Underwriting, acquisition and insurance expenses2,840,7342,515,5832,293,739
Products expenses2,220,6762,241,7361,544,506
Services and other expenses2,310,7692,306,9852,024,931
Amortization of intangible assets180,614[1]178,778[2]160,539[3]
Impairment of goodwill080,0000
Total Operating Expenses12,874,80211,768,6719,604,920
Operating Income (Loss)2,928,828(93,336)3,241,505
Interest expense(185,077)(196,062)(183,579)
Net foreign exchange gains (losses)(90,045)137,83271,902
Income (Loss) Before Income Taxes2,653,706(151,566)3,129,828
Income tax (expense) benefit(552,616)48,209(683,961)
Net Income (Loss)2,101,090(103,357)2,445,867
Net income attributable to noncontrolling interests(105,030)(112,920)(22,732)
Net Income (Loss) to Shareholders1,996,060(216,277)2,423,135
Preferred stock dividends(36,000)(36,000)(36,000)
Net Income (Loss) to Common Shareholders1,960,060(252,277)2,387,135
OTHER COMPREHENSIVE INCOME (LOSS)   
Net holding gains (losses) arising during the period278,363(1,199,736)(398,076)
Reclassification adjustments for net gains (losses) included in net income (loss)28,54044,906(6,623)
Change in net unrealized gains (losses) on available-for-sale investments, net of taxes306,903(1,154,830)(404,699)
Change in discount rate for life and annuity benefits, net of taxes(22,343)149,87449,411
Change in foreign currency translation adjustments, net of taxes4,704(9,259)(213)
Change in net actuarial pension loss, net of taxes7424,7308,390
Total Other Comprehensive Income (Loss)289,338(989,485)(347,111)
Comprehensive Income (Loss)2,390,428(1,092,842)2,098,756
Comprehensive income attributable to noncontrolling interests(105,084)(112,937)(22,730)
Comprehensive Income (Loss) to Shareholders$ 2,285,344$ (1,205,779)$ 2,076,026
NET INCOME (LOSS) PER COMMON SHARE   
Basic (dollars per share)$ 147.32$ (23.72)$ 176.79
Diluted (dollars per share)$ 146.98[4],[5]$ (23.72)$ 176.38
[1]Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets attributable to the Company's underwriting segments, included in Other, was $37.1 million for the year ended December 31, 2023.
[2]Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets attributable to the Company's underwriting segments, included in Other, was $38.5 million for the year ended December 31, 2022.
[3]Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets attributable to the Company's underwriting segments, included in Other, was $41.2 million for the year ended December 31, 2021.
[4]The impact of 33 thousand shares from restricted stock units and restricted stock was excluded from the computation of diluted net loss per common share for the year ended December 31, 2022 because the effect would have been anti-dilutive.
[5]    The Company has issued grants and awards of restricted stock units to employees as performance, retention or hiring incentives, as well as awards of restricted stock to non-employee directors, under its equity incentive compensation plan. At December 31, 2023, there were 86,144 shares available for future awards under the Company's equity incentive compensation plan.

MKL Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Fixed maturity securities, available-for-sale (amortized cost of $14,932,286 in 2023 and $12,805,887 in 2022)$ 14,372,732$ 11,856,835
Equity securities (cost of $3,497,071 in 2023 and $3,100,040 in 2022)9,577,8717,671,912
Short-term investments, available-for-sale (estimated fair value approximates cost)2,571,3822,669,262
Total Investments26,521,98522,198,009
Cash and cash equivalents3,747,0604,137,432
Restricted cash and cash equivalents584,9741,084,081
Receivables3,455,3062,961,056
Reinsurance recoverables9,235,5018,446,745
Deferred policy acquisition costs931,344925,483
Prepaid reinsurance premiums2,365,2432,066,114
Goodwill[1]2,624,7492,638,838
Intangible assets1,588,6841,747,464
Other assets3,990,8643,586,037
Total Assets55,045,71049,791,259
LIABILITIES AND EQUITY  
Unpaid losses and loss adjustment expenses23,483,32120,947,898
Life and annuity benefits649,054650,721
Unearned premiums6,642,4266,220,748
Payables to insurance and reinsurance companies1,037,722669,742
Senior long-term debt and other debt (estimated fair value of $3,353,000 in 2023 and $3,541,000 in 2022)3,779,7964,103,629
Other liabilities3,927,4983,461,482
Total Liabilities39,519,81736,054,220
Redeemable noncontrolling interests469,685523,154
Commitments and contingencies
Shareholders' equity:  
Preferred stock591,891591,891
Common stock3,517,1463,493,893
Retained earnings11,353,1019,832,804
Accumulated other comprehensive loss(478,210)(767,494)
Total Shareholders' Equity14,983,92813,151,094
Noncontrolling interests72,28062,791
Total Equity15,056,20813,213,885
Total Liabilities and Equity$ 55,045,710$ 49,791,259
[1]As of December 31, 2023 and 2022, goodwill was net of accumulated impairment losses of $190.6 million, of which $171.9 million was in Other and $18.7 million was in Markel Ventures.
MKL
Markel Group Inc., a diverse financial holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. 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, accident and health, 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, and weather derivatives; 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.
 CEO
 WEBSITEmarkel.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES20900

Markel Corp Frequently Asked Questions


What is the ticker symbol for Markel Corp? What does MKL stand for in stocks?

MKL is the stock ticker symbol of Markel Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Markel Corp (MKL)?

As of Wed Apr 24 2024, market cap of Markel Corp is 19.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MKL stock?

You can check MKL's fair value in chart for subscribers.

What is the fair value of MKL stock?

You can check MKL's fair value in chart for subscribers. The fair value of Markel Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Markel Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MKL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Markel Corp a good stock to buy?

The fair value guage provides a quick view whether MKL is over valued or under valued. Whether Markel Corp is cheap or expensive depends on the assumptions which impact Markel Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MKL.

What is Markel Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MKL's PE ratio (Price to Earnings) is 9.61 and Price to Sales (PS) ratio is 1.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MKL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Markel Corp's stock?

In the past 10 years, Markel Corp has provided 0.09 (multiply by 100 for percentage) rate of return.