MKL - Markel Corp Stock Price, Fair Value and News

1581.83USD+5.28 (+0.33%)Delayed

Market Summary

USD1581.83+5.28

Delayed

0.33%

MKL Alerts

Big jump in Earnings (Y/Y)

MKL Stock Price

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MKL RSI Chart

MKL Valuation

Market Cap

20.6B

Price/Earnings (Trailing)

8.12

Price/Sales (Trailing)

1.24

EV/EBITDA

5.35

Price/Free Cashflow

7.24

MKL Price/Sales (Trailing)

MKL Profitability

EBT Margin

19.99%

Return on Equity

16.01%

Return on Assets

4.42%

Free Cashflow Yield

13.81%

MKL Fundamentals

MKL Revenue

Revenue (TTM)

16.6B

Rev. Growth (Yr)

22.6%

Rev. Growth (Qtr)

-3.79%

MKL Earnings

Earnings (TTM)

2.5B

Earnings Growth (Yr)

109.8%

Earnings Growth (Qtr)

33.26%

Breaking Down MKL Revenue

Last 7 days

10.1%

Last 30 days

5.9%

Last 90 days

12%

Trailing 12 Months

18.4%

How does MKL drawdown profile look like?

MKL Financial Health

Debt/Equity

0.24

Debt/Cashflow

0.81

MKL Investor Care

Buy Backs (1Y)

2.58%

Diluted EPS (TTM)

185.05

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	16.6B	0	0	0
2023	12.7B	15.1B	15.4B	15.8B
2022	12.6B	10.8B	11.2B	11.7B
2021	12.3B	12.7B	12.4B	12.8B
2020	9.6B	9.6B	9.7B	9.7B
2019	7.7B	8.2B	8.0B	9.5B
2018	6.2B	6.7B	7.5B	6.8B
2017	5.6B	5.8B	5.8B	6.1B
2016	5.4B	5.5B	5.6B	5.6B
2015	5.2B	5.2B	5.3B	5.4B
2014	4.7B	5.0B	5.1B	5.1B
2013	3.1B	3.4B	3.9B	4.3B
2012	2.7B	2.8B	2.9B	3.0B
2011	2.3B	2.4B	2.6B	2.6B
2010	2.1B	2.1B	2.2B	2.2B
2009	2.0B	2.0B	2.0B	2.1B
2008	0	0	0	2.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Markel Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold MKL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 02, 2024	Sumitomo Mitsui DS Asset Management Company, Ltd	unchanged	-	105,643	1,582,340	0.02%
May 02, 2024	State of New Jersey Common Pension Fund D	added	4.42	1,206,480	11,350,200	0.03%
May 02, 2024	JENNISON ASSOCIATES LLC	reduced	-2.23	5,276,880	116,022,000	0.08%
May 02, 2024	KESTRA PRIVATE WEALTH SERVICES, LLC	added	4.49	60,507	565,991	0.01%
May 02, 2024	AM INVESTMENT STRATEGIES LLC	new	-	266,000	266,000	0.07%
May 02, 2024	Daiwa Securities Group Inc.	added	11.54	216,000	1,324,000	0.01%
May 02, 2024	CHOREO, LLC	added	1.89	68,951	820,078	0.02%
May 02, 2024	LINCOLN NATIONAL CORP	added	3.66	60,104	602,506	0.01%
May 02, 2024	NORDEA INVESTMENT MANAGEMENT AB	added	2.63	116,763	1,299,320	-%
May 02, 2024	WHITTIER TRUST CO	unchanged	-	1,118	16,736	-%

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

MKL Alerts

Big jump in Earnings (Y/Y)

Unveiling Markel Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 03, 2024	13F-HR	Fund Holdings Report
May 01, 2024	10-Q	Quarterly Report
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	4	Insider Trading
Mar 06, 2024	ARS	ARS

Peers (Alternatives to Markel Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3129.10%	-4.8K	757.88	-10.27%	-34.69%
AJG	52.2B	10.6B	-2.71%	13.23%	47.77	4.91	20.42%	-6.05%
AIG	52.1B	48.4B	0.86%	57.32%	10.78	1.08	-4.15%	-20.63%
TRV	49.0B	42.9B	-6.64%	19.38%	15.6	1.14	13.52%	12.15%
AFL	47.3B	19.3B	-2.31%	24.53%	8.84	2.45	3.03%	17.35%
ACGL	35.3B	13.6B	2.33%	29.43%	7.95	2.59	41.83%	201.02%
AFG	10.7B	8.0B	-4.33%	11.09%	12.11	1.34	11.14%	7.56%
MID-CAP
UNM	9.8B	12.6B	-4.88%	20.24%	7.4	0.78	4.24%	-13.40%
AIZ	9.1B	11.1B	-4.87%	34.98%	14.23	0.82	9.21%	132.28%
LNC	4.8B	11.9B	-11.10%	45.32%	3.54	0.4	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-3.61%	19.54%	-18.37	1.36	24.25%	-115.79%
AMSF	901.6M	308.9M	-2.62%	-15.63%	14.61	2.92	3.79%	10.94%
AMBC	662.6M	269.0M	-7.57%	0.89%	147.24	2.46	-46.68%	-99.14%
AAME	39.2M	186.8M	-11.93%	-12.73%	-229.08	0.21	-0.56%	-111.21%

Markel Corp News

Latest updates

Markel Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.8%	4,467	4,643	3,375	4,143	3,643	4,211	3,066	1,792	2,606	3,758	2,687	3,501	2,900	3,356	2,912	3,132	2,857	2,582	2,033	2,439	2,472
Costs and Expenses	-10.8%	3,131	3,510	3,302	3,172	2,889	3,154	2,999	2,969	2,646	2,583	2,446	2,422	2,155	2,211	2,219	1,890	2,141	1,828	1,771	1,773	1,678
EBITDA Margin	15.5%	0.23*	0.20*	0.20*	0.21*	0.09*	0.04*	0.05*	0.07*	0.23*	0.28*	0.28*	0.30*	-	-	-	-	-	-	-	-	-
Interest Expenses	3.8%	46.00	44.00	45.00	47.00	49.00	49.00	47.00	50.00	50.00	48.00	46.00	47.00	42.00	44.00	43.00	45.00	45.00	43.00	47.00	41.00	40.00
Income Taxes	37.5%	293	213	14.00	192	134	192	16.00	-238	-18.14	264	54.00	217	148	166	130	244	-370	129	58.00	144	155
Earnings Before Taxes	33.3%	1,342	1,007	68.00	908	672	904	133	-1,121	-66.95	1,137	244	1,020	728	1,013	584	1,175	-1,772	641	262	650	733
EBT Margin	19.1%	0.20*	0.17*	0.17*	0.17*	0.05*	-0.01*	0.01*	0.02*	0.19*	0.24*	0.24*	0.26*	-	-	-	-	-	-	-	-	-
Net Income	33.3%	1,025	769	43.00	696	489	692	60.00	-915	-51.74	869	188	792	574	847	453	922	-1,405	512	204	506	578
Net Income Margin	20.6%	0.15*	0.13*	0.12*	0.13*	0.03*	-0.02*	0.00*	0.01*	0.14*	0.19*	0.19*	0.21*	-	-	-	-	-	-	-	-	-
Free Cashflow	-22.3%	559	719	880	682	247	784	861	447	363	587	784	470	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.1%	57,286	55,046	52,749	52,184	50,942	49,791	48,421	47,947	48,985	48,477	46,696	45,642	43,043	41,710	40,170	39,068	36,049	37,474	37,036	36,422	34,737
Cash Equivalents	14.1%	4,277	3,747	4,355	4,306	4,032	4,137	4,796	4,911	5,208	4,881	4,507	4,352	4,498	5,217	5,263	5,627	4,458	3,500	3,200	2,641	2,764
Goodwill	0.1%	2,626	2,625	2,623	2,627	2,643	2,639	2,797	2,770	2,774	2,899	2,695	2,606	2,605	2,605	2,605	2,607	2,310	2,309	2,188	2,189	2,216
Liabilities	3.7%	40,969	39,520	38,226	37,481	36,661	36,054	35,550	34,684	34,398	33,276	32,424	31,415	29,623	28,650	28,021	27,443	26,161	26,218	26,236	25,857	24,770
Long Term Debt	2.0%	3,855	3,780	3,769	3,814	3,897	4,104	4,131	4,502	4,429	4,361	4,268	4,160	3,565	3,484	3,498	3,606	3,594	3,534	3,897	3,626	3,059
Shareholder's Equity	5.6%	15,818	14,984	13,999	14,239	13,789	13,151	3,483	12,831	6.00	222	14,039	14,020	370	12,822	500	16.00	9,732	8.00	232	6,808	9,796
Retained Earnings	7.3%	12,185	11,353	10,779	10,819	10,255	9,833	9,256	9,290	10,278	10,447	9,650	9,504	8,755	8,195	7,377	6,948	6,039	7,457	6,989	6,808	6,339
Minority Interest	21.5%	88.00	72.00	56.00	54.00	45.00	63.00	65.00	11.00	6.00	23.00	23.00	23.00	21.00	15.00	14.00	16.00	12.00	8.00	11.00	17.00	22.00
Float	-	-	-	-	18,051	-	-	-	-	-	-	-	17,203	-	-	-	12,437	-	-	-	14,711	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-23.3%	631	823	956	724	284	829	959	506	415	652	809	495	318	476	773	423	66.00	562	463	230	19.00
Cashflow From Investing	58.5%	-564	-1,360	-969	-265	-108	-386	-879	-353	-49.98	-205	-495	-1,159	-1,077	-534	-1,031	147	907	122	-135	-863	342
Cashflow From Financing	48.7%	-102	-200	-169	-217	-412	-104	-104	-367	-18.85	-69.62	-124	511	54.00	-41.06	-131	587	21.00	-411	250	520	-0.07
Buy Backs	-25.9%	161	217	-	105	82.00	106	82.00	-	79.00	115	-	39.00	22.00	3.00	-	0.00	24.00	50.00	13.00	-	38.00

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MKL Income Statement

2024-03-31

Consolidated Statements Of Income And Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
OPERATING REVENUES
Earned premiums	$ 2,127,627	$ 1,967,704
Net investment income	218,269	159,335
Net investment gains	902,281	372,563
Products revenues	600,840	577,926
Services and other revenues	617,638	565,861
Total Operating Revenues	4,466,655	3,643,389
OPERATING EXPENSES
Losses and loss adjustment expenses	1,287,747	1,173,014
Underwriting, acquisition and insurance expenses	738,752	675,705
Products expenses	523,247	515,756
Services and other expenses	536,838	480,619
Amortization of acquired intangible assets	44,285	44,399
Total Operating Expenses	3,130,869	2,889,493
Operating Income	1,335,786	753,896
Interest expense	(45,548)	(49,438)
Foreign exchange gains (losses)	51,500	(32,928)
Income Before Income Taxes	1,341,738	671,530
Income tax expense	(292,556)	(133,731)
Net Income	1,049,182	537,799
Net income attributable to noncontrolling interests	(23,998)	(49,147)
Net Income to Shareholders	1,025,184	488,652
Preferred stock dividends	0	0
Net Income to Common Shareholders	1,025,184	488,652
OTHER COMPREHENSIVE INCOME (LOSS)
Net holding gains (losses) arising during the period	(128,425)	161,206
Reclassification adjustments for net losses in net income	5,723	2,994
Change in net unrealized losses on available-for-sale investments, net of taxes	(122,702)	164,200
Change in discount rate for life and annuity benefits, net of taxes	6,418	(9,052)
Change in foreign currency translation adjustments, net of taxes	(475)	2,579
Change in net actuarial pension loss, net of taxes	20	18
Total Other Comprehensive Income (Loss)	(116,739)	157,745
Comprehensive Income	932,443	695,544
Comprehensive income attributable to noncontrolling interests	(24,058)	(49,179)
Comprehensive Income to Shareholders	$ 908,385	$ 646,365
NET INCOME PER COMMON SHARE
Basic	$ 75.56	$ 37.33
Diluted	$ 75.43	$ 37.26

MKL Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets [Abstract]
Fixed maturity securities, available-for-sale (amortized cost of $15,227,752 in 2024 and $14,932,286 in 2023)	$ 14,519,370	$ 14,372,732
Equity securities (cost of $3,573,927 in 2024 and $3,497,071 in 2023)	10,570,975	9,577,871
Short-term investments, available-for-sale (estimated fair value approximates cost)	2,617,642	2,571,382
Total Investments	27,707,987	26,521,985
Cash and cash equivalents	3,627,142	3,747,060
Restricted cash and cash equivalents	649,598	584,974
Receivables	3,608,947	3,455,306
Reinsurance recoverables	9,575,066	9,235,501
Deferred policy acquisition costs	961,819	931,344
Prepaid reinsurance premiums	2,783,613	2,365,243
Goodwill	2,626,258	2,624,749
Intangible assets	1,545,709	1,588,684
Other assets	4,200,246	3,990,864
Total Assets	57,286,385	55,045,710
Liabilities and Equity [Abstract]
Unpaid losses and loss adjustment expenses	24,144,955	23,483,321
Life and annuity benefits	617,266	649,054
Unearned premiums	7,153,997	6,642,426
Payables to insurance and reinsurance companies	1,237,996	1,037,722
Senior long-term debt and other debt (estimated fair value of $3,386,000 in 2024 and $3,353,000 in 2023)	3,855,494	3,779,796
Other liabilities	3,959,161	3,927,498
Total Liabilities	40,968,869	39,519,817
Redeemable noncontrolling interests	499,993	469,685
Commitments and contingencies
Shareholders' equity:
Preferred Stock	591,891	591,891
Common stock	3,547,912	3,517,146
Retained earnings	12,184,925	11,353,101
Accumulated other comprehensive loss	(595,009)	(478,210)
Total Shareholders' Equity	15,729,719	14,983,928
Noncontrolling interests	87,804	72,280
Total Equity	15,817,523	15,056,208
Total Liabilities and Equity	$ 57,286,385	$ 55,045,710

About Markel Corp

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	Mr. Thomas Sinnickson Gayner
WEBSITE	markel.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	20900

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 Fri May 03 2024, market cap of Markel Corp is 20.57 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 Fri May 03 2024, MKL's PE ratio (Price to Earnings) is 8.12 and Price to Sales (PS) ratio is 1.24. 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 0.095 (multiply by 100 for percentage) rate of return.