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Markel Corporation (MKL)

Stock Price: $969.65 USD -26.34 (-2.64%)
Updated Oct 27, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 13.36B
Revenue (ttm) 8.08B
Net Income (ttm) 232.75M
Shares Out 13.78M
EPS (ttm) 15.54
PE Ratio 62.40
Forward PE 22.68
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 27, 2020
Last Price $969.65
Previous Close $995.99
Change ($) -26.34
Change (%) -2.64%
Day's Open 992.27
Day's Range 967.48 - 1,006.03
Day's Volume 51,166
52-Week Range 710.52 - 1,347.64

More Stats

Market Cap 13.36B
Enterprise Value 11.34B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date n/a
Shares Outstanding 13.78M
Float 13.44M
EPS (basic) 15.51
EPS (diluted) 15.54
FCF / Share 99.87
Dividend n/a
Dividend Yield n/a
Earnings Yield 1.60%
FCF Yield 10.30%
Payout Ratio n/a
Shares Short 85,697
Short Ratio 1.86
Short % of Float 0.64%
Beta 0.69
PE Ratio 62.40
Forward PE 22.68
P/FCF Ratio 9.71
PS Ratio 1.65
PB Ratio 1.29
Revenue 8.08B
Operating Income 453.00M
Net Income 232.75M
Free Cash Flow 1.38B
Net Cash 2.02B
Net Cash / Share 146.70
Gross Margin 68.48%
Operating Margin 5.60%
Profit Margin 2.90%
FCF Margin 17.02%
ROA 0.75%
ROE 2.21%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (8)

Buy 3
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$1,106*
(14.09% upside)
Low
925
Current: $969.65
High
1,250
Target: 1,106
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue9,5266,8416,0625,6125,3705,1344,3233,0002,6302,225
Revenue Growth39.25%12.86%8.01%4.51%4.6%18.75%44.1%14.07%18.18%-
Gross Profit4,5042,1321,8872,3903,4312,9312,5071,8461,4201,279
Operating Income2,47739.76217805860558476405276369
Net Income1,790-128395456583321281253142267
Shares Outstanding13.8113.8813.8913.9913.9513.9613.979.629.629.72
Earnings Per Share129.07-9.5525.8131.2741.7422.2722.4825.8914.6027.27
EPS Growth---17.46%-25.08%87.43%-0.93%-13.17%77.33%-46.46%-
Operating Cash Flow1,274893859535651717746393311223
Capital Expenditures-123-107-74.65-63.67-79.76-82.13-47.73-45.52-60.13-42.10
Free Cash Flow1,151786784471571635698347251181
Cash & Equivalents3,5002,3962,5012,0853,0702,4822,765973775745
Total Debt3,5343,0103,0992,5752,2392,2542,2561,4931,2941,016
Net Cash / Debt-33.83-613-598-489831229509-519-518-271
Assets37,47433,30632,80525,87524,93925,20023,95612,55711,53210,826
Liabilities26,21824,03223,13717,33417,03617,53717,2058,5818,0707,638
Book Value11,0719,0819,5048,4617,8347,5956,6743,8893,3883,172
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Markel Corporation
Country United States
Employees 18,600
CEO Thomas Sinnickson Gayner / Richard Reeves Whitt

Stock Information

Ticker Symbol MKL
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Property & Casualty
Unique Identifier NYSE: MKL
IPO Date December 12, 1986

Description

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that consist principally of fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance. The company's Reinsurance segment offers general liability, professional liability, workers' compensation, medical malpractice, and environmental impairment liability; property treaty products for catastrophe, per risk, and retrocessional exposures; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and equipment; and laminated oak and composite wood flooring, as well as ornamental plants and residential homes. This segment also provides healthcare, consulting, and others types of services to businesses and consumers, including management and technology consulting, behavioral healthcare, and retail intelligence. The company's Other segment 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. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.