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Markel Corp (MKL)
NYSE:MKL
MKL Stock Chart & Stats
$2019.81
-$1.90(-0.11%)
At close: 4:00 PM EST
$2019.81
-$1.90(-0.11%)
Day’s Range― - ―
52-Week Range$1,621.89 - $2,207.59
Previous CloseN/A
Volume21.08K
Average Volume (3M)48.49K
Market Cap
$25.40B
Enterprise Value$25.88B
Total Cash (Recent Filing)$22.40B
Total Debt (Recent Filing)$5.01B
Price to Earnings (P/E)13.0
Beta0.57
Next Earnings
Apr 29, 2026EPS Estimate
25.96Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)33.17
Shares Outstanding12,575,726
10 Day Avg. Volume47,737
30 Day Avg. Volume48,493
Financial Highlights & Ratios
PEG Ratio-0.86
Price to Book (P/B)1.47
Price to Sales (P/S)1.65
P/FCF Ratio10.69
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit2.78
Enterprise Value/Ebitda8.40
Forecast
1Y Price Target
$2,100.00Price Target Upside3.97% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)114.47
Revenue Forecast (FY)$17.97B
Bulls Say, Bears Say
Bulls Say
Consistent Cash GenerationMarkel's sustained operating cash flow and robust free cash flow provide a durable liquidity cushion that supports underwriting volatility, reserve strength, and disciplined capital allocation. Persistent cash generation funds buybacks, preferred redemption, bolt-on deals and reinvestment without relying on external financing, improving long-term financial flexibility and enabling management to execute multi-year underwriting improvement plans.
Well‑Capitalized, Low Leverage Balance SheetA strong capital base and sharply reduced leverage give Markel structural capacity to absorb underwriting or investment shocks and maintain conservative reserving. This balance sheet strength supports multi-year strategic moves (business exits, fronting changes) while preserving capacity for disciplined capital returns and opportunistic investments, reducing long-term solvency and financing risk.
Underwriting Improvement & Strategic SimplificationManagement's deliberate portfolio simplification—exiting Global Reinsurance, converting Hagerty to a fronting model and shedding underperforming books—is aimed at structurally improving combined ratios and ROE. These choices sacrifice near-term premium volume for higher long-run underwriting margins and clearer risk cohorts, positioning underwriting returns to be more predictable and durable over successive cycles.
Bears Say
Earnings & Margin VolatilityMarkel's earnings demonstrate material cyclicality from underwriting outcomes and investment swings; the 2022 loss and recent margin step‑downs show downside sensitivity. Persistent volatility complicates multi-period forecasting, can impair capital returns during downturns, and forces conservative reserving or capital retention that constrains ROE in volatile years.
Discrete Surety & Program LossesLarge, discrete losses in surety and adverse program trends create tail risk concentrated in specific products. Elevated reserves and a >100% combined ratio in these books point to potential for recurring volatility and the need for higher pricing or tightened underwriting standards, which can weigh on segment earnings and delay group-level combined ratio improvement.
Softening Rate Environment & Competitive PressureWidespread rate softening and heightened competition are structural headwinds for premium growth and underwriting leverage. Even with portfolio exits, persistently lower pricing in core lines limits the firm's ability to restore margin through price alone, forcing reliance on tighter underwriting, product mix shifts, or expense efficiency—measures that take time to fully offset revenue and margin compression.
Markel News
MKL FAQ
What was Markel Corp’s price range in the past 12 months?
Markel Corp lowest stock price was $1621.89 and its highest was $2207.59 in the past 12 months.
What is Markel Corp’s market cap?
Markel Corp’s market cap is $25.40B.
When is Markel Corp’s upcoming earnings report date?
Markel Corp’s upcoming earnings report date is Apr 29, 2026 which is in 54 days.
How were Markel Corp’s earnings last quarter?
Markel Corp released its earnings results on Feb 04, 2026. The company reported $33.172 earnings per share for the quarter, beating the consensus estimate of $27.623 by $5.549.
Is Markel Corp overvalued?
According to Wall Street analysts Markel Corp’s price is currently Undervalued.
Does Markel Corp pay dividends?
Markel Corp does not currently pay dividends.
What is Markel Corp’s EPS estimate?
Markel Corp’s EPS estimate is 25.96.
How many shares outstanding does Markel Corp have?
Markel Corp has 12,575,726 shares outstanding.
What happened to Markel Corp’s price movement after its last earnings report?
Markel Corp reported an EPS of $33.172 in its last earnings report, beating expectations of $27.623. Following the earnings report the stock price went up 1.994%.
Which hedge fund is a major shareholder of Markel Corp?
Currently, no hedge funds are holding shares in MKL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Markel Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2,100.00 (3.97% Upside)
$2,100.00 (3.97% Upside)
Blogger Sentiment
Bullish
MKL Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 42.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $207.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.43%
12-Months-Change
Fundamentals
Return on Equity
12.20%
Trailing 12-Months
Asset Growth
8.17%
Trailing 12-Months
Company Description
Markel Corp
Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance segment 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. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; 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 transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as 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. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.
MKL Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear progress across the company: improved insurance underwriting results (lower combined ratios and higher insurance adjusted operating income), strong performance in the Financial segment, solid cash generation, and disciplined capital deployment. Management emphasized decisive structural actions (exiting underperforming businesses, leadership changes, simplification) that have started to show “green shoots.” Notable challenges include weaker net investment gains year-over-year, profit pressure in the Industrial segment, discrete large losses in surety and personal umbrella that drove elevated reserves, and a softer competitive pricing environment in U.S. property and portions of London/specialty markets. Management framed the premium reductions from strategic exits as intentional trade-offs to improve long-term combined ratios and returns. Overall the positives—across underwriting improvement, cash flow, capital returns, and Financial segment strength—outweigh the negatives, which are being managed and partially attributable to short-term volatility and deliberate strategic choices.View all MKL earnings summariesMKL Stock 12 Month Forecast
Average Price Target
$2,100.00
▲(3.97% Upside)
Technical Analysis
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