markel corporation (nyse – mkl) is the holding company for a number of insurance and investment operations around the world. based in richmond, virginia and founded in 1930, markel is organized around five insurance segments offering unique solutions to complex risk challenges. our financial goals are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value.
Company profile
Ticker
MKL
Exchange
Website
CEO
Thomas S. Gayner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MARKEL CORP, MARKEL HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
Markel Insurance Group, LLC • Alterra Capital Holdings Limited • Lodgepine Capital Management Limited • Markel Bermuda Limited • Markel CATCo Investment Management Ltd. • Markel CATCo Re Ltd. • Markel CATCo Reinsurance Fund Ltd. • Essentia Insurance Company • Evanston Insurance Company • Markel American Insurance Company ...
IRS number
541959284
MKL stock data
Latest filings (excl ownership)
8-K
Other Events
16 May 24
424B5
Prospectus supplement for primary offering
15 May 24
FWP
Free writing prospectus
13 May 24
424B5
Prospectus supplement for primary offering
13 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
PX14A6G
Letter to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
ARS
2023 FY
Annual report to shareholders
6 Mar 24
8-K
Departure of Directors or Certain Officers
26 Feb 24
Transcripts
MKL
Earnings call transcript
2024 Q1
2 May 24
MKL
Earnings call transcript
2023 Q4
1 Feb 24
MKL
Earnings call transcript
2023 Q3
2 Nov 23
MKL
Earnings call transcript
2023 Q2
3 Aug 23
MKL
Earnings call transcript
2023 Q1
27 Apr 23
MKL
Earnings call transcript
2022 Q4
2 Feb 23
MKL
Earnings call transcript
2022 Q3
2 Nov 22
MKL
Earnings call transcript
2022 Q2
3 Aug 22
MKL
Earnings call transcript
2022 Q1
27 Apr 22
MKL
Earnings call transcript
2021 Q4
3 Feb 22
Latest ownership filings
4
ANTHONY F MARKEL
8 May 24
13F-HR
Quarterly holdings report by institutional manager
3 May 24
4
Andrew G. Crowley
18 Apr 24
4
Brian J. Costanzo
18 Apr 24
4
Jeremy Andrew Noble
18 Apr 24
4
Andrew G. Crowley
6 Mar 24
4
Michael R Heaton
6 Mar 24
4
Brian J. Costanzo
27 Feb 24
4
Andrew G. Crowley
27 Feb 24
4
Meade P. Grandis
27 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.28 bn | 4.28 bn | 4.28 bn | 4.28 bn | 4.28 bn | 4.28 bn |
Cash burn (monthly) | 18.43 mm | 60.68 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 30.59 mm | 100.70 mm | n/a | n/a | n/a | n/a |
Cash remaining | 4.25 bn | 4.18 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 230.4 | 68.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
61.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 587 |
Opened positions | 53 |
Closed positions | 188 |
Increased positions | 224 |
Reduced positions | 181 |
13F shares | Current |
---|---|
Total value | 10.66 tn |
Total shares | 8.01 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 1.19 mm | $1.69 tn |
PFG Principal Financial Group Inc - Registered Shares | 564.61 k | $801.68 bn |
MS Morgan Stanley | 520.02 k | $738.37 bn |
STT State Street | 304.35 k | $432.15 bn |
Davis Selected Advisers | 300.60 k | $426.85 bn |
Baillie Gifford & Co | 290.06 k | $411.85 bn |
Wellington Management | 256.10 k | $363.64 bn |
DAVENPORT & Co | 250.54 k | $355.24 bn |
Boston Partners | 156.87 k | $222.77 bn |
MKFCF Mackenzie Financial | 129.54 k | $183.94 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 May 24 | Markel Anthony F | Common Stock | Gift | Acquire G | Yes | No | 0 | 320 | 0.00 | 3,970 |
6 May 24 | Markel Anthony F | Common Stock | Gift | Dispose G | No | No | 0 | 320 | 0.00 | 15,000 |
6 May 24 | Markel Anthony F | Common Stock | Gift | Dispose G | No | No | 0 | 1,880 | 0.00 | 15,320 |
6 May 24 | Markel Anthony F | Common Stock | Other | Acquire J | No | No | 1594.243 | 2,200 | 3.51 mm | 17,200 |
28 Mar 24 | Jeremy Andrew Noble | Common Stock | Other | Acquire J | No | No | 1220.99 | 4.423 | 5.40 k | 3,859.576 |
28 Mar 24 | Brian J. Costanzo | Common Stock | Other | Acquire J | No | No | 1220.99 | 1.966 | 2.40 k | 605.477 |
28 Mar 24 | Andrew G. Crowley | Common Stock | Other | Acquire J | No | No | 1220.99 | 12.285 | 15.00 k | 1,405.083 |
20 Feb 24 | Michael R Heaton | Common Stock | Grant | Acquire A | No | No | 0 | 800 | 0.00 | 3,609.843 |
News
RBC Capital Maintains Sector Perform on Markel Group, Raises Price Target to $1625
3 May 24
Truist Securities Maintains Hold on Markel Group, Raises Price Target to $1600
3 May 24
Markel Q1 2024 GAAP EPS $75.43 vs $24.86 Estimate, Sales $4.467B Beat $3.566B Estimate
1 May 24
3M Beats Q1 Earnings and Revenue Estimates
30 Apr 24
How Is The Market Feeling About Markel Group?
10 Apr 24
Press releases
AM Best Assigns Issue Credit Rating to Markel Group Inc.'s Senior Unsecured Notes
17 May 24
Markel Group reports 2024 first quarter results
1 May 24
Markel Group reports 2024 first quarter results
1 May 24
Markel Group Inc. announces conference call date and time
25 Apr 24
Markel Group Inc. announces conference call date and time
25 Apr 24