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MKL

Markel Corporation

MKL

NYSE·Financial Services·Insurance - Property & Casualty·Mkt cap $22.8B

$1,826.72

-0.88%

P/E

7.19

Mkt Cap

$22.8B

52-Wk Range

$1,719–$2,208

52-Week Range

$1,719.41 - $2,207.59

P/E

7.19

Fwd P/E

18.52

Beta

0.66

Div Yield

0.00%

Avg Vol

74.5K

Shares Out

12.5M

Mkt Cap

$22.8B

Price action

Price chart

Down 5.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Diversified revenue streams across insurance, reinsurance, and non-insurance businesses reducing underwriting cycle dependency
  • Specialty insurance expertise in niche markets with higher margins and less competition
  • Global distribution network spanning multiple continents and regulatory jurisdictions
  • Long operating history since 1930 providing stability and deep industry relationships
  • Markel Ventures providing countercyclical earnings during soft insurance markets

Bear Case

2 risks

  • Low volatility (beta 0.7).
  • Significant premium - growth priced in

Growth

Mild headwinds expected

Expansion of specialty insurance products in underserved market segments

Value

Significant premium - growth priced in

Momentum

Stable

+3.6% over 3m

Quality

Excellent

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $26.28 vs $30.64 consensus (-14.2% surprise). Revenue of $5.2B vs $4.5B expected (+15.2%).

EPS miss
Rev beat +15.2%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-14.2%

Revenue trend · last 8Q

-12%

-27%

+19%

-2%

+6%

+7%

-9%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$4.4B

$4.0B

$3.3B

$4.4B

$4.4B

$4.2B

$3.6B

$4.0B

Margins · last 8Q

Gross

0.0%

Operating

38.8%

Profit

46.1%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: Truist · $1,950.00 · Apr 30, 2026

vs Industry

How MKL stacks vs Insurance - Property & Casualty

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.