Markel Corporation (NYSE:MKL) is scheduled to issue its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $6.69 per share for the quarter.

Markel Corporation (NYSE:MKL) last posted its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $9.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $6.27 by $3.67. Markel Corporation had a return on equity of 4.81% and a net margin of 7.58%. The firm had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.46 billion. On average, analysts expect Markel Corporation to post $4.91 EPS for the current fiscal year and $28.64 EPS for the next fiscal year.

Markel Corporation (NYSE:MKL) opened at 1078.23 on Monday. The stock has a 50 day moving average price of $1,057.84 and a 200 day moving average price of $1,010.39. The stock has a market cap of $15.00 billion, a PE ratio of 37.28 and a beta of 1.03. Markel Corporation has a 1-year low of $811.05 and a 1-year high of $1,105.23.

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In related news, CEO Richard R. Whitt III sold 600 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $1,045.93, for a total value of $627,558.00. Following the completion of the transaction, the chief executive officer now owns 11,339 shares in the company, valued at approximately $11,859,800.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Steven A. Markel sold 3,875 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $1,074.48, for a total value of $4,163,610.00. Following the completion of the transaction, the insider now owns 109,650 shares of the company’s stock, valued at approximately $117,816,732. The disclosure for this sale can be found here. Insiders sold a total of 6,227 shares of company stock valued at $6,655,526 in the last three months. Insiders own 2.53% of the company’s stock.

A number of analysts have recently weighed in on the company. Zacks Investment Research cut Markel Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Royal Bank Of Canada reissued a “hold” rating and issued a $1,050.00 price objective on shares of Markel Corporation in a research report on Tuesday, October 3rd. BidaskClub raised Markel Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. ValuEngine raised Markel Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Boenning Scattergood set a $1,050.00 price objective on Markel Corporation and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Markel Corporation currently has a consensus rating of “Hold” and a consensus target price of $1,050.00.

Markel Corporation Company Profile

Markel Corporation is a financial holding company serving a range of markets. The Company’s principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance. The Company, through its subsidiary Markel Ventures, Inc (Markel Ventures), owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace.

Earnings History for Markel Corporation (NYSE:MKL)

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