Last Updated: 15 Oct 2024
Executive Summary
Markel Corporation (MKL) is a diversified financial holding company with a market capitalization of $20.16 billion. The company has a strong financial position, with an EBITDA of $3.21 billion, a PERatio of 10.12, and a PEGRatio of 6.66. Markel's latest stock price is $1568.18, which is above its 50-day moving average of $1556.2 and below its 200-day moving average of $1528.79.
Company Overview
Markel Corporation is headquartered in Glen Allen, Virginia and markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, Latin America, Asia Pacific and the Middle East. The company's insurance products include property and casualty insurance, professional liability insurance, and marine insurance. Markel also provides reinsurance and investment management services.
Fundamental Analysis
Markel Corporation has a strong financial position. The company's EBITDA has grown at a CAGR of 10% over the past five years. Markel's PERatio is below the industry average, and its PEGRatio is above the industry average. The company's book value is $1177.14 per share, and its return on assets and return on equity are both above the industry average.
Technical Analysis
Markel Corporation's stock price has been trading in a range between $1295.65 and $1670.24 over the past 52 weeks. The stock price is currently above its 50-day moving average and below its 200-day moving average. The relative strength index (RSI) is 52.37, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
Markel Corporation's stock price is expected to continue to trade in a range in the short term. The stock price is likely to be supported by the company's strong financial position and its above-average growth prospects. However, the stock price could be pressured by rising interest rates and economic uncertainty.
Long Term Outlook
Markel Corporation's long-term outlook is positive. The company is expected to continue to grow its earnings and its market share. The company's strong financial position and its experienced management team should allow it to weather any economic storms.
Analyst Recommendations
Analysts have a mixed view on Markel Corporation. One analyst has a Strong Buy rating on the stock, three analysts have a Buy rating, six analysts have a Hold rating, and one analyst has a Strong Sell rating. The average analyst target price is $1727.2.
