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)
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
S-3ASR
Automatic shelf registration
23 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Regulation FD Disclosure
23 Feb 24
8-K
Markel Group reports 2023 financial results
31 Jan 24
8-K
Markel Group announces chief financial officer transition
18 Dec 23
Transcripts
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
MKL
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 5.04 bn | 5.04 bn | 5.04 bn | 5.04 bn | 5.04 bn | 5.04 bn |
Cash burn (monthly) | 65.36 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 436.84 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 4.61 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 70.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
61.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 587 |
Opened positions | 54 |
Closed positions | 185 |
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 |
---|---|---|---|---|---|---|---|---|---|---|
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 |
20 Feb 24 | Brian J. Costanzo | Common Stock | Grant | Acquire A | No | No | 0 | 94 | 0.00 | 495.511 |
News
How Is The Market Feeling About Markel Group?
10 Apr 24
Peering Into Markel Group's Recent Short Interest
20 Mar 24
Janney Montgomery Scott Downgrades Markel Group to Neutral
15 Mar 24
Looking Into Markel Group's Recent Short Interest
27 Feb 24
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15 Feb 24