Markel: 65% Potential Upside [Seeking Alpha]
Markel Group Inc. (MKL)
Last markel group inc. earnings: 4/28 04:54 pm
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US:NYSE Investor Relations:
markelcorp.com/investor-relations
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Source: Seeking Alpha
SummaryMarkel's insurance operation has been quite profitable, with growing float.P/B valuation is the lowest in the past 5 years.It should be worth $1,500 per share, 65% upside from the current price.Whenever there is chaos in the stock market, there are opportunities to buy a piece of great businesses at a discount. We often find better long-term opportunities in the declining market than in the rising market. One of the opportunities like that is Markel Corporation (MKLProfitable Insurance BusinessMarkel's core activity is underwriting insurance, attracting quite a lot of "float". Float is the money Markel can hold between the time customers pay for insurance contracts and the time customers claim on their policies. Markel would use this float to invest and generate returns. Thus, in order to analyze Markel's insurance operation, we will look at three things: insurance operation profitability, float generation over time, and investment returns.More than 80% of Markel's$6.4 billion
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MKL
News
- Polytetrafluoroethylene (PTFE) Films Market Growth Trends and Industry Challenges, 2024-2030, with Global, Regional, and Country-Level Insights by Technology and Application [Yahoo! Finance]Yahoo! Finance
- Activist Jana calls on Markel to focus on insurance. Here's how the firm can help create value [CNBC]CNBC
- U.S. Concierge Medicine Market Research Report 2024-2028: Accelerating at 8.09% CAGR [Yahoo! Finance]Yahoo! Finance
- Markel Group Inc. (NYSE: MKL) was downgraded by analysts at TD Cowen from a "buy" rating to a "hold" rating. They now have a $1,836.00 price target on the stock, down previously from $1,986.00.MarketBeat
- Why Is Markel Group (MKL) Up 15.8% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
MKL
Earnings
- 10/30/24 - Beat
MKL
Sec Filings
- 12/16/24 - Form 4
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- MKL's page on the SEC website