Markel Corporation Common Stock (NYSE:MKL):
Markel Announces Conference Call Date And Time.
In the market the company is trading up from yesterday’s close of $879.19.
Shares are trading at $880.37 a tad under $915.84, the 50 day moving average and which is marginally lower than the 200 day moving average of $930.99. The 50 day moving average was down $-35.47 and the 200 day average went down $-50.62 or -5.44%.
The most current P/E ratio is 23.12 and market capitalization is 12.32B. In the last earnings report the EPS was $38.08 and is estimated to be $33.38 for the current year with 13,990,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $8.20 with next year’s EPS anticipated to be $30.48.
Several ratings analysts have provided guidance on MKL of late. On April 14 the company was upgraded to “” from “” in a statement from William Blair. On August 7 the company was rated “” by RBC Capital a cut from the previous “Outperform” rating.
May 8 investment analysts at RBC Capital kept the company rating at “Outperform” but raised the price expectation to $835.00 from $765.00. On May 8 Keefe Bruyette & Woods kept the stock rating at “Market Perform” and raised the price expectation from $675.00 to $750.00.
November 10 investment analysts at Keefe Bruyette & Woods made no change to the stock rating of “Market Perform” but moved down the price target to $675.00 from $635.00.