Markel Corporation Common Stock (NYSE:MKL):
Markel promotes Brian Gray to Regional President, West Region, in Markel’s Wholesale division.
The company is up from yesterday’s close of $879.19.
Shares are trading at $880.37 slightly below $915.84, the stock’s 50 day moving average and barely below the 200 day moving average of $930.99. The 50 day moving average was down by -3.87% and the 200 day average went down $-50.62 or -5.44%.
The company currently has a P/E ratio of 23.12 and market capitalization is 12.32B. As of the latest earnings report the EPS was $38.08 and is expected to be $33.38 for the current year with 13,990,000 shares currently outstanding. Next quarter’s EPS is expected be $8.20 and the next full year EPS is anticipated to be $30.48.
Brokerage firms have issued ratings on Markel Corporation Common Stock recently. On April 14 the company was rated “” by William Blair a boost from the previous “” rating. On August 7, 2015 the stock rating was changed to a “” in a report from RBC Capital which is down from the previous “Outperform” rating.
On May 8 RBC Capital held the company rating at “Outperform” but raised the price target from $765.00 to $835.00. May 8 investment analysts at Keefe Bruyette & Woods held the stock rating at “Market Perform” and raised the price expectation to $750.00 from $675.00.
On November 10 Keefe Bruyette & Woods made no change to the company rating of “Market Perform” and moved down the price target from $635.00 to $675.00.