Markel Corporation Common Stock (NYSE:MKL):
Markel promotes Brian Gray to Regional President, West Region, in Markel’s Wholesale division.
In the market the company is trading up since yesterday’s close of $879.19.
Company shares last traded at $880.37 which is a tad under the 50 day moving average which is $915.84 and just a bit lower than the 200 day moving average of $930.99. The 50 day moving average went down $-35.47 or -3.87% and the 200 day average went down by -5.44%.
The company currently has a P/E ratio of 23.12 and market cap is 12.32B. As of the last earnings report the EPS was $38.08 and is expected to be $33.38 for the current year with 13,990,000 shares presently outstanding. Next quarter’s EPS is expected be $8.20 with next year’s EPS projected to be $30.48.
Wall Street analysts have provided guidance on the company. On April 14 the company was set at “” by William Blair up 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.
May 8 investment analysts at RBC Capital maintained a stock rating of “Outperform” and moved up the price target to $835.00 from $765.00. On May 8 Keefe Bruyette & Woods held 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 left the stock rating at “Market Perform” and lowered the price target to $675.00 from $635.00.