Markel (MKL) Q1 Earnings, Revenues Miss Estimates, Rise Y/Y [Yahoo! Finance]
Markel Group Inc. (MKL)
Last markel group inc. earnings: 4/28 04:54 pm
Check Earnings Report
US:NYSE Investor Relations:
markelcorp.com/investor-relations
Company Research
Source: Yahoo! Finance
Markel witnessed improved earned premiums and increased net investment income. Quarterly Operational Update Total operating revenues of $3.6 billion missed the Zacks Consensus Estimate by 1.5%. The top line rose 9% year over year. Earned premiums increased 8.1% to $2.1 billion in the reported quarter. Net investment income increased 37% year over year to $218 million in the fourth quarter. Markel Group Inc. Price, Consensus and EPS Surprise Markel Group Inc. price-consensus-eps-surprise-chart | Markel Group Inc. Quote Total operating expenses increased 8.3% to $3.1 billion, owing to underwriting, acquisition and insurance expenses, product expenses, and services and other expenses. MKL's combined ratio deteriorated 120 basis points (bps) year over year to 95.2 in the reported quarter. Segment Update Insurance : Gross premiums increased 5% year over year to $2.2 billion. The uptick was driven by new business growth and more favorable rates within personal lines and
Show less
Read more
Impact Snapshot
Event Time:
MKL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MKL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MKL alerts
High impacting Markel Group Inc. news events
Weekly update
A roundup of the hottest topics
MKL
News
- AM Best Assigns Issue Credit Rating to Markel Group Inc.’s Senior Unsecured NotesBusiness Wire
- PGA of America Extends Partnership with CapTech Through 2026 [Yahoo! Finance]Yahoo! Finance
- SFAA Members Elect New Board, Honor Outgoing Chair at Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Markel Corporation (NYSE:MKL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Markel Group Inc. (NYSE: MKL) had its price target raised by analysts at Royal Bank of Canada from $1,475.00 to $1,625.00. They now have a "sector perform" rating on the stock.MarketBeat
MKL
Earnings
- 5/1/24 - Beat
MKL
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 424B5
- 5/13/24 - Form FWP
- MKL's page on the SEC website