Markel Corporation (NYSE:MKL) stock revealed change of 25.55% away from 52-week low price and recently located move of -1.93% off 52-week high price. It has market worth of $16.51B. MKL stock has been recorded 3.92% away from 50 day moving average and 6.25% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.64% off 20-day moving average.
On Feb. 4, 2020, Markel Corporation (NYSE:MKL) revealed operating revenues of $9.5 billion for the year ended December 31, 2019 compared to $6.8 billion in 2018. Comprehensive income to shareholders was $2.1 billion for the year ended December 31, 2019 compared to comprehensive loss to shareholders of $375.8 million in 2018. Diluted net income per share was $129.07 for the year ended December 31, 2019 compared to diluted net loss per share of $9.55 in 2018. The combined ratio was 94% in 2019 compared to 98% in 2018. Book value per common share outstanding was $802.59 at December 31, 2019 compared to $653.85 at December 31, 2018. Over the five-year period ended December 31, 2019, the compound annual growth in book value per common share outstanding was 8%. Over the five-year period ended December 31, 2019, our share price increased at a compound annual rate of 11%.
Thomas S. Gayner and Richard R. Whitt, Co-Chief Executive Officers, commented, Following continued growth in our insurance and Markel Ventures operations, 2019 was a record-setting year for Markel. Gross written premiums from our underwriting operations surpassed $6 billion, and we are excited about the synergies we are achieving between our underwriting and other insurance platforms. Within our Markel Ventures operations, revenues surpassed $2 billion and we continued to expand through our fourth quarter acquisition of VSC Fire & Security. Gains on our investment portfolio were just under $2 billion, driving record comprehensive income and book value per share. We are proud of what we accomplished in 2019 and want to thank our dedicated associates for their significant contributions, which support our aspiration to become one of the world’s great companies.
The Financial sector company, Markel Corporation noticed change of 1.26% to $1192.95 along volume of 34904 shares in recent session compared to an average volume of 36.00K shares. The stock observed return of 2.03% in 5 days trading activity. The stock was at 2.71% over one month performance. MKL’s shares are at 1.63% for the quarter and driving a 11.96% return over the course of the past year and is now at 4.35% since this point in 2018.
The average volatility for the week at 1.46% and for month was at 1.29%. There are 13.84M shares outstanding and 13.50M shares are floated in market. Right now the stock beta is 0.73.
Christopher Pacheco has worked as financial analyst until his retirement. He is a well-known research director and portfolio manager for more than 5 years. After many years in the market, he dedicated all his time to write articles highlighting different financial problems.
Christopher Pacheco holds a postgraduate degree in Software Engineering from Canada. ‘The stock market is filled with individuals who know the price of everything, but the value of nothing.’ Christopher is a share market expert, being personally invested for over 6 years. He believes the most valuable nugget of wisdom for new investors is a quote from Phillip Fisher. He has been writing his entire life, and while he has made a career of business and finance reporting, he still enjoys writing short stories and poetry.
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