How to Buy Markel Group Stock
Markel Group Inc
Markel Group is a property & casualty insurance company located in Virginia, United States, which is part of the Financial Services sector, and is traded under the ticker MKL on the NYSE exchange.
Markel Group stock last closed at $1,458.40, up 0.63% from the previous day, and has increased 6.07% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.13 percentage points. Markel Group stock is currently +12.56% from its 52-week low of $1,295.65, and -6.51% from its 52-week high of $1,560.00.
At the moment, there are 13.11M shares of MKL outstanding. The market value of MKL is $19.12B. In the last 24 hours, 33,553 MKL shares were traded.
How to Buy Markel Group Stock
Wondering how to invest in Markel Group stock? Here's how.
- Figure out where to buy Markel Group stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Markel Group stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your info.
- Evaluate Markel Group stock: The Markel Group ticker symbol is MKL. Is Markel Group stock a good investment? Should you buy shares of MKL? How do MKL's underlying business fundamentals look? Do top analysts think Markel Group is a good buy? Why has MKL's stock price moved recently? (Hint: Our stock research tools can help you understand if MKL is a good stock to buy).
- Make your MKL purchase: Decide if you will purchase MKL shares at the current market price or use a limit order to purchase MKL stock at a given price.
- Get key alerts regarding your investment in MKL: Create a watchlist to key updates about your investment in Markel Group shares.
Step 1: Figure out where to buy Markel Group stock
You will need an online brokerage account to access the NYSE market and buy MKL stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to invest in MKL today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you have filled out your info on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Evaluate Markel Group stock
Once you have chosen the best place to buy Markel Group stock, it's very important to evaluate their stock before you buy, so you actually understand the risk as well as the upside.
Markel Group Numbers
Markel Group Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MKL's stock page.
How is MKL stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MKL's fair value.
Using relative valuations metrics:
- MKL may be overvalued based on its P/E ratio of 9.9x, relative to Insurance - Property & Casualty industry P/E ratio of 4.2x
- MKL could be undervalued based on its P/B ratio of 1.28x, relative to Insurance - Property & Casualty industry P/B ratio of 2.18x
- MKL may be overvalued based on its PEG ratio of 4.08x
You can access more valuation analysis on MKL's stock here.
A quick look at MKL Financials
Positive Health Checks:
- MKL's operating cash flow of $2.79B allows it to safely service it's debt of $3.78B.
- Total MKL debt is lower than 5 years ago, relative to shareholder equity.
- MKL profit margin has gone up from -2.2% to 12.4% in the past year.
- MKL earnings of $2.73B is not sufficient to cover its interest payments.
Negative Health Checks:
- MKL has a relatively high debt to equity ratio of 2.64.
Is it a good time to buy MKL stock, according to Wall Street analysts?
Out of 4 Equities analysts who give recommendations on MKL, the consensus analyst rating on Markel Group is a Sell
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Markel Group stock forecast page.
MKL Trading Indicators
Is MKL Growing Revenue?
Last year, MKL earnings were $1.96B. Over the past 4 year, MKL's earnings have gone up by 3.33% per year. This was slower than the Insurance - Property & Casualty industry average of 11.68%.
Last year, MKL revenue was $15.80B. In the past 5 year, MKL's revenue has grown by 18.23% per year. This was faster than the Insurance - Property & Casualty industry average of 11.87%.
Dig into MKL's earnings and revenue performance here.
What are MKL insiders up to?
Over the past 12 months, insiders at MKL have sold more shares than they have bought.
Brian J. Costanzo, Chief Financial Officer of MKL, was the latest MKL insider to buy. They bought $1,220.99 worth of MKL stock on Mar 28, 2024.
Dig into more about who owns MKL stock here.
Does MKL provide a stable income stream?
No, Markel Group doesn't provide an income stream by paying out dividends.
MKL Social Trading Data
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Step 5: Make your MKL purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in MKL
Now that you own some MKL stock, you'll want to stay up-to-date on your shares.
Start a watchlist to monitor your MKL stock.
MKL Feed
How to Buy Stock in Markel Group
To reiterate, here are the 6 steps to buy Markel Group stock:
- Figure out where to buy Markel Group stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Markel Group stock
- Make your MKL purchase
- Get key alerts regarding your investment in MKL
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Markel Group, create a watchlist on WallStreetZen today.
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