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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 $1,618.29, up 0.13% from the previous day, and has increased 22.73% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.05 percentage points. Markel Group stock is currently +24.9% from its 52-week low of $1,295.65, and -3.11% from its 52-week high of $1,670.24.

At the moment, there are 13M shares of MKL outstanding. The market value of MKL is $21.04B. In the last 24 hours, 28,071 MKL shares were traded.

How to Buy Markel Group Stock

Wondering how to invest in Markel Group stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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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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.

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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

MKL Price
$1,618.29
1w %
-2.7%
1y %
22.73%
5y %
52.73%
P/E
8.73x
P/B
1.34x
P/S
1.27x
PEG
0.32x
Revenue
$16.63B
Earnings
$2.50B
Fore. Rev. Growth
-2.4%
Fore. Earn. Growth
N/A
Market Cap
$21.04B
Next Earnings
N/A
Next Dividend
N/A

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 undervalued based on its P/E ratio of 8.73x, relative to Insurance - Property & Casualty industry P/E ratio of 16.99x
  • MKL could be undervalued based on its P/B ratio of 1.34x, relative to Insurance - Property & Casualty industry P/B ratio of 2.16x
  • MKL may be undervalued based on its PEG ratio of 0.32x

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 $3.13B allows it to safely service it's debt of $3.86B.
  • MKL earnings of $3.43B is not sufficient to cover its interest payments.
  • MKL profit margin has gone up from 2.3% to 15% in the past year.

Negative Health Checks:

  • MKL has a relatively high debt to equity ratio of 2.61.
  • Total MKL debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy MKL stock, according to Wall Street analysts?

Out of 2 Equities analysts who give recommendations on MKL, the consensus analyst rating on Markel Group is a Hold

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

SMA10
1,639.2
SMA20
1,602.29
SMA50
1,530.82
SMA100
1,493.95
SMA200
1,470.17
MACD
36.07
MACD Signal
39.84
MACD Histogram
-3.76
RSI
58.69
Stochastic %K
55.49
Stochastic %D
69.81
StochRSI %K
5.33
StochRSI %D
10.85

Is MKL Growing Revenue?

Last year, MKL earnings were $2.50B. Over the past 5 year, MKL's earnings have gone up by 37.63% per year. This was faster than the Insurance - Property & Casualty industry average of 18.4%.

Last year, MKL revenue was $16.63B. In the past 5 year, MKL's revenue has grown by 16.53% per year. This was faster than the Insurance - Property & Casualty industry average of 11.21%.

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.

Steven A. Markel, Director of MKL, was the latest MKL insider to sell. They sold $32,987.20 worth of MKL stock on May 21, 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.

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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:

  1. Figure out where to buy Markel Group stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Markel Group stock
  5. Make your MKL purchase
  6. Get key alerts regarding your investment in MKL

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If you would like to keep track of your new investment in Markel Group, create a watchlist on WallStreetZen today.

NYSE: MKL
$1,618.29+2.16 (+0.13%)
Updated May 24, 2024
Open eToro Account
NYSE: MKL
$1,618.29+2.16 (+0.13%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Markel Group share?

As of May 24, 2024, it costs $1,618.29 to buy one share of Markel Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.062 shares of MKL.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Markel Group stock?

According to 2 Wall Street analysts who monitor Markel Group, their consensus recommendation is to hold Markel Group stock.

What is the best way to buy Markel Group stock?

One way to place an order for Markel Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.