Markel Group, Inc. (NYSE:MKL) Q4 2024 Earnings Conference Call February 6, 2025 9:30 AM ET Company Participants Tom Gayner - CEO Brian Costanzo - CFO Jeremy Noble - President, Insurance Operations Mike Heaton - COO Conference Call Participants Mark Hughes - Truist Andrew Kligerman - TD Securities Andrew Anderson - Jefferies John Fox - Fenimore Asset Management Scott Heleniak - RBC Capital Markets Operator Good morning, and welcome to the March 4 Conference Call. All participants will be in listen-only mode. ...

Markel (MKL 6.39%) is often compared to an earlier-stage Berkshire Hathaway because it's an insurance company that also makes stock market investments and acquires businesses. And like Berkshire, Markel isn't known for its rapid price swings.However, the stock is soaring after the company reported its fourth-quarter earnings. As of 10:10 a.m. ET, Markel's stock was up by nearly 7% for the day to a new all-time high, surpassing the $2,000 share price for the first time ever.Strong resultsTo be sure, Markel's ...

Markel Group (MKL) reported $3.72 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 0.4%. EPS of $20.51 for the same period compares to $56.48 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.73 billion, representing a surprise of -0.10%. The company delivered an EPS surprise of +4.96%, with the consensus EPS estimate being $19.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

Markel Group (MKL) came out with quarterly earnings of $20.51 per share, beating the Zacks Consensus Estimate of $19.54 per share. This compares to earnings of $56.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.96%. A quarter ago, it was expected that this insurer would post earnings of $21.97 per share when it actually produced earnings of $17.34, delivering a surprise of -21.07%.Over the last four quarters, the company ...

For more information contact: Investor Relations Markel Group Inc. IR@markel.com For immediate release Markel Group reports 2024 financial results Richmond, VA, Feb. 5, 2025 -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the year ended December 31, 2024. "In 2024, we exceeded our target with strong returns from our public equity portfolio, continued growth in Ventures, and notable performance in many areas of our insurance business, all while staying true to our values and strivin ...

RICHMOND, Va., Feb. 5, 2025  /PRNewswire/ -- Markel Group Inc.'s (NYSE: MKL) focus on a zealous pursuit of excellence has been a key to its success.  As a result of that focus, the Company has delivered total shareholder returns of over 20,000% since our initial public offering in 1986, reflecting a compound annual growth rate of 15% and a performance in the very top tier of public companies over that time period.   A few years ago, we entered a pivotal period of transition that would shape the future of ou ...

RICHMOND, Va., Feb. 5, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the year ended December 31, 2024."In 2024, we exceeded our target with strong returns from our public equity portfolio, continued growth in Ventures, and notable performance in many areas of our insurance business, all while staying true to our values and striving for excellence," said Tom Gayner, Chief Executive Officer of Markel Group. "Over the past two years, Markel Group has made significa ...

Specialty insurer also planning to migrate Guidewire BillingCenter to the cloud; selects Guidewire ClaimCenter for its International Wholesale operation RICHMOND, Va. and SAN MATEO, Calif., Feb. 4, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), and Guidewire (NYSE: GWRE) announced that Markel successfully migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its claims and IT operations. The company implemented Cla ...

RICHMOND, Va., Feb. 3, 2025 /PRNewswire/ -- In an effort to better serve its clients, Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that it will streamline its US professional liability products into four separate pillars effective immediately. These pillars will consist of management liability, errors and omissions (E&O), cyber, and financial institutions.As part of this realignment, Markel will move its access point for Public Directors & Officers (D&O) and large f ...

I consider Markel (NYSE: MKL ) a 'buy' at a share price of $1,810, with an expected 11.1% compound annual growth rate through 2028. Given its strong and stable insurance engine, Thomas Gayner's (CEO of Markel) passion for capital allocation and investing, and the promising Markel Ventures engine, IHello, I am an 25 year old passionate investor from The Netherlands. I am here to share my passion for investing and writing articles with you. My investment universe is framed around high-quality companies with a ...