Markel (MKL) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Markel in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MKL shares.
View MKL analyst ratings or view top-rated stocks.

3 brokerages have issued 12-month price objectives for Markel's stock. Their MKL share price forecasts range from $1,400.00 to $1,600.00. On average, they expect the company's stock price to reach $1,516.67 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for MKL or view top-rated stocks among Wall Street analysts.

Markel's stock was trading at $1,317.49 at the beginning of 2023. Since then, MKL shares have increased by 2.1% and is now trading at $1,345.01.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our MKL earnings forecast.

Markel Co. (NYSE:MKL) posted its quarterly earnings results on Monday, November, 1st. The insurance provider reported $16.54 earnings per share for the quarter, topping the consensus estimate of $11.84 by $4.70. The insurance provider had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. Markel had a net margin of 2.58% and a trailing twelve-month return on equity of 8.13%. During the same quarter last year, the company earned $4.41 EPS.

ETFs with the largest weight of Markel (NYSE:MKL) stock in their portfolio include Davis Select Financial ETF (DFNL), Motley Fool Mid-Cap Growth ETF (TMFM), Davis Select U.S. Equity ETF (DUSA), iShares U.S. Insurance ETF (IAK), SPDR S&P Insurance ETF (KIE), Touchstone US Large Cap Focused ETF (LCF), Motley Fool Next Index ETF (TMFX) and WisdomTree U.S. Growth & Momentum Fund (WGRO).

99 employees have rated Markel Chief Executive Officer Alan I. Kirshner on Glassdoor.com. Alan I. Kirshner has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Markel investors own include NVIDIA (NVDA), Mastercard (MA), Netflix (NFLX), PayPal (PYPL), Berkshire Hathaway (BRK.B), Walt Disney (DIS), Shopify (SHOP), Visa (V), Corning (GLW) and Arista Networks (ANET).

Markel trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKL."

Markel's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.96%), Principal Financial Group Inc. (4.39%), Berkshire Hathaway Inc (3.53%), DAVENPORT & Co LLC (2.43%), Baillie Gifford & Co. (2.38%) and State Street Corp (2.24%). Insiders that own company stock include A Lynne Puckett, Anthony F Markel, Anthony F Markel, Lawrence A Cunningham, Morgan E Housel, Richard R Whitt III, Steven A Markel, Stewart M Kasen and Thomas Sinnickson Gayner.
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Shares of MKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MKL stock can currently be purchased for approximately $1,345.01.

Markel (NYSE:MKL) has a market capitalization of $17.96 billion and generates $11.68 billion in revenue each year. The insurance provider earns $-214,120,000.00 in net income (profit) each year or $20.62 on an earnings per share basis.

The company employs 20,900 workers across the globe.

Markel's mailing address is 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA, 23060. The official website for the company is www.markel.com. The insurance provider can be reached via phone at (804) 747-0136, via email at investorrelations@markelcorp.com, or via fax at 804-965-1600.