Markel - MKL Stock Forecast, Price & News

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

3 analysts have issued 1-year price objectives for Markel's stock. Their MKL share price forecasts range from $1,300.00 to $1,600.00. On average, they expect the company's share price to reach $1,450.00 in the next year. This suggests a possible upside of 12.0% 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 $1,234.00 at the start of the year. Since then, MKL stock has increased by 4.9% and is now trading at $1,294.20.
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Markel saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 99,000 shares, a decline of 22.7% from the October 15th total of 128,100 shares. Based on an average daily trading volume, of 45,600 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.8% of the shares of the stock are short sold.
View Markel's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our MKL earnings forecast.

Markel Co. (NYSE:MKL) posted its earnings results on Monday, November, 1st. The insurance provider reported $16.54 earnings per share for the quarter, beating the consensus estimate of $11.84 by $4.70. The insurance provider earned $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. Markel had a negative net margin of 0.29% and a positive trailing twelve-month return on equity of 6.44%. During the same period in the previous year, the business posted $4.41 earnings per share.

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.94%), BlackRock Inc. (4.71%), Baillie Gifford & Co. (2.70%), DAVENPORT & Co LLC (2.44%), State Street Corp (2.26%) and Davis Selected Advisers (1.55%). Insiders that own company stock include A Lynne Puckett, Alan I Kirshner, Anthony F Markel, Anthony F Markel, Debora J Wilson, Richard R Whitt III, Steven A Markel, Stewart M Kasen and Thomas Sinnickson Gayner.
View institutional ownership trends.

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 $1,294.20.

Markel (NYSE:MKL) has a market capitalization of $17.41 billion and generates $12.85 billion in revenue each year. The insurance provider earns $2.43 billion in net income (profit) each year or ($9.83) on an earnings per share basis.

The company employs 20,300 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.