Markel - MKL Stock Forecast, Price & News

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

4 analysts have issued 1-year price targets for Markel's stock. Their MKL share price forecasts range from $1,400.00 to $1,600.00. On average, they predict the company's stock price to reach $1,516.67 in the next twelve months. This suggests a possible upside of 13.6% 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 the year. Since then, MKL shares have increased by 1.4% and is now trading at $1,335.60.
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Markel saw a decline in short interest during the month of December. As of December 30th, there was short interest totaling 90,300 shares, a decline of 16.7% from the December 15th total of 108,400 shares. Based on an average daily trading volume, of 36,600 shares, the short-interest ratio is presently 2.5 days. Approximately 0.7% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 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 (EPS) for the quarter, beating 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 negative net margin of 1.83% and a positive trailing twelve-month return on equity of 7.86%. During the same period in the previous year, the business posted $4.41 EPS.

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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.60%), DAVENPORT & Co LLC (2.44%), Fort Washington Investment Advisors Inc. OH (0.56%), Confluence Investment Management LLC (0.35%), Bank Julius Baer & Co. Ltd Zurich (0.34%) and Sumitomo Mitsui Trust Holdings Inc. (0.30%). 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.
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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 $1,335.60.

Markel (NYSE:MKL) has a market capitalization of $17.96 billion and generates $11.68 billion in revenue each year. The insurance provider earns $2.43 billion in net income (profit) each year or ($23.22) 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.