Markel - MKL Stock Forecast, Price & News

4 Wall Street 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 analysts is that investors should "buy" MKL shares.
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4 equities research analysts 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 predict the company's share price to reach $1,516.67 in the next twelve months. This suggests a possible upside of 24.7% 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 stock has decreased by 7.7% and is now trading at $1,215.92.
View the best growth stocks for 2023 here.

Markel saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 76,500 shares, a decrease of 11.0% from the February 13th total of 86,000 shares. Based on an average daily volume of 35,200 shares, the short-interest ratio is currently 2.2 days. Approximately 0.6% of the shares of the company are sold short.
View Markel's Short Interest.

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) issued its 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 earned $2.71 billion during the quarter, compared to analysts' expectations of $2.74 billion. Markel had a positive trailing twelve-month return on equity of 7.85% and a negative net margin of 1.83%. During the same period in the prior 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), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Davis Select U.S. Equity ETF (DUSA), iShares U.S. Insurance ETF (IAK), First Trust US Equity Opportunities ETF (FPX), SPDR S&P Insurance ETF (KIE) and Touchstone US Large Cap Focused ETF (LCF).

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 Principal Financial Group Inc. (4.44%), Morgan Stanley (3.94%), Baillie Gifford & Co. (2.61%), DAVENPORT & Co LLC (2.44%), Davis Selected Advisers (1.86%) and Geode Capital Management LLC (1.29%). 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 $1,215.92.

Markel (NYSE:MKL) has a market capitalization of $16.31 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 ($23.22) 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.