NYSE:MKL

Markel - MKL Stock Forecast, Price & News

$1,335.60

+31.96 (+2.45%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: $1,307.19
▼
$1,347.21
50-Day Range: $1,253.44
▼
$1,439.96
52-Week Range: $1,064.09
▼
$1,519.24

Volume: 52,985 shs
Average Volume: 33,658 shs
Market Capitalization: $17.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1,483.33

Institutional Ownership

Markel MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 13.6% Upside
$1,516.67 Price Target
Short Interest: Healthy
0.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.65
Upright™ Environmental Score
News Sentiment: 0.36
Based on 14 Articles This Week
Insider Trading: Acquiring Shares
$61,530 Bought Last Quarter
Proj. Earnings Growth: 7.59%
From $83.65 to $90.00 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Finance Sector

516th out of 858 stocks

Fire, Marine, & Casualty Insurance Industry

32nd out of 47 stocks

2.4

Analyst's Opinion

Consensus Rating
Markel has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1,516.67, Markel has a forecasted upside of 13.6% from its current price of $1,335.60.
Amount of Analyst Coverage
Markel has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.78% of the float of Markel has been sold short.
Short Interest Ratio / Days to Cover
Markel has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Markel has recently increased by 14.06%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Markel does not currently pay a dividend.
Dividend Growth
Markel does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Markel has received a 18.44% net impact score from Upright. Markel seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home insurance services for individuals", "Commercial general liability insurance", and "Vehicle insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Markel is -0.65.

2.4

News and Social Media Coverage

News Sentiment
Markel has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Markel this week, compared to 3 articles on an average week.
Search Interest
5 people have searched for MKL on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Markel to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Markel insiders have bought more of their company's stock than they have sold. Specifically, they have bought $61,530.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.74% of the stock of Markel is held by insiders.
Percentage Held by Institutions
75.96% of the stock of Markel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Markel are expected to grow by 7.59% in the coming year, from $83.65 to $90.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Markel is -57.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Markel is -57.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Markel has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Markel (NYSE:MKL) Stock

Markel Corp. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the Insurance and Reinsurance segments. The Insurance segment includes all direct business and facultative placements written within the company's underwriting operations. The Reinsurance segment deals with all treaty reinsurance written within the company's underwriting operations. The company was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA.

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MKL Stock News Headlines

February 4, 2023 | finance.yahoo.com

Markel Corporation (NYSE:MKL) Q4 2022 Earnings Call Transcript

February 4, 2023 | finance.yahoo.com

Markel Full Year 2022 Earnings: Beats Expectations

February 4, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

February 3, 2023 | finance.yahoo.com

Why Markel Stock Popped on Friday

February 2, 2023 | finance.yahoo.com

Markel (MKL) Q4 2022 Earnings Call Transcript

February 2, 2023 | finance.yahoo.com

Markel's (MKL) Q4 Earnings, Revenues Top Estimates, Rise Y/Y

February 1, 2023 | finance.yahoo.com

Markel reports 2022 financial results

February 1, 2023 | finance.yahoo.com

Markel (MKL) Q4 Earnings and Revenues Top Estimates

February 4, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

January 31, 2023 | americanbankingnews.com

Markel (MKL) Scheduled to Post Quarterly Earnings on Wednesday

January 30, 2023 | finance.yahoo.com

Markel Corporation (MKL) Gained on Interest Rate Hikes

January 21, 2023 | finance.yahoo.com

Markel (NYSE:MKL) shareholders are still up 24% over 5 years despite pulling back 4.1% in the past week

January 16, 2023 | finance.yahoo.com

Here’s What Makes Markel Corporation (MKL) an Attractive Investment

January 10, 2023 | fool.com

Why Markel Stock Jumped 6.8% in 2022

December 28, 2022 | fool.com

Markel (NYSE: MKL)

December 20, 2022 | finance.yahoo.com

Warren Buffett Bought 19 Stocks in 2022; These 3 Are the Best Bets for 2023

December 13, 2022 | finance.yahoo.com

Markel Corporation announces larger venue for 2023 shareholders meeting

December 13, 2022 | finance.yahoo.com

You'll Want to Own This Warren Buffett Stock When the Market Rebounds

December 5, 2022 | finance.yahoo.com

RE or MKL: Which P&C Insurance Stock is Better Placed?

November 22, 2022 | finance.yahoo.com

Markel names Jessica Cardoso as Head of Office for Markel Bermuda Limited

November 12, 2022 | finance.yahoo.com

Insider Buying: The Markel Corporation (NYSE:MKL) Co-CEO & Director Just Bought US$62k Worth Of Shares

November 11, 2022 | finance.yahoo.com

3 Best Warren Buffett Stocks to Buy for the Long Haul

November 4, 2022 | finance.yahoo.com

Markel's (MKL) Q3 Earnings Lag, Revenues Top Estimates

November 1, 2022 | finance.yahoo.com

Markel reports 2022 third quarter and nine-months results

November 1, 2022 | msn.com

Markel's Earnings: A Preview

October 26, 2022 | finance.yahoo.com

With 76% ownership of the shares, Markel Corporation (NYSE:MKL) is heavily dominated by institutional owners

October 18, 2022 | nypost.com

Claudia Jordan disputes Meghan Markle's 'Deal or No Deal' 'bimbo' claims: It 'never' happened - New York Post

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MKL Company Calendar

Last Earnings: 11/01/2021
Today: 2/04/2023
Next Earnings (Estimated): 4/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NYSE:MKL
CUSIP: 57053510
CIK: 1096343
Web: www.markel.com
Phone: (804) 747-0136
Fax: 804-965-1600
Employees: 20,300
Year Founded: 1930

Price Target and Rating

Average Stock Price Forecast: $1,516.67
High Stock Price Forecast: $1,600.00
Low Stock Price Forecast: $1,400.00
Forecasted Upside/Downside: +11.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($23.22)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.97
P/E Growth: N/A
Net Income: $2.43 billion
Net Margins: -1.83%
Pretax Margin: 0.80%
Return on Equity: 7.86%
Return on Assets: 2.03%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.66
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $11.82 billion
Price / Sales: 1.52
Cash Flow: $85.56 per share
Price / Cash Flow: 15.61
Book Value: $1,033.49 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 13,450,000
Free Float: 13,216,000
Market Cap: $17.96 billion
Optionable: Optionable
Beta: 0.77

Social Links

Key Executives

Thomas Sinnickson Gayner
Chief Executive Officer & Director

Michael R. Heaton
Executive Vice President

Richard Randolph Grinnan
Secretary, Chief Legal Officer & Senior VP

Andrew G. Crowley
President-Markel Ventures

Jeremy A. Noble
President-Insurance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MKL Stock - Frequently Asked Questions

Should I buy or sell Markel stock right now?: 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.
What is Markel's stock price forecast for 2023?: 4 Wall Street 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 year. 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.
How have MKL shares performed in 2023?: Markel's stock was trading at $1,317.49 at the start of the year. Since then, MKL stock has increased by 1.4% and is now trading at $1,335.60.
View the best growth stocks for 2023 here.
Are investors shorting Markel?: Markel saw a decrease in short interest in December. As of December 30th, there was short interest totaling 90,300 shares, a decrease of 16.7% from the December 15th total of 108,400 shares. Based on an average trading volume of 36,600 shares, the short-interest ratio is currently 2.5 days. Approximately 0.7% of the shares of the stock are short sold.
View Markel's Short Interest.
When is Markel's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our MKL earnings forecast.
How were Markel's earnings last quarter?: Markel Co. (NYSE:MKL) announced its quarterly earnings results on Monday, November, 1st. The insurance provider reported $16.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 7.86% and a negative net margin of 1.83%. During the same quarter in the prior year, the firm posted $4.41 EPS.
What is Alan I. Kirshner's approval rating as Markel's CEO?: 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.

What other stocks do shareholders of Markel own?: 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).
What is Markel's stock symbol?: Markel trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKL."
Who are Markel's major shareholders?: Markel's stock is owned by a number of 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.
View institutional ownership trends.
How do I buy shares of Markel?: 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.
Compare Top Brokerages Here.
What is Markel's stock price today?: One share of MKL stock can currently be purchased for approximately $1,335.60.
How much money does Markel make?: Markel (NYSE:MKL) has a market capitalization of $17.96 billion and generates $11.82 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.
How many employees does Markel have?: The company employs 20,300 workers across the globe.
Does Markel have any subsidiaries?: The following companies are subsidiares of Markel: Abbey Protection Plc, Allsport Insurance Marketing Ltd, Alterra Capital Holdings, Alterra Capital Holdings Limited, Black/White & Associates Insurance Brokers, Brahmin Leather Works LLC, Bridge Underwriting AB, Buckner Heavylift Cranes LLC, CapTech Ventures Inc., Caunce O'Hara & Company Limited, City National Insurance Company, Costa Farms, Costa Farms Holdings LLC, Cottrell Inc., Eagle Construction of Va. LLC, Ellicott Dredge Enterprises LLC, Essentia Insurance Company, Evanston Insurance Company, FSB Insurance Service Limited, FirstComp Insurance Company, Galleon Marine Insurance Agency Limited, Havco WP LLC, Independent Specialty Insurance Company, Lansing Building Products LLC, Lodgepine Capital Management Limited, MINT Canadian Specialty Underwriters Limited, MKL Services Company, Markel American Insurance Company, Markel Aspen Inc., Markel Bermuda Limited, Markel CATCo Investment Management Ltd., Markel CATCo Re Ltd., Markel CATCo Reinsurance Fund Ltd., Markel Canada Limited, Markel Capital Limited, Markel Consultancy Services Limited, Markel Eagle Investment II LLC, Markel Eagle Investment LLC, Markel Food Group Inc., Markel Global Reinsurance Company, Markel Holdings GmbH, Markel India Investments Inc., Markel Insurance Company, Markel Insurance S.E., Markel International Dubai Limited, Markel International Holdings Delaware Limited, Markel International Hong Kong Limited, Markel International Insurance Company Limited, Markel International Labuan Limited, Markel International Singapore Pte. Limited, Markel Law LLP, Markel Protection Limited, Markel Service Incorporated, Markel Services India Private Limited, Markel Surety Holding Corporation, Markel Syndicate Management Limited, Markel Ventures Inc., Markel West Inc., Metromont, Metromont LLC, National Specialty Insurance Company, Nautical Management Ltd., Nephila Advisors LLC, Nephila Capital, Nephila Capital Ltd., Nephila Holdings Ltd., Nephila Syndicate Management Limited, Panel Specialists Inc., ParkLand Ventures Inc., PartnerMD LLC, Pinnacle National Insurance Company, Prairie State Administrative Services Inc., Retail Data LLC, Rosemont Investment Group LLC, Rubik Reinsurance Ltd., Schouten Insurance International B.V., State National Companies, State National Companies Inc., State National Insurance Company Inc., Superior Specialty Insurance Company, SureTec Financial Corp., SureTec Insurance Company, Surety International SPC, T.B.A. Insurance Group Ltd., Terra Nova Holdings Ltd, Thompson Insurance Enterprises, United Specialty Insurance Company, VSC Fire & Security Inc., Volante DIFC Ltd, Volante Germany GmbH, Volante International Limited, Volante Specialty Risk LLC, and Weldship LLC.
Read More
How can I contact Markel?: 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.

This page (NYSE:MKL) was last updated on 2/4/2023 by MarketBeat.com Staff

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Markel - MKL Stock Forecast, Price & News

Markel MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Markel (NYSE:MKL) Stock

MKL Stock News Headlines

MKL Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

MKL Stock - Frequently Asked Questions

Overall MarketRank^™