Markel (MKL) Stock Forecast, Price Target & Predictions
MKL Stock Forecast
Markel stock forecast is as follows: an average price target of $1.56K (represents a -13.57% downside from MKL’s last price of $1.80K) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
MKL Price Target
The average price target for Markel (MKL) is $1.56K based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $1.63K to $1.50K. This represents a potential -13.57% downside from MKL's last price of $1.80K.
MKL Analyst Ratings
According to 5 Wall Street analysts, Markel's rating consensus is 'Hold'. The analyst rating breakdown for MKL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Markel Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 03, 2024 | Scott Heleniak | RBC Capital | $1.63K | $1.58K | 3.07% | -9.87% |
| Dec 22, 2022 | Janney Montgomery | $1.55K | $1.28K | 21.02% | -14.03% | |
| Apr 28, 2022 | Truist Financial | $1.50K | $1.38K | 8.33% | -16.81% | |
| Apr 28, 2022 | RBC Capital | $1.65K | $1.38K | 19.43% | -8.49% |
The latest Markel stock forecast, released on May 03, 2024 by Scott Heleniak from RBC Capital, set a price target of $1.63K, which represents a 3.07% increase from the stock price at the time of the forecast ($1.58K), and a -9.87% decrease from MKL last price ($1.80K).
Markel Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $1.63K |
| Last Closing Price | $1.80K | $1.80K | $1.80K |
| Upside/Downside | -100.00% | -100.00% | -9.87% |
In the current month, the average price target of Markel stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Markel's last price of $1.80K. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 02, 2024 | Cowen & Co. | Buy | Hold | Downgrade |
| Oct 09, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 23, 2024 | Citigroup | Sell | Sell | Hold |
| Jul 09, 2024 | Cowen & Co. | Buy | Initialise | |
| May 03, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Feb 05, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 22, 2022 | Janney Montgomery | Buy | Initialise | |
| Apr 28, 2022 | RBC Capital | Outperform | Outperform | Hold |
Markel's last stock rating was published by Cowen & Co. on Dec 02, 2024. The company Downgrade its MKL rating from "Buy" to "Hold".
Markel Financial Forecast
Markel Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.38B | $4.13B | $3.61B | $4.11B | $3.19B | $1.90B | $2.66B | $3.77B | $2.74B | $3.48B | $2.92B | $3.26B | $2.84B |
| Avg Forecast | $4.19B | $4.15B | $4.34B | $3.94B | $3.76B | $3.91B | $4.49B | $4.02B | $3.15B | $3.43B | $4.15B | $3.77B | $2.99B | $3.96B | $4.00B | $3.55B | $3.21B | $3.72B | $3.47B | $3.71B | $3.16B | $3.32B | $3.23B | $3.13B | $2.81B | $2.65B | $2.60B | $2.53B | $2.19B | $2.45B |
| High Forecast | $4.27B | $4.23B | $4.42B | $4.01B | $3.83B | $3.98B | $4.57B | $4.09B | $3.20B | $3.49B | $4.22B | $3.79B | $3.07B | $3.97B | $4.00B | $3.55B | $3.25B | $3.86B | $3.53B | $3.78B | $3.24B | $3.32B | $3.23B | $3.13B | $2.81B | $2.65B | $2.60B | $2.53B | $2.19B | $2.45B |
| Low Forecast | $4.15B | $4.11B | $4.30B | $3.90B | $3.72B | $3.87B | $4.44B | $3.98B | $3.12B | $3.39B | $4.11B | $3.75B | $2.94B | $3.95B | $4.00B | $3.55B | $3.13B | $3.67B | $3.44B | $3.67B | $3.13B | $3.32B | $3.23B | $3.13B | $2.81B | $2.65B | $2.60B | $2.53B | $2.19B | $2.45B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.19% | 0.97% | 1.30% | 0.96% | 0.59% | 0.85% | 1.34% | 1.03% | 1.34% | 1.15% | 1.49% | 1.16% |
Markel's average Quarter revenue forecast for Dec 23 based on 4 analysts is $3.21B, with a low forecast of $3.13B, and a high forecast of $3.25B. MKL's average Quarter revenue forecast represents a -4.77% decrease compared to the company's last Quarter revenue of $3.38B (Sep 23).
Markel EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $72.81M | $-525.30M | $753.90M | $2.05B | $174.13M | $-1.06B | $24.47M | $1.23B | $328.21M | $1.10B | $804.01M | $1.10B | $670.16M |
| Avg Forecast | $791.35M | $783.15M | $819.24M | $742.73M | $709.02M | $737.99M | $846.27M | $757.49M | $593.72M | $646.75M | $782.22M | $711.46M | $563.56M | $747.28M | $754.63M | $27.75M | $606.35M | $702.13M | $654.71M | $25.23M | $1.19B | $8.77M | $8.52M | $19.94M | $7.41M | $7.00M | $6.86M | $765.72M | $5.79M | $6.47M |
| High Forecast | $805.59M | $797.24M | $833.98M | $756.10M | $721.77M | $751.27M | $861.49M | $771.12M | $604.41M | $658.39M | $796.29M | $715.37M | $578.55M | $749.60M | $754.63M | $33.30M | $612.81M | $728.46M | $666.49M | $30.27M | $1.43B | $8.77M | $8.52M | $23.93M | $7.41M | $7.00M | $6.86M | $918.87M | $5.79M | $6.47M |
| Low Forecast | $783.48M | $775.36M | $811.09M | $735.34M | $701.96M | $730.65M | $837.85M | $749.95M | $587.82M | $640.32M | $774.44M | $707.55M | $554.57M | $744.97M | $754.63M | $22.20M | $590.18M | $691.41M | $648.20M | $20.18M | $950.08M | $8.77M | $8.52M | $15.95M | $7.41M | $7.00M | $6.86M | $612.58M | $5.79M | $6.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | -0.80% | 29.88% | 1.73% | 19.85% | -124.45% | 1.23% | 165.48% | 46.86% | 159.80% | 1.05% | 189.25% | 103.55% |
4 analysts predict MKL's average Quarter EBITDA for Dec 23 to be $606.35M, with a high of $612.81M and a low of $590.18M. This is 732.78% upper than Markel's previous annual EBITDA (Sep 23) of $72.81M.
Markel Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.74M | $695.51M | $488.65M | $689.71M | $122.53M | $-883.39M | $-49.91M | $875.05M | $188.07M | $792.11M | $573.69M | $847.30M | $452.73M |
| Avg Forecast | $353.18M | $335.35M | $382.96M | $331.79M | $347.76M | $312.38M | $379.89M | $321.34M | $323.25M | $312.80M | $346.62M | $286.72M | $247.37M | $278.94M | $290.25M | $-59.93M | $269.63M | $255.32M | $228.77M | $-54.48M | $843.95M | $178.67M | $264.65M | $-43.07M | $211.95M | $150.32M | $202.77M | $546.38M | $109.01M | $30.74M |
| High Forecast | $361.44M | $343.20M | $391.92M | $339.56M | $355.90M | $319.68M | $388.78M | $328.85M | $330.81M | $320.12M | $354.73M | $295.33M | $281.80M | $280.38M | $296.74M | $-47.95M | $320.86M | $301.54M | $234.13M | $-43.59M | $1.01B | $178.67M | $264.65M | $-34.46M | $211.95M | $150.32M | $202.77M | $655.65M | $109.01M | $30.74M |
| Low Forecast | $348.61M | $331.02M | $378.00M | $327.50M | $343.26M | $308.34M | $374.98M | $317.18M | $319.07M | $308.75M | $342.13M | $273.06M | $221.92M | $277.50M | $283.76M | $-71.92M | $248.47M | $205.06M | $225.82M | $-65.38M | $675.16M | $178.67M | $264.65M | $-51.68M | $211.95M | $150.32M | $202.77M | $437.10M | $109.01M | $30.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | 3.04% | -8.97% | 0.82% | 0.69% | -3.34% | 1.16% | 4.13% | 1.25% | 3.91% | 1.05% | 7.77% | 14.73% |
Markel's average Quarter net income forecast for Dec 23 is $269.63M, with a range of $248.47M to $320.86M. MKL's average Quarter net income forecast represents a 229.87% increase compared to the company's last Quarter net income of $81.74M (Sep 23).
Markel SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $210.23M | $208.05M | $217.64M | $197.31M | $188.35M | $196.05M | $224.82M | $201.23M | $157.73M | $171.81M | $207.80M | $189.00M | $149.71M | $198.52M | $200.47M | $177.91M | $161.08M | $186.52M | $173.93M | $185.98M | $158.49M | $47.16M | $45.79M | $44.42M | $39.82M | $37.65M | $36.86M | $35.91M | $31.14M | $34.79M |
| High Forecast | $214.01M | $211.79M | $221.55M | $200.86M | $191.74M | $199.58M | $228.86M | $204.85M | $160.56M | $174.91M | $211.54M | $190.04M | $153.70M | $199.14M | $200.47M | $177.91M | $162.80M | $193.52M | $177.06M | $189.32M | $162.34M | $47.16M | $45.79M | $44.42M | $39.82M | $37.65M | $36.86M | $35.91M | $31.14M | $34.79M |
| Low Forecast | $208.14M | $205.98M | $215.47M | $195.35M | $186.48M | $194.10M | $222.58M | $199.23M | $156.16M | $170.11M | $205.73M | $187.97M | $147.33M | $197.91M | $200.47M | $177.91M | $156.78M | $183.68M | $172.20M | $184.13M | $156.72M | $47.16M | $45.79M | $44.42M | $39.82M | $37.65M | $36.86M | $35.91M | $31.14M | $34.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Markel's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to MKL last annual SG&A of $NaN (undefined).
Markel EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.14 | $50.20 | $39.99 | $49.21 | $9.03 | $-64.90 | $-3.66 | $63.86 | $15.12 | $57.12 | $42.09 | $59.44 | $31.07 |
| Avg Forecast | $27.13 | $25.76 | $29.42 | $25.49 | $26.72 | $24.00 | $29.18 | $24.69 | $24.83 | $24.03 | $26.63 | $22.03 | $19.00 | $21.43 | $22.30 | $17.93 | $20.71 | $19.61 | $17.58 | $16.14 | $18.34 | $13.66 | $20.23 | $16.60 | $16.20 | $11.49 | $15.50 | $10.50 | $8.33 | $2.35 |
| High Forecast | $27.77 | $26.37 | $30.11 | $26.09 | $27.34 | $24.56 | $29.87 | $25.26 | $25.41 | $24.59 | $27.25 | $22.69 | $21.65 | $21.54 | $22.80 | $17.93 | $24.65 | $23.17 | $17.99 | $16.52 | $18.92 | $13.66 | $20.23 | $16.60 | $16.20 | $11.49 | $15.50 | $10.50 | $8.33 | $2.35 |
| Low Forecast | $26.78 | $25.43 | $29.04 | $25.16 | $26.37 | $23.69 | $28.81 | $24.37 | $24.51 | $23.72 | $26.28 | $20.98 | $17.05 | $21.32 | $21.80 | $17.93 | $19.09 | $15.75 | $17.35 | $15.93 | $18.07 | $13.66 | $20.23 | $16.60 | $16.20 | $11.49 | $15.50 | $10.50 | $8.33 | $2.35 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | 2.86% | 2.48% | 2.68% | 0.66% | -3.21% | -0.22% | 3.94% | 1.32% | 3.68% | 4.01% | 7.13% | 13.22% |
According to 4 Wall Street analysts, Markel's projected average Quarter EPS for Dec 23 is $20.71, with a low estimate of $19.09 and a high estimate of $24.65. This represents a 237.36% increase compared to MKL previous annual EPS of $6.14 (Sep 23).
Markel Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RLI | RLI | $72.26 | $173.50 | 140.11% | Buy |
| SKWD | Skyward Specialty Insurance Group | $43.48 | $51.00 | 17.30% | Buy |
| PGR | Progressive | $246.40 | $278.09 | 12.86% | Buy |
| TRV | Travelers Companies | $249.52 | $280.63 | 12.47% | Hold |
| CB | Chubb | $275.83 | $306.25 | 11.03% | Buy |
| WRB | W. R. Berkley | $58.67 | $65.00 | 10.79% | Buy |
| ALL | Allstate | $190.81 | $209.57 | 9.83% | Buy |
| UFCS | United Fire Group | $25.20 | $26.00 | 3.17% | Hold |
| MKL | Markel | $1.80K | $1.56K | -13.57% | Hold |