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 -1.28% downside from MKL’s last price of $1.58K) and a rating consensus of 'Buy', based on 4 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 4 Wall Street analysts in the past 3 months, with a price target range of $1.63K to $1.50K. This represents a potential -1.28% downside from MKL's last price of $1.58K.
MKL Analyst Ratings
According to 4 Wall Street analysts, Markel's rating consensus is 'Buy'. The analyst rating breakdown for MKL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), 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% | 2.95% |
| Dec 22, 2022 | - | Janney Montgomery | $1.55K | $1.28K | 21.02% | -1.80% |
| Apr 28, 2022 | - | Truist Financial | $1.50K | $1.38K | 8.33% | -4.97% |
| Apr 28, 2022 | - | RBC Capital | $1.65K | $1.38K | 19.43% | 4.53% |
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 2.95% increase from MKL last price ($1.58K).
Markel Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $1.63K |
| Last Closing Price | $1.58K | $1.58K | $1.58K |
| Upside/Downside | -100.00% | -100.00% | 2.95% |
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 $1.58K. 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 |
|---|---|---|---|---|
| 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 Citigroup on Jul 23, 2024. The company gave MKL a "Sell" rating, the same as its previous rate.
Markel Financial Forecast
Markel Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.38B | $4.13B | $3.61B | $4.11B | $3.19B | - | $2.66B | $3.77B | $2.74B | $3.48B | $2.92B | $3.26B | $2.84B | $3.10B | $433.95M | $2.53B | $2.09B |
| Avg Forecast | $2.19B | $2.32B | $2.63B | $2.50B | $3.44B | $4.20B | $4.58B | $4.14B | $3.27B | $3.98B | $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 | $2.12B | $2.40B | $1.97B | $2.18B |
| High Forecast | $2.26B | $2.40B | $2.71B | $2.58B | $3.55B | $4.34B | $4.72B | $4.27B | $3.37B | $4.01B | $4.13B | $3.66B | $3.25B | $3.86B | $3.58B | $3.83B | $3.26B | $3.43B | $3.23B | $3.21B | $2.88B | $2.72B | $2.66B | $2.59B | $2.25B | $2.51B | $2.17B | $2.46B | $2.02B | $2.23B |
| Low Forecast | $2.13B | $2.26B | $2.55B | $2.43B | $3.35B | $4.09B | $4.45B | $4.03B | $3.18B | $3.95B | $3.89B | $3.45B | $3.13B | $3.67B | $3.38B | $3.61B | $3.08B | $3.23B | $3.23B | $3.09B | $2.77B | $2.62B | $2.57B | $2.50B | $2.17B | $2.42B | $2.09B | $2.37B | $1.94B | $2.15B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.19% | 0.97% | 1.30% | 0.96% | - | 0.85% | 1.34% | 1.03% | 1.34% | 1.15% | 1.49% | 1.16% | 1.46% | 0.18% | 1.28% | 0.96% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $72.81M | $-525.30M | $753.90M | $2.05B | $174.13M | - | $24.47M | $1.23B | $328.21M | $1.10B | $804.01M | $1.10B | $670.16M | $1.25B | $-1.69B | $719.24M | $346.77M |
| Avg Forecast | $5.77M | $6.14M | $6.93M | $6.59M | $9.08M | $11.10M | $12.08M | $10.93M | $8.63M | $10.50M | $10.56M | $27.75M | $8.48M | $9.82M | $9.16M | $25.23M | $8.35M | $287.19M | $8.52M | $19.94M | $1.08B | $307.16M | $833.87M | $765.72M | $1.19B | $1.08B | $820.49M | $-4.89B | $505.52M | $202.36M |
| High Forecast | $5.96M | $6.33M | $7.15M | $6.80M | $9.37M | $11.45M | $12.46M | $11.28M | $8.90M | $10.58M | $10.89M | $33.30M | $8.57M | $10.19M | $9.45M | $30.27M | $8.61M | $344.63M | $8.52M | $23.93M | $1.30B | $368.59M | $1.00B | $918.87M | $1.42B | $1.29B | $984.59M | $-3.91B | $606.62M | $242.84M |
| Low Forecast | $5.62M | $5.97M | $6.74M | $6.41M | $8.83M | $10.79M | $11.75M | $10.64M | $8.40M | $10.41M | $10.27M | $22.20M | $8.26M | $9.67M | $8.91M | $20.18M | $8.12M | $229.75M | $8.52M | $15.95M | $863.71M | $245.72M | $667.10M | $612.58M | $949.21M | $860.59M | $656.39M | $-5.86B | $404.42M | $161.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.41% | -57.35% | 29.88% | 246.04% | 0.61% | - | 1.23% | 1.14% | 1.07% | 1.31% | 1.05% | 0.92% | 0.62% | 1.52% | 0.35% | 1.42% | 1.71% |
4 analysts predict MKL's average Quarter EBITDA for Dec 23 to be $8.48M, with a high of $8.57M and a low of $8.26M. This is -88.35% lower than Markel's previous annual EBITDA (Sep 23) of $72.81M.
Markel Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.74M | $695.51M | $488.65M | $689.71M | $122.53M | - | $-49.91M | $875.05M | $188.07M | $792.11M | $573.69M | $847.30M | $452.73M | $921.77M | $-1.41B | $511.10M | $205.64M |
| Avg Forecast | $340.29M | $346.07M | $357.53M | $311.92M | $327.64M | $332.30M | $349.72M | $299.34M | $270.73M | $273.42M | $291.68M | $-59.93M | $270.95M | $256.57M | $229.90M | $-54.48M | $239.87M | $164.57M | $266.23M | $-43.07M | $767.23M | $176.01M | $602.93M | $546.38M | $916.98M | $726.71M | $605.70M | $-3.97B | $378.14M | $133.77M |
| High Forecast | $354.29M | $360.30M | $372.23M | $324.75M | $341.11M | $345.97M | $364.10M | $311.65M | $281.87M | $320.46M | $303.67M | $-47.95M | $322.43M | $303.02M | $239.35M | $-43.59M | $249.73M | $197.48M | $266.23M | $-34.46M | $920.67M | $211.21M | $723.51M | $655.65M | $1.10B | $872.06M | $726.84M | $-3.17B | $453.77M | $160.53M |
| Low Forecast | $328.30M | $333.87M | $344.92M | $300.93M | $316.09M | $320.59M | $337.39M | $288.79M | $261.19M | $231.90M | $281.39M | $-71.92M | $249.70M | $206.07M | $221.80M | $-65.38M | $231.41M | $131.65M | $266.23M | $-51.68M | $613.78M | $140.81M | $482.34M | $437.10M | $733.58M | $581.37M | $484.56M | $-4.76B | $302.52M | $107.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | 3.03% | -8.97% | 2.88% | 0.74% | - | 1.16% | 1.14% | 1.07% | 1.31% | 1.05% | 0.92% | 0.62% | 1.52% | 0.35% | 1.35% | 1.54% |
Markel's average Quarter net income forecast for Dec 23 is $270.95M, with a range of $249.70M to $322.43M. MKL's average Quarter net income forecast represents a 231.49% increase compared to the company's last Quarter net income of $81.74M (Sep 23).
Markel SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $217.56M | $176.92M | $153.36M |
| Avg Forecast | $31.04M | $32.99M | $37.26M | $35.42M | $48.81M | $59.65M | $64.95M | $58.78M | $46.39M | $56.43M | $56.76M | $50.37M | $45.61M | $52.81M | $49.24M | $52.66M | $44.87M | $47.16M | $45.79M | $44.42M | $39.82M | $37.65M | $36.86M | $35.91M | $31.14M | $34.79M | $30.08M | $614.11M | $130.89M | $99.76M |
| High Forecast | $32.02M | $34.03M | $38.43M | $36.54M | $50.35M | $61.54M | $67.00M | $60.64M | $47.86M | $56.88M | $58.56M | $51.97M | $46.09M | $54.79M | $50.80M | $54.32M | $46.29M | $48.66M | $45.79M | $45.52M | $40.81M | $38.59M | $37.77M | $36.80M | $31.92M | $35.66M | $30.83M | $736.93M | $157.07M | $119.72M |
| Low Forecast | $30.20M | $32.09M | $36.25M | $34.46M | $47.48M | $58.03M | $63.19M | $57.19M | $45.13M | $55.98M | $55.22M | $49.01M | $44.39M | $52.01M | $47.91M | $51.23M | $43.66M | $45.89M | $45.79M | $43.89M | $39.35M | $37.20M | $36.42M | $35.48M | $30.77M | $34.38M | $29.72M | $491.29M | $104.72M | $79.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.35% | 1.35% | 1.54% |
Markel's average Quarter SG&A projection for Jun 20 is $30.08M, based on 7 Wall Street analysts, with a range of $29.72M to $30.83M. The forecast indicates a -86.17% fall compared to MKL last annual SG&A of $217.56M (Mar 20).
Markel EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.14 | $50.20 | $39.99 | $49.21 | $9.03 | - | $-3.66 | $63.86 | $15.12 | $57.12 | $42.09 | $59.44 | $31.07 | $65.81 | $-100.60 | $36.34 | $13.97 |
| Avg Forecast | $26.01 | $26.46 | $27.33 | $23.85 | $25.05 | $25.40 | $26.73 | $22.88 | $20.70 | $20.90 | $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 | $6.21 | $8.86 | $7.56 | $7.64 |
| High Forecast | $27.08 | $27.54 | $28.46 | $24.83 | $26.08 | $26.45 | $27.83 | $23.82 | $21.55 | $24.50 | $23.21 | $18.67 | $24.65 | $23.17 | $18.30 | $16.80 | $19.09 | $14.22 | $20.23 | $17.13 | $16.73 | $11.86 | $16.00 | $10.84 | $8.60 | $2.43 | $6.41 | $9.15 | $7.81 | $7.88 |
| Low Forecast | $25.10 | $25.52 | $26.37 | $23.00 | $24.16 | $24.51 | $25.79 | $22.08 | $19.97 | $17.73 | $21.51 | $17.30 | $19.09 | $15.75 | $16.96 | $15.57 | $17.69 | $13.18 | $20.23 | $16.34 | $15.95 | $11.31 | $15.26 | $10.34 | $8.20 | $2.31 | $6.12 | $8.73 | $7.45 | $7.52 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | 2.86% | 2.48% | 2.68% | 0.66% | - | -0.22% | 3.94% | 1.32% | 3.68% | 4.01% | 7.13% | 13.22% | 10.59% | -11.35% | 4.80% | 1.83% |
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 |
|---|---|---|---|---|---|
| UFCS | United Fire Group | $20.87 | $31.00 | 48.54% | Hold |
| WRB | W. R. Berkley | $58.13 | $76.88 | 32.26% | Buy |
| RLI | RLI | $153.27 | $152.67 | -0.39% | Buy |
| MKL | Markel | $1.58K | $1.56K | -1.28% | Buy |
| SKWD | Skyward Specialty Insurance Group | $39.65 | $37.33 | -5.85% | Buy |
| ALL | Allstate | $190.26 | $170.14 | -10.58% | Buy |
| TRV | Travelers Companies | $241.54 | $214.06 | -11.38% | Hold |
| CB | Chubb | $290.78 | $253.80 | -12.72% | Buy |
| PGR | Progressive | $256.91 | $222.25 | -13.49% | Buy |
MKL Forecast FAQ
Is Markel a good buy?
Yes, according to 4 Wall Street analysts, Markel (MKL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of MKL's total ratings.
What is MKL's price target?
Markel (MKL) average price target is $1.56K with a range of $1.5K to $1.62K, implying a -1.28% from its last price of $1.58K. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Markel stock go up soon?
According to Wall Street analysts' prediction for MKL stock, the company can go down by -1.28% (from the last price of $1.58K to the average price target of $1.56K), up by 2.95% based on the highest stock price target, and down by -4.97% based on the lowest stock price target.
Can Markel stock reach $2K?
MKL's average twelve months analyst stock price target of $1.56K does not support the claim that Markel can reach $2K in the near future.
What are Markel's analysts' financial forecasts?
Markel's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.36B (high $16.88B, low $15.92B), average EBITDA is $43.19M (high $44.55M, low $42.02M), average net income is $1.31B (high $1.36B, low $1.26B), average SG&A $232.18M (high $239.53M, low $225.89M), and average EPS is $100.07 (high $104.18, low $96.54). MKL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.63B (high $9.94B, low $9.37B), average EBITDA is $25.43M (high $26.23M, low $24.74M), average net income is $1.36B (high $1.41B, low $1.31B), average SG&A $136.71M (high $141.03M, low $133M), and average EPS is $103.65 (high $107.91, low $99.99).
Did the MKL's actual financial results beat the analysts' financial forecasts?
Based on Markel's last annual report (Dec 2022), the company's revenue was $11.82B, which missed the average analysts forecast of $12.84B by -8.01%. Apple's EBITDA was $1.06B, beating the average prediction of $324M by 226.36%. The company's net income was $-101M, missing the average estimation of $627.59M by -116.13%. Apple's SG&A was $0, missing the average forecast of $182.24M by -100.00%. Lastly, the company's EPS was $-7.45, missing the average prediction of $68.83 by -110.82%. In terms of the last quarterly report (Sep 2023), Markel's revenue was $3.38B, missing the average analysts' forecast of $3.72B by -9.32%. The company's EBITDA was $72.81M, beating the average prediction of $9.82M by 641.18%. Markel's net income was $81.74M, missing the average estimation of $256.57M by -68.14%. The company's SG&A was $0, missing the average forecast of $52.81M by -100.00%. Lastly, the company's EPS was $6.14, missing the average prediction of $19.61 by -68.70%