Markel (MKL) Stock Forecast, Price Target & Predictions

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MKL Stock Forecast

Markel stock forecast is as follows: an average price target of $1.56K (represents a -6.71% downside from MKL’s last price of $1.67K) and a rating consensus of 'Buy', 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 -6.71% downside from MKL's last price of $1.67K.

MKL Analyst Ratings

Buy

According to 5 Wall Street analysts, Markel's rating consensus is 'Buy'. The analyst rating breakdown for MKL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 2 'Hold' (40.00%), 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%	-2.71%
Dec 22, 2022	-	Janney Montgomery	$1.55K	$1.28K	21.02%	-7.20%
Apr 28, 2022	-	Truist Financial	$1.50K	$1.38K	8.33%	-10.20%
Apr 28, 2022	-	RBC Capital	$1.65K	$1.38K	19.43%	-1.22%

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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 -2.71% decrease from MKL last price ($1.67K).

Markel Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$1.63K
Last Closing Price	$1.67K	$1.67K	$1.67K
Upside/Downside	-100.00%	-100.00%	-2.71%

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 $1.67K. 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
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

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Markel's last stock rating was published by Jefferies on Oct 09, 2024. The company gave MKL a "Hold" 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	Jun 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	$1.90B	$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	$3.18B	$3.57B	$4.15B	$3.80B	$3.00B	$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	$2.12B	$2.40B	$1.97B	$2.18B
High Forecast	$2.24B	$2.38B	$2.69B	$2.56B	$3.25B	$3.65B	$4.25B	$3.82B	$3.08B	$3.97B	$4.00B	$3.55B	$3.25B	$3.86B	$3.55B	$3.80B	$3.24B	$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
Low Forecast	$2.16B	$2.29B	$2.59B	$2.46B	$3.13B	$3.51B	$4.09B	$3.77B	$2.95B	$3.95B	$4.00B	$3.55B	$3.13B	$3.67B	$3.42B	$3.66B	$3.12B	$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
# Analysts	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	9	9	8	8
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%	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	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	9	9	8	8
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	$1.25B	$-1.69B	$719.24M	$346.77M
Avg Forecast	$417.42M	$443.56M	$500.97M	$476.32M	$605.97M	$680.20M	$791.28M	$725.01M	$573.06M	$755.80M	$763.23M	$27.75M	$613.26M	$710.13M	$662.18M	$25.23M	$1.19B	$8.77M	$8.52M	$19.94M	$7.41M	$7.00M	$6.86M	$765.72M	$5.79M	$6.47M	$5.60M	$-4.89B	$5.19M	$5.74M
High Forecast	$427.33M	$454.10M	$512.87M	$487.63M	$620.37M	$696.36M	$810.07M	$728.99M	$586.74M	$758.14M	$763.23M	$33.30M	$619.80M	$736.77M	$677.91M	$30.27M	$1.43B	$8.77M	$8.52M	$23.93M	$7.41M	$7.00M	$6.86M	$918.87M	$5.79M	$6.47M	$5.60M	$-3.91B	$5.19M	$5.74M
Low Forecast	$411.52M	$437.29M	$493.89M	$469.58M	$597.41M	$670.59M	$780.09M	$719.05M	$562.42M	$753.46M	$763.23M	$22.20M	$596.90M	$699.29M	$652.82M	$20.18M	$950.08M	$8.77M	$8.52M	$15.95M	$7.41M	$7.00M	$6.86M	$612.58M	$5.79M	$6.47M	$5.60M	$-5.86B	$5.19M	$5.74M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10%	-0.79%	29.88%	1.73%	19.85%	-124.45%	1.23%	165.48%	46.86%	159.80%	1.05%	189.25%	103.55%	223.14%	0.35%	138.50%	60.36%

4 analysts predict MKL's average Quarter EBITDA for Dec 23 to be $613.26M, with a high of $619.80M and a low of $596.90M. This is 742.27% upper 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	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	9	9	8	8
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	$921.77M	$-1.41B	$511.10M	$205.64M
Avg Forecast	$316.24M	$302.90M	$347.50M	$302.47M	$321.90M	$319.90M	$349.19M	$300.71M	$258.15M	$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	$81.26M	$-3.97B	$98.96M	$99.88M
High Forecast	$326.01M	$312.26M	$358.23M	$311.81M	$331.85M	$329.78M	$359.98M	$320.96M	$283.77M	$280.38M	$296.74M	$-47.95M	$320.86M	$301.54M	$235.84M	$-43.59M	$1.01B	$178.67M	$264.65M	$-34.46M	$211.95M	$150.32M	$202.77M	$655.65M	$109.01M	$30.74M	$81.26M	$-3.17B	$98.96M	$99.88M
Low Forecast	$310.43M	$297.34M	$341.12M	$296.91M	$315.99M	$314.03M	$342.77M	$282.11M	$213.91M	$277.50M	$283.76M	$-71.92M	$248.47M	$205.06M	$224.57M	$-65.38M	$675.16M	$178.67M	$264.65M	$-51.68M	$211.95M	$150.32M	$202.77M	$437.10M	$109.01M	$30.74M	$81.26M	$-4.76B	$98.96M	$99.88M
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%	11.34%	0.35%	5.16%	2.06%

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 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	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	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	9	9	8	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$217.56M	$176.92M	$153.36M
Avg Forecast	$109.64M	$116.51M	$131.59M	$125.11M	$159.17M	$178.66M	$207.84M	$190.43M	$150.52M	$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	$30.08M	$614.11M	$27.92M	$30.88M
High Forecast	$112.25M	$119.28M	$134.71M	$128.08M	$162.95M	$182.91M	$212.78M	$191.48M	$154.12M	$199.14M	$200.47M	$177.91M	$162.80M	$193.52M	$178.06M	$190.39M	$162.26M	$47.16M	$45.79M	$44.42M	$39.82M	$37.65M	$36.86M	$35.91M	$31.14M	$34.79M	$30.08M	$736.93M	$27.92M	$30.88M
Low Forecast	$108.09M	$114.86M	$129.73M	$123.34M	$156.92M	$176.14M	$204.90M	$188.87M	$147.73M	$197.91M	$200.47M	$177.91M	$156.78M	$183.68M	$171.47M	$183.35M	$156.25M	$47.16M	$45.79M	$44.42M	$39.82M	$37.65M	$36.86M	$35.91M	$31.14M	$34.79M	$30.08M	$491.29M	$27.92M	$30.88M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.35%	6.34%	4.97%

Markel's average Quarter SG&A projection for Jun 20 is $30.08M, based on 9 Wall Street analysts, with a range of $30.08M to $30.08M. 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	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	9	9	8	8
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	$65.81	$-100.60	$36.34	$13.97
Avg Forecast	$24.29	$23.27	$26.70	$23.24	$24.73	$24.58	$26.83	$23.10	$19.83	$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	$6.21	$8.86	$7.56	$7.64
High Forecast	$25.04	$23.99	$27.52	$23.95	$25.49	$25.33	$27.65	$24.66	$21.80	$21.54	$22.80	$17.93	$24.65	$23.17	$18.12	$16.64	$18.90	$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
Low Forecast	$23.85	$22.84	$26.21	$22.81	$24.28	$24.12	$26.33	$21.67	$16.43	$21.32	$21.80	$17.93	$19.09	$15.75	$17.25	$15.84	$18.00	$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
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%	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
WRB	W. R. Berkley	$60.19	$67.15	11.56%	Buy
RLI	RLI	$174.74	$170.50	-2.43%	Buy
UFCS	United Fire Group	$27.47	$26.00	-5.35%	Hold
PGR	Progressive	$254.51	$239.50	-5.90%	Buy
MKL	Markel	$1.67K	$1.56K	-6.71%	Buy
CB	Chubb	$283.87	$260.00	-8.41%	Buy
ALL	Allstate	$196.60	$178.60	-9.16%	Buy
TRV	Travelers Companies	$259.27	$230.45	-11.12%	Hold
SKWD	Skyward Specialty Insurance Group	$51.32	$37.33	-27.26%	Buy

MKL Forecast FAQ

Is Markel a good buy?

Yes, according to 5 Wall Street analysts, Markel (MKL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% 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 -6.71% from its last price of $1.67K. The data is based on 5 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 -6.71% (from the last price of $1.67K to the average price target of $1.56K), down by -2.71% based on the highest stock price target, and down by -10.20% based on the lowest stock price target.

Can Markel stock reach $3K?

MKL's average twelve months analyst stock price target of $1.56K does not support the claim that Markel can reach $3K 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 $14.69B (high $14.97B, low $14.5B), average EBITDA is $2.8B (high $2.86B, low $2.77B), average net income is $1.29B (high $1.34B, low $1.25B), average SG&A $736.1M (high $750.11M, low $726.83M), and average EPS is $99.23 (high $103.14, low $96.4). MKL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.63B (high $9.86B, low $9.5B), average EBITDA is $1.84B (high $1.88B, low $1.81B), average net income is $1.27B (high $1.31B, low $1.25B), average SG&A $482.84M (high $494.32M, low $476.02M), and average EPS is $97.5 (high $100.51, low $95.7).

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, missing the average prediction of $1.22B by -13.67%. The company's net income was $-101M, missing the average estimation of $1.24B by -108.13%. Apple's SG&A was $0, missing the average forecast of $295.86M 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, missing the average prediction of $710.13M by -89.75%. Markel's net income was $81.74M, missing the average estimation of $255.32M by -67.99%. The company's SG&A was $0, missing the average forecast of $186.52M by -100.00%. Lastly, the company's EPS was $6.14, missing the average prediction of $19.61 by -68.70%