Markel Corporation (MKL)
NYSE: MKL · IEX Real-Time Price · USD
1,578.79
+3.45 (0.22%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Markel Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Markel stock have an average target of 1,467, with a low estimate of 1,275 and a high estimate of 1,625. The average target predicts a decrease of -7.10% from the current stock price of 1,578.79.
Analyst Consensus: Hold
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for Markel stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $1,475 → $1,625 | Hold | Maintains | $1,475 → $1,625 | +2.93% | May 3, 2024 |
| Truist Securities | Truist Securities | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 3, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 15, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $1,680 → $1,500 | Strong Buy → Hold | Downgrades | $1,680 → $1,500 | -4.99% | Feb 5, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $1,475 | Hold | Reiterates | $1,475 | -6.57% | Feb 2, 2024 |
Financial Forecast
Revenue This Year
15.95B
from 15.80B
Increased by 0.92%
Revenue Next Year
16.26B
from 15.95B
Increased by 1.95%
EPS This Year
87.65
from 146.98
Decreased by -40.36%
EPS Next Year
101.40
from 87.65
Increased by 15.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7B | 17.5B | 18.3B | 18.7B | 19.5B |
| Avg | 15.9B | 16.3B | 17.5B | 18.0B | 18.7B |
| Low | 15.2B | 15.4B | 16.8B | 17.4B | 18.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8% | 9.7% | 12.4% | 7.0% | 8.3% |
| Avg | 0.9% | 1.9% | 7.4% | 2.9% | 4.2% |
| Low | -3.6% | -3.2% | 3.5% | -0.1% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.29 | 113.40 | 138.41 | 133.75 | 137.17 |
| Avg | 87.65 | 101.40 | 116.89 | 128.65 | 131.95 |
| Low | 78.40 | 88.20 | 104.86 | 124.83 | 128.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -35.2% | 29.4% | 36.5% | 14.4% | 6.6% |
| Avg | -40.4% | 15.7% | 15.3% | 10.1% | 2.6% |
| Low | -46.7% | 0.6% | 3.4% | 6.8% | -0.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.