Markel Corporation (MKL)
NYSE: MKL · IEX Real-Time Price · USD
1,472.94
+1.53 (0.10%)
Apr 23, 2024, 1:56 PM EDT - Market open
Markel Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Markel stock have an average target of 1,413, with a low estimate of 1,275 and a high estimate of 1,500. The average target predicts a decrease of -4.10% from the current stock price of 1,472.94.
Analyst Consensus: Hold
* Price targets were last updated on Feb 5, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +1.84% | Feb 5, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $1,475 | Hold | Reiterates | $1,475 | +0.14% | Feb 2, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $1,475 | Buy → Hold | Downgrades | $1,475 | +0.14% | Jan 8, 2024 |
| Citigroup | Citigroup | Strong Sell Initiates $1,275 | Strong Sell | Initiates | $1,275 | -13.44% | Nov 22, 2023 |
Financial Forecast
Revenue This Year
15.39B
from 15.80B
Decreased by -2.60%
Revenue Next Year
16.27B
from 15.39B
Increased by 5.70%
EPS This Year
84.88
from 146.98
Decreased by -42.25%
EPS Next Year
100.20
from 84.88
Increased by 18.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.5B | 17.4B | 18.3B | 18.7B |
| Avg | 15.4B | 16.3B | 17.5B | 18.0B |
| Low | 14.6B | 15.4B | 16.8B | 17.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.5% | 13.3% | 12.6% | 7.1% |
| Avg | -2.6% | 5.7% | 7.4% | 3.0% |
| Low | -7.7% | 0.1% | 3.4% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 94.71 | 109.92 | 138.41 | 118.64 |
| Avg | 84.88 | 100.20 | 117.77 | 114.12 |
| Low | 66.00 | 86.78 | 103.63 | 110.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -35.6% | 29.5% | 38.1% | 0.7% |
| Avg | -42.2% | 18.0% | 17.5% | -3.1% |
| Low | -55.1% | 2.2% | 3.4% | -6.0% |
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.