Markel Group Inc. (NYSE:MKL – Free Report) – Research analysts at DOWLING & PARTN issued their FY2028 earnings estimates for shares of Markel Group in a note issued to investors on Wednesday, November 4th. DOWLING & PARTN analyst P. Christensen expects that the insurance provider will earn $130.00 per share for the year. DOWLING & PARTN has a “Hold” rating on the stock. The consensus estimate for Markel Group’s current full-year earnings is $109.47 per share.
Several other research firms have also issued reports on MKL. Weiss Ratings lowered Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 28th. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $2,025.00.
View Our Latest Analysis on Markel Group
Markel Group Price Performance
Markel Group stock opened at $1,950.89 on Monday. Markel Group has a 52 week low of $1,704.17 and a 52 week high of $2,207.59. The company’s 50 day moving average price is $1,813.02 and its two-hundred day moving average price is $1,895.25. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24. The stock has a market cap of $23.86 billion, a P/E ratio of 17.67 and a beta of 0.60.
Institutional Investors Weigh In On Markel Group
Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Markel Group in the second quarter worth about $1,362,880,000. Bank of America Corp DE bought a new stake in shares of Markel Group in the second quarter valued at approximately $231,608,000. Aberdeen Group plc lifted its stake in shares of Markel Group by 1,592.9% during the 3rd quarter. Aberdeen Group plc now owns 120,384 shares of the insurance provider’s stock valued at $206,152,000 after buying an additional 113,273 shares in the last quarter. Davis Asset Management L.P. purchased a new stake in shares of Markel Group during the 2nd quarter valued at approximately $179,882,000. Finally, Legal & General Group Plc purchased a new stake in shares of Markel Group during the 2nd quarter valued at approximately $122,219,000. 77.12% of the stock is owned by hedge funds and other institutional investors.
About Markel Group
Featured Articles
- Five stocks we like better than Markel Group
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Markel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Markel Group and related companies with MarketBeat.com's FREE daily email newsletter.
