Q1 EPS Estimates for Markel Group Lowered by Zacks Research

Markel Group Inc. (NYSE:MKLFree Report) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Markel Group in a report issued on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the insurance provider will post earnings per share of $23.13 for the quarter, down from their previous estimate of $23.18. The consensus estimate for Markel Group’s current full-year earnings is $89.27 per share.

Markel Group (NYSE:MKLGet Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing analysts’ consensus estimates of $21.97 by ($4.63). The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%.

MKL has been the subject of a number of other reports. Royal Bank of Canada decreased their target price on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating for the company in a research report on Friday, November 1st. Jefferies Financial Group upped their price objective on shares of Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Finally, StockNews.com downgraded shares of Markel Group from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Markel Group presently has an average rating of “Hold” and an average price target of $1,651.83.

Read Our Latest Stock Analysis on MKL

Markel Group Stock Performance

Markel Group stock opened at $1,750.00 on Friday. Markel Group has a fifty-two week low of $1,342.66 and a fifty-two week high of $1,751.35. The company has a market capitalization of $22.51 billion, a PE ratio of 7.93 and a beta of 0.73. The company has a 50 day moving average price of $1,593.75 and a 200-day moving average price of $1,585.49. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60.

Institutional Trading of Markel Group

A number of institutional investors have recently modified their holdings of the company. Boston Partners lifted its position in Markel Group by 36.7% during the first quarter. Boston Partners now owns 214,400 shares of the insurance provider’s stock valued at $326,124,000 after acquiring an additional 57,528 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Markel Group by 3,729.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 14,896 shares of the insurance provider’s stock valued at $23,366,000 after purchasing an additional 14,507 shares during the last quarter. State Street Corp lifted its holdings in shares of Markel Group by 4.2% during the 3rd quarter. State Street Corp now owns 329,209 shares of the insurance provider’s stock valued at $516,391,000 after purchasing an additional 13,372 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. boosted its position in shares of Markel Group by 15.4% in the 2nd quarter. Van Lanschot Kempen Investment Management N.V. now owns 85,247 shares of the insurance provider’s stock worth $134,320,000 after purchasing an additional 11,357 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Markel Group by 156,757.1% during the 3rd quarter. International Assets Investment Management LLC now owns 10,980 shares of the insurance provider’s stock worth $17,223,000 after buying an additional 10,973 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

About Markel Group

(Get Free Report)

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.

Featured Articles

Earnings History and Estimates for Markel Group (NYSE:MKL)

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.