DOWLING & PARTN Estimates Markel Group FY2028 Earnings

Markel Group Inc. (NYSE:MKL) – Analysts at DOWLING & PARTN issued their FY2028 earnings per share estimates for shares of Markel Group in a research note issued on Wednesday, November 4th. DOWLING & PARTN analyst P. Christensen anticipates that the insurance provider will earn $130.00 per share for the year. DOWLING & PARTN currently has a “Hold” rating on the stock. The consensus estimate for Markel Group’s current full-year earnings is $109.47 per share.

A number of other research analysts have also recently issued reports on MKL. Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 28th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Markel Group currently has an average rating of “Reduce” and a consensus price target of $2,025.00.

Markel Group Price Performance

Shares of MKL stock opened at $1,976.78 on Monday. The stock has a market cap of $24.18 billion, a price-to-earnings ratio of 17.64 and a beta of 0.60. The business’s fifty day moving average is $1,816.45 and its 200 day moving average is $1,894.91. Markel Group has a twelve month low of $1,704.17 and a twelve month high of $2,207.59. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Markel Group

A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Markel Group during the 2nd quarter valued at approximately $1,362,880,000. Bank of America Corp DE bought a new stake in Markel Group in the 2nd quarter worth approximately $231,608,000. Aberdeen Group plc raised its holdings 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 worth $206,152,000 after acquiring 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 worth approximately $179,882,000. Finally, Legal & General Group Plc purchased a new stake in shares of Markel Group during the 2nd quarter worth approximately $122,219,000. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Markel Group Company Profile

Markel Group Inc. is a diversified financial holding company best known for its specialty insurance and reinsurance operations. Through its insurance businesses, the company provides coverage for commercial and individual risks that may require specialized underwriting, serving customers in the United States and international markets. Founded in 1930 by Sam Markel, the company has expanded beyond insurance. Its Markel Ventures division owns and operates businesses across a range of industries, while its investment activities support the group’s broader operations.