Markel Group Inc. (NYSE:MKL) Given Average Rating of “Hold” by Analysts

Shares of Markel Group Inc. (NYSE:MKL) have been given an average rating of “Hold” by the five analysts that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $2,025.00.

MKL has been the subject of several research analyst reports. Brean Capital initiated coverage on shares of Markel Group in a research report on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price objective for the company. Wall Street Zen cut shares of Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Truist Financial dropped their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th.

Markel Group Stock Performance

MKL stock opened at $1,780.50 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. The company has a 50 day moving average price of $1,877.02 and a 200 day moving average price of $2,000.99. Markel Group has a fifty-two week low of $1,719.41 and a fifty-two week high of $2,207.59. The stock has a market capitalization of $22.27 billion, a PE ratio of 12.83 and a beta of 0.67.

Markel Group (NYSE:MKL) last posted its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing the consensus estimate of $26.38 by ($45.28). Markel Group had a return on equity of 7.90% and a net margin of 10.85%.The company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.66 billion. Analysts forecast that Markel Group will post 113.55 EPS for the current year.

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Diane Leopold bought 50 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $1,789.19 per share, for a total transaction of $89,459.50. Following the transaction, the director owned 550 shares of the company’s stock, valued at approximately $984,054.50. The trade was a 10.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the sale, the director owned 645 shares of the company’s stock, valued at $1,191,514.95. The trade was a 10.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.08% of the company’s stock.

Institutional Trading of Markel Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC raised its position in shares of Markel Group by 1.1% during the 1st quarter. Parallel Advisors LLC now owns 2,965 shares of the insurance provider’s stock valued at $5,677,000 after acquiring an additional 31 shares during the last quarter. Blue Edge Capital LLC raised its position in shares of Markel Group by 233.5% during the 1st quarter. Blue Edge Capital LLC now owns 1,114 shares of the insurance provider’s stock valued at $2,132,000 after acquiring an additional 780 shares during the last quarter. Dala Group LLC bought a new stake in shares of Markel Group during the 1st quarter valued at $825,000. Front Street Capital Management Inc. raised its position in shares of Markel Group by 4.6% during the 1st quarter. Front Street Capital Management Inc. now owns 1,582 shares of the insurance provider’s stock valued at $3,028,000 after acquiring an additional 69 shares during the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of Markel Group during the 1st quarter valued at $381,000. Institutional investors own 77.12% of the company’s stock.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.