Q1 EPS Estimates for Markel Group Lowered by Zacks Research

Markel Group Inc. (NYSE:MKL - Free Report) - Equities researchers at Zacks Research cut their Q1 2025 earnings per share estimates for shares of Markel Group in a report issued on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the insurance provider will earn $23.13 per share for the quarter, down from their prior estimate of $23.18. The consensus estimate for Markel Group's current full-year earnings is $89.27 per share.

Several other analysts have also recently weighed in on the company. StockNews.com cut Markel Group from a "buy" rating to a "hold" rating in a report on Friday, November 15th. Jefferies Financial Group raised their price target on Markel Group from $1,590.00 to $1,600.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. Finally, Royal Bank of Canada lowered their price target on Markel Group from $1,700.00 to $1,675.00 and set a "sector perform" rating on the stock in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Markel Group has an average rating of "Hold" and a consensus target price of $1,651.83.

Markel Group Price Performance

Shares of NYSE:MKL traded up $31.55 on Friday, hitting $1,750.00. The company's stock had a trading volume of 36,176 shares, compared to its average volume of 43,184. The company has a 50-day simple moving average of $1,593.75 and a 200 day simple moving average of $1,585.49. Markel Group has a 1 year low of $1,342.66 and a 1 year 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 debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60.

Markel Group (NYSE:MKL - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) 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 analysts' expectations of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%.

Hedge Funds Weigh In On Markel Group

Institutional investors have recently modified their holdings of the company. State Street Corp grew its position in Markel Group by 4.2% during the 3rd quarter. State Street Corp now owns 329,209 shares of the insurance provider's stock worth $516,391,000 after acquiring an additional 13,372 shares during the last quarter. Davis Selected Advisers grew its position in shares of Markel Group by 0.3% in the 2nd quarter. Davis Selected Advisers now owns 287,061 shares of the insurance provider's stock worth $452,311,000 after buying an additional 970 shares during the last quarter. Boston Partners grew its position in shares of Markel Group by 36.7% in the 1st quarter. Boston Partners now owns 214,400 shares of the insurance provider's stock worth $326,124,000 after buying an additional 57,528 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Markel Group by 5.2% in the 3rd quarter. Geode Capital Management LLC now owns 209,054 shares of the insurance provider's stock worth $327,131,000 after buying an additional 10,254 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Markel Group by 4.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 113,556 shares of the insurance provider's stock worth $178,931,000 after buying an additional 5,310 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

About Markel Group

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.