MKL trades 11.9% above Wall Street's consensus target of $1708.33.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MKL achieves its forward estimates and maintains a stable P/E multiple of 18.7x. This scenario reflects the blended consensus of 15 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Markel Corporation (MKL) has a Wall Street consensus price target of $1708.33, based on estimates from 15 covering analysts. With the stock currently trading at $1939.04, this represents a potential downside of -11.9%. The company has a market capitalization of $24.02B.
Analyst price targets range from a low of $1550.00 to a high of $1950.00, representing a 23% spread in expectations. The median target of $1625.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 0 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 3 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, MKL trades at a trailing P/E of 11.5x and forward P/E of 18.7x. The forward PEG ratio of 0.75 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -48.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1953.71, with bear and bull scenarios of $1230.84 and $2574.21 respectively. Model confidence stands at 47/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RLIRLI Corp. | $6.3B | $68.35 | $60.00 | -12.2% | Hold | 21.2x | 12 |
 ERIEErie Indemnity Company | $12.6B | $273.07 | — | — | — | 21.2x | — |
 HCIHCI Group, Inc. | $2.4B | $186.03 | $230.00 | +23.6% | Buy | 8.9x | 14 |
 KMPRKemper Corporation | $2.0B | $33.39 | $35.50 | +6.3% | Buy | 15.2x | 12 |
 WRBW. R. Berkley Corporation | $28.0B | $75.23 | $70.56 | -6.2% | Hold | 15.2x | 30 |
 RNRRenaissanceRe Holdings Ltd. | $14.4B | $347.35 | $338.13 | -2.7% | Hold | 7.0x | 28 |
 ACGLArch Capital Group Ltd. | $37.5B | $107.28 | $112.50 | +4.9% | Hold | 10.6x | 34 |
 AXSAXIS Capital Holdings Limited | $7.7B | $105.97 | $117.67 | +11.0% | Buy | 8.6x | 29 |
 HIGThe Hartford Insurance Group, Inc. | $36.7B | $133.99 | $145.40 | +8.5% | Buy | 10.3x | 42 |
 TRVThe Travelers Companies, Inc. | $82.4B | $395.20 | $356.18 | -9.9% | Hold | 10.8x | 44 |
Quick answers to the most common questions about buying MKL stock.
MKL's consensus price target is $1708.33, -11.9% below the current price of $1939.04. The 15 analysts tracking MKL see downside risk at present valuations.
MKL has a consensus rating of "Hold" based on 15 Wall Street analysts. The rating breakdown is leaning bearish, with 3 Sell/Strong Sell ratings. The consensus 12-month price target of $1708.33 implies -11.9% downside from current levels.
With a forward P/E of 18.6638x, MKL trades at a relatively low valuation. The consensus target of $1708.33 implies -11.9% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $1950 for MKL, while the most conservative target is $1550. The consensus of $1708.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $2574 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MKL is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 0 have Buy ratings, 12 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MKL stock forecast based on 15 Wall Street analysts shows a consensus price target of $1708.33, with estimates ranging from $1550 (bear case) to $1950 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $1954, with bear/bull scenarios of $1231/$2574.
Our quantitative valuation model calculates MKL's fair value at $1954 (base case), with a bear case of $1231 and bull case of $2574. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 47/100.
MKL trades at a forward P/E ratio of 18.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 11.5x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on MKL, with 3 Sell ratings and a price target of $1708.33 (-11.9% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MKL analyst price targets range from $1550 to $1950, a 23% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $1708.33 consensus represents the middle ground. Our model's $1231-$2574 range provides an independent fundamental perspective.
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