Markel Group Inc. (MKL) Stock Price & Analysis
Markel Group Inc. (MKL) closed at USD 1,905.39 on Thursday, October 22, 2026, up 1.79% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 1,871.94; the Oct 22, 2026 session ranged USD 1,872.75–1,909.28 on volume of 51,749 shares. Market capitalization is $23.61B, with a 52-week range of USD 1,704.17–2,207.59 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:49 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MKL.md
Key facts (MKL)
- Last four reported quarters (through Jun 30, 2026): revenue $15.5B, net income $2.28B (14.7% margin), free cash flow $2.12B (SEC filings).
- Valuation: P/E 10.3x (avg 10.2x at the last 3 fiscal year-ends), net debt $945M.
- 4 of 80 tracked superinvestors hold MKL (13F, Q2 2026): 0 new, 1 added, 3 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $140K; 1 not under a Rule 10b5-1 plan ($140K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $371K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.86 on a 1–5 scale) (7 analysts), mean target USD 1,951.5 (range 1,532–2,107).
- Total return with dividends: 1Y +0.5% vs S&P 500 +14.9%; 5Y +44.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 27.76, revenue estimate $3.78B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MKL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.8B | $11.7B | $14.3B | $14.8B | $15.5B | $15.5B |
| Operating income | $3.24B | -$93.3M | $2.93B | $3.71B | $3.19B | $3.09B |
| Net income | $2.42B | -$216M | $2.00B | $2.75B | $2.11B | $2.28B |
| EPS (diluted) | $176.38 | -$23.72 | $146.98 | $199.32 | $169.22 | — |
| Free cash flow | $2.13B | $2.45B | $2.53B | $2.34B | $2.55B | $2.12B |
| Operating margin | 25.2% | -0.8% | 20.5% | 25.1% | 20.6% | 19.9% |
| Net margin | 18.9% | -1.9% | 14.0% | 18.5% | 13.6% | 14.7% |
| Revenue growth | +32.0% | -9.1% | +22.3% | +3.7% | +4.7% | — |
| Cash + short-term investments | $3.98B | $4.14B | $3.75B | $3.69B | $3.96B | — |
| Total debt | $4.36B | $4.10B | $3.78B | $4.33B | $4.30B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MKL)
P/E 10.3x · P/S 1.5x · EV/Sales 1.6x · P/FCF 11.1x · P/B 1.2x · FCF yield 8.97% · Earnings yield 9.68% · Buyback yield (TTM) 2.25% · Net debt $945M · EV $24.6B
P/E at fiscal year-ends: Dec 2025 12.9x, Dec 2024 8.2x, Dec 2023 9.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (MKL)
4 of 80 tracked investors hold MKL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Josh Tarasoff | Greenlea Lane Capital | 10.89% | $39.7M | Reduced -10.0% |
| Christopher Davis | Davis Advisors | 3.41% | $794M | Added +6.1% |
| Francois Rochon | Giverny Capital | 2.03% | $60.3M | Reduced -28.1% |
| Thomas Russo | Gardner Russo & Quinn | 0.09% | $8.3M | Reduced -13.9% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MKL)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-22 | Harris Greta J | Director | 76 | $140K | 10.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (MKL)
2 purchases, $371K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-06…2026-05-07 | Leopold Diane | Director | 150 | $269K | 1,791.47 | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-01 | Puckett A. Lynne | Director | 57 | $102K | 1,795.53 | Too little history (no open-market trades in 2025) |
Analysts (MKL)
Consensus Hold (mean 2.86 on a 1–5 scale), 7 analysts; mean target USD 1,951.5 (low 1,532, high 2,107).
Total return (dividends reinvested) (MKL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +0.5% | +44.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +0.5% | +7.6% |
| Volatility (annualized) | 19.7% | 21.8% |
| Max drawdown | -21.9% (Dec 2025→Sep 2026) | -27.8% (Mar 2022→Sep 2022) |
MKL suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Markel International Insurance Company | “We utilize Syndicate 3000, MIICL, and Markel Insurance SE (MISE), a regulated insurance carrier located in Munich, Germany, to enable these writings.” |
| Related party | Hagerty, Inc. (HGTY) | “See note 18 for further details regarding related party transactions with Hagerty.” |
Quoted from the company's 10-K filed Feb 26, 2026.
Companies that name MKL in their SEC reports
| Relationship to MKL | Company | Filing | Sentence |
|---|---|---|---|
| partner | Hagerty, Inc. (HGTY) | 10-K Feb 26, 2026 | “Beginning with this Annual Report, we present our Consolidated Financial Statements in accordance with Article 7 of Regulation S-X, reflecting the continued expansion of our insurance operations, including expanded risk assumption under the Markel Fronting Arrangement and the introduction of Enthusiast+, as discussed under "Markel Alliance" and "Drivers Edge Insurance Company" below.” |
| partner | HIGHWOODS PROPERTIES, INC. (HIW) | 10-K Feb 10, 2026 | “In 2025, we sold our 50.0% interest in the Highwoods-Markel Associates, LLC joint venture (the "Markel joint venture") to Markel Corporation ("Markel").” |
MKL company outlook (results filed Feb 4, 2026)
- “More information on the 2026 Reunion, including a sign-up form to receive event updates, is available at mklreunion.com. 7 Safe Harbor and Cautionary Statement This release, and any related oral statements, contain statements concerning or incorporating our expectations, assumptions, plans, objectives, future financial or operating performance and other statements that are not historical facts.”
Quoted word-for-word from the SEC 8-K results press release.
MKL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $27.76 | $27.41 | +1.3% | $3.78B | 5 |
| Next quarter (ends Dec 2026) | $28.11 | $27.91 | +0.7% | $3.80B | 4 |
| Current fiscal year (ends Dec 2026) | $97.11 | $107.67 | -9.8% | $15.85B | 6 |
| Next fiscal year (ends Dec 2027) | $114.29 | $116.96 | -2.3% | $15.91B | 6 |
MKL options: expected move
Options price a move of about ±4.7% (±$89.30) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 6 reports the stock moved ±5.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 20.7% | ±4.7% |
| Dec 18, 2026 | 56 | 18.8% | ±6.0% |
| Jan 15, 2027 | 84 | 18.1% | ±7.1% |
| Apr 16, 2027 | 175 | 18.2% | ±10.4% |
| May 21, 2027 | 210 | 19.1% | ±11.9% |
30-day implied volatility 19.7% vs 14.9% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:49 UTC)
| Price | USD 1,905.39 |
|---|---|
| Change | ▲ 1.79% (up) |
| Previous Close | USD 1,871.94 |
| Open | USD 1,878.41 |
| Day Range | USD 1,872.75 – 1,909.28 |
| 52-Week Range | USD 1,704.17 – 2,207.59 |
| Volume | 51,749 shares |
| Market Cap | $23.61B |
| Exchange | NYQ |
Technical Analysis (MKL)
Nexqual's technical model rates MKL "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:49 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 72.58 (overbought) |
| vs SMA50 | Above (USD 1,791.92) |
| MACD | 26.53 (positive) |
Analyst Ratings (MKL)
Wall Street analysts rate MKL "Hold" based on 7 analysts, with a mean price target of USD 1,951.5 (range USD 1,532–2,107), per Nexqual as of October 23, 2026 at 09:49 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 1,951.5 |
| High Target | USD 2,107 |
| Low Target | USD 1,532 |
| Buy / Hold / Sell | 1 / 5 / 1 |
Earnings (MKL)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 27.76 |
| Revenue Estimate | $3.78B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 19.79 vs est 30.57 ▼ miss |
| 2026-03-31 | USD 23.55 vs est 26.34 ▼ miss |
| 2025-12-31 | USD 37.41 vs est 25.73 ▲ beat |
| 2025-09-30 | USD 31.61 vs est 23.77 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financials & Fundamentals (MKL)
| Total Revenue | $16.60B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +12.70% |
| Gross Margin | +51.93% |
| Operating Margin | +30.09% |
| Profit Margin | +13.77% |
| ROE | +12.46% |
| Debt / Equity | 0.22 |
| Current Ratio | 3.15 |
| Total Cash | $5.76B |
| Total Debt | $4.37B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.12B (13.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financial Health Score (MKL)
Nexqual rates Markel Group Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:49 UTC.
| Growth | Weak — Revenue -7% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 52%, operating 30% (last 12 months) |
| Balance Sheet | Strong — $3.42B cash and investments vs $4.37B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $2.12B (last 4 quarters to Jun 2026, SEC), 14% margin |
| Efficiency | Mixed — ROE 12%, ROA 2.8% |
Ownership (MKL)
| Insider Ownership | +1.45% |
|---|---|
| Institutional Ownership | +80.29% |
| Shares Outstanding | 12.39M |
| Float | 12.06M |
| Short % of Float | +2.26% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Leadership (MKL)
Markel Group Inc. is led by Thomas Sinnickson Gayner, CEO & Chairman, per Nexqual as of October 23, 2026 at 09:49 UTC.
| CEO & Chairman | Thomas Sinnickson Gayner |
|---|---|
| CFO & Chief Financial Officer of Markel Insurance Operations | Brian Jeffrey Costanzo |
| Executive VP and CEO & Co-President of Markel Insurance | Simon Wilson |
| Vice President of Sales & Business Development | Frederick W. May |
| Executive Director of Programs and Alliances - Markel Specialty | Jeff Lamb |
Major Backers & Investors (MKL)
Notable institutional backers of Markel Group Inc. include Davis Selected Advisers, Morgan Stanley, Select Equity Group LP, according to Nexqual as of October 23, 2026 at 09:49 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Davis Selected Advisers | 3.28% |
| Morgan Stanley | 2.83% |
| Select Equity Group LP | 2.68% |
| Principal Financial Group, Inc. | 2.48% |
| Boston Partners | 2.48% |
| Van Lanschot Kempen Investment Management N.V. | 1.86% |
| Eaton Vance Growth Trust-Eaton Vance Atlanta Capital SMID-Cap Fund | 1.04% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.61% |
| BlackRock | 5.63% |
| State Street | 2.52% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
From Markel Group Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe our system is uniquely equipped to relentlessly compound shareholder capital at attractive rates across decades.
- E&S eligibility allows us to underwrite unique loss exposures with more flexible policy forms and premium rates.
- Markel Capital is the corporate capital provider for Markel Syndicate 3000 (Syndicate 3000), which is our platform to write business globally through Lloyds of London.
Partnerships
- Certain of our Nephila subsidiaries are organized and regulated as follows: •registered with the SEC as an investment adviser under the Investment Advisers Act of 1940; •registered with the U.S.
- Certain Nephila subsidiaries serve as the investment manager to one or more private funds that are registered with the BMA under the Investment Funds Act 2006, or the Segregated Accounts Companies Act 2000.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in tax laws, rates, or regulations could have a material adverse effect on us.
- Our businesses, results of operations, and financial condition could be adversely affected by ongoing regional or military conflicts and related disruptions in the global economy.
- We are unable to predict the impact an ongoing conflict may have on our businesses or the global economy.
- Information Technology Systems and Third-Party Systems and Service Providers
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| L | Loews Corporation | USD 113.68 | ▲ 1.75% |
| CINF | Cincinnati Financial Corporatio | USD 178.28 | ▲ 2.68% |
| WRB | W.R. Berkley Corporation | USD 75.55 | ▲ 1.63% |
| AIZ | Assurant, Inc. | USD 288.85 | ▲ 1.6% |
| CNA | CNA Financial Corporation | USD 49.39 | ▲ 2.21% |
| AFG | American Financial Group, Inc. | USD 153.46 | ▲ 2.53% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:49 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt