|Bid||1,242.06 x 800|
|Ask||1,300.00 x 800|
|Day's Range||1,235.85 - 1,254.79|
|52 Week Range||1,064.09 - 1,519.25|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||6.28|
|Earnings Date||Apr 24, 2023 - Apr 28, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,541.67|
Silicon Valley Bank, a subsidiary of SVB Financial -- and the fallout that has rippled across the banking industry and beyond. One solid choice to buy and hold through a downturn is Markel (NYSE: MKL). Growth stocks got hit particularly hard in this bear market environment as a slowing economy, elevated inflation, and rising interest rates create adverse conditions for companies seeking rapid growth.
One stock that's made its way on my radar recently is Markel (NYSE: MKL). Last year, Warren Buffett and his team at Berkshire Hathaway bought a lot of stocks. One stock they purchased was specialty insurer Markel, spending about $600 million for more than 467,000 shares.
Markel (MKL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.