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W. R. Berkley Corporation (WRB)
NYSE:WRB
W. R. Berkley Corporation (WRB) Stock Price & Analysis
224 Followers
WRB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$56.25 - $88.50
Previous Close$78.64
Volume1.33M
Average Volume (3M)1.19M
Market Cap
$20.11B
Enterprise Value$21.13B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.01B
Price to Earnings (P/E)14.0
Beta0.28
Next Earnings
Jul 22, 2024EPS Estimate
$1.42Last Dividend Ex-Date
Jun 24, 2024Dividend Yield0.57%
Share Statistics
EPS (TTM)5.63
Shares Outstanding255,662,277
10 Day Avg. Volume1,070,394
30 Day Avg. Volume1,188,482
Standard Deviation0.07
R-Squared0.24
Alpha0.00746
Financial Highlights & Ratios
Price to Book (P/B)3.05
Price to Sales (P/S)1.70
Price to Cash Flow (P/CF)4.80
P/FCF Ratio4.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.78
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$90.78Price Target Upside15.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
W. R. Berkley Corporation News
Bulls Say, Bears Say
Bulls Say
Investment IncomeNet investment income was $319.8m from the core portfolio, ahead of our $292.8m.
Liability InsuranceWRB was bullish on liability insurance where they don't see momentum subsiding given social inflation.
Premium GrowthWRB reiterated they can grow premiums by 10-15% this year.
Bears Say
Financial PerformanceWRB saw a 7.4% annualized loss in the quarter due to mark-to-market losses in financials and transportation.
Loss RatioThe insurance underlying loss ratio was elevated due to higher loss picks and a shift in business mix.
Reinsurance GrowthReinsurance growth was only 4.2% as growth in monoline excess and property, offset a casualty decline (-10.1%).
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Ownership Overview
25.70% Insiders
24.85% Mutual Funds
19.94% Other Institutional Investors
29.50% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WRB FAQ
What was W. R. Berkley Corporation’s price range in the past 12 months?
W. R. Berkley Corporation lowest stock price was $56.25 and its highest was $88.50 in the past 12 months.
What is W. R. Berkley Corporation’s market cap?
Currently, no data Available
When is W. R. Berkley Corporation’s upcoming earnings report date?
W. R. Berkley Corporation’s upcoming earnings report date is Jul 22, 2024 which is in 15 days.
How were W. R. Berkley Corporation’s earnings last quarter?
W. R. Berkley Corporation released its earnings results on Apr 23, 2024. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.13.
Is W. R. Berkley Corporation overvalued?
According to Wall Street analysts W. R. Berkley Corporation’s price is currently Undervalued.
Does W. R. Berkley Corporation pay dividends?
W. R. Berkley Corporation pays a Notavailable dividend of $0.62 which represents an annual dividend yield of 0.57%. See more information on W. R. Berkley Corporation dividends here
What is W. R. Berkley Corporation’s EPS estimate?
W. R. Berkley Corporation’s EPS estimate is $1.42.
How many shares outstanding does W. R. Berkley Corporation have?
W. R. Berkley Corporation has 255,662,280 shares outstanding.
What happened to W. R. Berkley Corporation’s price movement after its last earnings report?
W. R. Berkley Corporation reported an EPS of $1.56 in its last earnings report, beating expectations of $1.43. Following the earnings report the stock price went down -5.218%.
Which hedge fund is a major shareholder of W. R. Berkley Corporation?
Among the largest hedge funds holding W. R. Berkley Corporation’s share is Chilton Investment Co LLC. It holds W. R. Berkley Corporation’s shares valued at 69M.
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W. R. Berkley Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$90.78 (15.44% Upside)
$90.78 (15.44% Upside)
Blogger Sentiment
Bullish
WRB Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 298.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 13.7%
Last 30 Days ▼ 13.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.38%
12-Months-Change
Fundamentals
Return on Equity
20.77%
Trailing 12-Months
Asset Growth
10.79%
Trailing 12-Months
Company Description
W. R. Berkley Corporation
W.R. Berkley Corp. is an insurance holding company, which engages in the property casualty insurance business. It operates through the Insurance and Reinsurance & Monoline Excess segments. The Insurance segment includes excess and surplus lines, admitted lines, and specialty personal lines throughout the United States, as well as insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia. The Reinsurance & Monoline Excess segment is involved in the reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific region, and South Africa. The company was founded by William R. Berkley in 1967 and is headquartered in Greenwich, CT.
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WRB Earnings Call
Q1 2024
0:00 / 0:00
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WRB Revenue Breakdown
82.03% Insurance
12.20% Reinsurance & Monoline Excess
5.76% Other
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WRB Stock 12 Month Forecast
Average Price Target
$90.78
▲(15.44% Upside)
Technical Analysis
Best Analysts Covering WRB
1 Year
1 Year Success Rate
11/16 ratings generated profit
1 Year Average Return
+17.65%
assigned a buy rating 2 months ago
Copying Elyse Greenspan's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +17.65% per trade.
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