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W. R. Berkley Corporation (WRB)
NYSE:WRB
W. R. Berkley Corporation (WRB) Stock Price & Analysis
251 Followers
WRB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.25 - $59.46
Previous Close$52.21
Volume4.00M
Average Volume (3M)1.70M
Market Cap
$19.87B
Enterprise Value$20.90B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.01B
Price to Earnings (P/E)13.7
Beta0.29
Next Earnings
Oct 22, 2024EPS Estimate
$0.94Last Dividend Ex-Date
Jun 24, 2024Dividend Yield0.58%
Share Statistics
EPS (TTM)3.81
Shares Outstanding255,662,277
10 Day Avg. Volume1,070,394
30 Day Avg. Volume1,701,083
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/Revenue1.76
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$59.22Price Target Upside13.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
W. R. Berkley Corporation News
Bulls Say, Bears Say
Bulls Say
EarningsBerkley’s 2Q24 EPS result exceeded our forecast and consensus both at $0.92.
Investment IncomeStronger net investment income and FX gains contributed significantly to the earnings beat.
Share BuybackThe company also spent $224mn in the quarter to buy back 1.1% of company shares outstanding.
Bears Say
Financial PerformanceWRB saw a 7.4% annualized loss in the quarter due to mark-to-market losses in financials and transportation.
InsuranceThe insurance underlying loss ratio was elevated due to higher loss picks and a shift in business mix.
TaxationA higher tax rate is expected this year given changes in revenue geographic mix.
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Ownership Overview
17.13% Insiders
16.57% Mutual Funds
17.70% Other Institutional Investors
48.60% 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 $40.25 and its highest was $59.46 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 Oct 22, 2024 which is in 90 days.
How were W. R. Berkley Corporation’s earnings last quarter?
W. R. Berkley Corporation released its earnings results on Jul 22, 2024. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.921 by $0.119.
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 $0.41 which represents an annual dividend yield of 0.58%. 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 $0.94.
How many shares outstanding does W. R. Berkley Corporation have?
W. R. Berkley Corporation has 383,493,400 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 $1.04 in its last earnings report, beating expectations of $0.921. Following the earnings report the stock price went up 0.753%.
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:
$59.22 (13.43% Upside)
$59.22 (13.43% Upside)
Blogger Sentiment
Bullish
WRB Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 448.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.68%
12-Months-Change
Fundamentals
Return on Equity
21.08%
Trailing 12-Months
Asset Growth
25.07%
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
Q2 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
$59.22
▲(13.43% Upside)
Technical Analysis
Best Analysts Covering WRB
1 Year
1 Year Success Rate
11/17 ratings generated profit
1 Year Average Return
+15.59%
assigned a buy rating 2 days ago
Copying Elyse Greenspan's trades and holding each position for 1 Year would result in 64.71% of your transactions generating a profit, with an average return of +15.59% per trade.
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