Q3 EPS Estimates for W.R. Berkley Cut by Zacks Research

Key Points

• Zacks Research has lowered its Q3 2026 EPS estimate for W.R. Berkley to $0.98 per share, down from a previous estimate of $0.99.
• The consensus estimate for W.R. Berkley's full-year 2023 earnings is $4.33 per share, with FY2026 earnings estimated at $4.65 EPS.
• W.R. Berkley recently declared a quarterly dividend of $0.09 per share, representing an annualized yield of 0.5%.

W.R. Berkley Corporation (NYSE:WRB - Free Report) - Equities research analysts at Zacks Research decreased their Q3 2026 EPS estimates for shares of W.R. Berkley in a research note issued on Friday, September 12th. Zacks Research analyst Team now expects that the insurance provider will earn $0.98 per share for the quarter, down from their previous estimate of $0.99. The consensus estimate for W.R. Berkley's current full-year earnings is $4.33 per share. Zacks Research also issued estimates for W.R. Berkley's FY2026 earnings at $4.65 EPS.

A number of other equities research analysts have also commented on the company. Wells Fargo & Company decreased their price target on W.R. Berkley from $71.00 to $68.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 22nd. Wall Street Zen lowered W.R. Berkley from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st. Morgan Stanley upped their price target on shares of W.R. Berkley from $63.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Cantor Fitzgerald raised shares of W.R. Berkley to a "strong-buy" rating in a report on Wednesday, August 13th. Finally, UBS Group boosted their target price on shares of W.R. Berkley from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, W.R. Berkley currently has a consensus rating of "Hold" and an average target price of $72.54.

W.R. Berkley Stock Performance

NYSE:WRB opened at $73.88 on Monday. The stock has a market capitalization of $28.02 billion, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 2.55 and a beta of 0.41. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.31. W.R. Berkley has a 1 year low of $55.80 and a 1 year high of $76.38. The firm has a 50 day moving average of $70.49 and a 200-day moving average of $70.00.

W.R. Berkley (NYSE:WRB - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The insurance provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.02. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.10 billion. W.R. Berkley had a net margin of 12.32% and a return on equity of 18.83%. During the same period last year, the firm posted $1.04 EPS.

W.R. Berkley Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, September 22nd. W.R. Berkley's dividend payout ratio (DPR) is currently 8.20%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Federation des caisses Desjardins du Quebec raised its holdings in W.R. Berkley by 70.8% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 17,197 shares of the insurance provider's stock worth $1,224,000 after buying an additional 7,131 shares during the period. Brighton Jones LLC raised its holdings in shares of W.R. Berkley by 75.6% during the fourth quarter. Brighton Jones LLC now owns 50,503 shares of the insurance provider's stock worth $2,955,000 after acquiring an additional 21,737 shares during the period. Sciencast Management LP bought a new stake in W.R. Berkley in the 1st quarter valued at $3,493,000. Bayforest Capital Ltd boosted its stake in W.R. Berkley by 2,129.9% in the 1st quarter. Bayforest Capital Ltd now owns 18,196 shares of the insurance provider's stock worth $1,295,000 after purchasing an additional 17,380 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in W.R. Berkley by 3.2% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 247,919 shares of the insurance provider's stock worth $17,642,000 after purchasing an additional 7,702 shares in the last quarter. 68.82% of the stock is currently owned by institutional investors.

W.R. Berkley Company Profile

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines.

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