NYSE:WRB - W. R. Berkley Stock Price, News, & Analysis

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$58.48 +0.67 (+1.16 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$57.81
Today's Range$57.71 - $58.66
52-Week Range$45.91 - $58.78
Volume410,339 shs
Average Volume511,944 shs
Market Capitalization$10.70 billion
P/E Ratio21.90
Dividend Yield0.69%
Beta0.75
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. It also provides workers' compensation, property casualty, general liability, professional liability, and excess and umbrella coverage insurance products, as well as coverages for technology, ambulatory surgery centers, chiropractors, and concierge physicians; accident and health insurance and reinsurance products; insurance for commercial risks; pollution liability and coverages to contractors, consultants, and owners; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for life sciences and travel industries; coverage for excess liability, construction wrap-ups, and completed operations; cyber risk solutions; casualty, group life, and crime-related insurance products; personal lines insurance solutions, including home, condo/co-op, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is headquartered in Greenwich, Connecticut.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP08442310
Phone203-629-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.69 billion
Cash Flow$3.5314 per share
Book Value$29.91 per share

Profitability

Net Income$640.75 million

Miscellaneous

Employees7,448
Market Cap$10.70 billion
Next Earnings Date4/23/2019 (Confirmed)
OptionableOptionable

W. R. Berkley (NYSE:WRB) Frequently Asked Questions

What is W. R. Berkley's stock symbol?

W. R. Berkley trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRB."

How often does W. R. Berkley pay dividends? What is the dividend yield for W. R. Berkley?

W. R. Berkley announced a quarterly dividend on Friday, February 22nd. Stockholders of record on Thursday, March 14th will be paid a dividend of $0.10 per share on Tuesday, April 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Wednesday, March 13th. View W. R. Berkley's Dividend History.

When did W. R. Berkley's stock split? How did W. R. Berkley's stock split work?

Shares of W. R. Berkley split on the morning of Wednesday, April 3rd 2019. The 3-2 split was announced on Thursday, February 21st 2019. The newly issued shares were payable to shareholders after the market closes on Tuesday, April 2nd 2019. An investor that had 100 shares of W. R. Berkley stock prior to the split would have 150 shares after the split.

How will W. R. Berkley's stock buyback program work?

W. R. Berkley announced that its board has authorized a stock repurchase plan on Wednesday, August 9th 2017, which permits the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

How were W. R. Berkley's earnings last quarter?

W. R. Berkley Corp (NYSE:WRB) posted its quarterly earnings results on Tuesday, January, 29th. The insurance provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.10. The insurance provider had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.86 billion. W. R. Berkley had a return on equity of 9.39% and a net margin of 8.33%. View W. R. Berkley's Earnings History.

When is W. R. Berkley's next earnings date?

W. R. Berkley is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for W. R. Berkley.

What price target have analysts set for WRB?

5 equities research analysts have issued 12-month price targets for W. R. Berkley's shares. Their forecasts range from $48.6667 to $58.6667. On average, they anticipate W. R. Berkley's share price to reach $51.50 in the next year. This suggests that the stock has a possible downside of 11.9%. View Analyst Price Targets for W. R. Berkley.

What is the consensus analysts' recommendation for W. R. Berkley?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W. R. Berkley in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for W. R. Berkley.

Has W. R. Berkley been receiving favorable news coverage?

Media coverage about WRB stock has been trending positive this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. W. R. Berkley earned a news impact score of 2.7 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Who are some of W. R. Berkley's key competitors?

What other stocks do shareholders of W. R. Berkley own?

Based on aggregate information from My MarketBeat watchlists, some companies that other W. R. Berkley investors own include Cisco Systems (CSCO), Sherwin-Williams (SHW), Verizon Communications (VZ), Intel (INTC), Texas Instruments (TXN), Altria Group (MO), Procter & Gamble (PG), AT&T (T), Exxon Mobil (XOM) and Starbucks (SBUX).

Who are W. R. Berkley's key executives?

W. R. Berkley's management team includes the folowing people:
  • Mr. William Robert Berkley, Exec. Chairman (Age 74)
  • Mr. William Robert Berkley Jr., Pres, CEO & Director (Age 46)
  • Mr. Richard Mark Baio, Sr. VP, CFO & Treasurer (Age 50)
  • Mr. James Gerald Shiel, Exec. VP of Investments (Age 59)
  • Mr. Ira Seth Lederman, Exec. VP & Sec. (Age 65)

Who are W. R. Berkley's major shareholders?

W. R. Berkley's stock is owned by a number of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.25%), Scout Investments Inc. (0.25%), America First Investment Advisors LLC (0.10%), Retirement Systems of Alabama (0.07%), Smith Graham & Co. Investment Advisors LP (0.04%) and Nisa Investment Advisors LLC (0.03%). View Institutional Ownership Trends for W. R. Berkley.

Which major investors are selling W. R. Berkley stock?

WRB stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., BTIM Corp., DNB Asset Management AS, Nisa Investment Advisors LLC, Confluence Investment Management LLC, America First Investment Advisors LLC, Strs Ohio and 6 Meridian. View Insider Buying and Selling for W. R. Berkley.

Which major investors are buying W. R. Berkley stock?

WRB stock was bought by a variety of institutional investors in the last quarter, including Grace & White Inc. NY, Chesapeake Wealth Management, Sciencast Management LP, IFM Investors Pty Ltd, Butensky & Cohen Financial Security Inc., Smith Graham & Co. Investment Advisors LP, Truvestments Capital LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for W. R. Berkley.

How do I buy shares of W. R. Berkley?

Shares of WRB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is W. R. Berkley's stock price today?

One share of WRB stock can currently be purchased for approximately $58.48.

How big of a company is W. R. Berkley?

W. R. Berkley has a market capitalization of $10.70 billion and generates $7.69 billion in revenue each year. The insurance provider earns $640.75 million in net income (profit) each year or $2.67 on an earnings per share basis. W. R. Berkley employs 7,448 workers across the globe.

What is W. R. Berkley's official website?

The official website for W. R. Berkley is http://www.wrberkley.com.

How can I contact W. R. Berkley?

W. R. Berkley's mailing address is 475 STEAMBOAT ROAD, GREENWICH CT, 06830. The insurance provider can be reached via phone at 203-629-3000 or via email at [email protected]


MarketBeat Community Rating for W. R. Berkley (NYSE WRB)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  620
MarketBeat's community ratings are surveys of what our community members think about W. R. Berkley and other stocks. Vote "Outperform" if you believe WRB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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