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

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$81.40 +0.56 (+0.69 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$80.84
Today's Range$81.24 - $81.96
52-Week Range$67.39 - $81.96
Volume476,000 shs
Average Volume359,725 shs
Market Capitalization$9.94 billion
P/E Ratio20.29
Dividend Yield0.74%
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, 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 protective coverages to contractors and owners; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers aviation insurance products; 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 based 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$3.5192 per share
Book Value$44.76 per share

Profitability

Net Income$640.74 million

Miscellaneous

Employees7,222
Market Cap$9.94 billion
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 Monday, November 12th. Shareholders of record on Wednesday, November 28th will be given a dividend of $0.15 per share on Wednesday, December 12th. This represents a $0.60 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Tuesday, November 27th. View W. R. Berkley's Dividend History.

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

W. R. Berkley declared that its board has approved a stock buyback plan on Wednesday, August 9th 2017, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

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

W. R. Berkley Corp (NYSE:WRB) announced its quarterly earnings data on Tuesday, October, 23rd. The insurance provider reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.28. The insurance provider had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.60 billion. W. R. Berkley had a return on equity of 9.39% and a net margin of 8.33%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 earnings per share. 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 analysts have issued 1 year target prices for W. R. Berkley's shares. Their forecasts range from $73.00 to $78.00. On average, they expect W. R. Berkley's stock price to reach $74.75 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. 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 and 3 hold ratings 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 headlines about WRB stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. W. R. Berkley earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 1.0 out of 10, meaning that recent media 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?

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.61%), Atlanta Capital Management Co. L L C (6.76%), Victory Capital Management Inc. (2.82%), Oregon Public Employees Retirement Fund (2.30%), Boston Partners (2.24%) and Citigroup Inc. (1.32%). 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 Boston Partners, Polar Capital LLP, Gamco Investors INC. ET AL, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, SG Americas Securities LLC, Dimensional Fund Advisors LP, Bank of America Corp DE and First Trust Advisors LP. 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 Oregon Public Employees Retirement Fund, BlackRock Inc., Atlanta Capital Management Co. L L C, Geode Capital Management LLC, California Public Employees Retirement System, Millennium Management LLC, Scout Investments Inc. and Rhumbline Advisers. 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 $81.40.

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

W. R. Berkley has a market capitalization of $9.94 billion and generates $7.69 billion in revenue each year. The insurance provider earns $640.74 million in net income (profit) each year or $4.01 on an earnings per share basis. W. R. Berkley employs 7,222 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:  186 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  597
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 2/16/2019 by MarketBeat.com Staff

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