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NYSE:WRB

W. R. Berkley Stock Forecast, Price & News

$61.04
+0.31 (+0.51 %)
(As of 10/29/2020 12:00 AM ET)
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Today's Range
$59.90
Now: $61.04
$62.09
50-Day Range
$59.56
MA: $62.45
$66.01
52-Week Range
$43.05
Now: $61.04
$79.92
Volume832,640 shs
Average Volume898,681 shs
Market Capitalization$10.87 billion
P/E Ratio34.10
Dividend Yield0.79%
Beta0.82
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 & Monoline Excess. 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; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property 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 and fidelity 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 & Monoline Excess 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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W. R. Berkley logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP08442310
Phone203-629-3000
Employees7,493

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.90 billion
Cash Flow$3.80 per share
Book Value$33.31 per share

Profitability

Net Income$681.94 million

Miscellaneous

Market Cap$10.87 billion
Next Earnings Date1/26/2021 (Estimated)
OptionableOptionable
$61.04
+0.31 (+0.51 %)
(As of 10/29/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has W. R. Berkley's stock price been impacted by Coronavirus (COVID-19)?

W. R. Berkley's stock was trading at $58.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WRB shares have increased by 5.0% and is now trading at $61.04.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of W. R. Berkley?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W. R. Berkley in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for W. R. Berkley
.

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

W. R. Berkley is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for W. R. Berkley
.

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

W. R. Berkley Co. (NYSE:WRB) posted its earnings results on Tuesday, October, 20th. The insurance provider reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.15. The insurance provider had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.75 billion. W. R. Berkley had a net margin of 4.57% and a return on equity of 7.55%. The company's revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.85 earnings per share.
View W. R. Berkley's earnings history
.

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 Tuesday, August 4th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.12 per share on Tuesday, September 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Monday, September 14th.
View W. R. Berkley's dividend history
.

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

W. R. Berkley's stock split on the morning of Wednesday, April 3rd 2019. The 3-2 split was announced on Thursday, February 21st 2019. The newly created shares were issued to shareholders after the closing bell 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.

What price target have analysts set for WRB?

7 equities research analysts have issued twelve-month target prices for W. R. Berkley's stock. Their forecasts range from $55.00 to $73.00. On average, they expect W. R. Berkley's share price to reach $66.83 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts' price targets for W. R. Berkley
.

Are investors shorting W. R. Berkley?

W. R. Berkley saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,530,000 shares, a decline of 10.5% from the August 31st total of 1,710,000 shares. Based on an average daily volume of 701,400 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.1% of the shares of the company are sold short.
View W. R. Berkley's Short Interest
.

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), Starbucks (SBUX), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Target (TGT), The Walt Disney (DIS), Pfizer (PFE), Raytheon Technologies (RTX) and CVS Health (CVS).

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

W. R. Berkley's management team includes the following people:
  • Mr. William Robert Berkley, Exec. Chairman (Age 75, Pay $7.51M)
  • Mr. William Robert Berkley Jr., Pres, CEO & Director (Age 47, Pay $7.24M)
  • Mr. Richard Mark Baio, Exec. VP, CFO & Treasurer (Age 51, Pay $1.47M)
  • Mr. James Gerald Shiel, Exec. VP of Investments (Age 60, Pay $1.61M)
  • Ms. Lucille T. Sgaglione, Exec. VP (Age 70, Pay $1.55M)

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

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

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

W. R. Berkley's stock is owned by a variety of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.80%), Confluence Investment Management LLC (0.38%), America First Investment Advisors LLC (0.14%), Wallington Asset Management LLC (0.09%), Scout Investments Inc. (0.09%) and YorkBridge Wealth Partners LLC (0.08%).
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 Alberta Investment Management Corp, State of New Jersey Common Pension Fund D, Standard Life Aberdeen plc, Busey Wealth Management, Retirement Systems of Alabama, America First Investment Advisors LLC, Sumitomo Mitsui DS Asset Management Company Ltd, and Pacer Advisors Inc..
View insider buying and selling activity for W. R. Berkley
.

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

WRB stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Envestnet Asset Management Inc., Bradley Foster & Sargent Inc. CT, New Mexico Educational Retirement Board, D. B. Root & Company LLC, LVW Advisors LLC, Vestmark Advisory Solutions Inc., and DekaBank Deutsche Girozentrale.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

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

One share of WRB stock can currently be purchased for approximately $61.04.

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

W. R. Berkley has a market capitalization of $10.87 billion and generates $7.90 billion in revenue each year. The insurance provider earns $681.94 million in net income (profit) each year or $3.03 on an earnings per share basis. W. R. Berkley employs 7,493 workers across the globe.

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

The official website for W. R. Berkley is 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]

This page was last updated on 10/30/2020 by MarketBeat.com Staff

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