Log in

W. R. Berkley Stock Price, Forecast & Analysis (NYSE:WRB)

$67.85
-0.61 (-0.89 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$67.75
Now: $67.85
$69.30
50-Day Range
$67.80
MA: $70.25
$72.68
52-Week Range
$45.91
Now: $67.85
$77.54
Volume487,698 shs
Average Volume669,581 shs
Market Capitalization$12.46 billion
P/E Ratio25.41
Dividend Yield0.64%
Beta0.66
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. Read More…

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$3.49 per share
Book Value$33.21 per share

Profitability

Net Income$640.75 million

Miscellaneous

Employees7,448
Market Cap$12.46 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

Receive WRB News and Ratings via Email

Sign-up to receive the latest news and ratings for WRB and its competitors with MarketBeat's FREE daily newsletter.


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 dividend on Friday, November 8th. Investors of record on Friday, November 22nd will be paid a dividend of $0.11 per share on Wednesday, December 11th. The ex-dividend date of this dividend is Thursday, November 21st. 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 shares split on the morning of Wednesday, April 3rd 2019. The 3-2 split was announced on Thursday, February 21st 2019. The newly minted 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.

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

W. R. Berkley Corp (NYSE:WRB) issued its quarterly earnings results on Tuesday, October, 22nd. The insurance provider reported $0.85 EPS for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.18. The insurance provider earned $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. W. R. Berkley had a net margin of 8.82% and a return on equity of 10.60%. The company's revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. 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, February 4th 2020. View Earnings Estimates for W. R. Berkley.

What price target have analysts set for WRB?

7 Wall Street analysts have issued 1-year price targets for W. R. Berkley's shares. Their forecasts range from $56.00 to $73.00. On average, they expect W. R. Berkley's stock price to reach $64.23 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for W. R. Berkley.

What is the consensus analysts' recommendation for 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 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for W. R. Berkley.

What are Wall Street analysts saying about W. R. Berkley stock?

Here are some recent quotes from research analysts about W. R. Berkley stock:
  • 1. According to Zacks Investment Research, "W.R. Berkley’s shares have outperformed its industry year to date. The company has been investing in numerous startups since 2006 and establishing new units in growing international markets provided diversification benefits. Establishing operating units in North and Southeast Asia are also in line with the strategy. It boasts a prudent capital management policy that also enhances shareholders value. The company’s international business has potential for long-term earnings growth. The company witnessed steady net premium growth on the back of rate improvement. However, exposure to a highly competitive reinsurance market and pressure on the rate environment are concerns. Rising debt has been inducing higher interest expenses. Exposure to catastrophe loss inducing volatility in underwriting profitability remains a headwind." (10/19/2019)
  • 2. Boenning Scattergood analysts commented, "We believe WRB is well positioned to take advantage of any improvement in market conditions and we consider the stock an excellent core holding for longer-term investors. In the near-term, however, we don’t see much potential for the shares to outperform the market. Berkley’s P/B valuation (1.9x) is high relative to peers (1.5x) and its historical average (1.4x) – in our view, the stock isn’t particularly compelling today for short-term investors. We maintain our Neutral rating." (4/24/2019)

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

Headlines about WRB stock have trended very negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. W. R. Berkley earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for W. R. Berkley.

Are investors shorting W. R. Berkley?

W. R. Berkley saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 3,170,000 shares, a decline of 17.2% from the September 30th total of 3,830,000 shares. Based on an average daily volume of 608,700 shares, the days-to-cover ratio is presently 5.2 days. Approximately 2.2% of the company's shares are sold short. View W. R. Berkley's Current Options Chain.

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 Sherwin-Williams (SHW), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), PepsiCo (PEP), Walt Disney (DIS), Consolidated Edison (ED), Nike (NKE) and Stryker (SYK).

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, Exec. 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 variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.68%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), Confluence Investment Management LLC (0.36%), Scout Investments Inc. (0.29%), Rhumbline Advisers (0.22%) and Carillon Tower Advisers Inc. (0.20%). Company insiders that own W. R. Berkley stock include James G Shiel and Mark Ellwood Brockbank. View Institutional Ownership Trends for W. R. Berkley.

Which institutional 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., Carillon Tower Advisers Inc., First Quadrant L P CA, Gamco Investors INC. ET AL, Sumitomo Mitsui Trust Holdings Inc., Alberta Investment Management Corp, AMI Investment Management Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for W. R. Berkley.

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

WRB stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Retirement Systems of Alabama, Teacher Retirement System of Texas, Assenagon Asset Management S.A., Bfsg LLC, State of New Jersey Common Pension Fund D, State of Tennessee Treasury Department and Robeco Institutional Asset Management B.V.. 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, 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 $67.85.

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

W. R. Berkley has a market capitalization of $12.46 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.View Additional Information About W. R. Berkley.

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:  1.7 out of 5 (star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  458 (Vote Underperform)
Total Votes:  695
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 11/17/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel