NYSE:WRB - W. R. Berkley Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding W. R. Berkley Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $75.17 -1.87 (-2.43 %) (As of 02/25/2020 04:00 PM ET) Add Compare Today's Range$75.07Now: $75.17▼$77.3750-Day Range$67.69MA: $73.86▼$79.4852-Week Range$54.29Now: $75.17▼$79.92Volume949,088 shsAverage Volume837,446 shsMarket Capitalization$13.79 billionP/E Ratio21.29Dividend Yield0.57%Beta0.61 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:WRB Previous Symbol CUSIP08442310 CIK11544 Webhttp://www.wrberkley.com/ Phone203-629-3000Debt Debt-to-Equity Ratio0.43 Current Ratio0.37 Quick Ratio0.37Price-To-Earnings Trailing P/E Ratio21.29 Forward P/E Ratio25.06 P/E Growth2.91 Sales & Book Value Annual Sales$7.90 billion Price / Sales1.74 Cash Flow$3.64 per share Price / Cash Flow20.64 Book Value$33.31 per share Price / Book2.26Profitability EPS (Most Recent Fiscal Year)$3.03 Net Income$681.94 million Net Margins8.63% Return on Equity10.66% Return on Assets2.44%Miscellaneous Employees7,448 Outstanding Shares183,422,000Market Cap$13.79 billion Next Earnings Date4/28/2020 (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. WRB Rates by TradingView 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 declared a quarterly dividend on Thursday, February 20th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.11 per share on Wednesday, March 25th. This represents a $0.44 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Tuesday, March 10th. 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 Wednesday, April 3rd 2019. The 3-2 split was announced on Thursday, February 21st 2019. The newly created 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 were W. R. Berkley's earnings last quarter? W. R. Berkley Corp (NYSE:WRB) released its quarterly earnings results on Tuesday, January, 28th. The insurance provider reported $0.71 EPS for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.01. The insurance provider had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. W. R. Berkley had a return on equity of 10.66% and a net margin of 8.63%. W. R. Berkley's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 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 28th 2020. View Earnings Estimates for W. R. Berkley. What price target have analysts set for WRB? 7 Wall Street analysts have issued 1 year target prices for W. R. Berkley's shares. Their forecasts range from $56.00 to $82.00. On average, they expect W. R. Berkley's share price to reach $67.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. 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, 2 hold ratings and 3 buy ratings 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 Corporation’s earnings of 72 cents per share came in line with the Zacks Consensus Estimate and grew 18% year over year on higher premiums written. Shares of the company have outperformed the industry in a year's time. The company has been investing in numerous startups since 2006 and establishing new units in growing international markets. It witnessed steady net premium growth on the back of rate improvement. Robust capital position enables the company to deploy capital effectively through share repurchase, special dividends and dividend hikes. However, exposure to a highly competitive reinsurance market is a concern. Rising debt has been inducing higher interest expenses. Exposure to catastrophe loss inducing volatility in underwriting profitability raises the financial risk of the company." (2/17/2020) 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? News articles about WRB stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. W. R. Berkley earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for W. R. Berkley. Are investors shorting W. R. Berkley? W. R. Berkley saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,680,000 shares, a drop of 9.2% from the January 15th total of 2,950,000 shares. Based on an average daily volume of 1,310,000 shares, the short-interest ratio is presently 2.0 days. Currently, 1.8% of the shares of the company are short sold. View W. R. Berkley's Current Options Chain. Who are some of W. R. Berkley's key competitors? Some companies that are related to W. R. Berkley include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS), Hanover Insurance Group (THG) and Assured Guaranty (AGO). 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 Verizon Communications (VZ), Exxon Mobil (XOM), Cisco Systems (CSCO), Sherwin-Williams (SHW), AT&T (T), Consolidated Edison (ED), Altria Group (MO), Walgreens Boots Alliance (WBA), Walt Disney (DIS) and Johnson & Johnson (JNJ). 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 many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.49%), Janus Henderson Group PLC (3.92%), First Eagle Investment Management LLC (3.74%), Geode Capital Management LLC (1.49%), Victory Capital Management Inc. (1.31%) and Victory Capital Management Inc. (1.30%). 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 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, Victory Capital Management Inc., Victory Capital Management Inc., Bank of New York Mellon Corp, First Eagle Investment Management LLC, Principal Financial Group Inc., American International Group Inc. and Scout Investments Inc.. 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 State Street Corp, Geode Capital Management LLC, Madison Asset Management LLC, Marshall Wace North America L.P., Robeco Institutional Asset Management B.V., Charles Schwab Investment Management Inc., Goldman Sachs Group Inc. and Renaissance Technologies LLC. 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 $75.17. How big of a company is W. R. Berkley? W. R. Berkley has a market capitalization of $13.79 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 7,448 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: 1.8 out of 5 ()Outperform Votes: 258 (Vote Outperform)Underperform Votes: 472 (Vote Underperform)Total Votes: 730MarketBeat'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 2/25/2020 by MarketBeat.com StaffFeatured Article: What is meant by buying and selling pressure?
