W. R. Berkley - WRB Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W. R. Berkley in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WRB shares.
View WRB analyst ratings or view top-rated stocks.

10 brokerages have issued 12 month target prices for W. R. Berkley's shares. Their WRB share price forecasts range from $65.33 to $83.00. On average, they expect the company's share price to reach $73.70 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for WRB or view top-rated stocks among Wall Street analysts.

W. R. Berkley's stock was trading at $54.9267 at the beginning of 2022. Since then, WRB stock has increased by 13.9% and is now trading at $62.57.
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W. R. Berkley saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,310,000 shares, a decline of 18.9% from the August 15th total of 2,850,000 shares. Based on an average trading volume of 1,250,000 shares, the days-to-cover ratio is currently 1.8 days.
View W. R. Berkley's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our WRB earnings forecast.

W. R. Berkley will be holding an earnings conference call on Monday, October 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

W. R. Berkley Co. (NYSE:WRB) announced its quarterly earnings data on Thursday, July, 21st. The insurance provider reported $1.12 EPS for the quarter, topping the consensus estimate of $0.84 by $0.28. The insurance provider earned $2.68 billion during the quarter, compared to the consensus estimate of $2.56 billion. W. R. Berkley had a trailing twelve-month return on equity of 17.26% and a net margin of 12.71%. During the same period in the previous year, the company posted $0.78 earnings per share.
Read the conference call transcript.

W. R. Berkley declared a quarterly dividend on Wednesday, September 14th. Shareholders of record on Monday, September 26th will be given a dividend of $0.10 per share on Monday, October 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, September 23rd.
Read our dividend analysis for WRB.

W. R. Berkley (NYSE:WRB) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.65%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WRB will have a dividend payout ratio of 8.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRB.

W. R. Berkley shares split on the morning of Thursday, March 24th 2022. The 3-2 split was announced on Friday, February 25th 2022. The newly created shares were distributed to shareholders after the market closes on Wednesday, March 23rd 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

63 employees have rated W. R. Berkley Chief Executive Officer W. Robert Berkley, Jr. on Glassdoor.com. W. Robert Berkley, Jr. has an approval rating of 88% among the company's employees. 70.0% of employees surveyed would recommend working at W. R. Berkley to a friend.

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), Walt Disney (DIS), Pfizer (PFE), Raytheon Technologies (RTX) and CVS Health (CVS).

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

W. R. Berkley's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.17%), Kayne Anderson Rudnick Investment Management LLC (3.40%), Victory Capital Management Inc. (2.02%), JPMorgan Chase & Co. (1.17%), BloombergSen Inc. (0.82%) and Northern Trust Corp (0.77%).
View institutional ownership trends.

Shares of WRB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WRB stock can currently be purchased for approximately $62.57.

W. R. Berkley (NYSE:WRB) has a market capitalization of $16.60 billion and generates $9.46 billion in revenue each year. The insurance provider earns $1.02 billion in net income (profit) each year or $4.7533 on an earnings per share basis.

The company employs 7,681 workers across the globe.

W. R. Berkley's mailing address is 475 STEAMBOAT ROAD, GREENWICH CT, 06830. The official website for the company is www.wrberkley.com. The insurance provider can be reached via phone at (203) 629-3000, via email at investorrelations@berkley.com, or via fax at 203-629-3073.