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

$71.08

+1.23 (+1.76 %)

(As of 01/22/2020 01:21 PM ET)

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Today's Range

$70.66

Now: $71.08▼

$71.24

50-Day Range

$67.69

MA: $69.07▼

$70.36

52-Week Range

$49.47

Now: $71.08▼

$77.54

Volume304,611 shs

Average Volume533,204 shs

Market Capitalization$13.06 billion

P/E Ratio19.76

Dividend Yield0.63%

Beta0.64

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/

Phone203-629-3000

Debt

Debt-to-Equity Ratio0.38

Current Ratio0.36

Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio19.76

Forward P/E Ratio23.15

P/E Growth2.66

Sales & Book Value

Annual Sales$7.69 billion

Price / Sales1.70

Cash Flow$3.56 per share

Price / Cash Flow19.97

Book Value$29.91 per share

Price / Book2.38

Profitability

EPS (Most Recent Fiscal Year)$2.67

Net Income$640.75 million

Net Margins8.82%

Return on Equity10.60%

Return on Assets2.40%

Miscellaneous

Employees7,448

Outstanding Shares183,680,000

Market Cap$13.06 billion

Next Earnings Date1/28/2020 (Confirmed)

OptionableOptionable

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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 dividend on Friday, November 8th. Stockholders of record on Friday, November 22nd will be given 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?

Shares of W. R. Berkley 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 payable 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) released its earnings results on Tuesday, October, 22nd. The insurance provider reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 10.60% and a net margin of 8.82%. The company's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the business earned $0.84 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, January 28th 2020. View Earnings Estimates for W. R. Berkley.

How can I listen to W. R. Berkley's earnings call?

W. R. Berkley will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for WRB?

7 analysts have issued 1-year target prices for W. R. Berkley's stock. Their forecasts range from $56.00 to $80.00. On average, they anticipate W. R. Berkley's stock price to reach $68.12 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. 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’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?

News coverage about WRB stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -2.3 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for W. R. Berkley.

Are investors shorting W. R. Berkley?

W. R. Berkley saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,950,000 shares, an increase of 15.7% from the December 15th total of 2,550,000 shares. Based on an average trading volume of 1,290,000 shares, the short-interest ratio is currently 2.3 days. Currently, 2.0% 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), Cincinnati Financial (CINF), Markel (MKL), Fidelity National Financial (FNF), Cna Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), Hanover Insurance Group (THG), Axis Capital (AXS) 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 a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.17%), PhiloSmith Capital Corp (0.08%), Smith Graham & Co. Investment Advisors LP (0.06%), Nisa Investment Advisors LLC (0.05%), Janney Montgomery Scott LLC (0.03%) and Assenagon Asset Management S.A. (0.02%). 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 Scout Investments Inc., Assenagon Asset Management S.A., Louisiana State Employees Retirement System, PhiloSmith Capital Corp, Sciencast Management LP, Janney Montgomery Scott LLC, Clarus Wealth Advisors and Smith Graham & Co. Investment Advisors LP. View Insider Buying and Selling 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 Exchange Traded Concepts LLC, Polianta Ltd, Cerebellum GP LLC, AE Wealth Management LLC, Diversified Trust Co, Gateway Investment Advisers LLC, Squar Milner Financial Services LLC and 6 Meridian. 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 $71.08.

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

W. R. Berkley has a market capitalization of $13.06 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 ()
Outperform Votes:		249 (Vote Outperform)
Underperform Votes:		463 (Vote Underperform)
Total Votes:		712

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 1/22/2020 by MarketBeat.com Staff

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