EXTENDED - TODAY ONLY: MarketBeat All Access For Just $399 $199 (save 50%)
×
S&P 500   3,957.63 (-0.16%)
DOW   33,852.53 (+0.01%)
QQQ   280.61 (-0.74%)
AAPL   141.08 (-2.18%)
MSFT   240.22 (-0.64%)
META   109.29 (+0.47%)
GOOGL   95.15 (-0.94%)
AMZN   92.36 (-1.69%)
TSLA   180.79 (-1.16%)
NVDA   156.23 (-1.29%)
NIO   10.52 (+3.95%)
BABA   79.82 (+5.19%)
AMD   73.33 (+0.19%)
T   19.00 (+0.96%)
MU   55.13 (-1.11%)
CGC   3.43 (+0.88%)
F   13.76 (+0.22%)
GE   85.55 (+0.09%)
DIS   94.69 (-1.05%)
AMC   7.45 (+1.64%)
PYPL   77.69 (-2.80%)
PFE   49.42 (-0.30%)
NFLX   281.02 (-0.05%)
S&P 500   3,957.63 (-0.16%)
DOW   33,852.53 (+0.01%)
QQQ   280.61 (-0.74%)
AAPL   141.08 (-2.18%)
MSFT   240.22 (-0.64%)
META   109.29 (+0.47%)
GOOGL   95.15 (-0.94%)
AMZN   92.36 (-1.69%)
TSLA   180.79 (-1.16%)
NVDA   156.23 (-1.29%)
NIO   10.52 (+3.95%)
BABA   79.82 (+5.19%)
AMD   73.33 (+0.19%)
T   19.00 (+0.96%)
MU   55.13 (-1.11%)
CGC   3.43 (+0.88%)
F   13.76 (+0.22%)
GE   85.55 (+0.09%)
DIS   94.69 (-1.05%)
AMC   7.45 (+1.64%)
PYPL   77.69 (-2.80%)
PFE   49.42 (-0.30%)
NFLX   281.02 (-0.05%)
S&P 500   3,957.63 (-0.16%)
DOW   33,852.53 (+0.01%)
QQQ   280.61 (-0.74%)
AAPL   141.08 (-2.18%)
MSFT   240.22 (-0.64%)
META   109.29 (+0.47%)
GOOGL   95.15 (-0.94%)
AMZN   92.36 (-1.69%)
TSLA   180.79 (-1.16%)
NVDA   156.23 (-1.29%)
NIO   10.52 (+3.95%)
BABA   79.82 (+5.19%)
AMD   73.33 (+0.19%)
T   19.00 (+0.96%)
MU   55.13 (-1.11%)
CGC   3.43 (+0.88%)
F   13.76 (+0.22%)
GE   85.55 (+0.09%)
DIS   94.69 (-1.05%)
AMC   7.45 (+1.64%)
PYPL   77.69 (-2.80%)
PFE   49.42 (-0.30%)
NFLX   281.02 (-0.05%)
S&P 500   3,957.63 (-0.16%)
DOW   33,852.53 (+0.01%)
QQQ   280.61 (-0.74%)
AAPL   141.08 (-2.18%)
MSFT   240.22 (-0.64%)
META   109.29 (+0.47%)
GOOGL   95.15 (-0.94%)
AMZN   92.36 (-1.69%)
TSLA   180.79 (-1.16%)
NVDA   156.23 (-1.29%)
NIO   10.52 (+3.95%)
BABA   79.82 (+5.19%)
AMD   73.33 (+0.19%)
T   19.00 (+0.96%)
MU   55.13 (-1.11%)
CGC   3.43 (+0.88%)
F   13.76 (+0.22%)
GE   85.55 (+0.09%)
DIS   94.69 (-1.05%)
AMC   7.45 (+1.64%)
PYPL   77.69 (-2.80%)
PFE   49.42 (-0.30%)
NFLX   281.02 (-0.05%)
NYSE:WRB

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

$75.06
+0.27 (+0.36%)
(As of 11/29/2022 03:59 PM ET)
Add
Compare
Today's Range
$74.62
$75.26
50-Day Range
$61.56
$75.29
52-Week Range
$50.44
$76.06
Volume
23,048 shs
Average Volume
1.30 million shs
Market Capitalization
$19.93 billion
P/E Ratio
16.18
Dividend Yield
0.53%
Price Target
$77.64

W. R. Berkley MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
3.4% Upside
$77.64 Price Target
Short Interest
Healthy
0.87% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
1.06mentions of W. R. Berkley in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.49%
From $4.29 to $4.74 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Finance Sector

178th out of 907 stocks

Fire, Marine, & Casualty Insurance Industry

5th out of 47 stocks

WRB stock logo

About W. R. Berkley (NYSE:WRB) Stock

W. R. Berkley Corporation was founded in 1967 by W.R. Berkley with the goal of creating sustainable, long-term value. As of November 2022, Mr. Berkley remained as executive chairman with his son W.R. Berkley Jr. in the CEO's office. The company is based in Greenwich, Connecticut, and operates as an insurance holding company in the U.S. and internationally. It is one of the largest commercial lines insurers in the US and has more than 190 offices worldwide.
 
The company’s operations have grown steadily since its founding, including several key acquisitions. The company now operates in two segments which are Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance businesses of all varieties. The Reinsurance & Monoline Excess segment provides reinsurance services to other insurance agencies and self-insured organizations. W. R. Berkley Corporation went public in 1973 and is now listed 397th on the Forbes Fortune 500 list.
 
There are more than 50 businesses operating under the Berkley umbrella. They each capitalize on niche markets that require specialized knowledge about industries, regions, or business structures. The company’s goal is to create peace of mind, both by simplifying the insurance buying process and by providing the insurance products its customers need.
 
W. R. Berkley was added to the S&P 500 in 2019. The company’s market cap grew more than 20% or over $1 billion in the first year alone. As of November 2022, the company is worth upwards of $19.5 billion or more than a 200% increase since its launch. The company’s underlying insurance businesses are all rated A+ by Standard & Poors and A.M. Best.
 
Some of the key businesses and industries served by W.R. Berkley include but are not limited to agribusiness, cannabis, energy, environmental, hospitality, manufacturing, public entity, retail, and transportation. Some of the products offered include but are not limited to workers' compensation, general liability, commercial auto & trucking, accident & health, cyber, and property. In 2021, the company brought in more than $9.5 billion in revenue and produced a 16.2% return on stockholders' equity.



Receive WRB Stock News and Ratings via Email

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

WRB Stock News Headlines

4 Best Stocks to Buy Right Away for Earnings Growth
Arthur J. Gallagher (AJG) Up 18% YTD: More Upside Left?
Why Should You Stay Invested in Argo Group (ARGO) Stock?
WRB vs. TKOMY: Which Stock Is the Better Value Option?
Bull of the Day: W.R. Berkley Corp. (WRB)
StockNews.com Downgrades W. R. Berkley (NYSE:WRB) to Hold
What 5 Analyst Ratings Have To Say About WR Berkley
W. R. Berkley Corp. Launches New Business Berkley E&S Solutions
W. R. Berkley Corporation Forms Berkley E&S Solutions
W.R. Berkley Is A Great Capital Allocator
5 Analysts Have This to Say About WR Berkley
W.R. Berkley (WRB) Q3 Earnings, Revenues Beat, Rise Y/Y
See More Headlines
Receive WRB Stock News and Ratings via Email

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

WRB Company Calendar

Ex-Dividend for 10/3 Dividend
9/23/2022
Dividend Payable
10/03/2022
Last Earnings
10/24/2022
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/26/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
CUSIP
08442310
Employees
7,681
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$77.64
High Stock Price Forecast
$88.00
Low Stock Price Forecast
$65.33
Forecasted Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
14.87%

Debt

Sales & Book Value

Annual Sales
$9.46 billion
Cash Flow
$4.07 per share
Book Value
$25.17 per share

Miscellaneous

Free Float
205,744,000
Market Cap
$19.93 billion
Optionable
Optionable
Beta
0.64

Social Links


Key Executives

  • Mr. William Robert Berkley (Age 77)
    Exec. Chairman
    Comp: $10.52M
  • Mr. William Robert Berkley Jr. (Age 49)
    Pres, CEO & Director
    Comp: $10.39M
  • Mr. Richard Mark Baio (Age 53)
    Exec. VP & CFO
    Comp: $1.93M
  • Mr. James Gerald Shiel (Age 62)
    Exec. VP of Investments
    Comp: $2M
  • Ms. Lucille T. Sgaglione (Age 72)
    Exec. VP
    Comp: $2M
  • Mr. Philip Stanley Welt (Age 62)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. A. Scott Mansolillo
    SVP & Chief Compliance Officer
  • Ms. Karen A. Horvath
    VP of External Financial Communications
  • Mr. Jonathan M. Levine
    VP & Chief Marketing Officer
  • Ms. Carol Josephine LaPunzina (Age 60)
    Sr. VP of HR













WRB Stock - Frequently Asked Questions

Should I buy or sell W. R. Berkley stock right now?

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.

What is W. R. Berkley's stock price forecast for 2023?

10 Wall Street analysts have issued 1-year price targets for W. R. Berkley's stock. Their WRB share price forecasts range from $65.33 to $88.00. On average, they predict the company's stock price to reach $77.64 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for WRB
or view top-rated stocks among Wall Street analysts.

How have WRB shares performed in 2022?

W. R. Berkley's stock was trading at $54.9267 at the beginning of the year. Since then, WRB shares have increased by 36.2% and is now trading at $74.79.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our WRB earnings forecast
.

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

W. R. Berkley Co. (NYSE:WRB) released its quarterly earnings results on Monday, October, 24th. The insurance provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.16. The insurance provider earned $2.44 billion during the quarter, compared to analyst estimates of $2.44 billion. W. R. Berkley had a net margin of 12.05% and a trailing twelve-month return on equity of 17.98%. The company's quarterly revenue was up 17.3% on a year-over-year basis. During the same period last year, the company posted $0.88 EPS.
Read the conference call transcript
.

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 Wednesday, September 14th. Shareholders of record on Monday, September 26th will be paid 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 0.53%. The ex-dividend date of this dividend is Friday, September 23rd.
Read our dividend analysis for WRB
.

Is W. R. Berkley a good dividend stock?

W. R. Berkley (NYSE:WRB) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.53%. 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 8.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WRB will have a dividend payout ratio of 8.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRB.

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

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

What is W. Robert Berkley, Jr.'s approval rating as W. R. Berkley's CEO?

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.

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

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.47%), BlackRock Inc. (5.21%), State Street Corp (4.15%), Kayne Anderson Rudnick Investment Management LLC (3.36%), Victory Capital Management Inc. (1.98%) and First Trust Advisors LP (1.07%).
View institutional ownership trends
.

How do I buy shares of W. R. Berkley?

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.
Compare Top Brokerages Here.

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

One share of WRB stock can currently be purchased for approximately $74.79.

How much money does W. R. Berkley make?

W. R. Berkley (NYSE:WRB) has a market capitalization of $19.85 billion and generates $9.46 billion in revenue each year. The insurance provider earns $1.02 billion in net income (profit) each year or $4.64 on an earnings per share basis.

How many employees does W. R. Berkley have?

The company employs 7,681 workers across the globe.

How can I contact W. R. Berkley?

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.

This page (NYSE:WRB) was last updated on 11/29/2022 by MarketBeat.com Staff