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

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$83.91 +1.14 (+1.38 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$82.77
Today's Range$82.55 - $84.14
52-Week Range$68.87 - $84.65
Volume7,992 shs
Average Volume381,706 shs
Market Capitalization$10.24 billion
P/E Ratio20.90
Dividend Yield0.72%
Beta0.75
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. It also provides workers' compensation, property casualty, general liability, professional liability, and excess and umbrella coverage insurance products, as well as coverages for technology, ambulatory surgery centers, chiropractors, and concierge physicians; accident and health insurance and reinsurance products; insurance for commercial risks; pollution liability and coverages to contractors, consultants, and owners; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for life sciences and travel industries; coverage for excess liability, construction wrap-ups, and completed operations; cyber risk solutions; casualty, group life, and crime-related insurance products; personal lines insurance solutions, including home, condo/co-op, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is headquartered in Greenwich, Connecticut.

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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$5.3378 per share
Book Value$44.87 per share

Profitability

Net Income$640.75 million

Miscellaneous

Employees7,448
Market Cap$10.24 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

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 Friday, February 22nd. Investors of record on Thursday, March 14th will be given a dividend of $0.15 per share on Tuesday, April 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Wednesday, March 13th. 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 minted shares will be distributed 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 will W. R. Berkley's stock buyback program work?

W. R. Berkley announced that its Board of Directors has approved a share repurchase program on Wednesday, August 9th 2017, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

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

W. R. Berkley Corp (NYSE:WRB) announced its earnings results on Tuesday, January, 29th. The insurance provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.15. The insurance provider earned $1.81 billion during the quarter, compared to analysts' expectations of $1.86 billion. W. R. Berkley had a net margin of 8.33% and a return on equity of 9.39%. 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 23rd 2019. View Earnings Estimates for W. R. Berkley.

What price target have analysts set for WRB?

5 equities research analysts have issued 1 year target prices for W. R. Berkley's shares. Their predictions range from $73.00 to $88.00. On average, they expect W. R. Berkley's share price to reach $77.25 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for W. R. Berkley.

What is the consensus analysts' recommendation for W. R. Berkley?

5 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for W. R. Berkley.

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

Media stories about WRB stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. W. R. Berkley earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 Cisco Systems (CSCO), Johnson & Johnson (JNJ), Procter & Gamble (PG), PepsiCo (PEP), Exxon Mobil (XOM), Mastercard (MA), Sherwin-Williams (SHW), Texas Instruments (TXN), UnitedHealth Group (UNH) and Walt Disney (DIS).

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, Sr. 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 BlackRock Inc. (9.61%), Atlanta Capital Management Co. L L C (6.76%), Victory Capital Management Inc. (2.82%), Oregon Public Employees Retirement Fund (2.30%), Boston Partners (2.24%) and Citigroup Inc. (1.32%). 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 Boston Partners, Polar Capital LLP, Gamco Investors INC. ET AL, Teacher Retirement System of Texas, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, SG Americas Securities LLC, Dimensional Fund Advisors LP and Bank of America Corp DE. View Insider Buying and Selling for W. R. Berkley.

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

WRB stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Norges Bank, Atlanta Capital Management Co. L L C, APG Asset Management N.V., Geode Capital Management LLC, Geode Capital Management LLC and California Public Employees Retirement System. 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, Scottrade, Fidelity and Charles Schwab.

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

One share of WRB stock can currently be purchased for approximately $83.99.

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

W. R. Berkley has a market capitalization of $10.25 billion and generates $7.69 billion in revenue each year. The insurance provider earns $640.75 million in net income (profit) each year or $4.01 on an earnings per share basis. W. R. Berkley employs 7,448 workers across the globe.

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:  1.6 out of 5 (star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  608
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 3/21/2019 by MarketBeat.com Staff

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