NYSE:WRB W. R. Berkley (WRB) Stock Price, News & Analysis $57.52 -0.29 (-0.50%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About W. R. Berkley Stock (NYSE:WRB) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$57.20▼$57.9950-Day Range$51.54▼$60.5852-Week Range$41.37▼$61.28Volume1.49 million shsAverage Volume1.74 million shsMarket Capitalization$22.06 billionP/E Ratio15.30Dividend Yield0.56%Price Target$77.70Consensus RatingHold Company OverviewW. 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. Written by Jeffrey Neal JohnsonRead More… “I’ll Give You the Knowledge and Confidence You Need to Make Your First Options Trade in Five Days or Less… Guaranteed!” (Ad)Starting Monday, September 23 — a veteran 25-year Chicago Options Exchange market-maker will show you his UOA options secret that could help you consistently target gains of 126%… 245%… even 463% or more… Often in 30 days or less… No matter what the market is doing right now.Go here for the full details now. W. R. Berkley Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 98th PercentileW. R. Berkley scored higher than 98% of companies evaluated by MarketBeat, and ranked 23rd out of 908 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingW. R. Berkley has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageW. R. Berkley has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about W. R. Berkley's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.71% Earnings GrowthEarnings for W. R. Berkley are expected to grow by 5.71% in the coming year, from $4.03 to $4.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W. R. Berkley is 15.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.02.Price to Earnings Ratio vs. SectorThe P/E ratio of W. R. Berkley is 15.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.37.Price to Earnings Growth RatioW. R. Berkley has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioW. R. Berkley has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about W. R. Berkley's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.10% of the outstanding shares of W. R. Berkley have been sold short.Short Interest Ratio / Days to CoverW. R. Berkley has a short interest ratio ("days to cover") of 4.9.Change versus previous month Dividend3.3 / 5Dividend StrengthStrong Dividend YieldW. R. Berkley has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthW. R. Berkley has been increasing its dividend for 23 years.Dividend CoverageThe dividend payout ratio of W. R. Berkley is 8.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, W. R. Berkley will have a dividend payout ratio of 7.51% next year. This indicates that W. R. Berkley will be able to sustain or increase its dividend.Read more about W. R. Berkley's dividend. Sustainability and ESG2.1 / 5Environmental Score-0.50 Percentage of Shares Shorted2.10% of the outstanding shares of W. R. Berkley have been sold short.Short Interest Ratio / Days to CoverW. R. Berkley has a short interest ratio ("days to cover") of 4.9.Change versus previous month News and Social Media2.7 / 5News Sentiment0.84 News SentimentW. R. Berkley has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for W. R. Berkley this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for WRB on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added W. R. Berkley to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, W. R. Berkley insiders have not sold or bought any company stock.Percentage Held by Insiders23.00% of the stock of W. R. Berkley is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions68.82% of the stock of W. R. Berkley is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about W. R. Berkley's insider trading history. WRB Stock News HeadlinesW. R. Berkley Co. (NYSE:WRB) Receives Consensus Recommendation of "Hold" from BrokeragesSeptember 17 at 4:21 AM | americanbankingnews.comW.R. Berkley Corp. stock underperforms Thursday when compared to competitors despite daily gainsSeptember 13, 2024 | marketwatch.comHave you heard of this 5-Day Challenge yet?You'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...September 19, 2024 | InvestorPlace (Ad)Forget Nvidia And Apple. Top Funds Can't Get Enough Of This Boring Stock.September 11, 2024 | msn.comW.R. Berkley Corp. stock underperforms Monday when compared to competitors despite daily gainsSeptember 10, 2024 | marketwatch.comBarclays Initiates Coverage of W. R. Berkley Corporation - Corporate Bond (WRB.PRH) with Underweight RecommendationSeptember 6, 2024 | msn.comBarclays Initiates Coverage of W. R. Berkley Corporation - Corporate Bond (WRB.PRE) with Underweight RecommendationSeptember 6, 2024 | msn.comBarclays Initiates Coverage of W. R. Berkley Corporation - Corporate Bond (WRB.PRG) with Underweight RecommendationSeptember 5, 2024 | msn.comSee More Headlines WRB Stock Analysis - Frequently Asked Questions How have WRB shares performed this year? W. R. Berkley's stock was trading at $70.72 at the beginning of the year. Since then, WRB shares have decreased by 18.7% and is now trading at $57.52. View the best growth stocks for 2024 here. How were W. R. Berkley's earnings last quarter? W. R. Berkley Co. (NYSE:WRB) posted its quarterly earnings data on Monday, July, 22nd. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.12. The firm's revenue was up 10.6% compared to the same quarter last year. Read the conference call transcript. When did W. R. Berkley's stock split? Shares of W. R. Berkley split on Wednesday, July 10th 2024. The 3-2 split was announced on Wednesday, June 12th 2024. The newly created shares were payable to shareholders after the closing bell on Tuesday, July 9th 2024. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. Does W. R. Berkley have any subsidiaries? W. R. Berkley subsidiaries include Intrepid Insurance Company, American Mining Insurance Company, Garnet Captive Services, 120dB Films Capital LLC, 120dB Films Lending LLC, 34 Leadenhall Street Limited, 52 Lime Street Management Limited, and more. Who are W. R. Berkley's major shareholders? W. R. Berkley's top institutional investors include Kayne Anderson Rudnick Investment Management LLC (1.97%), Victory Capital Management Inc. (1.10%), APG Asset Management N.V. (0.70%) and Dimensional Fund Advisors LP (0.53%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of W. R. Berkley own? Based on aggregate information from My MarketBeat watchlists, some other companies that W. R. Berkley investors own include Cisco Systems (CSCO), Starbucks (SBUX), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Target (TGT) and Walt Disney (DIS). Company Calendar Ex-Dividend for 6/28 Dividend6/24/2024Dividend Payable6/28/2024Last Earnings7/22/2024Today9/19/2024Ex-Dividend for 9/30 Dividend9/23/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:WRB CUSIP08442310 CIK11544 Webwww.wrberkley.com Phone(203) 629-3000Fax203-629-3073Employees8,329Year Founded1967Price Target and Rating Average Stock Price Target$77.70 High Stock Price Target$103.00 Low Stock Price Target$56.00 Potential Upside/Downside+35.1%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.76 Trailing P/E Ratio15.30 Forward P/E Ratio14.27 P/E Growth1.05Net Income$1.38 billion Net Margins12.05% Pretax Margin15.46% Return on Equity21.34% Return on Assets4.26% Debt Debt-to-Equity Ratio0.36 Current Ratio0.38 Quick Ratio0.38 Sales & Book Value Annual Sales$12.84 billion Price / Sales1.72 Cash Flow$3.45 per share Price / Cash Flow16.69 Book Value$19.31 per share Price / Book2.98Miscellaneous Outstanding Shares383,493,000Free Float295,290,000Market Cap$22.06 billion OptionableOptionable Beta0.62 Social Links Should I Buy W. R. Berkley Stock? WRB Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these W. R. Berkley pros and cons to contact@marketbeat.com. W. R. Berkley Bull Case Here are some ways that investors could benefit from investing in W. R. Berkley Co.: W. R. Berkley Co. recently increased its dividend from $0.07 to $0.08 per share, indicating a positive financial outlook and potential for income growth for investors. The company reported earnings per share of $1.04 for the last quarter, surpassing analysts' estimates by $0.12, showcasing strong financial performance. Institutional investors, such as Louisiana State Employees Retirement System and APG Asset Management US Inc., have been increasing their stakes in W. R. Berkley Co., indicating confidence in the company's future prospects. W. R. Berkley Co. has a moderate buy rating from analysts with a consensus target price of $60.07, suggesting potential for stock price appreciation. The company has a healthy return on equity of 21.62%, indicating efficient utilization of shareholder funds to generate profits. W. R. Berkley Bear Case Investors should be bearish about investing in W. R. Berkley Co. for these reasons: The stock price of W. R. Berkley Co. has a 12-month high of $59.46, which may indicate limited short-term upside potential for investors entering at current levels. While the company has shown growth in revenue, the net margin of 12.05% may be considered relatively low compared to industry peers, potentially impacting profitability. W. R. Berkley Co. has a debt-to-equity ratio of 0.36, which suggests a moderate level of financial leverage that could pose risks in economic downturns. The stock's price-to-earnings ratio of 15.31 may indicate that the stock is currently trading at a premium valuation, potentially limiting immediate capital gains for investors. With a beta of 0.61, W. R. Berkley Co. is less volatile than the market average, which may result in slower price movements compared to higher beta stocks. This page (NYSE:WRB) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. 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