W. R. Berkley Corporation

NYSE:WRB

$64.55 USD

-$0.39 (-0.6%)

Volume
853.38K
Average Volume
1.83M
Market Capitalization
$24.6B
P/E Ratio
16.54
Dividend Yield
1.90%
Price Target
$68.00
Year High
$65.49
Year Low
$45.75
Payout Ratio
$0.40
Current Ratio
$0.16

Industry, Sector & symbol

Stock Exchange New York Stock Exchange
CEO Mr. William Robert Berkley Jr.
Industry Insurance - Property & Casualty
Sector Financial Services
Current Symbol WRB
CUSIP 084423102
CIK 0000011544
Web https://www.berkley.com
Phone 203 629 3000
Currency USD
Employees 8329
Country US

Liquidity

Debt-to-Equity Ratio 0.34
Payout Ratio 0.40
Current Ratio 0.16
Quick Ratio 0.16
Cash Ratio 0.09

Sales & Book Value

Annual Sales $12.14B
Price / Sales 1.87
Cash Flow 8.47
Price / Cash Flow 7.18
Price / Book 3.10

Price Target and Rating

Average Stock Price Forecast $68.00
High Stock Price Forecast $89.00
Low Stock Price Forecast $56.00
Forecast Upside/Downside -5.07%
Consensus Rating Buy
Rating Score(0-5) 4
Research Coverage 16 Analysts

Profitability

EPS (Most Recent Fiscal Year) $3.37
Trailing P/E Ratio 16.54
PEG Ratio 9.05
P/E Growth 9.05
Net Income $1.38B
Net Margin 11.98%
Pretax Margin 15.47%
Return on Equity 20.07%
Return on Assets 3.91%

Financials Score

AltmanZ Score 0.99
Piotroski Score 6.00
Working Capital -14.65B
Total Assets 40.36B
Ebit 2.71B
Market Cap 24.6B
Total Liabilities 31.92B

Poll Results

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

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; 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 technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, 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 & Monoline Excess 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 based in Greenwich, Connecticut.

W. R. Berkley Corporation to Present at the 2024 Goldman Sachs U.S. Financial Services Conference

2024-11-25 16:15:00

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that W. Robert Berkley, Jr., its president and chief executive officer, will present at the 2024 Goldman Sachs U.S. Financial Services Conference. The presentation will take place on Wednesday, December 11, 2024 at 11:20 a.m. eastern time. The presentation will be webcast live on the Company's website at www.berkley.com. Please log on early to register. A replay of the webcast will be available on the Compa.

WR Berkley Margins Could Continue To Expand 'Well Into 2025', Says Bullish Analyst

2024-11-25 11:00:02

Shares of WR Berkley Corp WRB have gained more than 7% over the past month after the company reported in late October upbeat third-quarter earnings.

Why Is W.R. Berkley (WRB) Up 2.8% Since Last Earnings Report?

2024-11-20 12:31:14

W.R. Berkley (WRB) reported earnings 30 days ago. What's next for the stock?

W.R. Berkley Stock Rises 15.8% in 6 Months: Will the Rally Last?

2024-11-12 10:51:23

WRB stock soars on the back of higher premiums, lower claims frequency in certain lines of business, effective capital deployment and sufficient liquidity.

W. R. Berkley: Valuation Continues To Reflect Elevated Earnings

2024-11-12 00:13:08

Commercial insurer W. R. Berkley continues to enjoy a favorable operating environment, with underwriting profitability and investment income both still elevated. While the company has always reported solid underwriting results, the current backdrop is leading to cycle-high return on equity. Although earnings remain strong, the stock trades for over 2.7x book value. This valuation leaves little room for eventual earnings normalization.

Frequently Asked Questions

What is the current W. R. Berkley Corporation (WRB) stock price?

W. R. Berkley Corporation(NYSE:WRB) stock price is $64.55 in the last trading session. During the trading session, WRB stock reached the peak price of $65.49 while $45.746666 was the lowest point it dropped to. The percentage change in WRB stock occurred in the recent session was --0.6% while the dollar amount for the price change in WRB stock was -$-0.39.

WRB's industry and sector of operation?

The NYSE listed WRB is part of Insurance - Property & Casualty industry that operates in the broader Financial Services sector.

Who are the executives of WRB?

Mr. A. Scott Mansolillo | Senior Vice President & Chief Compliance Officer
Mr. Liberatore John Iannarone | Senior Vice President & General Counsel
Ms. Carol Josephine LaPunzina | Senior Vice President of Human Resources
Mr. Jonathan M. Levine | Vice President & Chief Marketing Officer
Ms. Karen A. Horvath | Vice President of External Financial Communications

How many employees does WRB have?

Number of WRB employees currently stands at 8329. WRB operates from 475 Steamboat Road, Greenwich, CT 06830, US.

Link for WRB official website?

Official Website of WRB is: https://www.berkley.com

How do I contact WRB?

WRB could be contacted at phone #203 629 3000 and can also be accessed through its website. WRB operates from 475 Steamboat Road, Greenwich, CT 06830, US.

How many shares of WRB are traded daily?

The average number of WRB shares traded daily for last 3 months was 1.83M.

What is the market cap of WRB currently?

The market value of WRB currently stands at $24.6B with its latest stock price at $64.55