
W.R. Berkley Corporation (NYSE:WRB – Free Report) – Equities research analysts at DOWLING & PARTN raised their FY2026 EPS estimates for shares of W.R. Berkley in a report released on Tuesday, October 20th. DOWLING & PARTN analyst B. Sullivan now expects that the insurance provider will post earnings per share of $4.95 for the year, up from their prior forecast of $4.85. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.91 per share.
W.R. Berkley (NYSE:WRB – Get Free Report) last issued its quarterly earnings results on Monday, October 19th. The insurance provider reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.02. W.R. Berkley had a net margin of 12.53% and a return on equity of 19.63%. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same period in the previous year, the business earned $1.10 EPS. The company’s revenue was down .8% compared to the same quarter last year.
A number of other equities research analysts have also recently issued reports on WRB. UBS Group reaffirmed a “neutral” rating and issued a $77.00 target price (up from $71.00) on shares of W.R. Berkley in a report on Monday, July 27th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of W.R. Berkley in a report on Tuesday, July 21st. Cantor Fitzgerald raised their price objective on W.R. Berkley from $73.00 to $74.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. Evercore restated an “underperform” rating and issued a $68.00 price target on shares of W.R. Berkley in a research report on Friday, July 10th. Finally, Bank of America reiterated an “underperform” rating and set a $68.00 price target (down from $74.00) on shares of W.R. Berkley in a report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $70.61.
View Our Latest Stock Analysis on W.R. Berkley
W.R. Berkley Trading Up 1.7%
Shares of W.R. Berkley stock opened at $75.61 on Friday. W.R. Berkley has a 12-month low of $62.87 and a 12-month high of $78.96. The stock has a market cap of $28.07 billion, a P/E ratio of 15.27, a P/E/G ratio of 1.92 and a beta of 0.27. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $70.09 and its 200-day moving average is $69.30.
Hedge Funds Weigh In On W.R. Berkley
Several institutional investors have recently made changes to their positions in WRB. IFP Advisors Inc increased its holdings in shares of W.R. Berkley by 44.7% during the second quarter. IFP Advisors Inc now owns 466 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 144 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of W.R. Berkley by 4.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,774 shares of the insurance provider’s stock valued at $266,000 after acquiring an additional 161 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of W.R. Berkley by 1.8% in the 3rd quarter. Wedmont Private Capital now owns 10,146 shares of the insurance provider’s stock worth $731,000 after buying an additional 182 shares during the last quarter. Assenagon Asset Management S.A. grew its position in W.R. Berkley by 3.9% during the second quarter. Assenagon Asset Management S.A. now owns 4,962 shares of the insurance provider’s stock valued at $350,000 after acquiring an additional 184 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC increased its holdings in shares of W.R. Berkley by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 6,057 shares of the insurance provider’s stock worth $401,000 after buying an additional 206 shares during the period. Institutional investors and hedge funds own 68.82% of the company’s stock.
W.R. Berkley Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. W.R. Berkley’s dividend payout ratio (DPR) is 8.46%.
W.R. Berkley Company Profile
W.R. Berkley Corporation is an insurance holding company that operates through a group of specialized insurance businesses. The company primarily provides commercial property and casualty insurance, serving businesses, organizations and other commercial customers with coverage tailored to specific industries and risks.
Its products and services include workers’ compensation, commercial automobile, property, general liability, professional liability, directors and officers liability, excess and surplus lines, and other specialty insurance products.
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