W. R. Berkley Corporation (WRB)
NYSE: WRB · IEX Real-Time Price · USD
78.64
-0.53 (-0.67%)
Jul 5, 2024, 4:00 PM EDT - Market closed
W. R. Berkley Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for W. R. Berkley stock have an average target of 67.3, with a low estimate of 55.33 and a high estimate of 103. The average target predicts a decrease of -14.42% from the current stock price of 78.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for W. R. Berkley stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 2 | 3 |
Buy | 2 | 2 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 4 | 4 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 8 | 8 | 8 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
RBC Capital | RBC Capital | Hold Reiterates $86 | Hold | Reiterates | $86 | +9.36% | Jul 1, 2024 |
TD Cowen | TD Cowen | Strong Buy Initiates $103 | Strong Buy | Initiates | $103 | +30.98% | Jul 1, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $59 → $55 | Strong Buy → Hold | Downgrades | $59 → $55 | -29.64% | Jun 13, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $59 → $57 | Hold | Maintains | $59 → $57 | -27.10% | May 3, 2024 |
RBC Capital | RBC Capital | Hold Maintains $59 → $57 | Hold | Maintains | $59 → $57 | -27.10% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
13.72B
from 12.14B
Increased by 13.02%
Revenue Next Year
14.87B
from 13.72B
Increased by 8.37%
EPS This Year
6.03
from 5.05
Increased by 19.37%
EPS Next Year
6.53
from 6.03
Increased by 8.25%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.4B | 15.9B | 16.4B | 13.4B | 13.9B |
Avg | 13.7B | 14.9B | 15.7B | 12.8B | 13.4B |
Low | 13.0B | 13.9B | 15.3B | 12.5B | 13.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 18.5% | 15.8% | 10.0% | -15.2% | 8.1% |
Avg | 13.0% | 8.4% | 5.8% | -18.4% | 4.0% |
Low | 7.3% | 1.0% | 2.7% | -20.8% | 0.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.56 | 7.14 | 7.67 | 6.67 | 6.83 |
Avg | 6.03 | 6.53 | 7.09 | 6.41 | 6.57 |
Low | 5.54 | 5.93 | 6.75 | 6.22 | 6.37 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 30.0% | 18.4% | 17.5% | -5.9% | 6.4% |
Avg | 19.4% | 8.2% | 8.6% | -9.5% | 2.4% |
Low | 9.6% | -1.6% | 3.5% | -12.2% | -0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.