W. R. Berkley Corporation (WRB)

NYSE: WRB · Real-Time Price · USD
60.94
+0.75 (1.25%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.25%
Market Cap 23.22B
Revenue (ttm) 13.19B
Net Income (ttm) 1.58B
Shares Out 381.07M
EPS (ttm) 3.90
PE Ratio 15.63
Forward PE 14.71
Dividend $0.07 (0.12%)
Ex-Dividend Date Sep 23, 2024
Volume 941,388
Open 60.52
Previous Close 60.19
Day's Range 59.97 - 61.13
52-Week Range 45.75 - 61.96
Beta 0.62
Analysts Buy
Price Target 66.91 (+9.8%)
Earnings Date Oct 21, 2024

About WRB

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; specialized insurance coverages for fine arts and jewelry ex... [Read more]

Sector Financials
Founded 1967
Employees 8,329
Stock Exchange NYSE
Ticker Symbol WRB
Full Company Profile

Financial Performance

In 2023, W. R. Berkley's revenue was $12.14 billion, an increase of 8.74% compared to the previous year's $11.17 billion. Earnings were $1.38 billion, an increase of 0.02%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for WRB stock is "Buy." The 12-month stock price forecast is $66.91, which is an increase of 9.80% from the latest price.

Price Target
$66.91
(9.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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 ...

9 days ago - Seeking Alpha

W.R. Berkley: Strong Results But A Premium Multiple

W.R. Berkley shares have gained 27% over the past year but recently declined 7% after Q3 results; I maintain a "hold" rating due to valuation. Q3 results showed solid performance despite higher catast...

15 days ago - Seeking Alpha

These Analysts Increase Their Forecasts On WR Berkley After Q3 Results

W. R. Berkley Corporation WRB reported better-than-expected earnings for its third quarter on Monday.

4 weeks ago - Benzinga

Dividend Aristocrats Of The Future - Part 1

A list of 10 companies well on their way to reaching dividend aristocrat status. These companies offer investors a variety of starting yields and span multiple sectors. The majority of these companies...

4 weeks ago - Seeking Alpha

W. R. Berkley Corporation (WRB) Q3 2024 Earnings Call Transcript

W. R. Berkley Corporation (NYSE:WRB) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Rob Berkley - President & CEO Rich Baio - EVP & CFO Bill Berkley - Executive Cha...

4 weeks ago - Seeking Alpha

W. R. Berkley Corporation Reports Third Quarter Results

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today reported its third quarter 2024 results. Summary Financial Data (Amounts in thousands, except per share data)     Third Q...

4 weeks ago - Business Wire

W. R. Berkley Corporation to Announce Third Quarter 2024 Earnings on October 21, 2024

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) will release its third quarter 2024 earnings after the market closes on Monday, October 21, 2024. A copy of the earnings releas...

7 weeks ago - Business Wire

W. R. Berkley Corporation Declares Special and Regular Quarterly Cash Dividends

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 25 cents per share to b...

2 months ago - Business Wire

The 'Magnificent Five' Of Dividend Growth (2019-2024)

I screened for the top-performing dividend growth companies of the past five years. Together, they easily outpaced the broader market on a total return basis. Comfort Systems emerges as the top overal...

Other symbols: FIXKLACMAMSFT
2 months ago - Seeking Alpha

W. R. Berkley Corporation Names Antonio Q. L. Rhodes President of Berkley Mid-Atlantic Insurance Group

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Antonio Q. L. Rhodes as president of Berkley Mid-Atlantic Insurance Group (“BMAG”), a Berkle...

2 months ago - Business Wire

W. R. Berkley: Stellar Performance, But Is It Overvalued?

W. R. Berkley has delivered an 87% return over the past three years, making it a standout performer in the Financial sector. Current valuation may be stretched, particularly given the likelihood of in...

3 months ago - Seeking Alpha

W. R. Berkley Corporation (WRB) Q2 2024 Earnings Call Transcript

W. R. Berkley Corporation (NYSE:WRB) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Rob Berkley - President & Chief Executive Officer Rich Baio - Executive Vice Presid...

4 months ago - Seeking Alpha

W R Berkley profit rises on boost from investments, underwriting

W R Berkley reported a rise of about 4% in second-quarter profit on Monday, helped by robust returns on the commercial insurer's investment portfolio and strong underwriting.

4 months ago - Reuters

W. R. Berkley Corporation Reports Second Quarter Results

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today reported its second quarter 2024 results. Summary Financial Data (Amounts in thousands, except per share data)     Second...

4 months ago - Business Wire

W. R. Berkley Corporation Names Lucas Prahl, Jr. President of Berkley Human Services

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Lucas Prahl, Jr. as president of Berkley Human Services, a Berkley company. He succeeds Roge...

5 months ago - Business Wire

W. R. Berkley Corporation to Announce Second Quarter 2024 Earnings on July 22, 2024

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) will release its second quarter 2024 earnings after the market closes on Monday, July 22, 2024. A copy of the earnings release ...

5 months ago - Business Wire

10 Upcoming Dividend Increases

I highlight ten companies with a history of raising dividends this week. The list will complete not only June, but the first half of 2024. Dividend King National Fuel Gas Company extends its streak wi...

5 months ago - Seeking Alpha

W. R. Berkley Corporation Declares Special Dividend, Increases Regular Quarterly Cash Dividend 9.1% and Announces 3-For-2 Stock Split

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to b...

5 months ago - Business Wire

AM Best Revises Issuer Credit Rating Outlook to Positive for Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and Long-Term Issue Ratings (Long-Term IRs)...

5 months ago - Business Wire

Monthly Options Series: Earn A Potentially Consistent 10% Income (June 2024)

We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Opti...

Other symbols: AAESAGCOAMATDHIEOGIMO
6 months ago - Seeking Alpha

W. R. Berkley Corporation (WRB) Q1 2024 Earnings Call Transcript

W. R. Berkley Corporation (NYSE:WRB) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants Rob Berkley - President and CEO Rich Baio - CFO Bill Berkley - Executive Chairman ...

7 months ago - Seeking Alpha

W. R. Berkley Corporation Reports First Quarter Results

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation Reports First Quarter 2024 Results.

7 months ago - Business Wire

W. R. Berkley Corporation Renames Union Standard Insurance Group to Berkley Southwest

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced that its Union Standard Insurance Group is changing its name to Berkley Southwest to better reflect the busines...

8 months ago - Business Wire

W. R. Berkley Corporation to Announce First Quarter 2024 Earnings on April 23, 2024

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) will release its first quarter 2024 earnings before the market opens on Tuesday, April 23, 2024. A copy of the earnings release...

8 months ago - Business Wire

W. R. Berkley Corporation Declares Regular Quarterly Cash Dividend

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 11 cents per ...

9 months ago - Business Wire