
W.R. Berkley Corporation (NYSE:WRB – Free Report) – Equities research analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of W.R. Berkley in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst B. Sullivan forecasts that the insurance provider will post earnings of $4.75 per share for the year. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.66 per share. DOWLING & PARTN also issued estimates for W.R. Berkley’s FY2027 earnings at $4.95 EPS.
Several other research firms also recently issued reports on WRB. Argus downgraded W.R. Berkley from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Bank of America dropped their price objective on W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. UBS Group set a $68.00 target price on W.R. Berkley and gave the stock a “neutral” rating in a research report on Monday, April 27th. BMO Capital Markets upgraded W.R. Berkley from an “underperform” rating to a “market perform” rating and lifted their target price for the stock from $64.00 to $68.00 in a research report on Thursday, April 23rd. Finally, Keefe, Bruyette & Woods decreased their target price on W.R. Berkley from $74.00 to $66.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Two research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $68.81.
W.R. Berkley Price Performance
WRB stock opened at $65.32 on Thursday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.29. W.R. Berkley has a 52-week low of $63.67 and a 52-week high of $78.96. The stock’s 50 day moving average is $66.51 and its two-hundred day moving average is $69.34. The company has a market capitalization of $24.32 billion, a PE ratio of 13.84, a P/E/G ratio of 3.19 and a beta of 0.33.
W.R. Berkley (NYSE:WRB – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The insurance provider reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.17. W.R. Berkley had a return on equity of 18.92% and a net margin of 12.64%.The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the business earned $1.01 EPS. W.R. Berkley’s revenue for the quarter was up 1.3% compared to the same quarter last year.
Insider Transactions at W.R. Berkley
In related news, major shareholder Sumitomo Insurance Co L. Mitsui acquired 147,000 shares of W.R. Berkley stock in a transaction that occurred on Friday, February 27th. The stock was acquired at an average price of $71.63 per share, for a total transaction of $10,529,610.00. Following the transaction, the insider directly owned 58,522,274 shares of the company’s stock, valued at $4,191,950,486.62. This trade represents a 0.25% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders purchased 405,176 shares of company stock worth $29,275,037. Insiders own 23.30% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC acquired a new position in W.R. Berkley during the 1st quarter valued at approximately $692,000. Western Wealth Management LLC acquired a new position in W.R. Berkley during the 1st quarter valued at approximately $177,000. Bank of America Corp DE boosted its position in W.R. Berkley by 23.4% during the 1st quarter. Bank of America Corp DE now owns 2,904,522 shares of the insurance provider’s stock worth $192,512,000 after acquiring an additional 550,560 shares during the period. Empire Financial Management Company LLC boosted its position in W.R. Berkley by 6.5% during the 1st quarter. Empire Financial Management Company LLC now owns 23,604 shares of the insurance provider’s stock worth $1,565,000 after acquiring an additional 1,446 shares during the period. Finally, Resources Management Corp CT ADV boosted its position in W.R. Berkley by 16.1% during the 1st quarter. Resources Management Corp CT ADV now owns 39,148 shares of the insurance provider’s stock worth $2,595,000 after acquiring an additional 5,426 shares during the period. Institutional investors and hedge funds own 68.82% of the company’s stock.
W.R. Berkley Company Profile
W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.
The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.
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