W. R. Berkley (NYSE:WRB) is scheduled to release its earnings data after the market closes on Tuesday, April 23rd. Analysts expect W. R. Berkley to post earnings of $0.91 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

W. R. Berkley (NYSE:WRB) last issued its quarterly earnings results on Tuesday, January 29th. The insurance provider reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.10. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.86 billion. W. R. Berkley had a return on equity of 9.39% and a net margin of 8.33%. On average, analysts expect W. R. Berkley to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of WRB opened at $58.35 on Monday. The stock has a market cap of $10.68 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 2.54 and a beta of 0.75. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.51. W. R. Berkley has a 12-month low of $45.91 and a 12-month high of $58.78.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Thursday, March 14th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.69%. W. R. Berkley’s dividend payout ratio (DPR) is presently 14.98%.

A number of brokerages have recently issued reports on WRB. Zacks Investment Research downgraded W. R. Berkley from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th. Credit Suisse Group upgraded W. R. Berkley from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $51.67 to $58.67 in a research report on Wednesday, February 27th. Morgan Stanley dropped their price target on W. R. Berkley from $49.33 to $48.67 and set an “equal weight” rating for the company in a research report on Thursday, January 3rd. Finally, ValuEngine downgraded W. R. Berkley from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $52.93.

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W. R. Berkley Company Profile

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines.

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Earnings History for W. R. Berkley (NYSE:WRB)

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