W. R. Berkley (NYSE:WRB – Get Free Report) announced its quarterly earnings data on Monday. The insurance provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.01, Briefing.com reports. The company had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.93 billion. W. R. Berkley had a net margin of 12.05% and a return on equity of 21.34%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 EPS.
W. R. Berkley Trading Down 0.4 %
Shares of WRB opened at $61.03 on Tuesday. W. R. Berkley has a one year low of $41.82 and a one year high of $61.96. The stock has a 50-day moving average price of $58.24 and a 200 day moving average price of $55.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.38 and a current ratio of 0.38. The company has a market capitalization of $23.40 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.07 and a beta of 0.62.
W. R. Berkley Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 23rd were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, September 23rd. W. R. Berkley’s payout ratio is 8.51%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on W. R. Berkley
About W. R. Berkley
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.
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