Q4 EPS Estimates for W. R. Berkley Cut by Zacks Research

W. R. Berkley Co. (NYSE:WRB) – Stock analysts at Zacks Research dropped their Q4 2024 EPS estimates for shares of W. R. Berkley in a research note issued on Monday, November 11th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings per share of $0.93 for the quarter, down from their prior estimate of $0.97. The consensus estimate for W. R. Berkley’s current full-year earnings is $3.96 per share. Zacks Research also issued estimates for W. R. Berkley’s Q2 2025 earnings at $1.05 EPS, FY2025 earnings at $4.28 EPS, Q1 2026 earnings at $1.12 EPS and Q2 2026 earnings at $1.18 EPS.

Several other research analysts have also recently weighed in on the company. Keefe, Bruyette & Woods lowered their target price on W. R. Berkley from $59.00 to $58.00 and set a “market perform” rating on the stock in a report on Tuesday, October 22nd. Evercore ISI upped their target price on W. R. Berkley from $57.00 to $60.00 and gave the company an “in-line” rating in a report on Tuesday, October 22nd. Barclays assumed coverage on W. R. Berkley in a report on Wednesday, September 4th. They set an “underweight” rating and a $56.00 price target on the stock. Bank of America upped their price objective on W. R. Berkley from $73.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, UBS Group lifted their target price on W. R. Berkley from $67.00 to $69.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $63.08.

W. R. Berkley Stock Down 0.0 %

Shares of NYSE WRB opened at $60.40 on Wednesday. The stock has a market cap of $23.02 billion, a PE ratio of 15.47, a P/E/G ratio of 1.20 and a beta of 0.62. The company has a current ratio of 0.36, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. W. R. Berkley has a 12-month low of $45.30 and a 12-month high of $61.96. The company has a 50-day moving average of $58.42 and a 200 day moving average of $55.96.

W. R. Berkley (NYSE:WRB) last posted its quarterly earnings data on Monday, October 21st. The insurance provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.92 by $0.01. The firm had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.93 billion. W. R. Berkley had a return on equity of 20.41% and a net margin of 11.96%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 EPS.

Institutional Trading of W. R. Berkley

A number of large investors have recently made changes to their positions in WRB. Quantbot Technologies LP purchased a new stake in shares of W. R. Berkley during the 1st quarter worth $595,000. Oppenheimer & Co. Inc. acquired a new position in shares of W. R. Berkley during the 1st quarter worth about $201,000. Sei Investments Co. increased its holdings in shares of W. R. Berkley by 59.6% in the 1st quarter. Sei Investments Co. now owns 194,364 shares of the insurance provider’s stock valued at $17,190,000 after acquiring an additional 72,574 shares during the last quarter. Meeder Advisory Services Inc. acquired a new stake in shares of W. R. Berkley during the 1st quarter worth about $201,000. Finally, Headlands Technologies LLC purchased a new stake in W. R. Berkley during the first quarter worth approximately $108,000. 68.82% of the stock is currently owned by hedge funds and other institutional investors.

W. R. Berkley Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were issued a $0.08 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.53%. W. R. Berkley’s dividend payout ratio (DPR) is presently 8.20%.

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.