Analysts Offer Predictions for W.R. Berkley Q4 Earnings

W.R. Berkley Corporation (NYSE:WRB – Free Report) – Investment analysts at Zacks Research cut their Q4 2027 earnings estimates for shares of W.R. Berkley in a research report issued on Friday, September 25th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $1.24 per share for the quarter, down from their prior forecast of $1.25. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for W.R. Berkley’s Q1 2028 earnings at $1.43 EPS and FY2028 earnings at $4.98 EPS.

A number of other equities analysts have also issued reports on the company. Oppenheimer set a $70.00 target price on W.R. Berkley in a research report on Tuesday, July 21st. Wells Fargo & Company restated an “underweight” rating and issued a $68.00 price target (up from $67.00) on shares of W.R. Berkley in a research note on Tuesday, July 21st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $74.00 price target (up from $70.00) on shares of W.R. Berkley in a report on Thursday, July 9th. The Goldman Sachs Group upgraded shares of W.R. Berkley from a “neutral” rating to a “buy” rating and increased their price objective for the company from $71.00 to $73.00 in a research note on Monday, June 8th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating on shares of W.R. Berkley in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, W.R. Berkley presently has an average rating of “Reduce” and a consensus target price of $70.83.

View Our Latest Report on W.R. Berkley

W.R. Berkley Price Performance

Shares of NYSE WRB opened at $67.67 on Monday. W.R. Berkley has a fifty-two week low of $62.87 and a fifty-two week high of $78.96. The business has a 50 day moving average price of $70.38 and a two-hundred day moving average price of $68.62. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.29. The firm has a market cap of $25.12 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 1.66 and a beta of 0.28.

W.R. Berkley (NYSE:WRB – Get Free Report) last announced its earnings results on Monday, July 20th. The insurance provider reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.19. W.R. Berkley had a return on equity of 19.44% and a net margin of 12.94%.The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year.

Hedge Funds Weigh In On W.R. Berkley

Several institutional investors have recently made changes to their positions in WRB. Royal London Asset Management Ltd. raised its holdings in shares of W.R. Berkley by 1.0% during the fourth quarter. Royal London Asset Management Ltd. now owns 2,790,374 shares of the insurance provider’s stock valued at $195,661,000 after buying an additional 26,726 shares during the last quarter. Empowered Funds LLC increased its position in W.R. Berkley by 129.2% in the 1st quarter. Empowered Funds LLC now owns 25,841 shares of the insurance provider’s stock valued at $1,713,000 after acquiring an additional 14,568 shares during the period. Louisiana State Employees Retirement System acquired a new stake in W.R. Berkley in the 1st quarter valued at approximately $1,007,000. Cerity Partners LLC raised its stake in W.R. Berkley by 73.5% during the 4th quarter. Cerity Partners LLC now owns 747,731 shares of the insurance provider’s stock valued at $52,431,000 after acquiring an additional 316,842 shares in the last quarter. Finally, Entropy Technologies LP acquired a new position in W.R. Berkley during the 1st quarter worth $2,220,000. 68.82% of the stock is owned by institutional investors.

W.R. Berkley Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, September 21st. W.R. Berkley’s payout ratio is presently 8.21%.

W.R. Berkley Company Profile

(Get Free Report)

W.R. Berkley Corporation (NYSE: WRB) is an insurance holding company that operates through a group of property and casualty insurance businesses. The company provides commercial insurance and reinsurance products for businesses, organizations and other insurance companies, with an emphasis on specialty and complex risks.

Its offerings include commercial property and casualty coverage, excess and surplus lines, professional liability, workers’ compensation, commercial automobile insurance, marine insurance and other specialty products.

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

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