Q2 EPS Estimates for W.R. Berkley Lowered by Zacks Research

W.R. Berkley Corporation (NYSE:WRBFree Report) – Investment analysts at Zacks Research reduced their Q2 2026 EPS estimates for W.R. Berkley in a research report issued to clients and investors on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $1.05 for the quarter, down from their prior forecast of $1.08. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.64 per share. Zacks Research also issued estimates for W.R. Berkley’s FY2026 earnings at $4.63 EPS, Q2 2027 earnings at $1.04 EPS, Q3 2027 earnings at $1.12 EPS, Q4 2027 earnings at $1.35 EPS and FY2028 earnings at $5.03 EPS.

W.R. Berkley (NYSE:WRBGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The insurance provider reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.17. The firm had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.18 billion. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 EPS.

A number of other research firms also recently weighed in on WRB. Barclays raised their price target on W.R. Berkley from $62.00 to $64.00 and gave the company an “underweight” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company reduced their price objective on W.R. Berkley from $66.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Morgan Stanley decreased their price objective on W.R. Berkley from $73.00 to $72.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Jefferies Financial Group cut their target price on W.R. Berkley from $75.00 to $70.00 and set a “hold” rating for the company in a research note on Tuesday, January 27th. Finally, UBS Group set a $68.00 price target on shares of W.R. Berkley and gave the company a “neutral” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $68.81.

Get Our Latest Analysis on WRB

W.R. Berkley Stock Performance

NYSE WRB opened at $66.52 on Wednesday. W.R. Berkley has a 52-week low of $63.67 and a 52-week high of $78.96. The company has a fifty day moving average of $67.05 and a 200-day moving average of $69.83. The company has a market capitalization of $24.76 billion, a P/E ratio of 14.09, a P/E/G ratio of 3.16 and a beta of 0.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.36 and a current ratio of 0.36.

W.R. Berkley Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, February 23rd. W.R. Berkley’s payout ratio is 7.63%.

Insiders Place Their Bets

In related news, major shareholder Sumitomo Insurance Co L. Mitsui purchased 112,176 shares of W.R. Berkley stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average cost of $72.20 per share, for a total transaction of $8,099,107.20. Following the transaction, the insider directly owned 58,780,450 shares in the company, valued at $4,243,948,490. The trade was a 0.19% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders bought 2,203,798 shares of company stock worth $156,970,121. Corporate insiders own 23.00% of the company’s stock.

Institutional Trading of W.R. Berkley

A number of institutional investors have recently made changes to their positions in the stock. Compass Financial Services Inc purchased a new stake in shares of W.R. Berkley during the third quarter worth about $26,000. Entrust Financial LLC bought a new position in shares of W.R. Berkley in the 4th quarter worth about $25,000. Hazlett Burt & Watson Inc. grew its stake in shares of W.R. Berkley by 140.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the insurance provider’s stock worth $26,000 after buying an additional 210 shares during the last quarter. DV Equities LLC bought a new position in W.R. Berkley during the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management bought a new position in W.R. Berkley during the 3rd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 68.82% of the company’s stock.

W.R. Berkley Company Profile

(Get Free Report)

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.

Recommended Stories

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

Receive News & Ratings for W.R. Berkley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.R. Berkley and related companies with MarketBeat.com's FREE daily email newsletter.