Zacks Research Raises Earnings Estimates for W.R. Berkley

W.R. Berkley Corporation (NYSE:WRB) – Zacks Research boosted their Q3 2026 earnings estimates for shares of W.R. Berkley in a report released on Thursday, August 27th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $1.07 for the quarter, up from their prior estimate of $1.03. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.85 per share. Zacks Research also issued estimates for W.R. Berkley’s Q3 2027 earnings at $0.98 EPS, FY2027 earnings at $4.58 EPS and Q2 2028 earnings at $1.20 EPS.

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

Several other analysts also recently weighed in on the company. Wolfe Research downgraded W.R. Berkley from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Bank of America reaffirmed an “underperform” rating and issued a $68.00 price target (down from $74.00) on shares of W.R. Berkley in a research report on Thursday, July 16th. The Goldman Sachs Group raised 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 report on Monday, June 8th. Oppenheimer set a $70.00 price objective on shares of W.R. Berkley in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $68.00 target price (up from $67.00) on shares of W.R. Berkley in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $70.94.

W.R. Berkley Trading Down 1.2%

Shares of NYSE:WRB opened at $67.60 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $25.10 billion, a PE ratio of 13.88, a P/E/G ratio of 3.12 and a beta of 0.29. W.R. Berkley has a 1 year low of $62.87 and a 1 year high of $78.96. The firm has a fifty day moving average price of $71.22 and a 200 day moving average price of $68.85.

Institutional Trading of W.R. Berkley

Institutional investors have recently modified their holdings of the company. Entrust Financial LLC acquired a new position in shares of W.R. Berkley in the fourth quarter valued at $25,000. Hazlett Burt & Watson Inc. boosted its stake in W.R. Berkley by 140.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the insurance provider’s stock worth $26,000 after buying an additional 210 shares in the last quarter. Allied Private Wealth LLC bought a new stake in W.R. Berkley in the 2nd quarter valued at $29,000. DV Equities LLC bought a new stake in W.R. Berkley in the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new position in shares of W.R. Berkley in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 68.82% of the company’s stock.

W.R. Berkley Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 23rd were issued a $0.10 dividend. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.40 annualized dividend and a yield of 0.6%. W.R. Berkley’s payout ratio is currently 8.21%.

W.R. Berkley Company Profile

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.