W.R. Berkley (NYSE:WRB – Get Free Report) had its price target upped by equities research analysts at Mizuho from $70.00 to $73.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the insurance provider’s stock. Mizuho’s price target would suggest a potential downside of 1.49% from the company’s current price.
Other research analysts have also issued reports about the company. Wells Fargo & Company restated an “underweight” rating on shares of W.R. Berkley in a research report on Tuesday. Wolfe Research downgraded W.R. Berkley from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Cantor Fitzgerald increased their target price on W.R. Berkley from $73.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, October 7th. Atlantic Securities set a $74.00 target price on W.R. Berkley in a research note on Wednesday, July 15th. Finally, Keefe, Bruyette & Woods restated 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 assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $70.44.
View Our Latest Analysis on W.R. Berkley
W.R. Berkley Price Performance
Shares of WRB stock opened at $74.10 on Tuesday. The firm’s 50 day moving average price is $69.84 and its two-hundred day moving average price is $69.12. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.37 and a current ratio of 0.37. W.R. Berkley has a 52-week low of $62.87 and a 52-week high of $78.96. The stock has a market cap of $27.51 billion, a PE ratio of 15.71, a PEG ratio of 1.79 and a beta of 0.27.
W.R. Berkley (NYSE:WRB – Get Free Report) last issued its earnings results on Monday, October 19th. The insurance provider reported $1.17 EPS for the quarter, beating the consensus estimate of $1.15 by $0.02. The company had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.82 billion. W.R. Berkley had a net margin of 12.94% and a return on equity of 19.44%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS. As a group, analysts forecast that W.R. Berkley will post 4.90 EPS for the current year.
Hedge Funds Weigh In On W.R. Berkley
Several institutional investors and hedge funds have recently made changes to their positions in WRB. Wedmont Private Capital lifted its position in shares of W.R. Berkley by 1.8% in the third quarter. Wedmont Private Capital now owns 10,146 shares of the insurance provider’s stock worth $731,000 after purchasing an additional 182 shares in the last quarter. Monument Capital Management boosted its holdings in W.R. Berkley by 32.6% during the third quarter. Monument Capital Management now owns 5,101 shares of the insurance provider’s stock worth $345,000 after purchasing an additional 1,253 shares during the last quarter. CX Institutional boosted its holdings in W.R. Berkley by 10.5% during the third quarter. CX Institutional now owns 4,552 shares of the insurance provider’s stock worth $307,000 after purchasing an additional 433 shares during the last quarter. QRG Capital Management Inc. grew its position in W.R. Berkley by 13.9% in the second quarter. QRG Capital Management Inc. now owns 43,570 shares of the insurance provider’s stock valued at $3,073,000 after purchasing an additional 5,316 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in W.R. Berkley by 2.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,467 shares of the insurance provider’s stock valued at $668,000 after purchasing an additional 243 shares in the last quarter. Institutional investors and hedge funds own 68.82% of the company’s stock.
W.R. Berkley News Roundup
Here are the key news stories impacting W.R. Berkley this week:
- Positive Sentiment: Adjusted quarterly earnings were approximately $1.17 per share, above the $1.14–$1.15 consensus range and up from $1.10 a year earlier. W.R. Berkley Tops Q3 Earnings Estimates
- Positive Sentiment: Insurance-segment pretax underwriting income increased 10.6% to $237.7 million, while the consolidated combined ratio remained favorable at 90.8%; ratios below 100% indicate underwriting profitability. WR Berkley Reports Stable Q3 Combined Ratio
- Positive Sentiment: Gross premiums written rose about 3% to $3.95 billion, net investment income increased to $383.5 million, and the company returned $728.6 million to shareholders year to date, including $435.1 million of share repurchases. W.R. Berkley Reports Third Quarter 2026 Results
- Neutral Sentiment: Management discussed the quarter’s results on the earnings call, with investors likely focused on premium growth, underwriting margins, investment income and capital deployment. W.R. Berkley Q3 2026 Earnings Call Transcript
- Negative Sentiment: Third-quarter revenue of $3.74 billion was below the $3.82 billion analyst estimate and declined roughly 0.8% year over year. Net premiums written totaled $3.27 billion, also missing expectations. W.R. Berkley Misses Q3 Sales Expectations
- Negative Sentiment: Net income fell to $446 million from $511 million a year earlier, while reported return on equity and operating return on equity missed analyst estimates. These weaker headline metrics helped drive the stock’s decline despite the earnings beat. W.R. Berkley Stock Dips After Q3 Results
W.R. Berkley Company Profile
W.R. Berkley Corporation is an insurance holding company that operates through a group of specialized insurance businesses. The company primarily provides commercial property and casualty insurance, serving businesses, organizations and other commercial customers with coverage tailored to specific industries and risks.
Its products and services include workers’ compensation, commercial automobile, property, general liability, professional liability, directors and officers liability, excess and surplus lines, and other specialty insurance products.
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