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Financial Services - Insurance - Property & Casualty - NYSE - US
$ 60.74
1.83 %
$ 23.1 B
Market Cap
15.57
P/E
1. INTRINSIC VALUE

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds.[ Read More ]

The intrinsic value of one WRB stock under the base case scenario is HIDDEN Compared to the current market price of 60.7 USD, W. R. Berkley Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WRB

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FINANCIALS
12.1 B REVENUE
8.25%
0 OPERATING INCOME
0.00%
1.38 B NET INCOME
0.02%
2.93 B OPERATING CASH FLOW
14.04%
-1.96 B INVESTING CASH FLOW
-3.73%
-1.06 B FINANCING CASH FLOW
-37.63%
3.4 B REVENUE
2.68%
474 M OPERATING INCOME
1976770.83%
366 M NET INCOME
-1.69%
1.29 B OPERATING CASH FLOW
58.40%
-1.11 B INVESTING CASH FLOW
-1167.40%
-154 M FINANCING CASH FLOW
59.35%
Balance Sheet Decomposition W. R. Berkley Corporation
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Current Assets 6.85 B
Cash & Short-Term Investments 1.36 B
Receivables 91.3 M
Other Current Assets 5.4 B
Non-Current Assets 26.1 B
Long-Term Investments 2.56 B
PP&E 603 M
Other Non-Current Assets 22.9 B
Current Liabilities 16 B
Accounts Payable 631 M
Short-Term Debt 0
Other Current Liabilities 15.3 B
Non-Current Liabilities 9.49 B
Long-Term Debt 2.84 B
Other Non-Current Liabilities 6.65 B
EFFICIENCY
Earnings Waterfall W. R. Berkley Corporation
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Revenue 12.1 B
Cost Of Revenue 3.36 B
Gross Profit 8.78 B
Operating Expenses 7.02 B
Operating Income 0
Other Expenses -1.38 B
Net Income 1.38 B
RATIOS
72.30% GROSS MARGIN
72.30%
0.00% OPERATING MARGIN
0.00%
11.38% NET MARGIN
11.38%
18.53% ROE
18.53%
4.20% ROA
4.20%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis W. R. Berkley Corporation
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Net Income 1.38 B
Depreciation & Amortization -20.9 M
Capital Expenditures -53.1 M
Stock-Based Compensation 51 M
Change in Working Capital 1.58 B
Others 1.52 B
Free Cash Flow 2.88 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets W. R. Berkley Corporation
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Wall Street analysts predict an average 1-year price target for WRB of $68.9 , with forecasts ranging from a low of $56 to a high of $89 .
WRB Lowest Price Target Wall Street Target
56 USD -7.80%
WRB Average Price Target Wall Street Target
68.9 USD 13.47%
WRB Highest Price Target Wall Street Target
89 USD 46.53%
4. DIVIDEND ANALYSIS
0.55% DIVIDEND YIELD
0.33 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership W. R. Berkley Corporation
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 years ago
Jul 05, 2022
Bought 406 USD
Talisman Jonathan
Director
+ 6
67.595 USD
2 years ago
Aug 01, 2022
Bought 88.7 K USD
BROCKBANK MARK ELLWOOD
Director
+ 1434
61.8495 USD
2 years ago
Jul 29, 2022
Bought 283 K USD
BROCKBANK MARK ELLWOOD
director:
+ 4566
62 USD
2 years ago
Dec 23, 2021
Sell 2.01 M USD
BROCKBANK MARK ELLWOOD
Director
- 25000
80.308 USD
5 years ago
Jun 20, 2019
Sell 5.13 M USD
BROCKBANK MARK ELLWOOD
Director
- 77000
66.606 USD
6 years ago
Jun 12, 2018
Sell 296 K USD
SHIEL JAMES G
EVP - Investments
- 3809
77.7157 USD
6 years ago
Jun 13, 2018
Sell 1.4 M USD
SHIEL JAMES G
EVP - Investments
- 18191
76.9009 USD
6 years ago
Feb 08, 2018
Sell 5.13 M USD
Berkley Capital, LLC
other: See Remarks
- 100000
51.2524 USD
6 years ago
Feb 09, 2018
Sell 670 K USD
Berkley Capital, LLC
other: See Remarks
- 13000
51.5215 USD
6 years ago
Feb 12, 2018
Sell 3.59 M USD
Berkley Capital, LLC
other: See Remarks
- 69100
51.8838 USD
6 years ago
Feb 12, 2018
Sell 8.75 M USD
Berkley Capital, LLC
other: See Remarks
- 165722
52.777 USD
6 years ago
Feb 12, 2018
Sell 117 K USD
Berkley Capital, LLC
other: See Remarks
- 2178
53.5261 USD
6 years ago
Jan 29, 2018
Sell 2.6 M USD
Berkley Capital, LLC
10 percent owner
- 49900
52.0097 USD
6 years ago
Nov 30, 2017
Sell 2.97 M USD
Berkley Capital, LLC
10 percent owner
- 56771
52.3294 USD
6 years ago
Nov 27, 2017
Sell 641 K USD
Berkley Capital, LLC
10 percent owner
- 12300
52.1416 USD
6 years ago
Nov 29, 2017
Sell 36.4 K USD
Berkley Capital, LLC
10 percent owner
- 700
52.045 USD
6 years ago
Nov 21, 2017
Sell 3 M USD
Berkley Capital, LLC
10 percent owner
- 58481
51.2468 USD
6 years ago
Nov 22, 2017
Sell 577 K USD
Berkley Capital, LLC
10 percent owner
- 11200
51.5361 USD
6 years ago
Nov 24, 2017
Sell 388 K USD
Berkley Capital, LLC
10 percent owner
- 7540
51.417 USD
7 years ago
Nov 15, 2017
Sell 35.7 K USD
Berkley Capital, LLC
10 percent owner
- 700
51.0543 USD
7 years ago
Nov 16, 2017
Sell 1.16 M USD
Berkley Capital, LLC
10 percent owner
- 22779
51.0854 USD
7 years ago
Nov 07, 2017
Sell 850 K USD
Berkley Capital, LLC
10 percent owner
- 15702
54.1093 USD
7 years ago
Nov 02, 2017
Sell 694 K USD
Berkley Capital, LLC
10 percent owner
- 13600
51.0218 USD
7 years ago
Nov 03, 2017
Sell 1.66 M USD
Berkley Capital, LLC
10 percent owner
- 32404
51.0905 USD
7 years ago
Nov 06, 2017
Sell 2.51 M USD
Berkley Capital, LLC
10 percent owner
- 48942
51.3196 USD
7 years ago
Nov 06, 2017
Sell 3.62 M USD
Berkley Capital, LLC
10 percent owner
- 69115
52.3637 USD
7 years ago
Nov 06, 2017
Sell 7.29 M USD
Berkley Capital, LLC
10 percent owner
- 136200
53.5025 USD
7 years ago
Nov 06, 2017
Sell 6.46 M USD
Berkley Capital, LLC
10 percent owner
- 119243
54.1402 USD
7 years ago
Oct 24, 2017
Sell 404 K USD
Berkley Capital, LLC
10 percent owner
- 7900
51.1115 USD
7 years ago
Oct 12, 2017
Sell 591 K USD
Berkley Capital, LLC
10 percent owner
- 11395
51.9085 USD
7 years ago
Oct 05, 2017
Sell 14.9 M USD
Berkley Capital, LLC
10 percent owner
- 286512
51.9624 USD
7 years ago
Oct 06, 2017
Sell 1.51 M USD
Berkley Capital, LLC
10 percent owner
- 29032
51.968 USD
7 years ago
Oct 09, 2017
Sell 57.1 K USD
Berkley Capital, LLC
10 percent owner
- 1100
51.9514 USD
11 years ago
Dec 31, 2012
Sell 296 K USD
LEDERMAN IRA S
SVP, General Counsel & Sec.
- 7911
37.37 USD
11 years ago
Dec 31, 2012
Sell 296 K USD
LEDERMAN IRA S
SVP, General Counsel & Sec.
- 7911
37.37 USD
11 years ago
Dec 17, 2012
Bought 2.5 M USD
PATAFIO CLEMENT P
VP - Corporate Controller
+ 63570
39.331 USD
11 years ago
Dec 17, 2012
Sell 2.49 M USD
PATAFIO CLEMENT P
VP - Corporate Controller
- 63570
39.1481 USD
12 years ago
Mar 19, 2012
Sell 740 K USD
LEDERMAN IRA S
SVP, General Counsel & Sec.
- 20660
35.8243 USD
12 years ago
Feb 02, 2012
Sell 623 K USD
PATAFIO CLEMENT P
VP - Corporate Controller
- 17162
36.2921 USD
12 years ago
Feb 02, 2012
Sell 1.55 M USD
BALLARD EUGENE G
Sr.V.P.- CFO
- 43000
36.0429 USD
13 years ago
Apr 27, 2011
Sell 176 K USD
BLAYLOCK RONALD E
Director
- 5500
32.01 USD
14 years ago
Nov 10, 2010
Sell 1.03 M USD
SHIEL JAMES G
SVP - Investments
- 37362
27.6935 USD
14 years ago
Nov 11, 2010
Sell 194 K USD
SHIEL JAMES G
SVP - Investments
- 7000
27.757 USD
14 years ago
Sep 28, 2010
Sell 53.9 K USD
BLAYLOCK RONALD E
Director
- 2000
26.9616 USD
14 years ago
Mar 08, 2010
Sell 366 K USD
PATAFIO CLEMENT P
VP - Corporate Controller
- 13725
26.6498 USD
7. News
W.R. Berkley Stock Rises 15.8% in 6 Months: Will the Rally Last? WRB stock soars on the back of higher premiums, lower claims frequency in certain lines of business, effective capital deployment and sufficient liquidity. zacks.com - 4 days ago
W. R. Berkley: Valuation Continues To Reflect Elevated Earnings Commercial insurer W. R. Berkley continues to enjoy a favorable operating environment, with underwriting profitability and investment income both still elevated. While the company has always reported solid underwriting results, the current backdrop is leading to cycle-high return on equity. Although earnings remain strong, the stock trades for over 2.7x book value. This valuation leaves little room for eventual earnings normalization. seekingalpha.com - 5 days ago
W.R. Berkley: Strong Results But A Premium Multiple W.R. Berkley shares have gained 27% over the past year but recently declined 7% after Q3 results; I maintain a "hold" rating due to valuation. Q3 results showed solid performance despite higher catastrophe losses, with net written premiums rising to $3.06 billion, driven by premium inflation. Elevated interest rates boosted net investment income by 19%, and WRB's conservative fixed income portfolio remains defensively positioned with an AA- average credit quality. seekingalpha.com - 1 week ago
These Analysts Increase Their Forecasts On WR Berkley After Q3 Results W. R. Berkley Corporation WRB reported better-than-expected earnings for its third quarter on Monday. benzinga.com - 3 weeks ago
W.R. Berkley's Q3 Earnings Surpass Estimates, Revenues Miss W.R. Berkley's Q3 earnings reflect continued strong underwriting and investment income. zacks.com - 3 weeks ago
Dividend Aristocrats Of The Future - Part 1 A list of 10 companies well on their way to reaching dividend aristocrat status. These companies offer investors a variety of starting yields and span multiple sectors. The majority of these companies have low payout ratios, which could lead to above-average future dividend growth. seekingalpha.com - 3 weeks ago
W. R. Berkley Corporation (WRB) Q3 2024 Earnings Call Transcript W. R. Berkley Corporation (NYSE:WRB ) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Rob Berkley - President & CEO Rich Baio - EVP & CFO Bill Berkley - Executive Chairman Conference Call Participants Elyse Greenspan - Wells Fargo Rob Cox - Goldman Sachs Andrew Kligerman - TD Cowen Mike Zaremski - BMO Capital Markets Mark Hughes - Truist Securities Josh Shanker - Bank of America David Motemaden - Evercore ISI Ryan Tunis - Autonomous Research Alex Scott - Barclays Brian Meredith - UBS Financial Operator Good day and welcome to W. R. Berkley Corporation's Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 weeks ago
Here's What Key Metrics Tell Us About W.R. Berkley (WRB) Q3 Earnings The headline numbers for W.R. Berkley (WRB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 weeks ago
W.R. Berkley (WRB) Q3 Earnings Top Estimates W.R. Berkley (WRB) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.90 per share a year ago. zacks.com - 3 weeks ago
W. R. Berkley Corporation Reports Third Quarter Results GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today reported its third quarter 2024 results. Summary Financial Data (Amounts in thousands, except per share data)     Third Quarter   Nine Months   2024   2023   2024   2023                 Gross premiums written $ 3,633,278     $ 3,353,205     $ 10,713,806     $ 9,739,296   Net premiums written   3,057,276       2,848,459       9,035,346       8,234,799                   Net income to common stockholders   365,634      . businesswire.com - 3 weeks ago
W.R. Berkley (WRB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Get a deeper insight into the potential performance of W.R. Berkley (WRB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 1 month ago
W.R. Berkley (WRB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release W.R. Berkley (WRB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
8. Profile Summary

W. R. Berkley Corporation WRB

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COUNTRY US
INDUSTRY Insurance - Property & Casualty
MARKET CAP $ 23.1 B
Dividend Yield 0.55%
Description W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.
Contact 475 Steamboat Road, Greenwich, CT, 06830 https://www.berkley.com
IPO Date Oct. 23, 1973
Employees 8329
Officers Ms. Carol Josephine LaPunzina Senior Vice President of Human Resources Mr. Jonathan M. Levine Vice President & Chief Marketing Officer Mr. A. Scott Mansolillo Senior Vice President & Chief Compliance Officer Mr. Liberatore John Iannarone Senior Vice President & General Counsel Ms. Karen A. Horvath Vice President of External Financial Communications Mr. William Robert Berkley Jr. President, Chief Executive Officer & Director Mr. William Robert Berkley Executive Chairman of the Board Mr. Richard Mark Baio Executive Vice President & Chief Financial Officer Mr. James Gerald Shiel Executive Vice President of Investments Ms. Lucille T. Sgaglione Executive Vice President