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WRB

WR Berkley Corp

WRB

70.83USD-0.07 (-0.10%)Market Closed as of 08 Dec 2023, 09:45 am
Watchlist

Market Summary

USD70.83-0.07
Market Closedas of 08 Dec 2023, 09:45 am
-0.10%

WRB Alerts

  • Big jump in Earnings (Y/Y)

WRB Stock Price

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WRB RSI Chart

WRB Valuation

Market Cap

18.3B

Price/Earnings (Trailing)

13.39

Price/Sales (Trailing)

1.53

EV/EBITDA

8.89

Price/Free Cashflow

6.04

WRB Price/Sales (Trailing)

WRB Profitability

EBT Margin

13.74%

Return on Equity

18.32%

Return on Assets

3.57%

Free Cashflow Yield

16.55%

WRB Fundamentals

WRB Revenue

Revenue (TTM)

11.9B

Revenue Y/Y

11.24%

Revenue Q/Q

1.16%

WRB Earnings

Earnings (TTM)

1.4B

Earnings Y/Y

45.75%

Earnings Q/Q

-6.38%

Price Action

52 Week Range

55.5075.53
(Low)(High)

Last 7 days

-2.3%

Last 30 days

3.8%

Last 90 days

14.5%

Trailing 12 Months

-5.1%

How does WRB drawdown profile look like?

WRB Financial Health

WRB Investor Care

Dividend Yield

2%

Dividend/Share (TTM)

1.42

Buy Backs (1Y)

2.92%

Diluted EPS (TTM)

4.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202311.1B11.6B11.9B0
202210.2B10.4B10.7B11.2B
20218.4B8.8B9.2B9.5B
20207.8B7.7B7.8B8.1B
20197.7B7.8B7.9B7.9B
20187.7B7.8B7.7B7.7B
20177.7B7.7B7.7B7.7B
20167.3B7.3B7.5B7.7B
20157.2B7.2B7.2B7.2B
20146.6B6.8B7.0B7.1B
20136.0B6.1B6.3B6.4B
20125.3B5.4B5.6B5.8B
20114.8B4.9B5.0B5.2B
20104.6B4.6B4.7B4.7B
20094.6B4.6B4.5B4.4B
20080004.7B

Latest Insider Trading transactions for WRB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 15, 2023
welt philip s
sold (taxes)
-22,919
63.14
-363
evp & secretary
Aug 15, 2023
berkley william r
sold (taxes)
-215,749
63.14
-3,417
executive chairman
Aug 15, 2023
berkley william r jr
sold (taxes)
-237,280
63.14
-3,758
president and ceo
Aug 15, 2023
sgaglione lucille t
sold (taxes)
-37,378
63.14
-592
evp
Aug 15, 2023
welt philip s
acquired
-
-
7,951
evp & secretary
Aug 15, 2023
shiel james g
sold (taxes)
-37,947
63.14
-601
evp - investments
Aug 15, 2023
shiel james g
acquired
-
-
13,084
evp - investments
Aug 15, 2023
sgaglione lucille t
acquired
-
-
13,084
evp
Aug 15, 2023
berkley william r jr
acquired
-
-
89,507
president and ceo
Aug 15, 2023
berkley william r
acquired
-
-
89,507
executive chairman

1–10 of 50

Which funds bought or sold WRB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
26,797
26,797
0.01%
Dec 06, 2023
CITIGROUP INC
reduced
-55.05
-11,413,700
10,501,600
0.01%
Dec 06, 2023
Raleigh Capital Management Inc.
added
132
15,684
26,289
0.01%
Dec 04, 2023
Trust Co
unchanged
-
1,722
27,809
-%
Dec 01, 2023
PFS Partners, LLC
unchanged
-
1,822
29,429
0.03%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
reduced
-31.7
-138,746
384,986
0.01%
Nov 29, 2023
Alamar Capital Management, LLC
added
11.45
352,867
2,229,900
2.10%
Nov 27, 2023
BANQUE PICTET & CIE SA
added
8.92
161,453
1,164,030
0.01%
Nov 27, 2023
TRUST CO OF VERMONT
reduced
-3.21
27,431
891,527
0.06%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-36.79
-15,013,700
31,017,400
0.02%

1–10 of 49

Latest Funds Activity

Are funds buying WRB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WRB
No. of Funds

Schedule 13G FIlings of WR Berkley Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.57%
25,400,556
SC 13G/A
Feb 01, 2023
blackrock inc.
5.4%
14,366,687
SC 13G/A
Feb 10, 2022
morgan stanley
5.3%
9,317,556
SC 13G/A
Feb 01, 2022
blackrock inc.
5.4%
9,574,474
SC 13G/A
Dec 10, 2021
morgan stanley
5.5%
9,630,829
SC 13G/A
Feb 12, 2021
eaton vance management
6.06%
10,805,964
SC 13G/A
Feb 12, 2021
eaton vance management
6.06%
10,805,964
SC 13G/A
Feb 10, 2021
vanguard group inc
8.82%
15,723,551
SC 13G/A
Feb 01, 2021
blackrock inc.
5.4%
9,542,523
SC 13G/A
Feb 13, 2020
eaton vance management
5.80%
10,289,640
SC 13G/A

Recent SEC filings of WR Berkley Corp

View All Filings
Date Filed Form Type Document
Nov 14, 2023
13F-HR
Fund Holdings Report
Nov 03, 2023
S-3ASR
S-3ASR
Nov 03, 2023
10-Q
Quarterly Report
Oct 23, 2023
8-K
Current Report

WRB Fair Value

Loading...

Peers (Alternatives to WR Berkley Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
52.0B
9.7B
-1.22% 24.63%
45.73
5.38
13.81% 5.58%
49.3B
19.0B
1.26% 15.85%
10.79
2.59
-8.29% -10.06%
47.5B
49.4B
3.65% 6.68%
11.85
0.96
-13.81% -70.07%
41.5B
40.1B
7.01% -2.27%
19.02
1.04
10.52% -34.92%
28.9B
12.8B
-8.28% 30.24%
9.73
2.26
66.43% 139.35%
MID-CAP
9.7B
7.7B
3.71% -13.39%
11.22
1.26
11.70% -11.46%
9.2B
12.2B
-2.31% 3.80%
6.51
0.77
2.39% 4.64%
8.8B
10.8B
5.34% 30.64%
16.74
0.82
6.78% 60.32%
4.4B
2.4B
2.94% 41.87%
3.98
1.8
30.04% -43.02%
4.1B
14.8B
5.86% -28.38%
3.2
0.28
-26.79% 3.19%
SMALL-CAP
1.2B
1.2B
-12.21% -28.42%
-11.16
0.98
32.00% -553.83%
1.1B
1.5B
0.60% 15.65%
-5.62
0.73
-24.08% -3.53%
912.8M
306.5M
-6.65% -6.54%
14.33
2.98
4.48% 66.05%
677.4M
413.5M
20.11% -7.13%
3.47
1.64
22.34% -40.00%
39.2M
185.3M
11.63% -28.89%
12.62
0.21
-3.68% -1.30%

WR Berkley Corp News

Latest updates
InvestorsObserver07 Dec 202308:39 pm18 hours ago
InvestorsObserver01 Dec 202306:56 pm6 days ago
InvestorsObserver16 Nov 202308:00 am22 days ago
GuruFocus.com04 Nov 202307:00 am34 days ago
Yahoo Finance01 Nov 202307:00 am37 days ago
Yahoo Finance26 Oct 202307:00 am43 days ago
Morningstar24 Oct 202307:00 am45 days ago
Morningstar20 Jul 202307:00 am4 months ago
MarketWatch22 Nov 202208:00 am12 months ago
MarketWatch13 Apr 202207:00 am20 months ago
Yahoo Finance02 May 201907:00 am4 years ago
Income Investors21 Sep 201807:00 am5 years ago
MarketBeat16 Jun 201504:05 pm8 years ago

Financials for WR Berkley Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue1.2%3,0312,9962,8953,0142,7242,5132,9152,5782,4242,2962,1572,3122,0401,9361,8111,9761,9662,0231,9371,9521,938
Operating Expenses2.8%2,6112,5392,5192,5352,4382,2902,1832,2242,0921,9961,8611,9131,8331,8311,8171,8291,7631,7501,7081,7891,729
EBITDA Margin-100.0%-0.15*0.14*0.17*0.17*0.18*0.19*0.16*0.18*0.17*0.15*0.12*0.10*0.09*0.11*0.14*-----
Interest Expenses0.1%32.0032.0032.0032.0032.0032.0035.0037.0035.0038.0037.0036.0040.0038.0037.0033.0038.0041.0041.0041.0040.00
Income Taxes-14.7%87.0010180.0096.0056.0043.0013960.0065.0062.0064.0087.0054.0034.00-2.9427.0038.0056.0048.0026.0045.00
Earnings Before Taxes-8.1%420457376478286223732355332300296399206105-6.47147203274229163209
EBT Margin-100.0%-0.14*0.12*0.15*0.15*0.16*0.17*0.14*0.14*0.14*0.12*0.09*0.06*0.06*0.08*0.11*-----
Net Income-6.4%33435629438222917959129426123723031215271.00-4.42119165217181132162
Net Income Margin-100.0%-0.11*0.10*0.12*0.12*0.13*0.14*0.11*0.11*0.11*0.09*0.07*0.04*0.05*0.06*0.09*-----
Free Cashflow-100.0%-70944579576852847866082938525242149836994.00290-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets2.3%36,11135,30934,29633,81533,07732,69232,25132,08631,54430,29829,79128,60728,21227,32326,09026,66226,21926,48825,58524,89624,856
    Cash Equivalents-9.7%1,6461,8241,2421,4491,1311,3172,1151,5692,0691,7902,0152,3722,5712,4319651,0248131,258937818819
  Net PPE0.5%423421421423414415418420420429404406410414422422417399407416425
  Goodwill0%175175186186170170170170170170170170170170170170170173173173171
Liabilities2.8%29,18128,40027,33027,04726,70726,15625,36325,41924,88123,71023,36122,28122,17321,47820,55220,54420,11920,46819,78219,41619,377
Shareholder's Equity0.4%6,9166,8876,9446,7486,3466,5146,8656,6536,6486,5786,4156,3115,9955,8015,4936,0756,0565,9775,7605,4385,438
  Retained Earnings1.7%10,80110,62510,29710,1619,8059,6039,5839,0158,9208,6828,5578,3488,0587,9277,8777,9327,9717,8267,7217,5597,506
  Additional Paid-In Capital-1.2%1,0081,0211,0089989851,0019929811,0181,0351,0241,0121,0651,0761,0631,0561,0451,0581,0531,0401,058
Shares Outstanding0.2%258258263265266265265265265266266267267267270275276275275274275
Minority Interest-32.3%14.0021.0022.0020.0024.0022.0023.0015.0015.0010.0016.0015.0045.0044.0044.0043.0043.0043.0043.0042.0041.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations52.0%1,07770944579576852847866082938531148055742715334939232478.00278223
  Share Based Compensation-4.4%13.0013.0012.0013.0012.0013.0011.0010.0013.0011.0012.0012.0012.0014.0012.0011.0011.0013.0015.008.009.00
Cashflow From Investing-723.2%-1,235198-359-340-760-1,308519-948-638-206-1,195-245-52085531.00-232-25421.0042.00-187-310
Cashflow From Financing92.9%-22.85-320-295-137-1841.00-451-21698.00-404528-44999.00175-22186.00-575-22.87-0.98-99.12-22.67
  Dividend Payments-100.0%-28.0015953.00159-23.00200135-21.0021.0021.0021.0020.0017811218.00-15918.00
  Buy Backs-99.0%3.0029213588.007.00---93.00-30.0034.0013.0096.0020318.00---18.00-

WRB Income Statement

2023-09-30
Consolidated Statements Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES:    
Net premiums written$ 2,848,459$ 2,577,274$ 8,234,799$ 7,576,163
Change in net unearned premiums(206,545)(135,313)(548,726)(527,958)
Net premiums earned2,641,9142,441,9617,686,0737,048,205
Net investment income270,944202,816739,494547,902
Net realized and unrealized (losses) gains on investments(40,855)(66,282)50,403139,664
Change in allowance for expected credit losses on investments(1,571)(1,128)(11,164)(12,365)
Net investment (losses) gains(42,426)(67,410)39,239127,299
Revenues from non-insurance businesses137,116119,013375,225345,210
Insurance service fees22,96227,94081,29082,284
Other income128802351,797
Total revenues3,030,6382,724,4008,921,5568,152,697
OPERATING COSTS AND EXPENSES:    
Losses and loss expenses1,636,1931,564,5784,744,6024,339,646
Other operating costs and expenses808,669725,5372,457,9252,139,256
Expenses from non-insurance businesses133,939116,240370,244334,062
Interest expense31,88831,78095,58098,473
Total operating costs and expenses2,610,6892,438,1357,668,3516,911,437
Income before income taxes419,949286,2651,253,2051,241,260
Income tax expense(86,519)(55,791)(268,322)(238,290)
Net income before noncontrolling interests333,430230,474984,8831,002,970
Noncontrolling interests156(1,595)(863)(4,131)
Net income to common stockholders$ 333,586$ 228,879$ 984,020$ 998,839
NET INCOME PER SHARE:    
Basic (in dollar per share)$ 1.24$ 0.83$ 3.62$ 3.61
Diluted (in dollar per share)$ 1.23$ 0.82$ 3.59$ 3.57

WRB Balance Sheet

2023-09-30
Consolidated Balance Sheets Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments:  
Fixed maturity securities (amortized cost of $20,232,773 and $18,715,483; allowance for expected credit losses of $46,412 and $37,466 at September 30, 2023 and December 31, 2022, respectively)$ 19,035,305$ 17,587,349
Investment funds1,600,4951,608,548
Real estate1,270,5451,340,622
Equity securities1,182,0611,185,894
Arbitrage trading account825,049944,230
Loans receivable (net of allowance for expected credit losses of $4,009 and $1,791 at September 30, 2023 and December 31, 2022, respectively)177,750193,002
Total investments24,091,20522,859,645
Cash and cash equivalents1,646,0741,449,346
Premiums and fees receivable (net of allowance for expected credit losses of $33,602 and $30,660 at September 30, 2023 and December 31, 2022, respectively)3,104,6092,779,244
Due from reinsurers (net of allowance for expected credit losses of $9,443 and $8,064 at September 30, 2023 and December 31, 2022, respectively)3,426,1963,187,730
Deferred policy acquisition costs854,374763,486
Prepaid reinsurance premiums756,236696,468
Trading account receivables from brokers and clearing organizations401,982233,863
Property, furniture and equipment423,279423,232
Goodwill174,597185,509
Accrued investment income201,206166,784
Current and deferred federal and foreign income taxes291,363333,774
Other assets740,227736,022
Total assets36,111,34833,815,103
Liabilities:  
Reserves for losses and loss expenses18,273,31017,011,223
Unearned premiums5,899,7385,297,654
Due to reinsurers626,448523,131
Trading account securities sold but not yet purchased7,5380
Other liabilities1,537,4491,377,740
Senior notes and other debt1,828,0461,828,823
Subordinated debentures1,008,9101,008,371
Total liabilities29,181,43927,046,942
Equity:  
Perferred stock, par value $.10 per share: Authorized 5,000,000 shares; issued and outstanding - none00
Common stock, par value $.20 per share: Authorized 500,000,000 shares, issued and outstanding, net of treasury shares, 177,930,502 and 183,411,907 shares, respectively105,803105,803
Additional paid-in capital1,008,301997,534
Retained earnings10,800,69710,161,005
Accumulated other comprehensive loss(1,322,819)(1,264,581)
Treasury stock, at cost, 270,971,091 and 264,468,528 shares, respectively(3,676,403)(3,251,429)
Total stockholders’ equity6,915,5796,748,332
Noncontrolling interests14,33019,829
Total equity6,929,9096,768,161
Total liabilities and equity$ 36,111,348$ 33,815,103
WRB
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; casualty and 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 commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety 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 and property and crime 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.
 CEO
 WEBSITEwww.berkley.com
 EMPLOYEES8186

WR Berkley Corp Frequently Asked Questions


What is the ticker symbol for WR Berkley Corp? What does WRB stand for in stocks?

WRB is the stock ticker symbol of WR Berkley Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WR Berkley Corp (WRB)?

As of Thu Dec 07 2023, market cap of WR Berkley Corp is 18.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WRB stock?

You can check WRB's fair value in chart. The fair value of WR Berkley Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WR Berkley Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WRB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WR Berkley Corp a good stock to buy?

The fair value guage provides a quick view whether WRB is over valued or under valued. Whether WR Berkley Corp is cheap or expensive depends on the assumptions which impact WR Berkley Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WRB.

What is WR Berkley Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, WRB's PE ratio (Price to Earnings) is 13.39 and Price to Sales (PS) ratio is 1.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WRB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WR Berkley Corp's stock?

In the past 10 years, WR Berkley Corp has provided 0.16 (multiply by 100 for percentage) rate of return.