WRB - WR Berkley Corp Stock Price, Fair Value and News

80.97USD+0.26 (+0.32%)Market Closed

Market Summary

USD80.97+0.26

Market Closed

0.32%

WRB Stock Price

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WRB RSI Chart

WRB Valuation

Market Cap

20.7B

Price/Earnings (Trailing)

14.99

Price/Sales (Trailing)

1.7

EV/EBITDA

10.39

Price/Free Cashflow

7.07

WRB Price/Sales (Trailing)

WRB Profitability

EBT Margin

14.45%

Return on Equity

18.53%

Return on Assets

3.71%

Free Cashflow Yield

14.15%

WRB Fundamentals

WRB Revenue

Revenue (TTM)

12.1B

Rev. Growth (Yr)

6.89%

Rev. Growth (Qtr)

6.29%

WRB Earnings

Earnings (TTM)

1.4B

Earnings Growth (Yr)

3.95%

Earnings Growth (Qtr)

19.11%

Breaking Down WRB Revenue

Last 7 days

-3.9%

Last 30 days

-5.1%

Last 90 days

8.5%

Trailing 12 Months

28.2%

How does WRB drawdown profile look like?

WRB Financial Health

WRB Investor Care

Dividend Yield

2.39%

Dividend/Share (TTM)

1.93

Buy Backs (1Y)

2.62%

Diluted EPS (TTM)

5.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	11.1B	11.6B	11.9B	12.1B
2022	10.2B	10.4B	10.7B	11.2B
2021	8.4B	8.8B	9.2B	9.5B
2020	7.8B	7.7B	7.8B	8.1B
2019	7.7B	7.8B	7.9B	7.9B
2018	7.7B	7.8B	7.7B	7.7B
2017	7.7B	7.7B	7.7B	7.7B
2016	7.3B	7.3B	7.5B	7.7B
2015	7.2B	7.2B	7.2B	7.2B
2014	6.6B	6.8B	7.0B	7.1B
2013	6.0B	6.1B	6.3B	6.4B
2012	5.3B	5.4B	5.6B	5.8B
2011	4.8B	4.9B	5.0B	5.2B
2010	4.6B	4.6B	4.7B	4.7B
2009	0	4.6B	4.5B	4.4B
2008	0	0	0	4.7B

Get all data in R, Python etc through our Historical Stock Data APIs

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Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

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Tracking the Latest Insider Buys and Sells of WR Berkley Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold WRB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Clarius Group, LLC	new	-	220,216	220,216	0.01%
Apr 17, 2024	McElhenny Sheffield Capital Management, LLC	new	-	659,232	659,232	0.23%
Apr 17, 2024	HARTFORD INVESTMENT MANAGEMENT CO	reduced	-4.88	186,984	1,173,600	0.04%
Apr 17, 2024	PhiloSmith Capital Corp	unchanged	-	3,897,000	19,449,800	5.45%
Apr 17, 2024	Fiduciary Alliance LLC	reduced	-2.3	68,136	394,580	0.07%
Apr 17, 2024	GRIFFIN ASSET MANAGEMENT, INC.	unchanged	-	628,688	3,137,760	0.37%
Apr 17, 2024	VICUS CAPITAL	new	-	246,241	246,241	0.02%
Apr 17, 2024	Citadel Investment Advisory, Inc.	unchanged	-	107,000	536,000	0.30%
Apr 17, 2024	Iron Horse Wealth Management, LLC	reduced	-13.83	14,127	196,160	0.08%
Apr 17, 2024	MEANS INVESTMENT CO., INC.	added	139	4,969,340	7,456,570	0.96%

Are Funds Buying or Selling WRB?

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

Unveiling WR Berkley Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.40%	24,243,598	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	16,362,167	SC 13G/A
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
Dec 12, 2022	morgan stanley	3.9%	10,335,111	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

Recent SEC filings of WR Berkley Corp

View All Filings

Date Filed	Form Type	Document
Feb 23, 2024	10-K	Annual Report
Feb 14, 2024	13F-HR	Fund Holdings Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	SC 13G/A	Major Ownership Report
Jan 24, 2024	8-K	Current Report

Peers (Alternatives to WR Berkley Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.2B	-1.03%	3157.55%	-4.8K	765.85	-10.27%	-34.69%
AJG	50.0B	10.1B	-9.17%	11.52%	51.49	4.96	17.79%	-12.97%
AIG	49.4B	46.8B	-3.62%	38.41%	13.57	1.06	-14.05%	-64.38%
TRV	47.3B	42.9B	-6.89%	20.14%	15.07	1.1	13.52%	12.15%
AFL	46.3B	18.7B	-5.02%	19.97%	9.94	2.48	-2.30%	5.45%
ACGL	33.9B	13.6B	-0.83%	25.45%	7.63	2.49	41.83%	201.02%
AFG	10.4B	7.8B	-4.34%	1.10%	12.23	1.33	11.18%	-5.12%
MID-CAP
UNM	9.6B	12.4B	-3.39%	21.63%	7.48	0.78	3.35%	-8.77%
AIZ	8.8B	11.1B	-4.66%	45.05%	13.76	0.79	9.21%	132.28%
LNC	4.6B	11.6B	-1.18%	25.53%	-6.06	0.39	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.13%	46.23%	20.84	1.55	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-10.23%	2.92%	-17.62	1.3	24.25%	-115.79%
AMSF	930.9M	306.9M	-2.89%	-6.99%	14.99	3.03	4.11%	11.70%
AMBC	635.4M	269.0M	-3.56%	-7.68%	141.21	2.36	-46.68%	-99.14%
AAME	40.0M	186.8M	-25.75%	-16.03%	-233.85	0.21	-0.56%	-111.21%

WR Berkley Corp News

Latest updates

WR Berkley Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.3%	3,221	3,031	2,996	2,895	3,014	2,724	2,513	2,915	2,578	2,424	2,296	2,157	2,312	2,040	1,936	1,811	1,976	1,966	2,023	1,937	1,952
Operating Expenses	4.2%	2,720	2,611	2,539	2,519	2,535	2,438	2,290	2,183	2,224	2,092	1,996	1,861	1,913	1,833	1,831	1,817	1,829	1,763	1,750	1,708	1,789
EBITDA Margin	-2.3%	0.15*	0.16*	0.15*	0.14*	0.17*	0.17*	0.18*	0.19*	0.16*	0.18*	0.17*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	0.0%	32.00	32.00	32.00	32.00	32.00	32.00	32.00	35.00	37.00	35.00	38.00	37.00	36.00	40.00	38.00	37.00	33.00	38.00	41.00	41.00	41.00
Income Taxes	18.2%	102	87.00	101	80.00	96.00	56.00	43.00	139	60.00	65.00	62.00	64.00	87.00	54.00	34.00	-2.94	27.00	38.00	56.00	48.00	26.00
Earnings Before Taxes	19.3%	501	420	457	376	478	286	223	732	355	332	300	296	399	206	105	-6.47	147	203	274	229	163
EBT Margin	-0.4%	0.14*	0.15*	0.14*	0.12*	0.15*	0.15*	0.16*	0.17*	0.14*	0.14*	0.14*	-	-	-	-	-	-	-	-	-	-
Net Income	19.1%	397	334	356	294	382	229	179	591	294	261	237	230	312	152	71.00	-4.42	119	165	217	181	132
Net Income Margin	-0.6%	0.11*	0.11*	0.11*	0.10*	0.12*	0.12*	0.13*	0.14*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-35.1%	700	1,079	710	447	797	769	530	479	661	830	387	313	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.0%	37,202	36,111	35,309	34,296	33,861	33,077	32,692	32,251	32,086	31,544	30,298	29,791	28,607	28,212	27,323	26,090	26,662	26,219	26,488	25,585	24,896
Cash Equivalents	-17.2%	1,363	1,646	1,824	1,242	1,449	1,131	1,317	2,115	1,569	2,069	1,790	2,015	2,372	2,571	2,431	965	1,024	813	1,258	937	818
Net PPE	0.8%	427	423	421	421	423	414	415	418	420	420	429	404	406	410	414	422	422	417	399	407	416
Goodwill	0%	175	175	175	186	186	170	170	170	170	170	170	170	170	170	170	170	170	170	173	173	173
Liabilities	1.9%	29,733	29,181	28,400	27,330	27,093	26,707	26,156	25,363	25,419	24,881	23,710	23,361	22,281	22,173	21,478	20,552	20,544	20,119	20,468	19,782	19,416
Shareholder's Equity	7.8%	7,455	6,916	6,887	6,944	6,748	6,346	22.00	9,583	9,015	6,648	223	200	106	1,065	1,076	71.00	43.00	1,045	7,826	34.00	7,559
Retained Earnings	2.2%	11,041	10,801	10,625	10,297	10,161	9,805	9,603	9,583	9,015	8,920	8,682	8,557	8,348	8,058	7,927	7,877	7,932	7,971	7,826	7,721	7,559
Additional Paid-In Capital	0.9%	1,018	1,008	1,021	1,008	998	985	1,001	992	981	1,018	1,035	1,024	1,012	1,065	1,076	1,063	1,056	1,045	1,058	1,053	1,040
Shares Outstanding	-0.6%	257	258	258	263	265	266	265	265	265	265	266	-	-	-	-	-	-	-	-	-	-
Minority Interest	-3.7%	14.00	14.00	21.00	22.00	20.00	24.00	22.00	23.00	15.00	15.00	10.00	16.00	15.00	45.00	44.00	44.00	43.00	43.00	43.00	43.00	42.00
Float	-	-	-	12,126	-	-	-	14,340	-	-	-	10,893	-	-	-	8,078	-	-	-	9,618	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-35.2%	698	1,077	709	445	795	768	528	478	660	829	385	311	480	557	427	153	349	392	324	78.00	278
Share Based Compensation	3.9%	13.00	13.00	13.00	12.00	13.00	12.00	13.00	11.00	10.00	13.00	11.00	12.00	12.00	12.00	14.00	12.00	11.00	11.00	13.00	15.00	8.00
Cashflow From Investing	54.2%	-565	-1,235	198	-359	-340	-760	-1,308	519	-948	-638	-206	-1,195	-245	-520	855	31.00	-232	-254	21.00	42.00	-187
Cashflow From Financing	-1754.3%	-423	-22.85	-320	-295	-137	-184	1.00	-451	-216	98.00	-404	528	-449	99.00	175	-221	86.00	-575	-22.87	-0.98	-99.12
Dividend Payments	-	315	-	28.00	159	53.00	159	-	23.00	200	135	-	21.00	21.00	21.00	21.00	20.00	178	112	18.00	-	159
Buy Backs	3555.4%	107	3.00	292	135	88.00	7.00	-	-	-	93.00	-	30.00	34.00	13.00	96.00	203	18.00	-	-	-	18.00

WRB Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES:
Net premiums written	$ 10,954,467	$ 10,004,070	$ 8,862,867
Change in net unearned premiums	(553,780)	(442,641)	(756,836)
Net premiums earned	10,400,687	9,561,429	8,106,031
Net investment income	1,052,835	779,185	671,618
Net investment gains:
Unrealized investment gains (losses), before tax	47,540	217,311	106,958
Change in allowance for expected credit losses on investments	(498)	(14,914)	(16,326)
Net investment (losses) gains	47,042	202,397	90,632
Revenues from non-insurance businesses	535,508	509,548	489,151
Insurance service fees	106,485	110,544	93,857
Other income	381	3,396	4,177
Total revenues	12,142,938	11,166,499	9,455,466
OPERATING COSTS AND EXPENSES:
Losses and loss expenses	6,372,142	5,861,750	4,953,960
Other operating costs and expenses	3,363,936	2,961,505	2,599,270
Expenses from non-insurance businesses	524,998	493,189	472,151
Interest expense	127,459	130,374	147,180
Total operating costs and expenses	10,388,535	9,446,818	8,172,561
Pre-Tax Income (Loss)	1,754,403	1,719,681	1,282,905
Income tax expense	(370,557)	(334,727)	(251,890)
Net income before noncontrolling interests	1,383,846	1,384,954	1,031,015
Noncontrolling interests	(2,487)	(3,892)	(8,525)
Net income to common stockholders	$ 1,381,359	$ 1,381,062	$ 1,022,490
NET INCOME PER SHARE:
Basic (dollars per share)	$ 5.10	$ 4.99	$ 3.69
Diluted (dollars per share)	$ 5.05	$ 4.94	$ 3.66

WRB Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturity securities (amortized cost of $20,915,245 and $18,715,483; allowance for expected credit losses of $36,751 and $37,466 at December 31, 2023 and 2022)	$ 20,178,308	$ 17,587,349
Investment funds	1,621,655	1,608,548
Real estate	1,249,874	1,340,622
Arbitrage trading account	938,049	944,230
Equity securities	1,090,347	1,185,894
Loans receivable (net of allowance for expected credit losses of $3,004 and $1,791 at December 31, 2023 and 2022)	201,271	193,002
Total investments	25,279,504	22,859,645
Cash and cash equivalents	1,363,195	1,449,346
Premiums and fees receivable (net of allowance for expected credit losses of $35,110 and $30,660 at December 31, 2023 and 2022)	3,109,334	2,779,244
Due from reinsurers (net of allowance for expected credit losses of $8,404 and $8,064 at December 31, 2023 and 2022)	3,534,527	3,187,730
Deferred policy acquisition costs	861,609	763,486
Prepaid reinsurance premiums	758,927	696,468
Trading account receivable from brokers and clearing organizations	303,614	233,863
Property, furniture and equipment	426,803	423,232
Goodwill	174,597	185,509
Accrued investment income	213,408	166,784
Current federal and foreign income taxes	1,318	39,123
Deferred federal and foreign income taxes	309,623	340,647
Other assets	865,556	736,022
Total assets	37,202,015	33,861,099
Liabilities:
Reserves for losses and loss expenses	18,739,652	17,011,223
Unearned premiums	5,922,326	5,297,654
Due to reinsurers	631,164	523,131
Trading account securities sold but not yet purchased	9,357	0
Current federal and foreign income taxes	47,525	34,350
Deferred federal and foreign income taxes	42,660	11,646
Senior notes and other debt	1,827,951	1,828,823
Subordinated debentures	1,009,090	1,008,371
Other liabilities	1,503,053	1,377,740
Total liabilities	29,732,778	27,092,938
Equity:
Preferred stock, par value $.10 per share: Authorized 5,000,000 shares; issued and outstanding - none	0	0
Common stock, par value $.20 per share: Authorized 500,000,000 shares, issued and outstanding, net of treasury shares, 177,825,150 and 183,411,907 shares, respectively	105,803	105,803
Additional paid-in capital	1,017,691	997,534
Retained earnings	11,040,908	10,161,005
Accumulated other comprehensive loss	(925,838)	(1,264,581)
Treasury stock, at cost, 272,469,871 and 264,468,528 shares, respectively	(3,783,133)	(3,251,429)
Total common stockholders’ equity	7,455,431	6,748,332
Noncontrolling interests	13,806	19,829
Total equity	7,469,237	6,768,161
Total liabilities and equity	$ 37,202,015	$ 33,861,099

About WR Berkley Corp

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	Mr. William Robert Berkley Jr.
WEBSITE	berkley.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	8186

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 Wed Apr 17 2024, market cap of WR Berkley Corp is 20.7 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 for subscribers.

What is the fair value of WRB stock?

You can check WRB's fair value in chart for subscribers. 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 Wed Apr 17 2024, WRB's PE ratio (Price to Earnings) is 14.99 and Price to Sales (PS) ratio is 1.7. 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 0.181 (multiply by 100 for percentage) rate of return.