W. R. Berkley(WRB)

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W.R. Berkley Stock Rises 15.8% in 6 Months: Will the Rally Last?
ZACKS· 2024-11-12 15:51
Shares of W.R. Berkley (WRB) have gained 15.8% in the past six months compared with the industry's growth of 12.5%. The Finance sector and the Zacks S&P 500 index have returned 7.9% and 14.7%, respectively, in the said time frame. With a market capitalization of $23.02 billion, the average volume of shares traded in the last three months was 1.77 million. Currently priced at $60.42, the stock is a little below its 52-week high of $61.96.WRB Outperforms Industry, Sector, S&P 500 in 3 MonthsImage Source: Zack ...
W. R. Berkley: Valuation Continues To Reflect Elevated Earnings
Seeking Alpha· 2024-11-12 05:13
W. R. Berkley (NYSE: WRB ) has been on a fine run this year, aided by favorable market conditions and, most recently, the post-election rally in financial stocks. I first covered this non-life commercial insurer back inI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK I ...
W.R. Berkley: Strong Results But A Premium Multiple
Seeking Alpha· 2024-11-05 15:17
Shares of W. R. Berkley (NYSE: WRB ) have been a solid performer over the past year, gaining about 27%. However, shares have declined about 7% from their recent high after reporting in-line Q3 results, as its elevated valuation left limited room for error. I last coveredOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question ...
W. R. Berkley(WRB) - 2024 Q3 - Quarterly Report
2024-11-04 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the Transition Period from to . | --- | --- | --- | --- | |----------------------------------------------------------------------------|---------------------------|----------------- ...
These Analysts Increase Their Forecasts On WR Berkley After Q3 Results
Benzinga· 2024-10-22 18:34
W. R. Berkley Corporation WRB reported better-than-expected earnings for its third quarter on Monday.The company posted quarterly earnings of 93 cents per share which beat the analyst consensus estimate of 92 cents per share. The company reported quarterly sales of $3.400 billion which missed the analyst consensus estimate of $3.444 billion.WR Berkley shares fell 4.7% to trade at $58.14 on Tuesday.These analysts made changes to their price targets on WR Berkley following earnings announcement.Evercore ISI G ...
W.R. Berkley's Q3 Earnings Surpass Estimates, Revenues Miss
ZACKS· 2024-10-22 17:20
W.R. Berkley Corporation’s (WRB) third-quarter 2024 operating income of 93 cents per share beat the Zacks Consensus Estimate by 1.1%. The bottom line improved 3.3% year over year.The insurer benefited from continued strong underwriting and investment income.Behind the HeadlinesW.R. Berkley’s net premiums written were a record $3.1 billion, up 7.3% year over year. Our estimate was also $3.1 billion.Operating revenues came in at $3.4 billion, up 10.9% year over year, on the back of higher net premiums earned ...
W. R. Berkley(WRB) - 2024 Q3 - Earnings Call Transcript
2024-10-21 23:59
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 Mered ...
Here's What Key Metrics Tell Us About W.R. Berkley (WRB) Q3 Earnings
ZACKS· 2024-10-21 23:01
For the quarter ended September 2024, W.R. Berkley (WRB) reported revenue of $3.41 billion, up 10.9% over the same period last year. EPS came in at $0.93, compared to $0.90 in the year-ago quarter.The reported revenue represents a surprise of -0.84% over the Zacks Consensus Estimate of $3.44 billion. With the consensus EPS estimate being $0.92, the EPS surprise was +1.09%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...
W.R. Berkley (WRB) Q3 Earnings Top Estimates
ZACKS· 2024-10-21 22:21
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.09%. A quarter ago, it was expected that this insurance company would post earnings of $0.92 per share when it actually produced earnings of $1.04, delivering a surprise of 13.04%.Over the last four quarters, the com ...
W. R. Berkley(WRB) - 2024 Q3 - Quarterly Results
2024-10-21 20:11
W. R. Berkley Corporation 475 Steamboat Road Greenwich, Connecticut 06830 (203) 629-3000 NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Karen A. Horvath Vice President - External Financial Communications (203) 629-3000 W. R. Berkley Corporation Reports Third Quarter Results Return on Equity of 19.6% and Operating Return on Equity of 20.0%; Record Third Quarter Net Income Increased to $366 Million Greenwich, CT, October 21, 2024 - W. R. Berkley Corporation (NYSE: WRB) today reported its third quarter 2024 resul ...