WRB Stock - W. R. Berkley Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $13.64B | $12.14B | $11.17B | $9.46B | $8.10B |
| Gross Profit | $3.12B | $2.72B | $2.44B | $2.02B | $1.35B |
| Gross Margin | 22.9% | 22.4% | 21.8% | 21.4% | 16.6% |
| Operating Income | $2.26B | $1.75B | $1.72B | $1.28B | $704.80M |
| Net Income | $1.76B | $1.38B | $1.38B | $1.02B | $530.67M |
| Net Margin | 12.9% | 11.4% | 12.4% | 10.8% | 6.6% |
| EPS | $4.39 | $3.40 | $3.33 | $2.46 | $1.26 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 16th 2025 | Mizuho | Initiation | Neutral | $67 |
| November 7th 2025 | UBS | Downgrade | Neutral | $87 |
| October 22nd 2025 | BMO Capital Markets | Downgrade | Underperform | $64 |
| September 16th 2025 | Wolfe Research | Initiation | Peer Perform | - |
| August 13th 2025 | Cantor Fitzgerald | Initiation | Overweight | $82 |
| June 27th 2025 | TD Cowen | Downgrade | Hold | $78 |
| May 22nd 2025 | Goldman | Downgrade | Neutral | $76 |
| April 9th 2025 | Wells Fargo | Downgrade | Equal Weight | $69 |
| April 1st 2025 | BofA Securities | Downgrade | Neutral | $74 |
| December 5th 2024 | Morgan Stanley | Initiation | Equal Weight | $65 |
| November 25th 2024 | Goldman | Upgrade | Buy | $69 |
| September 5th 2024 | Barclays | Initiation | Underweight | $56 |
| July 1st 2024 | TD Cowen | Initiation | Buy | $103 |
| June 13th 2024 | Goldman | Downgrade | Neutral | $83← $88 |
| January 9th 2024 | Evercore ISI | Downgrade | In-line | $79← $69 |
Earnings History & Surprises
WRBEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Jan 26, 2026 | $1.12 | — | — | — |
Q4 2025 | Oct 20, 2025 | $1.11 | $1.10 | -0.9% | ✗ MISS |
Q3 2025 | Jul 21, 2025 | $1.03 | $1.05 | +1.9% | ✓ BEAT |
Q2 2025 | Apr 21, 2025 | $0.98 | $1.01 | +2.5% | ✓ BEAT |
Q1 2025 | Jan 27, 2025 | $0.96 | $1.13 | +17.8% | ✓ BEAT |
Q4 2024 | Oct 21, 2024 | $0.92 | $0.93 | +1.1% | ✓ BEAT |
Q3 2024 | Jul 22, 2024 | $0.92 | $1.04 | +13.0% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $1.43 | $1.04 | -27.3% | ✗ MISS |
Q1 2024 | Jan 24, 2024 | $0.90 | $0.97 | +7.8% | ✓ BEAT |
Q4 2023 | Oct 23, 2023 | $0.76 | $0.90 | +18.4% | ✓ BEAT |
Q3 2023 | Jul 20, 2023 | $0.71 | $0.76 | +7.0% | ✓ BEAT |
Q2 2023 | Apr 20, 2023 | $0.79 | $0.67 | -15.2% | ✗ MISS |
Q1 2023 | Jan 26, 2023 | $0.71 | $0.77 | +8.5% | ✓ BEAT |
Q4 2022 | Oct 24, 2022 | $0.55 | $0.67 | +21.8% | ✓ BEAT |
Q3 2022 | Jul 21, 2022 | $0.56 | $0.75 | +33.9% | ✓ BEAT |
Q2 2022 | Apr 25, 2022 | $0.61 | $0.73 | +19.7% | ✓ BEAT |
Q1 2022 | Jan 27, 2022 | $0.54 | $0.68 | +25.9% | ✓ BEAT |
Q4 2021 | Oct 21, 2021 | $0.42 | $0.59 | +40.5% | ✓ BEAT |
Q3 2021 | Jul 22, 2021 | $0.43 | $0.52 | +20.9% | ✓ BEAT |
Latest News
Mizuho Initiates Coverage On WR Berkley with Neutral Rating, Announces Price Target of $67
➖ NeutralW. R. Berkley Announces Special Cash Dividend Of $1.00 Per Share To Be Paid On December 29,2025 To Stockholders Of Record At The Close Of Business On December 15, 2025
📈 PositiveMitsui Sumitomo Insurance Acquires At Least 12.5% Of W. R. Berkley Shares
📈 PositiveBMO Capital Downgrades WR Berkley to Underperform, Maintains Price Target to $64
📉 NegativeTruist Securities Maintains Buy on WR Berkley, Raises Price Target to $84
📈 PositiveWells Fargo Maintains Equal-Weight on WR Berkley, Lowers Price Target to $66
➖ NeutralJefferies Maintains Hold on WR Berkley, Lowers Price Target to $75
📉 NegativeWR Berkley Q3 Adj. EPS $1.10 Beats $1.09 Estimate, Sales $3.768B Beat $3.707B Estimate
📈 PositiveUBS Maintains Buy on WR Berkley, Raises Price Target to $87
📈 PositiveWells Fargo Maintains Equal-Weight on WR Berkley, Raises Price Target to $69
📈 PositiveWolfe Research Initiates Coverage On WR Berkley with Peer Perform Rating
➖ NeutralFrequently Asked Questions about WRB
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