W.R. Berkley Earnings: Results Remain Strong Amid Industry Tailwinds
While returns moderated slightly sequentially, W.R. Berkley continues to churn out strong results amid a favorable industry environment.
WR Berkley Corp WRB
Bulls Say, Bears Say
Bulls
A decentralized operating structure allows Berkley to develop expertise in a number of profitable niche fields.
Bears
The company's reinsurance operations are a drag on overall results.
News
Trading Information
- Previous Close Price
- $72.38
- Day Range
- $71.83–72.36
- 52-Week Range
- $62.97–78.97
- Bid/Ask
- $72.05 / $72.10
- Shares Outstanding
- 371.23M
- Market Cap
- $26.76B
- Volume/Avg
- 404,964 / 3M
Key Statistics
- Price/Earnings (Normalized)
- 15.30
- Price/Sales
- 1.92
- Dividend Yield (Trailing)
- 0.53%
- Dividend Yield (Forward)
- 0.55%
- Dividend Payment Schedule
- Mar, Jul, Sep, Dec
- Total Yield
- 2.89%
Company Profile
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Stock Style Box
- Mid Value
- Total Number of Employees
- 8,804
- Website
- https://www.wrberkley.com
Competitors
Valuation
|
Metric
|
WRB
|
MKL
|
AIG
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.30 | 17.44 | 9.62 |
Price/Book Value | 2.80 | 1.21 | 1.03 |
Price/Sales | 1.92 | 1.40 | 1.63 |
Price/Cash Flow | 15.32 | 10.05 | 5.52 |
Price/Earnings
WRB
MKL
AIG
Financial Strength
|
Metric
|
WRB
|
MKL
|
AIG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 20.01 | 15.52 | 9.98 |
Quick Ratio
No chart available
Profitability
|
Metric
|
WRB
|
MKL
|
AIG
|
|---|---|---|---|
Return on Assets (Normalized) | — | 3.39% | 2.77% |
Return on Equity (Normalized) | — | 12.77% | 11.02% |
Return on Invested Capital (Normalized) | — | 10.78% | 8.99% |
Return on Assets
WRB
MKL
AIG
Insurance - Property & Casualty Industry Comparables
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United States