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
- $75.92
- Day Range
- $75.52–77.16
- 52-Week Range
- $62.87–79.26
- Bid/Ask
- $70.73 / $122.15
- Shares Outstanding
- 371.52M
- Market Cap
- $28.54B
- Volume/Avg
- 21 / 3M
Key Statistics
- Price/Earnings (Normalized)
- 15.82
- Price/Sales
- 2.04
- Dividend Yield (Trailing)
- 0.49%
- Dividend Yield (Forward)
- 0.52%
- Dividend Payment Schedule
- Mar, Jul, Sep, Dec
- Total Yield
- 2.71%
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 Core
- Total Number of Employees
- 8,804
- Website
- https://www.wrberkley.com
Competitors
Valuation
Metric | WRB | MKL | AIG |
|---|---|---|---|
Price/Earnings (Normalized) | 15.82 | 14.05 | 10.00 |
Price/Book Value | 2.97 | 1.31 | 1.10 |
Price/Sales | 2.04 | 1.53 | 1.60 |
Price/Cash Flow | 15.82 | 12.06 | 5.57 |
Price/Earnings
WRB
MKL
AIG
Financial Strength
Metric | WRB | MKL | AIG |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 19.45 | 12.41 | 10.93 |
Quick Ratio
No chart available
Profitability
Metric | WRB | MKL | AIG |
|---|---|---|---|
Return on Assets (Normalized) | 4.30% | 2.63% | 2.69% |
Return on Equity (Normalized) | 19.73% | 9.93% | 10.82% |
Return on Invested Capital (Normalized) | 16.04% | 8.56% | 8.78% |
Return on Assets
WRB
MKL
AIG
Insurance - Property & Casualty Industry Comparables
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| Allstate Corp ALL | LOCK|GlzVdS | LOCK|B^N | $65B | |||
| PICC Property and Casualty Co Ltd ADR PPCCY | — | LOCK|!P | $50B | |||
| MS&AD Insurance Group Holdings Inc ADR MSADY | — | LOCK|&Jx | $46B | |||
| Markel Group Inc MKL | LOCK|&wpjKz@ | LOCK|H%@ | $24B |
United States