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
- $73.10
- Day Range
- $73.52–74.85
- 52-Week Range
- $62.87–78.96
- Bid/Ask
- $72.81 / $75.00
- Shares Outstanding
- 371.23M
- Market Cap
- $27.42B
- Volume/Avg
- 3M / 3M
Key Statistics
- Price/Earnings (Normalized)
- 15.62
- Price/Sales
- 1.96
- Dividend Yield (Trailing)
- 0.51%
- Dividend Yield (Forward)
- 0.54%
- Dividend Payment Schedule
- Mar, Jul, Sep, Dec
- Total Yield
- 2.83%
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) | 15.62 | 12.88 | 9.90 |
Price/Book Value | 2.86 | 1.24 | 1.06 |
Price/Sales | 1.96 | 1.45 | 1.67 |
Price/Cash Flow | 15.63 | 11.42 | 5.68 |
Price/Earnings
WRB
MKL
AIG
Financial Strength
|
Metric
|
WRB
|
MKL
|
AIG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 20.01 | 12.41 | 9.98 |
Quick Ratio
No chart available
Profitability
|
Metric
|
WRB
|
MKL
|
AIG
|
|---|---|---|---|
Return on Assets (Normalized) | — | 2.63% | 2.77% |
Return on Equity (Normalized) | — | 9.93% | 11.02% |
Return on Invested Capital (Normalized) | — | 8.56% | 8.99% |
Return on Assets
WRB
MKL
AIG
Insurance - Property & Casualty Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Chubb Ltd
CB
| LOCK|%<g^yw! | LOCK|?m>z | $139B | |||
| Progressive Corp
PGR
| LOCK|gmDT&#V< | LOCK|@RFB< | $134B | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| LOCK|y#&&@n | LOCK|s&b | $104B | |||
| Tokio Marine Holdings Inc
TKOMF
| — | LOCK|sp | $104B | |||
| The Travelers Companies Inc
TRV
| LOCK|?xTh%@ | LOCK|%HM> | $81B | |||
| Allstate Corp
ALL
| LOCK|K%m?sw | LOCK|@d! | $66B | |||
| MS&AD Insurance Group Holdings Inc
MSADF
| — | LOCK|X$ | $47B | |||
| MS&AD Insurance Group Holdings Inc ADR
MSADY
| — | LOCK|C<r | $47B | |||
| Markel Group Inc
MKL
| LOCK|ZLP$Fr | LOCK|R$ | $23B |
United States