W. R. Berkley (NYSE:WRB – Get Free Report) announced its quarterly earnings data on Tuesday. The insurance provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.46 by $0.10, Briefing.com reports. W. R. Berkley had a net margin of 11.38% and a return on equity of 19.03%. The business had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the previous year, the business earned $1.00 earnings per share. The company’s revenue was up 11.0% on a year-over-year basis.
W. R. Berkley Trading Down 5.2 %
WRB opened at $79.10 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.37 and a quick ratio of 0.37. W. R. Berkley has a fifty-two week low of $55.50 and a fifty-two week high of $89.18. The firm has a market capitalization of $20.29 billion, a PE ratio of 15.63, a P/E/G ratio of 1.56 and a beta of 0.57. The company’s 50-day moving average is $84.55 and its 200 day moving average is $76.20.
W. R. Berkley Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Monday, March 4th were issued a $0.11 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.56%. W. R. Berkley’s dividend payout ratio is presently 8.70%.
Wall Street Analyst Weigh In
W. R. Berkley Company Profile
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines.
Featured Stories
- Five stocks we like better than W. R. Berkley
- How to Invest in the Best Canadian Stocks
- GE Aerospace is Ready for Liftoff After Strong Earnings
- Insider Selling Explained: Can it Inform Your Investing Choices?
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- What is Forex and How Does it Work?
- 3 Technologies to Challenge NAND Flash Dominance in AI
Receive News & Ratings for W. R. Berkley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W. R. Berkley and related companies with MarketBeat.com's FREE daily email newsletter.