Zacks Research Forecasts Increased Earnings for W.R. Berkley

W.R. Berkley Corporation (NYSE:WRBFree Report) – Stock analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for shares of W.R. Berkley in a report issued on Thursday, August 27th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $1.07 for the quarter, up from their prior forecast of $1.03. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for W.R. Berkley’s Q3 2027 earnings at $0.98 EPS, FY2027 earnings at $4.58 EPS and Q2 2028 earnings at $1.20 EPS.

Other analysts also recently issued reports about the stock. Wolfe Research downgraded shares of W.R. Berkley from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. UBS Group reaffirmed a “neutral” rating and issued a $77.00 target price (up from $71.00) on shares of W.R. Berkley in a report on Monday, July 27th. Wells Fargo & Company reiterated an “underweight” rating and set a $68.00 price target (up from $67.00) on shares of W.R. Berkley in a report on Tuesday, July 21st. Evercore reissued an “underperform” rating and set a $68.00 price target on shares of W.R. Berkley in a research report on Friday, July 10th. Finally, Bank of America restated an “underperform” rating and issued a $68.00 price objective (down from $74.00) on shares of W.R. Berkley in a report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $70.94.

Read Our Latest Analysis on WRB

W.R. Berkley Price Performance

WRB opened at $67.64 on Monday. The stock has a 50-day moving average price of $71.19 and a 200-day moving average price of $68.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.37 and a quick ratio of 0.37. The firm has a market cap of $25.11 billion, a PE ratio of 13.89, a P/E/G ratio of 1.68 and a beta of 0.28. W.R. Berkley has a 1 year low of $62.87 and a 1 year high of $78.96.

W.R. Berkley (NYSE:WRBGet Free Report) last released its earnings results on Monday, July 20th. The insurance provider reported $1.27 EPS for the quarter, topping the consensus estimate of $1.08 by $0.19. W.R. Berkley had a return on equity of 19.44% and a net margin of 12.94%.The business had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mitsui Sumitomo Insurance Co. Ltd. purchased a new stake in W.R. Berkley during the 4th quarter valued at $3,542,919,000. California State Teachers Retirement System boosted its stake in shares of W.R. Berkley by 7,152.6% in the 2nd quarter. California State Teachers Retirement System now owns 22,454,989 shares of the insurance provider’s stock worth $1,583,750,000 after buying an additional 22,145,374 shares during the last quarter. Norges Bank bought a new stake in shares of W.R. Berkley in the fourth quarter worth $435,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of W.R. Berkley by 35,572.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,219,902 shares of the insurance provider’s stock worth $155,660,000 after acquiring an additional 2,213,679 shares during the period. Finally, Madison Asset Management LLC purchased a new stake in W.R. Berkley during the second quarter valued at $105,639,000. Institutional investors own 68.82% of the company’s stock.

W.R. Berkley Company Profile

(Get Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.

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Earnings History and Estimates for W.R. Berkley (NYSE:WRB)

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