W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally.
Adequate balance sheet average dividend payer.
Share Price & News
How has W. R. Berkley's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WR1 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WR1 underperformed the German Insurance industry which returned -8.8% over the past year.
Return vs Market: WR1 underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is W. R. Berkley's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is W. R. Berkley undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WR1 (€50.5) is trading below our estimate of fair value (€52.3)
Significantly Below Fair Value: WR1 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WR1 is poor value based on its PE Ratio (22x) compared to the Insurance industry average (10.4x).
PE vs Market: WR1 is poor value based on its PE Ratio (22x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: WR1 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: WR1 is overvalued based on its PB Ratio (1.9x) compared to the DE Insurance industry average (1x).
How is W. R. Berkley forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WR1's forecast earnings growth (25.6% per year) is above the savings rate (0.2%).
Earnings vs Market: WR1's earnings (25.6% per year) are forecast to grow faster than the German market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WR1's revenue (0.6% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: WR1's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WR1's Return on Equity is forecast to be low in 3 years time (10.2%).
How has W. R. Berkley performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WR1 has high quality earnings.
Growing Profit Margin: WR1's current net profit margins (6.4%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: WR1's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: WR1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WR1 had negative earnings growth (-24.2%) over the past year, making it difficult to compare to the Insurance industry average (10%).
Return on Equity
High ROE: WR1's Return on Equity (9%) is considered low.
How is W. R. Berkley's financial position?
Financial Position Analysis
Short Term Liabilities: WR1's short term assets ($6.8B) do not cover its short term liabilities ($17.0B).
Long Term Liabilities: WR1's short term assets ($6.8B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: WR1's debt to equity ratio (47.5%) is considered high.
Reducing Debt: WR1's debt to equity ratio has reduced from 53.1% to 47.5% over the past 5 years.
Debt Coverage: WR1's debt is well covered by operating cash flow (46.3%).
Interest Coverage: WR1's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is W. R. Berkley current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WR1's dividend (2.15%) is higher than the bottom 25% of dividend payers in the German market (1.26%).
High Dividend: WR1's dividend (2.15%) is low compared to the top 25% of dividend payers in the German market (3.83%).
Stability and Growth of Payments
Stable Dividend: WR1's dividend payments have been volatile in the past 10 years.
Growing Dividend: WR1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.9%), WR1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WR1's dividends in 3 years are forecast to be well covered by earnings (19.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Berkley (47yo)
Mr. William Robert Berkley Jr., also known as Rob, has been the President and Chief Executive Officer of W. R. Berkley Corporation since October 2015 and serves as its Director. Mr. Berkley served as Presi ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD11.02M) is above average for companies of similar size in the German market ($USD5.36M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||53.17yrs||US$11.29m||19.48% $1.7b|
|Executive VP||4.17yrs||US$1.99m||0.0059% $529.7k|
|Executive Vice President of Investments||5.08yrs||US$2.13m||0.090% $8.1m|
|Executive Vice President||10.17yrs||US$2.07m||0.0066% $588.9k|
|Vice President of External Financial Communications||5.5yrs||no data||no data|
|Executive VP||1.5yrs||no data||0.023% $2.1m|
|SVP & Chief Compliance Officer||8.25yrs||no data||no data|
|VP & Chief Marketing Officer||7yrs||no data||no data|
|Senior Vice President of Human Resources||10.83yrs||no data||no data|
Experienced Management: WR1's management team is seasoned and experienced (6.3 years average tenure).
|Executive Chairman of the Board||53.17yrs||US$11.29m||19.48% $1.7b|
|Independent Director||19.5yrs||US$300.54k||0.49% $44.2m|
|Independent Director||53.17yrs||US$291.54k||0.084% $7.5m|
|Independent Director||46.17yrs||US$340.54k||0.049% $4.4m|
|Independent Director||19.5yrs||US$299.04k||0.030% $2.7m|
|Independent Director||14.33yrs||US$335.54k||0.034% $3.0m|
|Chairman of Berkley Healthcare||0.67yr||no data||no data|
|Independent Director||8.17yrs||US$305.54k||0.021% $1.9m|
|Chairman of Berkley Luxury Group||0.42yr||no data||no data|
Experienced Board: WR1's board of directors are seasoned and experienced ( 19.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
W. R. Berkley Corporation's company bio, employee growth, exchange listings and data sources
- Name: W. R. Berkley Corporation
- Ticker: WR1
- Exchange: DB
- Founded: 1967
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$10.093b
- Listing Market Cap: US$8.977b
- Shares outstanding: 178.72m
- Website: https://www.berkley.com
Number of Employees
- W. R. Berkley Corporation
- 475 Steamboat Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WRB||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1973|
|WR1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1973|
|0HMZ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Oct 1973|
|WRB *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Oct 1973|
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. It also provides workers’ compensation, property casualty, general liability, professional liability, and excess and umbrella coverage insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for life sciences and travel industries; coverage for excess liability, construction wrap-ups, and completed operations; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is headquartered in Greenwich, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 21:24|
|End of Day Share Price||2020/07/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.