W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. More Details
Solid track record and fair value.
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: WRB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WRB's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: WRB underperformed the US Insurance industry which returned 33.3% over the past year.
Return vs Market: WRB underperformed the US Market which returned 34.7% over the past year.
Long-Term 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
1 month ago | Simply Wall StWhy You Might Be Interested In W. R. Berkley Corporation (NYSE:WRB) For Its Upcoming Dividend
1 month ago | Simply Wall StHere's Why We Think W. R. Berkley Corporation's (NYSE:WRB) CEO Compensation Looks Fair for the time being
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: WRB ($71.94) is trading below our estimate of fair value ($113.35)
Significantly Below Fair Value: WRB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WRB is poor value based on its PE Ratio (14.3x) compared to the US Insurance industry average (10.5x).
PE vs Market: WRB is good value based on its PE Ratio (14.3x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: WRB is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: WRB is overvalued based on its PB Ratio (2x) compared to the US Insurance industry average (1.2x).
How is W. R. Berkley forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WRB's forecast earnings growth (4.6% per year) is above the savings rate (2%).
Earnings vs Market: WRB's earnings (4.6% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: WRB's earnings are forecast to grow, but not significantly.
Revenue vs Market: WRB's revenue (3.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: WRB's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WRB's Return on Equity is forecast to be low in 3 years time (14.2%).
How has W. R. Berkley performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WRB has high quality earnings.
Growing Profit Margin: WRB's current net profit margins (10.6%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: WRB's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: WRB's earnings growth over the past year (164.9%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: WRB earnings growth over the past year (164.9%) exceeded the Insurance industry 70.4%.
Return on Equity
High ROE: WRB's Return on Equity (14.5%) is considered low.
How is W. R. Berkley's financial position?
Financial Position Analysis
Short Term Liabilities: WRB's short term assets ($8.5B) do not cover its short term liabilities ($18.9B).
Long Term Liabilities: WRB's short term assets ($8.5B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: WRB's debt to equity ratio (51.5%) is considered high.
Reducing Debt: WRB's debt to equity ratio has increased from 51.3% to 51.5% over the past 5 years.
Debt Coverage: WRB's debt is well covered by operating cash flow (53.6%).
Interest Coverage: WRB's interest payments on its debt are well covered by EBIT (9.3x coverage).
What is W. R. Berkley current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WRB's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: WRB's dividend (0.72%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: WRB's dividend payments have been volatile in the past 10 years.
Growing Dividend: WRB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.8%), WRB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WRB's dividends in 3 years are forecast to be thoroughly covered by earnings (14% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Berkley (48 yo)
Mr. William Robert Berkley Jr., also known as Rob, has been the President and Chief Executive Officer of W. R. Berkley Corporation since October 2015 and serves as its Director since 2001. Mr. Berkley serv...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD9.98M) is about average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Management: WRB's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: WRB's board of directors are seasoned and experienced ( 12.3 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.
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: WRB
- Exchange: NYSE
- Founded: 1967
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$12.773b
- Shares outstanding: 177.53m
- Website: https://www.berkley.com
Number of Employees
- W. R. Berkley Corporation
- 475 Steamboat Road
- United States
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Ex...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 22:56|
|End of Day Share Price||2021/08/04 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.