Closing Figures Unveiled: W.R. Berkley Corp. (WRB) Drop -1.50, Closes at 52.29

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W.R. Berkley Corp. (NYSE: WRB) closed the day trading at $52.29 down -1.50% from the previous closing price of $53.09. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 1.92 million shares were traded. WRB stock price reached its highest trading level at $53.0 during the session, while it also had its lowest trading level at $51.84.

Ratios:

For a better understanding of WRB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 01, 2024, initiated with a Buy rating and assigned the stock a target price of $103.

On June 13, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $88 to $83.

Evercore ISI Downgraded its Outperform to In-line on January 09, 2024, whereas the target price for the stock was revised from $69 to $79.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WRB now has a Market Capitalization of 20052848640 and an Enterprise Value of 20821757952. As of this moment, W.R.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.92, and their Forward P/E ratio for the next fiscal year is 12.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 1.665.

Stock Price History:

The Beta on a monthly basis for WRB is 0.61, which has changed by 0.3309859 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, WRB has reached a high of $59.09, while it has fallen to a 52-week low of $37.73. The 50-Day Moving Average of the stock is -0.45%, while the 200-Day Moving Average is calculated to be 3.59%.

Shares Statistics:

Over the past 3-months, WRB traded about 1.75M shares per day on average, while over the past 10 days, WRB traded about 1637106 shares per day. A total of 384.81M shares are outstanding, with a floating share count of 301.23M. Insiders hold about 21.45% of the company’s shares, while institutions hold 70.70% stake in the company. Shares short for WRB as of 1719532800 were 10723957 with a Short Ratio of 13.75, compared to 1717113600 on 8849670. Therefore, it implies a Short% of Shares Outstanding of 10723957 and a Short% of Float of 3.55.

Dividends & Splits

WRB’s forward annual dividend rate is 0.30, up from 0.293 a year ago. Against a Trailing Annual Dividend Yield of 0.005519273The stock’s 5-year Average Dividend Yield is 0.63. The current Payout Ratio is 8.51% for WRB, which recently paid a dividend on 2024-06-24 with an ex-dividend date of 1719187200. Stock splits for the company last occurred on 2024-07-11 when the company split stock in a 3:2 ratio.

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