Closing Strong: W.R. Berkley Corp. (WRB) Ends at 57.62, Up 0.47 from Last Close

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After finishing at $57.35 in the prior trading day, W.R. Berkley Corp. (NYSE: WRB) closed at $57.62, up 0.47%. In other words, the price has increased by $0.47 from its previous closing price. On the day, 0.89 million shares were traded. WRB stock price reached its highest trading level at $57.71 during the session, while it also had its lowest trading level at $56.8495.

Ratios:

Our goal is to gain a better understanding of WRB by taking a closer 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 21927348224 and an Enterprise Value of 24287614976. As of this moment, W.R.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.13, and their Forward P/E ratio for the next fiscal year is 13.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 1.894.

Stock Price History:

Over the past 52 weeks, WRB has reached a high of $59.09, while it has fallen to a 52-week low of $39.41. The 50-Day Moving Average of the stock is 6.54%, while the 200-Day Moving Average is calculated to be 10.22%.

Shares Statistics:

The stock has traded on average 1.69M shares per day over the past 3-months and 1274060 shares per day over the last 10 days, according to various share statistics. A total of 384.82M shares are outstanding, with a floating share count of 298.42M. Insiders hold about 21.58% of the company’s shares, while institutions hold 72.29% stake in the company. Shares short for WRB as of 1722384000 were 8673295 with a Short Ratio of 5.13, compared to 1719532800 on 10723957. Therefore, it implies a Short% of Shares Outstanding of 8673295 and a Short% of Float of 2.9000001.

Dividends & Splits

In the trailing 12 months, WRB’s forward annual dividend rate was 0.3, compared to 0.45 this year. Against a Trailing Annual Dividend Yield of 0.0052310377The stock’s 5-year Average Dividend Yield is 0.63.

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