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In the latest session, W.R. Berkley Corp (NYSE: WRB) closed at $56.93 down -3.59% from its previous closing price of $59.05. In other words, the price has decreased by -$3.59 from its previous closing price. On the day, 2.64 million shares were traded. WRB stock price reached its highest trading level at $58.79 during the session, while it also had its lowest trading level at $56.88.
Ratios:
For a deeper understanding of W.R. Berkley Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
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, Morgan Stanley on December 05, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $65.
On November 25, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $69.
On September 05, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $56.Barclays initiated its Underweight rating on September 05, 2024, with a $56 target price.
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 21694257152 and an Enterprise Value of 22375430144. As of this moment, W.R.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.60, and their Forward P/E ratio for the next fiscal year is 13.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 1.696.
Stock Price History:
The Beta on a monthly basis for WRB is 0.67, which has changed by 0.08721006 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, WRB has reached a high of $64.95, while it has fallen to a 52-week low of $49.78. The 50-Day Moving Average of the stock is -5.02%, while the 200-Day Moving Average is calculated to be 1.65%.
Shares Statistics:
For the past three months, WRB has traded an average of 1.57M shares per day and 2341350 over the past ten days. A total of 381.19M shares are outstanding, with a floating share count of 291.17M. Insiders hold about 23.59% of the company’s shares, while institutions hold 68.77% stake in the company. Shares short for WRB as of 1735603200 were 4792863 with a Short Ratio of 3.05, compared to 1732838400 on 3946031. Therefore, it implies a Short% of Shares Outstanding of 4792863 and a Short% of Float of 1.6.
Dividends & Splits
According to the company, the forward annual dividend rate for WRB is 0.31, from 0.307 in the trailing year. Against a Trailing Annual Dividend Yield of 0.005198984The stock’s 5-year Average Dividend Yield is 0.62. The current Payout Ratio is 8.51% for WRB, which recently paid a dividend on 2024-12-16 with an ex-dividend date of 1734307200. Stock splits for the company last occurred on 2024-07-11 when the company split stock in a 3:2 ratio.
Earnings Estimates
A comprehensive evaluation of W.R. Berkley Corp (WRB) is underway, with the input of 14.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $1.06, with high estimates of $1.14 and low estimates of $0.85.
Analysts are recommending an EPS of between $4.56 and $3.85 for the fiscal current year, implying an average EPS of $4.01. EPS for the following year is $4.33, with 16.0 analysts recommending between $4.46 and $3.85.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $2.98B this quarter.It ranges from a high estimate of $3B to a low estimate of $2.96B. As of the current estimate, W.R. Berkley Corp’s year-ago sales were $2.71BFor the next quarter, 4 analysts are estimating revenue of $3.02B. There is a high estimate of $3.07B for the next quarter, whereas the lowest estimate is $2.96B.
A total of 8 analysts have provided revenue estimates for WRB’s current fiscal year. The highest revenue estimate was $11.54B, while the lowest revenue estimate was $11.35B, resulting in an average revenue estimate of $11.49B. In the same quarter a year ago, actual revenue was $10.4BBased on 7 analysts’ estimates, the company’s revenue will be $12.37B in the next fiscal year. The high estimate is $12.71B and the low estimate is $11.91B.
