Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $83.43 in the prior trading day, W.R. Berkley Corp. (NYSE: WRB) closed at $79.08, down -5.21%. In other words, the price has decreased by -$5.21 from its previous closing price. On the day, 3.95 million shares were traded. WRB stock price reached its highest trading level at $83.7599 during the session, while it also had its lowest trading level at $78.03.
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 0.41 whereas as Long-Term Debt/Eq ratio is at 0.40.
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 the company, Evercore ISI on January 09, 2024, Downgraded its rating to In-line and sets its target price to $79 from $69 previously.
On January 08, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform but kept the price unchanged to $73.
Keefe Bruyette Downgraded its Outperform to Mkt Perform on December 06, 2023, whereas the target price for the stock was revised from $69 to $80.
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 20287895552 and an Enterprise Value of 22172080128. As of this moment, W.R.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.63, and their Forward P/E ratio for the next fiscal year is 12.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 2.72. Its current Enterprise Value per Revenue stands at 1.826 whereas that against EBITDA is 11.56.
Stock Price History:
Over the past 52 weeks, WRB has reached a high of $89.18, while it has fallen to a 52-week low of $54.69. The 50-Day Moving Average of the stock is -6.29%, while the 200-Day Moving Average is calculated to be 10.90%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 1574350 shares per day over the last 10 days, according to various share statistics. A total of 256.54M shares are outstanding, with a floating share count of 200.25M. Insiders hold about 21.95% of the company’s shares, while institutions hold 70.06% stake in the company. Shares short for WRB as of 1711584000 were 4061030 with a Short Ratio of 3.32, compared to 1709164800 on 3147591. Therefore, it implies a Short% of Shares Outstanding of 4061030 and a Short% of Float of 2.02.
Dividends & Splits
In the trailing 12 months, WRB’s forward annual dividend rate was 0.43, compared to 0.44 this year. Against a Trailing Annual Dividend Yield of 0.0051540215The stock’s 5-year Average Dividend Yield is 0.63.
