Symbols / WRB Stock $66.53 -2.80% W. R. Berkley Corporation

Financial Services • Insurance - Property & Casualty • United States • NYQ
WRB (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Insurance - Property & Casualty
CEO Mr. William Robert Berkley Jr.
Exch · Country NYQ · United States
Market Cap 25.95B
Enterprise Value 24.15B
Income 1.88B
Sales 14.85B
FCF (ttm) —
Book/sh 25.72
Cash/sh 10.09
Employees 8,804
Insider 10d —
IPO Oct 23, 1973
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 7.63%
P/E 14.10
Forward P/E 13.77
PEG 3.87
P/S 1.75
P/B 2.59
P/C —
EV/EBITDA 9.31
EV/Sales 1.63
Quick Ratio —
Current Ratio —
Debt/Eq 31.92
LT Debt/Eq —
EPS (ttm) 4.72
EPS next Y 4.83
EPS Growth 26.00%
Revenue Growth 4.00%
EPS Gr Q/Q 23.40%
Rev Gr Q/Q —
Earnings (next) 2026-07-20
Earnings (prior) 2026-04-21
ROA —
ROE —
ROIC —
Gross Margin 43.65%
Oper. Margin 17.09%
Profit Margin 12.64%
Shs Outstand 390.02M
Shs Float 234.07M
Insider Own 25.08%
Instit Own 76.33%
Short Float 0.00%
Short Ratio 0.00
Short Interest 7.29K
52W High 78.96
vs 52W High -15.74%
52W Low 63.68
vs 52W Low 4.48%
Beta 0.37
Impl. Vol. 35.83%
Rel Volume 1.00
Avg Volume 2.21M
Volume 2.21M
Target (mean) $67.38
Tgt Median $68.00
Tgt Low $51.00
Tgt High $78.00
# Analysts 16
Recom Hold
Prev Close $68.45
Price $66.53
Change -2.80%
About

W. R. Berkley Corporation, an insurance holding company, operates as a commercial line writer worldwide. The company operates through Insurance and Reinsurance & Monoline Excess segments. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, it offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; management liability and general insurance products; personal lines insurance solutions, including home, condo/co-op, auto, fine arts and collectibles, liability, collector vehicle, and recreational marine; law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical, property, and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance products; facultative reinsurance products include automatic, semi-automatic, and individual risk assumed reinsurance; and turnkey products, such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$67.38
Mean price target
2. Current target
$66.53
Latest analyst target
3. DCF / Fair value
$70.80
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$66.53
Low
$51.00
High
$78.00
Mean
$67.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-23 up BMO Capital Underperform → Market Perform $68
2026-04-22 main Wells Fargo Equal-Weight → Equal-Weight $64
2026-04-22 main Barclays Underweight → Underweight $64
2026-04-22 main Truist Securities Buy → Buy $78
2026-04-14 main B of A Securities Neutral → Neutral $67
2026-04-09 down Cantor Fitzgerald Overweight → Neutral $71
2026-04-08 main UBS Neutral → Neutral $69
2026-04-08 main Barclays Underweight → Underweight $62
2026-04-06 main Morgan Stanley Equal-Weight → Equal-Weight $72
2026-04-01 main Keefe, Bruyette & Woods Market Perform → Market Perform $66
2026-02-02 main Argus Research Buy → Buy $76
2026-02-02 main Cantor Fitzgerald Overweight → Overweight $75
2026-01-28 main Truist Securities Buy → Buy $80
2026-01-27 main Jefferies Hold → Hold $70
2026-01-27 main Wells Fargo Equal-Weight → Equal-Weight $66
2026-01-27 main Mizuho Neutral → Neutral $67
2026-01-27 main B of A Securities Neutral → Neutral $66
2026-01-20 down TD Cowen Hold → Sell $55
2026-01-14 main Cantor Fitzgerald Overweight → Overweight $76
2026-01-13 main Wells Fargo Equal-Weight → Equal-Weight $68
News
RSS: Latest WRB news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-03 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 258,176 $71.60 $18,745,005
2026-02-27 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 300,000 $71.63 $21,494,315
2026-02-25 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 553,654 $70.52 $39,381,432
2026-02-20 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 505,582 $70.53 $35,744,460
2026-02-13 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 40,000 $69.73 $2,837,252
2026-02-11 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 97,996 $69.09 $6,828,152
2026-02-06 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 40,000 $70.46 $2,835,251
2026-02-04 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 315,221 $67.71 $21,451,897
2026-01-30 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 485,000 $68.08 $33,087,353
2026-01-28 MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 1,028,931 $65.86 $69,297,690
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
14,639.85
+6.93%
13,691.13
+13.05%
12,111.14
+7.97%
11,217.43
Operating Revenue
14,639.85
+6.93%
13,691.13
+13.05%
12,111.14
+7.97%
11,217.43
Other Operating Expenses
849.86
+8.60%
782.59
-3.47%
810.74
+10.26%
735.30
Total Expenses
12,359.31
+8.16%
11,426.64
+10.33%
10,356.74
+9.04%
9,497.75
Reconciled Depreciation
-48.13
+71.80%
-170.64
-717.98%
-20.86
-137.34%
55.87
EBIT
2,407.43
+0.67%
2,391.40
+27.08%
1,881.86
+1.72%
1,850.06
Total Unusual Items
—
—
0.00
0.00
Total Unusual Items Excluding Goodwill
—
—
0.00
0.00
Special Income Charges
—
—
0.00
0.00
Other Special Charges
—
—
—
—
Net Income
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Pretax Income
2,280.54
+0.71%
2,264.49
+29.07%
1,754.40
+2.02%
1,719.68
Net Non Operating Interest Income Expense
-126.89
+0.01%
-126.91
+0.43%
-127.46
+2.24%
-130.37
Interest Expense Non Operating
126.89
-0.01%
126.91
-0.43%
127.46
-2.24%
130.37
Net Interest Income
-126.89
+0.01%
-126.91
+0.43%
-127.46
+2.24%
-130.37
Interest Expense
126.89
-0.01%
126.91
-0.43%
127.46
-2.24%
130.37
Other Income Expense
581.12
+9.55%
530.46
-1.01%
535.89
+4.47%
512.94
Tax Provision
495.76
-2.78%
509.92
+37.61%
370.56
+10.70%
334.73
Tax Rate For Calcs
0.00
-3.56%
0.00
+6.53%
0.00
+8.51%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
1,784.78
+1.72%
1,754.58
+26.79%
1,383.85
-0.08%
1,384.95
Net Income From Continuing Operation Net Minority Interest
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Net Income From Continuing And Discontinued Operation
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Net Income Continuous Operations
1,784.78
+1.72%
1,754.58
+26.79%
1,383.85
-0.08%
1,384.95
Minority Interests
-5.38
-449.54%
1.54
+161.84%
-2.49
+36.10%
-3.89
Normalized Income
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Net Income Common Stockholders
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Diluted EPS
4.45
+2.06%
4.36
+29.50%
3.37
+2.23%
3.29
Basic EPS
4.48
+2.05%
4.39
+29.12%
3.40
+2.20%
3.33
Basic Average Shares
396.97
-0.69%
399.73
-1.66%
406.50
-2.11%
415.28
Diluted Average Shares
399.86
-0.83%
403.22
-1.64%
409.95
-2.21%
419.19
Diluted NI Availto Com Stockholders
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Loss Adjustment Expense
9,997.82
+7.53%
9,297.29
+10.95%
8,379.57
+10.36%
7,593.17
Net Policyholder Benefits And Claims
9,997.82
+7.53%
9,297.29
+10.95%
8,379.57
+10.36%
7,593.17
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
44,071.07
+8.64%
40,567.27
+9.05%
37,202.01
+9.87%
33,861.10
Cash Cash Equivalents And Short Term Investments
27,556.99
+13.27%
24,328.20
+13.22%
21,488.13
+13.18%
18,985.40
Cash And Cash Equivalents
2,539.94
+28.62%
1,974.75
+44.86%
1,363.19
-5.94%
1,449.35
Other Short Term Investments
25,017.06
+11.92%
22,353.45
+11.07%
20,124.94
+14.76%
17,536.05
Receivables
6,974.53
+0.73%
6,924.25
-0.35%
6,948.79
+11.36%
6,239.96
Accounts Receivable
6,971.79
+1.26%
6,884.87
-0.90%
6,947.48
+12.04%
6,200.84
Other Receivables
—
—
—
233.86
Taxes Receivable
2.73
-93.06%
39.38
+2888.01%
1.32
-96.63%
39.12
Loans Receivable
418.91
+3.32%
405.45
+101.45%
201.27
+4.28%
193.00
Prepaid Assets
881.83
+7.12%
823.21
+8.47%
758.93
+8.97%
696.47
Net PPE
596.24
+24.60%
478.51
+12.12%
426.80
+0.84%
423.23
Goodwill And Other Intangible Assets
184.33
+0.00%
184.33
+5.58%
174.60
-5.88%
185.51
Goodwill
184.33
+0.00%
184.33
+5.58%
174.60
-5.88%
185.51
Investments And Advances
28,988.77
+10.68%
26,192.50
+9.92%
23,828.36
+11.73%
21,326.02
Long Term Equity Investment
1,361.80
-7.25%
1,468.25
-9.46%
1,621.65
+0.81%
1,608.55
Total Liabilities Net Minority Interest
34,359.18
+6.84%
32,159.83
+8.16%
29,732.78
+9.74%
27,092.94
Payables And Accrued Expenses
699.15
-3.18%
722.13
+6.40%
678.69
+21.74%
557.48
Payables
699.15
-3.18%
722.13
+6.40%
678.69
+21.74%
557.48
Accounts Payable
615.78
-7.91%
668.65
+5.94%
631.16
+20.65%
523.13
Other Payable
—
—
—
—
Total Tax Payable
83.37
+55.89%
53.48
+12.53%
47.52
+38.36%
34.35
Income Tax Payable
83.37
+55.89%
53.48
+12.53%
47.52
+38.36%
34.35
Current Debt And Capital Lease Obligation
—
—
5.40
+0.00%
5.40
Current Debt
—
—
5.40
+0.00%
5.40
Long Term Debt And Capital Lease Obligation
2,839.72
-0.04%
2,840.97
+0.14%
2,837.04
+0.19%
2,831.79
Long Term Debt
2,839.72
-0.04%
2,840.97
+0.14%
2,837.04
+0.19%
2,831.79
Non Current Deferred Liabilities
99.87
+53.29%
65.15
+52.72%
42.66
+266.31%
11.65
Non Current Deferred Taxes Liabilities
99.87
+53.29%
65.15
+52.72%
42.66
+266.31%
11.65
Stockholders Equity
9,700.82
+15.55%
8,395.11
+12.60%
7,455.43
+10.48%
6,748.33
Common Stock Equity
9,700.82
+15.55%
8,395.11
+12.60%
7,455.43
+10.48%
6,748.33
Capital Stock
158.71
+0.00%
158.71
+0.00%
158.71
+50.00%
105.80
Common Stock
158.71
+0.00%
158.71
+0.00%
158.71
+50.00%
105.80
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
793.52
+0.00%
793.52
0.00%
793.52
0.00%
793.52
Ordinary Shares Number
377.16
-0.77%
380.07
-1.23%
384.82
-3.02%
396.82
Treasury Shares Number
416.37
+0.70%
413.46
+1.16%
408.70
+3.03%
396.70
Additional Paid In Capital
987.71
+0.29%
984.83
+2.08%
964.79
-3.28%
997.53
Retained Earnings
13,344.20
+8.80%
12,265.07
+11.09%
11,040.91
+8.66%
10,161.00
Gains Losses Not Affecting Retained Earnings
-451.10
+51.72%
-934.27
-0.91%
-925.84
+26.79%
-1,264.58
Treasury Stock
4,338.70
+6.36%
4,079.22
+7.83%
3,783.13
+16.35%
3,251.43
Minority Interest
11.08
-10.16%
12.33
-10.71%
13.81
-30.37%
19.83
Other Equity Adjustments
-451.10
+51.72%
-934.27
-0.91%
-925.84
+26.79%
-1,264.58
Total Equity Gross Minority Interest
9,711.89
+15.52%
8,407.44
+12.56%
7,469.24
+10.36%
6,768.16
Total Capitalization
12,540.54
+11.61%
11,236.08
+9.17%
10,292.47
+7.44%
9,580.13
Invested Capital
12,540.54
+11.61%
11,236.08
+9.17%
10,292.47
+7.38%
9,585.53
Total Debt
2,839.72
-0.04%
2,840.97
+0.14%
2,837.04
-0.01%
2,837.19
Net Debt
299.79
-65.39%
866.22
-41.23%
1,473.85
+6.20%
1,387.85
Net Tangible Assets
9,516.49
+15.90%
8,210.78
+12.77%
7,280.83
+10.94%
6,562.82
Tangible Book Value
9,516.49
+15.90%
8,210.78
+12.77%
7,280.83
+10.94%
6,562.82
Investments In Other Ventures Under Equity Method
1,361.80
-7.25%
1,468.25
-9.46%
1,621.65
+0.81%
1,608.55
Line Of Credit
—
—
5.40
+0.00%
5.40
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
3,582.62
-2.60%
3,678.37
+25.57%
2,929.24
+14.04%
2,568.60
Cash Flow From Continuing Operating Activities
3,582.62
-2.60%
3,678.37
+25.57%
2,929.24
+14.04%
2,568.60
Net Income From Continuing Operations
1,779.40
+1.33%
1,756.12
+27.13%
1,381.36
+0.02%
1,381.06
Depreciation And Amortization
-48.13
+71.80%
-170.64
-717.98%
-20.86
-137.34%
55.87
Other Non Cash Items
5.38
+449.54%
-1.54
-161.84%
2.49
-36.10%
3.89
Stock Based Compensation
54.52
+0.26%
54.38
+6.63%
51.00
+3.22%
49.41
Operating Gains Losses
-63.47
-535.23%
14.58
+118.85%
6.66
+101.91%
-348.13
Gain Loss On Investment Securities
-63.47
-535.23%
14.58
+118.85%
6.66
+101.91%
-348.13
Unrealized Gain Loss On Investment Securities
-96.34
+20.25%
-120.80
-71.47%
-70.45
-11246.84%
0.63
Change In Working Capital
1,951.24
-9.09%
2,146.26
+35.92%
1,579.04
+10.74%
1,425.86
Change In Receivables
-129.59
+29.74%
-184.43
+44.81%
-334.18
-24.61%
-268.17
Changes In Account Receivables
-129.59
+29.74%
-184.43
+44.81%
-334.18
-24.61%
-268.17
Change In Other Working Capital
97.99
-7.47%
105.90
+139.84%
-265.80
+15.53%
-314.68
Investing Cash Flow
-2,029.34
+7.10%
-2,184.49
-11.34%
-1,961.96
-3.73%
-1,891.36
Cash Flow From Continuing Investing Activities
-2,029.34
+7.10%
-2,184.49
-11.34%
-1,961.96
-3.73%
-1,891.36
Net PPE Purchase And Sale
-169.99
-60.94%
-105.62
-98.99%
-53.08
-0.75%
-52.68
Purchase Of PPE
-169.99
-60.94%
-105.62
-98.99%
-53.08
-0.75%
-52.68
Capital Expenditure
-169.99
-60.94%
-105.62
-98.99%
-53.08
-0.75%
-52.68
Net Investment Purchase And Sale
-1,955.56
+4.31%
-2,043.55
-7.09%
-1,908.27
+26.77%
-2,605.72
Purchase Of Investment
-8,847.32
+7.61%
-9,576.16
-41.97%
-6,745.22
+19.48%
-8,377.16
Sale Of Investment
6,891.76
-8.51%
7,532.61
+55.73%
4,836.95
-16.19%
5,771.45
Net Business Purchase And Sale
0.00
0.00
-100.00%
85.01
-90.08%
857.22
Purchase Of Business
0.00
0.00
+100.00%
-11.56
+76.68%
-49.57
Net Other Investing Changes
-70.81
-166.01%
107.28
+416.19%
-33.93
-336.65%
14.34
Financing Cash Flow
-1,026.45
-20.41%
-852.49
+19.77%
-1,062.49
-37.63%
-771.99
Cash Flow From Continuing Financing Activities
-1,026.45
-20.41%
-852.49
+19.77%
-1,062.49
-37.63%
-771.99
Net Issuance Payments Of Debt
-2.06
-166.44%
3.10
+418.79%
-0.97
+99.77%
-429.81
Issuance Of Debt
0.00
-100.00%
3.10
+216.84%
0.98
0.00
Repayment Of Debt
-2.06
0.00
+100.00%
-1.95
+99.55%
-429.81
Long Term Debt Issuance
0.00
-100.00%
3.10
+216.84%
0.98
0.00
Long Term Debt Payments
-2.06
0.00
+100.00%
-1.95
+99.55%
-429.81
Net Long Term Debt Issuance
-2.06
-166.44%
3.10
+418.79%
-0.97
+99.77%
-429.81
Net Common Stock Issuance
-270.22
+11.01%
-303.65
+43.47%
-537.16
-470.60%
-94.14
Common Stock Payments
-270.22
+11.01%
-303.65
+43.47%
-537.16
-470.60%
-94.14
Common Stock Dividend Paid
-700.27
-31.64%
-531.95
-6.08%
-501.46
-113.21%
-235.19
Cash Dividends Paid
-700.27
-31.64%
-531.95
-6.08%
-501.46
-113.21%
-235.19
Repurchase Of Capital Stock
-270.22
+11.01%
-303.65
+43.47%
-537.16
-470.60%
-94.14
Net Other Financing Charges
-53.89
-169.69%
-19.98
+12.74%
-22.90
-78.25%
-12.85
Changes In Cash
526.83
-17.86%
641.39
+773.58%
-95.22
-0.50%
-94.74
Effect Of Exchange Rate Changes
38.36
+228.54%
-29.84
-429.00%
9.07
+136.64%
-24.75
Beginning Cash Position
1,974.75
+44.86%
1,363.19
-5.94%
1,449.35
-7.62%
1,568.84
End Cash Position
2,539.94
+28.62%
1,974.75
+44.86%
1,363.19
-5.94%
1,449.35
Free Cash Flow
3,412.62
-4.48%
3,572.74
+24.22%
2,876.16
+14.32%
2,515.92
Dividends Received CFI
139.71
+3.60%
134.85
+777.52%
-19.90
-180.83%
24.62
Net Investment Properties Purchase And Sale
14.63
+121.95%
-66.63
-3112.73%
-2.07
+95.48%
-45.92
Sale Of Business
0.00
0.00
-100.00%
96.57
-89.35%
906.79
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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