W. R. Berkley (NYSE:WRB – Get Free Report) issued its earnings results on Monday. The insurance provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01, Briefing.com reports. W. R. Berkley had a return on equity of 21.34% and a net margin of 12.05%. The firm had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter in the previous year, the company posted $0.90 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year.
W. R. Berkley Stock Performance
Shares of NYSE WRB opened at $59.13 on Thursday. W. R. Berkley has a 12 month low of $43.20 and a 12 month high of $61.96. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.36. The company has a market cap of $22.68 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.07 and a beta of 0.62. The business’s 50 day moving average is $58.32 and its two-hundred day moving average is $55.57.
W. R. Berkley Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend was Monday, September 23rd. W. R. Berkley’s dividend payout ratio (DPR) is currently 8.51%.
Analysts Set New Price Targets
Check Out Our Latest Analysis on WRB
About W. R. Berkley
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines.
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