Cantor Fitzgerald Expects Weaker Earnings for W.R. Berkley

W.R. Berkley Corporation (NYSE:WRB) – Research analysts at Cantor Fitzgerald dropped their FY2025 earnings per share estimates for shares of W.R. Berkley in a research note issued to investors on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now forecasts that the insurance provider will post earnings of $4.21 per share for the year, down from their prior estimate of $4.22. Cantor Fitzgerald currently has a “Strong-Buy” rating on the stock. The consensus estimate for W.R. Berkley’s current full-year earnings is $4.33 per share. Cantor Fitzgerald also issued estimates for W.R. Berkley’s FY2026 earnings at $4.99 EPS.

WRB has been the subject of a number of other research reports. Wells Fargo & Company boosted their target price on W.R. Berkley from $68.00 to $69.00 and gave the company an “equal weight” rating in a research note on Wednesday. UBS Group set a $87.00 price target on W.R. Berkley and gave the company a “buy” rating in a research report on Wednesday. Barclays reaffirmed an “underweight” rating and set a $73.00 price target on shares of W.R. Berkley in a research report on Wednesday. TD Cowen lowered W.R. Berkley from a “buy” rating to a “hold” rating and set a $78.00 price target for the company. in a research report on Friday, June 27th. Finally, Wolfe Research assumed coverage on W.R. Berkley in a research report on Monday, September 15th. They set a “peer perform” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, W.R. Berkley has an average rating of “Hold” and an average target price of $73.69.

W.R. Berkley Trading Up 0.1%

NYSE WRB opened at $77.61 on Friday. W.R. Berkley has a 1-year low of $55.97 and a 1-year high of $78.43. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average of $73.06 and a 200-day moving average of $71.59. The firm has a market cap of $29.44 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 2.67 and a beta of 0.42.

W.R. Berkley (NYSE:WRB) last released its earnings results on Monday, July 21st. The insurance provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02. W.R. Berkley had a return on equity of 18.83% and a net margin of 12.32%.The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the previous year, the company posted $1.04 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in WRB. Hilltop National Bank purchased a new position in shares of W.R. Berkley during the 2nd quarter worth approximately $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of W.R. Berkley during the 2nd quarter worth approximately $27,000. Spectrum Wealth Counsel LLC purchased a new position in shares of W.R. Berkley during the 1st quarter worth approximately $29,000. Garde Capital Inc. purchased a new stake in shares of W.R. Berkley in the 1st quarter worth approximately $30,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of W.R. Berkley in the 2nd quarter worth approximately $34,000. Hedge funds and other institutional investors own 68.82% of the company’s stock.

W.R. Berkley Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.09 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. W.R. Berkley’s dividend payout ratio is 8.20%.

W.R. Berkley Company Profile

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.