W. R. Berkley (NYSE:WRB – Get Free Report) posted its earnings results on Monday. The insurance provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01, Briefing.com reports. The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.93 billion. W. R. Berkley had a return on equity of 21.34% and a net margin of 12.05%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS.
W. R. Berkley Trading Down 0.4 %
NYSE WRB opened at $61.03 on Tuesday. W. R. Berkley has a 12 month low of $41.82 and a 12 month high of $61.96. The stock has a market cap of $23.40 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.07 and a beta of 0.62. The stock’s fifty day moving average price is $58.24 and its 200-day moving average price is $55.55. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.36.
W. R. Berkley Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 23rd were paid a $0.08 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.52%. W. R. Berkley’s dividend payout ratio is currently 8.51%.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on WRB
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.
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