WRB · Coteau

WRB

W. R. Berkley Corporation

$73.15

-1.26% 2026-10-20

FinancialsS&P 500

1M 3M 6M 1Y 2Y

WRBSPY

-0.5%

+4.7%

+1.5%

+13.0%

YTD

+5.5%

+2.3%

Live chart

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Grades vs sector

Momentum

26th pct in sector

D+

12-1 return: -2.7%
Percentile within its GICS sector across the S&P 1500.

Growth

15th pct in sector

D-

Revenue growth (YoY): +1.2%
Percentile within its GICS sector across the S&P 1500.

Value

32nd pct in sector

C-

Forward E/P: 6.5% · EBITDA/EV: 9.0%
Percentile within its GICS sector across the S&P 1500.

Profitability

51st pct in sector

C+

Profit margin: +12.9% · Return on equity: +20.2%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

rank 397 of 499 · 12-1 momentum % -9.5

Momentum Blend

not in the current book

New Highs Growth

not ranked (outside this model's universe or screens)

Conviction 20

not in the current book

News

More news

W. R. Berkley (WRB) Q3 2026 Earnings Call Transcript

Nasdaq · 11h ago

W.R. Berkley Q3 Earnings Beat, Revenues Miss, Premiums Rise Y/Y

Zacks · 13h ago

W. R. Berkley Q3 Net Income Falls, But Operating Income Rises

Nasdaq · Oct 19

TRV Q3 Earnings Beat on Reserve Gains and Investment Income

Zacks · Oct 16

Progressive's Q3 Earnings Top Estimates on Higher Premiums

Zacks · Oct 14

Key stats

Market cap$27.2B

P/E (trailing)15.0

P/E (forward)15.0

52-week range62.87 – 78.96

Revenue growth (YoY, latest qtr)-0.8%

Dividend yield0.54%

Analyst consensusHold (17)

Mean price target$69.06 (-6%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Roughly fairly valued

Model read-out from the numbers below, not advice. Score +0 (DCF counts double).

▲DCF (base case)above the price by 130%

▼Forward P/E vs sector15.0x vs median 10.2x

•Piotroski F-score5/9

▼Analyst target-6% (17 analysts)

Discounted cash flow

Bear

$109

+50%

growth -1% · disc. 10.2% · term. 2.0%

Base

$168

+130%

growth 4% · disc. 9.2% · term. 2.5%

Bull

$249

+240%

growth 7% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Not meaningful for property & casualty insurance: for banks, insurers and lenders, cash moving through loans and deposits swamps "free cash flow". Book value and earnings are better guides.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Financials

P/E (trailing)

sector median 13.0× · 63rd pct

15.0×
pricier

Forward P/E

sector median 10.2× · 83rd pct

15.0×
pricier

EV / EBITDA

sector median 10.9×

–

Price / sales

sector median 2.8× · 35th pct

1.8×
cheaper

Price / book

sector median 1.6× · 74th pct

2.8×
pricier

FCF yield

sector median 8.2% · 79th pct

13.0%
cheaper

Forward EPS $4.86 vs trailing $4.87 (-0% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

–

Operating margin

–

FCF margin

23.8%

Net margin

12.9%

Return on equity

19.6%

Return on invested capital

–

Net debt / EBITDA

–

Current ratio

–

Interest cover

–

Cash conversion (OCF/NI)

1.9×

Piotroski F-score 5/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Analysts

Mean target

$69

-6%

Analysts

Hold

Range

$51–$83

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$14.7B	$1.8B	$3.6B
2024	$13.6B	$1.8B	$3.7B
2023	$12.1B	$1.4B	$2.9B
2022	$11.2B	$1.4B	$2.6B
2021	$9.5B	$1.0B	$2.2B
2020	$8.1B	$530.7M	$1.6B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +9.6%.

Earnings

Next report: 2027-01-25 · during market · EPS est 1.20

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-10-19	1.16	1.17	+0.5%
2026-07-20	1.08	1.27	+17.3%
2026-04-21	1.14	1.30	+14.1%
2026-01-26	1.12	1.13	+0.5%
2025-10-20	1.10	1.10	-0.2%
2025-07-21	1.02	1.05	+2.5%
2025-04-21	0.99	1.01	+2.4%
2025-01-27	0.95	1.13	+18.5%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$3.7B	+2.7%
2026-03-31	$3.7B	–
2025-12-31	$3.7B	–
2025-09-30	$3.8B	–
2025-06-30	$3.6B	–

Analyst actions

Wells Fargo

2026-10-20 · main

Underweight → Underweight
PT $68

Evercore ISI Group

2026-10-20 · main

Underperform → Underperform
PT $69

Mizuho

2026-10-20 · main

Neutral → Neutral
PT $73

Wells Fargo

2026-10-12 · main

Underweight → Underweight
PT $65

Mizuho

2026-10-07 · main

Neutral → Neutral
PT $70

Cantor Fitzgerald

2026-10-07 · main

Neutral → Neutral
PT $74

Recent dividends

2026-09-21: $0.100 · 2026-06-23: $0.600 · 2026-02-23: $0.090 · 2025-12-15: $1.090 · 2025-09-22: $0.090 · 2025-06-23: $0.590 · 2025-03-03: $0.080 · 2024-12-16: $0.580

Insider trades

None

None · None

SELL
–

None

None · None

SELL
–

None

None · None

SELL
–

None

None · None

SELL
–

Stats refreshed 2026-10-20 18:08:47 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.

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