|Bid||71.28 x 1000|
|Ask||71.33 x 800|
|Day's Range||70.21 - 71.40|
|52 Week Range||49.47 - 77.54|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||19.80|
|Earnings Date||Jan 27, 2020|
|Forward Dividend & Yield||0.44 (0.62%)|
|Ex-Dividend Date||Nov 19, 2019|
|1y Target Est||68.30|
RLI's (RLI) fourth-quarter earnings benefit from improved premiums from Casualty and Property segments, growth in net investment income and reduced expenses.
Although several large-cap stocks have skyrocketed in the past year, some of them are set to beat earnings estimate in the ongoing reporting cycle.
W.R. Berkley (WRB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Selective Insurance (SIGI) remains poised for growth on geographic expansion, higher investment income and prudent capital deployment offset by higher expenses and cat loss.
W.R. Berkley (WRB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Dennis J. Levesque as president of Preferred Employers Insurance, a Berkley Company. He succeeds Steven A. Gallacher, who has been appointed chairman of Preferred Employers Insurance. The appointments are effective immediately.
W. R. Berkley Corporation (NYSE: WRB) will release its fourth quarter 2019 earnings after the market closes on Tuesday, January 28, 2020. A copy of the earnings release will be available on the Company’s website at www.berkley.com.
AM Best has assigned a Long-Term Issue Credit Rating of "bbb+" to the recently announced $300 million 5.10% subordinated debentures due 2059 of W. R. Berkley Corporation (WRB) (Greenwich, CT) [NYSE:WRB]. The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of WRB and its subsidiaries are unchanged.
The Zacks Analyst Blog Highlights: Fidelity National Financial, Hanover Insurance, NMI Holdings and W.R.Berkley
W. R. Berkley Corporation (NYSE: WRB) (the "Company") announced today that it priced an offering of $300 million aggregate principal amount of 5.10% Subordinated Debentures due 2059 (the "Debentures"). The offering is expected to close on December 16, 2019, subject to customary closing conditions. The Company intends to apply to list the Debentures on the New York Stock Exchange under the symbol "WRB PR F." If approved for listing, the Company expects trading of the Debentures on the New York Stock Exchange to commence within 30 days after they are first issued. The net proceeds of the offering will be used for general corporate purposes.
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of W.R. Berkley Corporation (NYSE:WRB) based on that […]
S&P; MidCap 400 constituent W.R. Berkley Corp. (NYSE:WRB) will replace Viacom Inc. (NASD:VIAB) in the S&P; 500, S&P; SmallCap 600 constituent RLI Corp. (NYSE:RLI) will replace W.R. Berkley in the S&P; MidCap 400, and The St. Joe Co. (NYSE:JOE) will replace RLI in the S&P; SmallCap 600 prior to the open of trading on Thursday, December 5. S&P; 500 constituent CBS Corp. (NYSE:CBS) is acquiring Viacom in a deal expected to be completed soon pending final conditions. Post acquisition, CBS will change its name to ViacomCBS Inc. and will trade on the NASDAQ stock exchange under ticker VIAC.
W. R. Berkley Corporation (WRB) today announced the combination of its two healthcare–centric operating units, BerkleyMed and Berkley Healthcare, into a single operating unit under the name Berkley Healthcare. Gregg A. Piltch has been appointed president and Collin J. Suttie has been named chairman of Berkley Healthcare. Since its formation in 2001, BerkleyMed has maintained its core business focus on the excess hospital professional liability market.