Alert: New Earnings Report (10/21/24)-W.R. Berkley Corp (NYSE: WRB).

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For its third fiscal quarter (ending September 30), W.R. Berkley Corp (NYSE: WRB) has reported E.P.S. of $0.92 compared to $1.24 a year ago. E.P.S. were $3.94 for the latest four quarters through September 30 versus $5.00 for the same period a year ago.

Recent Price Action

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On 10/21/24, W.R. Berkley Corp (NYSE: WRB) stock declined slightly by -0.4%, closing at $61.03. Moreover, unusually high trading volume at 181% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 4.2% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, WRB is expected to continue to be an important Value Builder.

W.R. Berkley has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. W.R. Berkley has a neutral Appreciation Score of 49 and a slightly positive Power Rating of 63, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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