W. R. Berkley (WRB) Stock Forecast, Price Target & Predictions


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WRB Stock Forecast


W. R. Berkley stock forecast is as follows: an average price target of $65.00 (represents a 10.79% upside from WRB’s last price of $58.67) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

WRB Price Target


The average price target for W. R. Berkley (WRB) is $65.00 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $56.00. This represents a potential 10.79% upside from WRB's last price of $58.67.

WRB Analyst Ratings


Buy

According to 16 Wall Street analysts, W. R. Berkley's rating consensus is 'Buy'. The analyst rating breakdown for WRB stock is 0 'Strong Buy' (0.00%), 10 'Buy' (62.50%), 5 'Hold' (31.25%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

W. R. Berkley Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 25, 2024Robert CoxGoldman Sachs$69.00$62.2710.81%17.61%
Oct 23, 2024Catherine SeifertCFRA$67.00$59.1313.31%14.20%
Oct 22, 2024Brian MeredithUBS$69.00$58.5317.89%17.61%
Oct 22, 2024Joshua ShankerBank of America Securities$76.00$61.0324.53%29.54%
Oct 22, 2024Scott HeleniakRBC Capital$63.00$61.033.23%7.38%
Oct 22, 2024Alex ScottGoldman Sachs$61.00$61.03-0.05%3.97%
Oct 22, 2024David MotemadenEvercore ISI$60.00$61.03-1.69%2.27%
Oct 17, 2024Mark HughesTruist Financial$68.00$59.2814.71%15.90%
Oct 09, 2024Yaron KinarJefferies$57.00$57.47-0.82%-2.85%
Sep 04, 2024Alex ScottBarclays$56.00$60.58-7.56%-4.55%
Jul 23, 2024Elyse GreenspanWells Fargo$59.00$51.8213.86%0.56%
Jun 13, 2024Alex ScottGoldman Sachs$83.00$78.176.18%41.47%
Apr 25, 2024Michael ZaremskiBMO Capital$89.00$78.0314.05%51.70%
Apr 05, 2024Scott HeleniakRBC Capital$88.00$86.611.60%49.99%
Apr 27, 2022Morgan Stanley$68.00$67.700.44%15.90%
Apr 25, 2022Morgan Stanley$67.00$66.690.46%14.20%
Apr 21, 2022Morgan Stanley$44.67$71.05-37.13%-23.86%
Jul 26, 2021Brian MeredithUBS$40.93$21.7288.44%-30.24%
Apr 21, 2021Phil StefanoDeutsche Bank$53.36$34.8852.98%-9.05%

The latest W. R. Berkley stock forecast, released on Nov 25, 2024 by Robert Cox from Goldman Sachs, set a price target of $69.00, which represents a 10.81% increase from the stock price at the time of the forecast ($62.27), and a 17.61% increase from WRB last price ($58.67).

W. R. Berkley Price Target by Period


1M3M12M
# Anlaysts-114
Avg Price Target-$69.00$68.93
Last Closing Price$58.67$58.67$58.67
Upside/Downside-100.00%17.61%17.49%

In the current month, the average price target of W. R. Berkley stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to W. R. Berkley's last price of $58.67. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 25, 2024Goldman SachsNeutralBuyUpgrade
Oct 23, 2024CFRABuyBuyHold
Oct 22, 2024UBSBuyBuyHold
Oct 22, 2024Wells FargoOverweightOverweightHold
Oct 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Oct 22, 2024Cowen & Co.BuyBuyHold
Oct 22, 2024RBC CapitalSector PerformSector PerformHold
Oct 22, 2024Goldman SachsNeutralNeutralHold
Oct 10, 2024Wells FargoSector PerformSector PerformHold
Oct 09, 2024JefferiesHoldHoldHold
Sep 04, 2024BarclaysUnderweightInitialise
Jul 23, 2024Wells FargoOverweightOverweightHold
Jul 01, 2024Cowen & Co.Market PerformBuyInitialise
Jun 13, 2024Goldman SachsNeutralDowngrade
May 03, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 25, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 05, 2024RBC CapitalSector PerformSector PerformHold
Jan 25, 2024RBC CapitalSector PerformSector PerformHold
Jan 25, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jan 25, 2024Wells FargoOverweightOverweightHold
Mar 15, 2023Truist FinancialBuyUpgrade
Mar 15, 2023BMO CapitalMarket PerformUpgrade
Mar 15, 2023Credit SuisseOutperformUpgrade
Mar 15, 2023Cowen & Co.Market PerformDowngrade
Mar 15, 2023OppenheimerPerformDowngrade
Mar 15, 2023UBSBuyUpgrade
Mar 15, 2023CitigroupOverweightUpgrade
Mar 15, 2023Bank of America SecuritiesBuyUpgrade
Oct 12, 2022Wells FargoOverweightOverweightHold
Sep 06, 2022Keefe, Bruyette & WoodsOutperformUpgrade
Apr 27, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 26, 2022Wolfe ResearchOutperformUpgrade

W. R. Berkley's last stock rating was published by Goldman Sachs on Nov 25, 2024. The company Upgrade its WRB rating from "Neutral" to "Buy".

W. R. Berkley Financial Forecast


W. R. Berkley Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$3.05B$2.98B$2.89B$2.98B$2.77B$39.83M$2.92B$2.58B$2.44B$2.30B$2.16B$2.29B$2.03B
Avg Forecast$4.83B$4.70B$4.58B$4.46B$3.46B$3.40B$3.33B$3.26B$3.21B$3.15B$3.09B$3.02B$2.98B$2.93B$2.84B$2.77B$2.70B$2.67B$2.57B$2.53B$2.50B$2.44B$2.32B$2.26B$2.14B$2.03B$1.89B$1.84B$1.80B$1.75B
High Forecast$4.96B$4.83B$4.70B$4.57B$3.55B$3.49B$3.42B$3.35B$3.29B$3.23B$3.17B$3.15B$3.11B$2.93B$2.84B$2.77B$2.71B$2.69B$2.63B$2.60B$2.53B$2.44B$2.32B$2.26B$2.14B$2.03B$1.89B$1.84B$1.80B$1.75B
Low Forecast$4.55B$4.42B$4.31B$4.19B$3.25B$3.20B$3.13B$3.07B$3.02B$2.97B$2.90B$2.72B$2.65B$2.93B$2.84B$2.77B$2.54B$2.64B$2.42B$2.38B$2.47B$2.44B$2.32B$2.26B$2.14B$2.03B$1.89B$1.84B$1.80B$1.75B
# Analysts222222221114421125443333444449
Surprise %-----------------1.15%1.16%1.14%1.19%1.13%0.02%1.29%1.21%1.20%1.21%1.18%1.27%1.16%

W. R. Berkley's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.70B, with a low forecast of $2.54B, and a high forecast of $2.71B. WRB's average Quarter revenue forecast represents a -11.49% decrease compared to the company's last Quarter revenue of $3.05B (Sep 23).

W. R. Berkley EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421125443333444449
EBITDA-----------------$282.86M$489.62M$406.30M$520.40M$325.25M$266.75M$789.64M$420.43M$392.09M$374.65M$364.07M$473.60M$277.62M
Avg Forecast$726.16M$706.78M$687.91M$669.55M$519.65M$510.92M$500.42M$489.95M$482.21M$473.69M$463.67M$453.65M$447.12M$439.65M$427.15M$323.05M$405.97M$400.35M$385.78M$293.68M$363.37M$261.08M$248.74M$266.99M$229.23M$217.22M$202.73M$242.71M$192.92M$187.61M
High Forecast$744.89M$725.01M$705.65M$686.81M$533.05M$524.09M$513.32M$502.59M$494.64M$485.91M$475.63M$473.72M$467.02M$439.87M$427.15M$387.66M$407.25M$403.56M$395.73M$352.42M$436.04M$261.08M$248.74M$320.38M$229.23M$217.22M$202.73M$291.26M$192.92M$187.61M
Low Forecast$682.92M$664.69M$646.95M$629.68M$488.71M$480.49M$470.62M$460.78M$453.49M$445.48M$436.06M$408.15M$398.03M$439.43M$427.15M$258.44M$381.80M$396.71M$362.81M$234.95M$290.70M$261.08M$248.74M$213.59M$229.23M$217.22M$202.73M$194.17M$192.92M$187.61M
Surprise %-----------------0.71%1.27%1.38%1.43%1.25%1.07%2.96%1.83%1.81%1.85%1.50%2.45%1.48%

2 analysts predict WRB's average Quarter EBITDA for Dec 23 to be $405.97M, with a high of $407.25M and a low of $381.80M. This is 43.52% upper than W. R. Berkley's previous annual EBITDA (Sep 23) of $282.86M.

W. R. Berkley Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421125443333444449
Net Income-----------------$333.59M$356.31M$294.13M$382.22M$228.88M$179.32M$590.64M$294.30M$261.30M$237.24M$229.53M$312.15M$151.68M
Avg Forecast$566.52M$507.90M$511.94M$536.36M$505.62M$466.43M$462.02M$479.89M$468.25M$432.88M$425.64M$427.47M$387.04M$372.10M$372.01M$203.67M$371.07M$317.04M$290.66M$185.15M$254.47M$228.50M$231.75M$168.32M$223.49M$169.57M$180.11M$153.02M$141.85M$115.61M
High Forecast$585.52M$524.93M$529.10M$554.35M$522.57M$482.07M$477.52M$495.98M$483.94M$447.40M$439.91M$451.22M$424.09M$377.22M$372.09M$244.40M$404.06M$327.79M$300.40M$222.18M$305.37M$228.50M$231.75M$201.98M$223.49M$169.57M$180.11M$183.62M$141.85M$115.61M
Low Forecast$522.67M$468.59M$472.31M$494.84M$466.48M$430.33M$426.26M$442.75M$432.00M$399.37M$392.69M$407.68M$354.10M$366.98M$371.92M$162.93M$349.08M$287.49M$268.16M$148.12M$203.58M$228.50M$231.75M$134.65M$223.49M$169.57M$180.11M$122.41M$141.85M$115.61M
Surprise %-----------------1.05%1.23%1.59%1.50%1.00%0.77%3.51%1.32%1.54%1.32%1.50%2.20%1.31%

W. R. Berkley's average Quarter net income forecast for Dec 23 is $371.07M, with a range of $349.08M to $404.06M. WRB's average Quarter net income forecast represents a 11.24% increase compared to the company's last Quarter net income of $333.59M (Sep 23).

W. R. Berkley SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421125443333444449
SG&A------------------------------
Avg Forecast$18.89M$18.39M$17.90M$17.42M$13.52M$13.29M$13.02M$12.75M$12.55M$12.32M$12.06M$11.80M$11.63M$11.44M$11.11M$10.81M$10.56M$10.42M$10.04M$9.90M$9.78M$11.31M$10.78M$10.48M$9.93M$9.41M$8.79M$8.53M$8.36M$8.13M
High Forecast$19.38M$18.86M$18.36M$17.87M$13.87M$13.64M$13.36M$13.08M$12.87M$12.64M$12.37M$12.33M$12.15M$11.44M$11.11M$10.81M$10.60M$10.50M$10.30M$10.15M$9.90M$11.31M$10.78M$10.48M$9.93M$9.41M$8.79M$8.53M$8.36M$8.13M
Low Forecast$17.77M$17.29M$16.83M$16.38M$12.72M$12.50M$12.24M$11.99M$11.80M$11.59M$11.35M$10.62M$10.36M$11.43M$11.11M$10.81M$9.93M$10.32M$9.44M$9.31M$9.65M$11.31M$10.78M$10.48M$9.93M$9.41M$8.79M$8.53M$8.36M$8.13M
Surprise %------------------------------

W. R. Berkley's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to WRB last annual SG&A of $NaN (undefined).

W. R. Berkley EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421125443333444449
EPS-----------------$1.24$1.32$1.07$1.38$0.83$0.65$2.13$1.06$0.94$0.85$0.83$1.12$0.54
Avg Forecast$1.40$1.26$1.27$1.33$1.25$1.16$1.14$1.19$1.16$1.07$1.05$1.06$0.96$0.92$0.92$0.95$0.92$0.79$0.72$0.82$0.74$0.57$0.57$0.63$0.55$0.42$0.45$0.36$0.35$0.29
High Forecast$1.45$1.30$1.31$1.37$1.29$1.19$1.18$1.23$1.20$1.11$1.09$1.12$1.05$0.93$0.92$0.99$1.00$0.81$0.74$0.85$0.75$0.57$0.57$0.63$0.55$0.42$0.45$0.36$0.35$0.29
Low Forecast$1.29$1.16$1.17$1.23$1.16$1.07$1.06$1.10$1.07$0.99$0.97$1.01$0.88$0.91$0.92$0.88$0.86$0.71$0.66$0.75$0.72$0.57$0.57$0.63$0.55$0.42$0.45$0.36$0.35$0.29
Surprise %-----------------1.58%1.83%1.31%1.87%1.47%1.13%3.38%1.91%2.24%1.91%2.31%3.19%1.89%

According to 2 Wall Street analysts, W. R. Berkley's projected average Quarter EPS for Dec 23 is $0.92, with a low estimate of $0.86 and a high estimate of $1.00. This represents a -25.88% decrease compared to WRB previous annual EPS of $1.24 (Sep 23).

W. R. Berkley Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RLIRLI$72.26$173.50140.11%Buy
PRAProAssurance$15.27$18.0017.88%Buy
SKWDSkyward Specialty Insurance Group$43.48$51.0017.30%Buy
KMPRKemper$66.90$77.5015.84%Buy
TRVTravelers Companies$249.52$280.6312.47%Hold
CBChubb$275.83$306.2511.03%Buy
WRBW. R. Berkley$58.67$65.0010.79%Buy
ALLAllstate$190.81$209.579.83%Buy
HMNHorace Mann Educators$38.67$42.008.61%Strong Buy
SIGISelective Insurance Group$94.02$102.008.49%Buy
UFCSUnited Fire Group$25.20$26.003.17%Hold
CNACNA Financial$49.77$45.00-9.58%Buy
MKLMarkel$1.80K$1.56K-13.57%Hold

WRB Forecast FAQ


Is W. R. Berkley a good buy?

Yes, according to 16 Wall Street analysts, W. R. Berkley (WRB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 62.50% of WRB's total ratings.

What is WRB's price target?

W. R. Berkley (WRB) average price target is $65 with a range of $56 to $76, implying a 10.79% from its last price of $58.67. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will W. R. Berkley stock go up soon?

According to Wall Street analysts' prediction for WRB stock, the company can go up by 10.79% (from the last price of $58.67 to the average price target of $65), up by 29.54% based on the highest stock price target, and down by -4.55% based on the lowest stock price target.

Can W. R. Berkley stock reach $90?

WRB's average twelve months analyst stock price target of $65 does not support the claim that W. R. Berkley can reach $90 in the near future.

What are W. R. Berkley's analysts' financial forecasts?

W. R. Berkley's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $13.45B (high $13.8B, low $12.65B), average EBITDA is $2.02B (high $2.07B, low $1.9B), average net income is $1.91B (high $1.98B, low $1.77B), average SG&A $52.58M (high $53.94M, low $49.45M), and average EPS is $4.74 (high $4.9, low $4.37). WRB's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $18.57B (high $19.05B, low $17.47B), average EBITDA is $2.79B (high $2.86B, low $2.62B), average net income is $2.12B (high $2.19B, low $1.96B), average SG&A $72.6M (high $74.47M, low $68.28M), and average EPS is $5.26 (high $5.43, low $4.85).

Did the WRB's actual financial results beat the analysts' financial forecasts?

Based on W. R. Berkley's last annual report (Dec 2023), the company's revenue was $12.14B, beating the average analysts forecast of $10.47B by 16.01%. Apple's EBITDA was $1.75B, beating the average prediction of $1.49B by 18.08%. The company's net income was $1.38B, beating the average estimation of $1.16B by 18.68%. Apple's SG&A was $0, missing the average forecast of $40.91M by -100.00%. Lastly, the company's EPS was $5.1, beating the average prediction of $3.24 by 57.29%. In terms of the last quarterly report (Sep 2023), W. R. Berkley's revenue was $3.05B, beating the average analysts' forecast of $2.67B by 14.56%. The company's EBITDA was $282.86M, missing the average prediction of $400.35M by -29.35%. W. R. Berkley's net income was $333.59M, beating the average estimation of $317.04M by 5.22%. The company's SG&A was $0, missing the average forecast of $10.42M by -100.00%. Lastly, the company's EPS was $1.24, beating the average prediction of $0.785 by 57.91%