W. R. Berkley (WRB) continues to impress market with its consistent performance. The insurance giant declared a quarterly cash dividend of US$0.08 and a third special dividend for 2024. Wall Street analysts are generally bullish on the stock. Besides, dividend movements signal market confidence. Company's Q4 earnings and revenues surpassed estimates, whereas premiums saw a rise YoY. The stock has delivered a strong 103% return for investors in the past five years. Institutional ownership also reflects positively on the company. Morgan Stanley has set an equal-weight rating for WRB with a $65 target. Goldman Sachs sees upside in its strong E&S pricing trends and even upgraded the stock. However, StockNews.com lowered WRB's rating to hold. It's worth noting that shares of WRB dipped by almost 6.18% in 4 weeks. The company appears undervalued by 48.4% considering its tech investments. Lastly, it's on a surprising 10% rally hinting at favorable market revaluation.
WR Berkley Stocks WRB News Analytics from Sat, 06 Jun 2009 23:11:29 GMT to Sat, 22 Feb 2025 17:40:36 GMT - Rating 7 - Innovation 0 - Information 8 - Rumor 3
