WRB
W.R. Berkley Corporation
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
68.68
▼ 0.50 (0.72%)
MARKET · —
Price
Open
69.18
Prev close
69.18
Day high
69.66
Day low
68.49
Volume
1.08M
Market cap
$25.47B
P/E (TTM)
14.23
52W range
62.87 – 78.96
Trailing performance
Returnvs SPY
1W
-2.71%
-1.3%
1M
-6.58%
-10.3%
3M
+1.67%
-1.4%
6M
-3.49%
-14.6%
YTD
-2.17%
-14.5%
1Y
-5.56%
-25.6%
3Y
+64.32%
-9.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$25.47B
Enterprise value$25.87B
Revenue (TTM)$14.90B
Gross profit$6.52B
EBITDA$2.58B
Net income$1.93B
EPS (TTM)$4.82
Free cash flow$3.05B
Total cash$3.90B
Total debt$3.10B
Book value / share—
Shares outstanding371.23M
Float243.52M
Short % of float0.02%
Dividend yield0.58%
Beta (5Y)0.29
Valuation & profitability ratios
Trailing P/E14.23
Forward P/E14.19
PEG ratio4.70
Price / sales—
Price / book—
EV / revenue1.74
EV / EBITDA10.03
Gross margin43.79%
Operating margin16.39%
Profit margin12.94%
Return on equity20.21%
Return on assets3.56%
Debt / equity31.53
Current ratio0.41
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $12.45B | $11.55B | $10.40B | $9.56B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $1.78B | $1.76B | $1.38B | $1.38B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $1.78B | $1.76B | $1.38B | $1.38B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.08 | 1.27 | +17.3% |
| Mar 2026 | 1.14 | 1.30 | +14.1% |
| Dec 2025 | 1.12 | 1.13 | +0.4% |
| Sep 2025 | 1.10 | 1.10 | -0.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.13 | 15 | $3.22B | +2.1% |
| Next quarter | 1.21 | 15 | $3.25B | +2.1% |
| Current year | 4.88 | 17 | $12.80B | +2.8% |
| Next year | 4.84 | 18 | $13.28B | +3.8% |
Analyst targets & ownership
Mean target$69.53
High target$83.00
Low target$51.00
Implied upside1.24%
Analyst count17
ConsensusHOLD
Strong buy / Buy0 / 2
Hold9
Sell / Strong sell4 / 3
Held by insiders26.36%
Held by institutions76.54%
Institutions holding1.28K
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
102.44M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 3, 26 | SHIEL JAMES G Officer |
STOCK | 14.09K | $0 | Direct |
| Aug 3, 26 | BAIO RICHARD MARK Chief Financial Officer |
STOCK | 14.09K | $0 | Direct |
| Aug 3, 26 | WELT PHILIP S. Officer |
STOCK | 14.09K | $0 | Direct |
| Jun 3, 26 | FARRELL MARY C Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | FERRE MARIA LUISA Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | BLAYLOCK RONALD E Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | BERKLEY WILLIAM ROBERT JR Chief Executive Officer |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | AUGOSTINI CHRISTOPHER L Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | TALISMAN JONATHAN Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | BERKLEY WILLIAM R Officer, Director and Beneficial Owner |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | MOSLEY DANIEL LYNN Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | MATTSON MARIE ANGELA Director |
STOCK | 3.09K | $0 | Direct |
| Jun 3, 26 | RUSBULDT ROBERT ALAN Director |
STOCK | 3.09K | $0 | Direct |
| Mar 3, 26 | MITSUI SUMITOMO INSURANCE CO., LTD. Beneficial Owner of more than 10% of a Class of Security |
BUY | 258.18K | $18.75M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AUGOSTINI CHRISTOPHER L |
Director | 109.86K | Stock Award(Grant) |
BAIO RICHARD MARK |
Chief Financial Officer | 249.68K | Stock Award(Grant) |
BERKLEY WILLIAM R |
Officer, Director and Beneficial Owner | 91.00M | Stock Award(Grant) |
BERKLEY WILLIAM ROBERT JR |
Chief Executive Officer | 72.97M | Stock Award(Grant) |
BLAYLOCK RONALD E |
Director | 147.94K | Stock Award(Grant) |
FARRELL MARY C |
Director | 160.97K | Stock Award(Grant) |
MITSUI SUMITOMO INSURANCE CO., LTD. |
Beneficial Owner of more than 10% of a Class of Security | — | Purchase |
SGAGLIONE LUCILLE T |
Officer | 249.78K | Stock Award(Grant) |
SHIEL JAMES G |
Officer | 1.02M | Stock Award(Grant) |
WELT PHILIP S. |
Officer | 239.17K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
69.89
-1.74% from price
SMA 20
71.58
-4.17% from price
SMA 50
71.02
-3.41% from price
SMA 100
68.76
-0.12% from price
SMA 200
69.62
-1.46% from price
EMA 12
70.20
-2.16% from price
EMA 26
70.87
-3.09% from price
EMA 50
70.58
-2.70% from price
RSI (14)
36.8
Neutral
MACD (12,26,9)
-0.67
Hist -0.39
ATR (14)
1.30
1.89% of price
Realised vol 30D
22.3%
Annualised
Bollinger upper
75.87
20, 2σ
Bollinger lower
67.29
20, 2σ
50 / 200 cross
Golden
71.02 vs 69.62
Trend bias
Below 200
-1.46%
Risk profile
Beta vs SPY
-0.30
Less volatile than market
Correlation to SPY
-0.17
Largely independent
Realised vol 30D
22.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-19.0%
Peak to trough
Max drawdown 5Y
-27.0%
Peak to trough
ATR 14
1.30
1.89% of price
Beta (reported)
0.29
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.23
Call-heavy session
Put / call open interest
0.29
Positioning, not flow
Max pain
70.00
+2.0% from spot
ATM implied vol
25.1%
Nearest strike to spot
Skew (10% OTM)
-11.0%
Calls bid over puts
Call volume
93
Contracts, this expiry
Put volume
21
Contracts, this expiry
Heaviest call OI
72.50
363 contracts
Heaviest put OI
67.50
86 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.