Brokers adjust WRB targets after earnings
Event: Oct. 20–21, 2026. Morgan Stanley’s Bob Huang reiterated Hold at $70 on Oct. 21. On Oct. 20, Goldman Sachs maintained Buy at $79, Truist maintained Buy at $83, Evercore ISI maintained Sell and cut its target from $70 to $69, and Cantor Fitzgerald maintained Hold at $74. Consensus: Hold, $69.06 average target, based on 18 analysts.
W. R. Berkley (WRB) Q3 2026 Earnings Call Transcript
W. R. Berkley (WRB) Q3 2026 Earnings Call Transcript（摘要待生成）
WRB shares slid after Q3 earnings as revenue missed estimates
Event: Oct. 19–20, 2026. WRB reported operating EPS of $1.17 versus $1.15 consensus, but revenue of $3.74B missed the $3.82B estimate and was below $3.77B a year earlier; net income fell 13% to $446M. Shares fell 1.8% after hours to $72.75.
W.R. Berkley 8-K (2.02, 9.01): reported results of operations
W.R. Berkley reported third-quarter 2026 operating income of $456.5 million, or $1.17 per diluted share, net income of $446.0 million, return on equity of 18.4%, and net investment income of $383.5 million.