Is Wall Street Bullish or Bearish on W. R. Berkley Stock?

Greenwich, Connecticut-based W. R. Berkley Corporation (WRB) is an insurance holding company that operates as a commercial line writer worldwide. With a market cap of $28 billion, the company operates in two segments: Insurance and Reinsurance & Monoline Excess. 

Shares of WRB have significantly outpaced the broader market over the past 52 weeks. WRB has soared 39.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. Moreover, shares of WRB are up 26.1% on a YTD basis, compared to SPX’s 1.4% rise.