Mizuho cuts target for W. R. Berkley stock from USD 74.00 to USD 72.00
Published on 10/06/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
W. R. Berkley (ISIN US0844231029) was trading at EUR 61.79 at Lang & Schwarz on October 6, 2026 at 3:03 p.m. CEST, down 0.34 percent versus the prior close of EUR 62.00. On September 16, 2026, MarketScreener reported that Mizuho maintained a Neutral rating while lowering its price target from USD 74.00 to USD 72.00.
Target cut meets solid quarterly revenue
The target reduction contrasts with W. R. Berkley's latest reported operating picture. In the second quarter of 2026, revenue reached USD 3.72 billion, compared with analyst expectations of USD 3.28 billion, according to MarketBeat. The comparison represents a USD 440.00 million revenue gap against expectations, while revenue was up 2.40 percent from the same quarter a year earlier.
MarketBeat also reported second-quarter 2026 earnings per share of USD 1.27 against a USD 1.08 consensus estimate and a net margin of 12.94 percent. These figures give the target change a more nuanced context: the quarter exceeded revenue and earnings expectations, but the latest analyst action still kept the rating at Neutral.
October earnings date sets the next test
W. R. Berkley is scheduled to release third-quarter 2026 earnings after the market closes on October 19, 2026. The company confirmed the date and a 5:00 p.m. eastern time conference call in its investor-relations release dated September 22, 2026.
The upcoming report will provide the next dated comparison for underwriting performance, investment income and earnings. W. R. Berkley operates through Insurance and Reinsurance and Monoline Excess, making revenue growth only one part of the earnings equation for the property and casualty insurer.
Stock remains below its yearly high
For market context, W. R. Berkley had a USD 25.97 billion market capitalization and a USD 62.87 to USD 78.96 52-week range in the latest quote data dated October 5, 2026. The Lang & Schwarz euro quote therefore sits below the prior close in its own currency, while the primary-exchange range provides a separate USD reference rather than a conversion basis.
W. R. Berkley was trading at EUR 61.79 at Lang & Schwarz on October 6, 2026 at 3:03 p.m. CEST, down 0.34 percent versus the Lang & Schwarz prior close of EUR 62.00 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of W. R. Berkley stock.
W. R. Berkley stock facts
- Company: W. R. Berkley Corporation
- ISIN: US0844231029
- Ticker: WRB
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 6, 2026, 3:03 p.m. CEST: EUR 61.79
- Change versus prior close: minus 0.34 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 62.00
- Market capitalization: USD 26.0 billion as of October 5, 2026
- 52-week range: USD 62.87-78.96 as of October 5, 2026
- Sector / Industry: Financial Services / Property and Casualty Insurance
- Index membership: S&P 500
- Next earnings date: October 19, 2026
