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Renaissancere Holdings Ltd (RNR)
NYSE:RNR
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RNR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$188.24 - $300.00
Previous Close$260.18
Volume583.18K
Average Volume (3M)399.41K
Market Cap
$13.51B
Enterprise Value$20.37B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)3.7
Beta0.24
Next Earnings
Feb 04, 2025EPS Estimate
$5.98Next Dividend Ex-Date
Dec 13, 2024Dividend Yield0.59%
Share Statistics
EPS (TTM)69.38
Shares Outstanding51,939,955
10 Day Avg. Volume596,369
30 Day Avg. Volume399,410
Standard Deviation0.08
R-Squared0.07
Alpha0.00465
Financial Highlights & Ratios
Price to Book (P/B)1.29
Price to Sales (P/S)1.06
Price to Cash Flow (P/CF)2.20
P/FCF Ratio2.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.61
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$288.00Price Target Upside10.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Renaissancere Holdings News
PremiumCompany Announcements
RenaissanceRe Reports Strong Q3 2024 Earnings
PremiumPre-Earnings
Is RNR a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRenaissanceRe Holdings reported operating EPS significantly above both estimates and consensus, indicating strong financial performance.
Organic Growth And Capital AvailabilityRen increased their authorization to $750m and pointed to having enough capital to continue returning capital to shareholders as well as grow organically.
Share Buyback And Capital ReturnThe company repurchased $107 million in shares and increased its authorized share repurchase program, signaling confidence in its financial health.
Bears Say
Financial PerformanceEstimates and price target go down: Our 2024 EPS estimate is lowered to reflect expected Milton losses, while our 2025 EPS goes down reflecting a higher cat load, lower premium growth and weaker underlying loss ratios in casualty and specialty.
Market ConditionsThere are ongoing investor concerns about prior-period casualty reserves market-wide despite improved market fundamentals.
Natural DisastersHurricane Milton is anticipated to result in a net negative impact of $275 million in the company's future results.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
RNR FAQ
What was Renaissancere Holdings Ltd’s price range in the past 12 months?
Renaissancere Holdings Ltd lowest stock price was $188.24 and its highest was $300.00 in the past 12 months.
What is Renaissancere Holdings Ltd’s market cap?
Currently, no data Available
When is Renaissancere Holdings Ltd’s upcoming earnings report date?
Renaissancere Holdings Ltd’s upcoming earnings report date is Feb 04, 2025 which is in 76 days.
How were Renaissancere Holdings Ltd’s earnings last quarter?
Renaissancere Holdings Ltd released its earnings results on Nov 06, 2024. The company reported $10.23 earnings per share for the quarter, beating the consensus estimate of $8.017 by $2.213.
Is Renaissancere Holdings Ltd overvalued?
According to Wall Street analysts Renaissancere Holdings Ltd’s price is currently Undervalued.
Does Renaissancere Holdings Ltd pay dividends?
Renaissancere Holdings Ltd pays a Quarterly dividend of $0.39 which represents an annual dividend yield of 0.59%. See more information on Renaissancere Holdings Ltd dividends here
What is Renaissancere Holdings Ltd’s EPS estimate?
Renaissancere Holdings Ltd’s EPS estimate is $5.98.
How many shares outstanding does Renaissancere Holdings Ltd have?
Renaissancere Holdings Ltd has 51,939,957 shares outstanding.
What happened to Renaissancere Holdings Ltd’s price movement after its last earnings report?
Renaissancere Holdings Ltd reported an EPS of $10.23 in its last earnings report, beating expectations of $8.017. Following the earnings report the stock price went down -4.35%.
Which hedge fund is a major shareholder of Renaissancere Holdings Ltd?
Among the largest hedge funds holding Renaissancere Holdings Ltd’s share is Egerton Capital (UK) LLP. It holds Renaissancere Holdings Ltd’s shares valued at 416M.
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Renaissancere Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$288.00 (10.69% Upside)
$288.00 (10.69% Upside)
Blogger Sentiment
Bullish
RNR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 154.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.59%
12-Months-Change
Fundamentals
Return on Equity
38.15%
Trailing 12-Months
Asset Growth
31.66%
Trailing 12-Months
Company Description
Renaissancere Holdings Ltd
RenaissanceRe Holdings Ltd. engages in the provision of reinsurance and insurance services. It operates through the following segments: Property, Casualty and Specialty, and Other. The Property segment comprises of catastrophe, and other property reinsurance and insurance. The Casualty and Specialty segment deals with casualty and specialty reinsurance and insurance. The Other segment includes strategic investments, investments unit, corporate expense, capital servicing costs, and non-controlling interests. The company was founded by Neill A. Currie on June 7, 1993 and is headquartered in Pembroke, Bermuda.
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RNR Earnings Call
Q3 2024
0:00 / 0:00
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RNR Stock 12 Month Forecast
Average Price Target
$288.00
▲(10.69% Upside)
Technical Analysis
Best Analysts Covering RNR
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+16.79%
reiterated a buy rating 8 days ago
Copying Meyer Shields's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +16.79% per trade.
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