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Renaissancere Holdings Ltd (RNR)
NYSE:RNR
Renaissancere Holdings (RNR) Stock Price & Analysis
236 Followers
RNR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$172.97 - $239.00
Previous Close$220
Volume326.71K
Average Volume (3M)310.94K
Market Cap
$11.63B
Enterprise Value$17.73B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)4.9
Beta0.06
Next Earnings
Jul 24, 2024EPS Estimate
$10.61Last Dividend Ex-Date
Jun 14, 2024Dividend Yield0.7%
Share Statistics
EPS (TTM)45.24
Shares Outstanding52,879,038
10 Day Avg. Volume262,127
30 Day Avg. Volume310,945
Standard Deviation0.08
R-Squared0.07
Alpha0.00339
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)1.30
Price to Cash Flow (P/CF)5.80
P/FCF Ratio5.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.63
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda5.73
Forecast
1Y Price Target
$271.50Price Target Upside20.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Renaissancere Holdings News
PremiumCompany Announcements
RenaissanceRe 2023 Financial Condition Report Overview
PremiumPre-Earnings
Is RNR a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
EarningsOperating EPS of $12.18 came in above MSe of $9.80 and Consensus of $9.78.
Financial PerformanceStrong underwriting profitability in both Catastrophe and Other Property also supported the overall results.
GrowthPremiums grew notably due to strong renewals, new business, and the Validus acquisition.
Bears Say
AcquisitionThe recently completed Validus acquisition was at a premium price, even though some peers have shown better success driving growth organically.
Financial PerformanceThe company experienced $79.9 million of losses within its underlying margins due to the Baltimore Bridge collapse.
Tax RateThe tax rate was modestly elevated at 5.3% compared to the previous year's 4.5% and the expected 3.0%.
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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 $172.97 and its highest was $239.00 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 Jul 24, 2024 which is in 7 days.
How were Renaissancere Holdings Ltd’s earnings last quarter?
Renaissancere Holdings Ltd released its earnings results on Apr 30, 2024. The company reported $12.18 earnings per share for the quarter, beating the consensus estimate of $9.478 by $2.702.
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 0.7%. See more information on Renaissancere Holdings Ltd dividends here
What is Renaissancere Holdings Ltd’s EPS estimate?
Renaissancere Holdings Ltd’s EPS estimate is $10.61.
How many shares outstanding does Renaissancere Holdings Ltd have?
Renaissancere Holdings Ltd has 52,879,040 shares outstanding.
What happened to Renaissancere Holdings Ltd’s price movement after its last earnings report?
Renaissancere Holdings Ltd reported an EPS of $12.18 in its last earnings report, beating expectations of $9.478. Following the earnings report the stock price went down -0.42%.
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 437M.
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Renaissancere Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$271.50 (20.57% Upside)
$271.50 (20.57% Upside)
Blogger Sentiment
Bullish
RNR Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 351.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $445.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 9.4%
Last 30 Days ▲ 9.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.62%
12-Months-Change
Fundamentals
Return on Equity
29.73%
Trailing 12-Months
Asset Growth
37.72%
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
Q1 2024
0:00 / 0:00
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RNR Stock 12 Month Forecast
Average Price Target
$271.50
▲(20.57% Upside)
Technical Analysis
Best Analysts Covering RNR
1 Year
1 Year Success Rate
24/29 ratings generated profit
1 Year Average Return
+14.02%
reiterated a buy rating 7 days ago
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