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Renaissancere Holdings Ltd (RNR)
NYSE:RNR
Holding RNR?
Track your performance easily
RNR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$188.24 - $268.61
Previous Close$263.58
Volume199.65K
Average Volume (3M)316.72K
Market Cap
$13.75B
Enterprise Value$20.08B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)5.3
Beta-0.02
Next Earnings
Oct 29, 2024EPS Estimate
$4.92Last Dividend Ex-Date
Sep 13, 2024Dividend Yield0.58%
Share Statistics
EPS (TTM)50.57
Shares Outstanding52,155,667
10 Day Avg. Volume262,865
30 Day Avg. Volume316,716
Standard Deviation0.08
R-Squared0.07
Alpha0.00469
Financial Highlights & Ratios
Price to Book (P/B)1.46
Price to Sales (P/S)1.33
Price to Cash Flow (P/CF)2.80
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.91
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$272.91Price Target Upside3.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Renaissancere Holdings News
PremiumPre-Earnings
Is RNR a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Earnings And ValuationEPS estimates are raised by 7% for the second half of 2024 and 3% for 2025 and 2026, reflecting strong financial performance.
Stock PerformanceRNR is among the top-performing P&C stocks with a 23% increase, significantly outperforming peers.
Strategic InvestmentsRenRe purchased a protective layer of retrocessional reinsurance and insurance-linked securities at a price well-below expectations, insulating it from potential losses.
Bears Say
Financial PerformanceGross premiums grew 29% falling short of our 42% with growth missing us across the board.
Growth ExpectationsThe shares should come under pressure due to growth falling below expectations.
Market ConditionsThe transactional liability loss is viewed as potentially recurring and indicative of a challenged transactional liability market.
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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 $268.61 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 Oct 29, 2024 which is in 39 days.
How were Renaissancere Holdings Ltd’s earnings last quarter?
Renaissancere Holdings Ltd released its earnings results on Jul 24, 2024. The company reported $12.41 earnings per share for the quarter, beating the consensus estimate of $10.695 by $1.715.
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 0.58%. See more information on Renaissancere Holdings Ltd dividends here
What is Renaissancere Holdings Ltd’s EPS estimate?
Renaissancere Holdings Ltd’s EPS estimate is $4.92.
How many shares outstanding does Renaissancere Holdings Ltd have?
Renaissancere Holdings Ltd has 52,155,666 shares outstanding.
What happened to Renaissancere Holdings Ltd’s price movement after its last earnings report?
Renaissancere Holdings Ltd reported an EPS of $12.41 in its last earnings report, beating expectations of $10.695. Following the earnings report the stock price went down -2.278%.
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:
$272.91 (3.78% Upside)
$272.91 (3.78% Upside)
Blogger Sentiment
Bullish
RNR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 154.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $561.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.7%
Last 30 Days ▲ 11.6%
Last 30 Days ▲ 11.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.48%
12-Months-Change
Fundamentals
Return on Equity
29.89%
Trailing 12-Months
Asset Growth
27.46%
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
Q2 2024
0:00 / 0:00
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RNR Stock 12 Month Forecast
Average Price Target
$272.91
▲(3.78% Upside)
Technical Analysis
Best Analysts Covering RNR
1 Year
1 Year Success Rate
27/30 ratings generated profit
1 Year Average Return
+18.28%
assigned a buy rating last month
Copying Joshua Shanker's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +18.28% per trade.
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