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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 - $279.76
Previous Close$253.81
Volume878.96K
Average Volume (3M)313.83K
Market Cap
$13.24B
Enterprise Value$19.57B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)5.0
Beta-0.05
Next Earnings
Nov 06, 2024EPS Estimate
$5.41Last Dividend Ex-Date
Sep 13, 2024Dividend Yield0.55%
Share Statistics
EPS (TTM)50.57
Shares Outstanding52,155,667
10 Day Avg. Volume362,111
30 Day Avg. Volume313,829
Standard Deviation0.08
R-Squared0.07
Alpha0.00462
Financial Highlights & Ratios
Price to Book (P/B)1.40
Price to Sales (P/S)1.40
Price to Cash Flow (P/CF)3.00
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.86
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$269.36Price Target Upside3.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Renaissancere Holdings News
Bulls Say, Bears Say
Bulls Say
EarningsRNR reported Q2 adjusted EPS of $12.41, beating both the analyst estimate of $10.05 and the consensus of $10.70.
Financial PerformanceRenRe has compounded book value per share at a 9% CAGR, notably higher than bellwethers like Chubb and Travelers.
Stock PerformanceRNR is among the top-performing P&C stocks with a 23% increase, significantly outpacing its competitors.
Bears Say
Financial MetricsThe underlying combined ratio missed: 82.8% vs. our 81.4% due to other property and casualty/specialty.
Market PerformanceThe shares should come under pressure due to growth falling below expectations.
Revenue GrowthGross premiums grew 29% falling short of our 42% with growth missing us across the board.
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Ownership Overview
1.81% Insiders
27.88% Mutual Funds
0.07% Other Institutional Investors
46.62% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $279.76 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 Nov 06, 2024 which is in 16 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 0.55%. See more information on Renaissancere Holdings Ltd dividends here
What is Renaissancere Holdings Ltd’s EPS estimate?
Renaissancere Holdings Ltd’s EPS estimate is $5.41.
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:
$269.36 (3.02% Upside)
$269.36 (3.02% 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.
Insider Transactions
Sold Shares
Worth $561.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 20.1%
Last 30 Days ▲ 20.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.93%
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
$269.36
▲(3.02% Upside)
Technical Analysis
RLI
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Arch Capital Group
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White Mountains Insurance Group
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Selective Insurance Group
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Best Analysts Covering RNR
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+21.39%
reiterated a buy rating 3 months ago
Copying Meyer Shields's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +21.39% per trade.
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