RenaissanceRe/RNR

$224.74

0.85%
-
1D1W1MYTD1YMAX

About RenaissanceRe

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. The Company has two segments. The Property segment is comprised of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Casualty and Specialty segment is comprised of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Company writes catastrophe reinsurance and insurance coverage protecting against natural and man-made catastrophes, such as earthquakes, hurricanes, typhoons and tsunamis, winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism, among others. Its subsidiaries include Renaissance Reinsurance Ltd., Validus Reinsurance Ltd. and others.

Ticker

RNR

Sector

Financials

Trading on

NYSE

Industry

Insurance (Life)

CEO

Kevin O'Donnell

Employees

925

Headquarters

Pembroke, Bermuda

RenaissanceRe Metrics

BasicAdvanced
$11.41B
Market cap
4.36
P/E ratio
$49.58
EPS
0.32
Beta
$1.52
Dividend rate
0.72%
Dividend yield
$11.41B
0.31651
$239.42
$174.22
368.98K
$1.52
20.716
20.716
3.02%
8.46%
37.48%
4.365
1.362
1.311
1.314
6.333
0.79%
0.7%
0.72%
64.01%
294.84%
17.76%
50.56%
2.78%

What the Analysts think about RenaissanceRe

Analyst Ratings

Majority rating from 14 analysts.
Buy

Price Targets

Average projection from 10 analysts.
19.43% upside
High $342.00
Low $216.00
$224.74
Current price
$268.40
Average price target

RenaissanceRe Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
62.66% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.53B
26.07%
Net income
$1.59B
681.8%
Profit margin
62.66%
520.4%

RenaissanceRe Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 43.45%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$8.16
$8.79
$8.33
$11.77
-
Expected
$7.24
$7.47
$6.26
$8.21
$9.60
Surprise
12.68%
17.69%
33.12%
43.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for RenaissanceRe stock?

RenaissanceRe (RNR) has a market cap of $11.41B as of April 20, 2024.

What is the P/E ratio for RenaissanceRe stock?

The price to earnings (P/E) ratio for RenaissanceRe (RNR) stock is 4.36 as of April 20, 2024.

Does RenaissanceRe stock pay dividends?

Yes, the RenaissanceRe (RNR) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.52 and the yield is 0.72%. RenaissanceRe has a payout ratio of 3.02% on a trailing twelve-month basis.

When is the next RenaissanceRe dividend payment date?

The next RenaissanceRe (RNR) dividend payment date is unconfirmed.

What is the beta indicator for RenaissanceRe?

RenaissanceRe (RNR) has a beta rating of 0.32. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the RenaissanceRe stock price target?

The target price for RenaissanceRe (RNR) stock is $268.4, which is 19.43% above the current price of $224.74. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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