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Brookfield Reinsurance (NYSE:BNRE) Stock Price Down 0.8% - Should You Sell?

Brookfield Reinsurance logo with Finance background

Key Points

  • Brookfield Reinsurance's stock price decreased by 0.8% to $64.68, with trading volume dropping by 50% compared to its average session.
  • The company has a market capitalization of $9.41 billion and a price-to-earnings ratio of 223.04, indicating a high valuation relative to its earnings.
  • Brookfield Reinsurance operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer, providing a wide variety of insurance and reinsurance services.
  • Five stocks we like better than Brookfield Reinsurance.

Brookfield Reinsurance Ltd. (NYSE:BNRE - Get Free Report) fell 0.8% on Wednesday . The company traded as low as $64.68 and last traded at $64.68. 3,199 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 6,394 shares. The stock had previously closed at $65.20.

Brookfield Reinsurance Price Performance

The firm has a market capitalization of $9.44 billion, a price-to-earnings ratio of 223.70 and a beta of 1.53. The stock has a fifty day moving average of $64.25 and a two-hundred day moving average of $58.08.

Brookfield Reinsurance Company Profile

(Get Free Report)

Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, such as specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability; professional liability including management, transaction, and errors and omissions liability; property insurance for homeowners and renters, inland marine, and auto physical damages; surety, animal mortality, and ocean marine insurance; and health insurance, credit insurance, and pension products.

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