RenaissanceRe Holdings Ltd. Expected to Post Q1 2025 Earnings of $9.95 Per Share (NYSE:RNR)

RenaissanceRe Holdings Ltd. (NYSE:RNR - Free Report) - Stock analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of RenaissanceRe in a note issued to investors on Monday, April 1st. Zacks Research analyst K. Dey now anticipates that the insurance provider will post earnings per share of $9.95 for the quarter, up from their previous forecast of $9.69. The consensus estimate for RenaissanceRe's current full-year earnings is $34.46 per share. Zacks Research also issued estimates for RenaissanceRe's Q4 2025 earnings at $6.90 EPS and FY2025 earnings at $32.27 EPS.

Other research analysts have also issued reports about the stock. UBS Group lifted their price objective on shares of RenaissanceRe from $229.00 to $238.00 and gave the company a "neutral" rating in a research note on Monday, February 5th. Evercore ISI assumed coverage on shares of RenaissanceRe in a research note on Thursday, December 14th. They issued an "underperform" rating and a $200.00 price objective on the stock. BMO Capital Markets lifted their target price on shares of RenaissanceRe from $216.00 to $295.00 and gave the company an "outperform" rating in a report on Monday, February 5th. Finally, TD Cowen assumed coverage on shares of RenaissanceRe in a report on Wednesday, January 10th. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $248.22.

RenaissanceRe Stock Performance

NYSE RNR traded down $1.24 during trading on Wednesday, reaching $229.75. The company's stock had a trading volume of 353,192 shares, compared to its average volume of 369,011. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market cap of $12.11 billion, a price-to-earnings ratio of 4.48, a P/E/G ratio of 2.61 and a beta of 0.30. RenaissanceRe has a twelve month low of $174.22 and a twelve month high of $239.42. The business's fifty day moving average price is $228.24 and its 200-day moving average price is $214.16.

RenaissanceRe (NYSE:RNR - Get Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The insurance provider reported $11.77 EPS for the quarter, topping the consensus estimate of $8.13 by $3.64. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.83 billion. RenaissanceRe had a net margin of 28.04% and a return on equity of 26.93%. RenaissanceRe's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period last year, the business earned $7.33 EPS.

Hedge Funds Weigh In On RenaissanceRe

A number of institutional investors have recently modified their holdings of RNR. American Century Companies Inc. boosted its position in shares of RenaissanceRe by 8.1% in the first quarter. American Century Companies Inc. now owns 14,404 shares of the insurance provider's stock worth $2,283,000 after buying an additional 1,083 shares during the period. Bank of Montreal Can boosted its holdings in RenaissanceRe by 7.1% in the first quarter. Bank of Montreal Can now owns 15,536 shares of the insurance provider's stock valued at $2,461,000 after purchasing an additional 1,025 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in RenaissanceRe by 5.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,119 shares of the insurance provider's stock valued at $2,555,000 after buying an additional 861 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in RenaissanceRe by 5.1% during the first quarter. Great West Life Assurance Co. Can now owns 24,034 shares of the insurance provider's stock valued at $3,914,000 after buying an additional 1,163 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in RenaissanceRe by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 679,383 shares of the insurance provider's stock valued at $107,689,000 after buying an additional 15,215 shares in the last quarter. Institutional investors and hedge funds own 99.97% of the company's stock.

Insider Buying and Selling

In other RenaissanceRe news, CFO Robert Qutub sold 2,500 shares of the company's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $234.56, for a total value of $586,400.00. Following the sale, the chief financial officer now owns 70,424 shares of the company's stock, valued at $16,518,653.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other RenaissanceRe news, EVP David E. Marra sold 750 shares of the company's stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $229.00, for a total value of $171,750.00. Following the sale, the executive vice president now owns 79,699 shares of the company's stock, valued at $18,251,071. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert Qutub sold 2,500 shares of the company's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $234.56, for a total transaction of $586,400.00. Following the completion of the sale, the chief financial officer now directly owns 70,424 shares in the company, valued at approximately $16,518,653.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,130 shares of company stock valued at $1,167,479. Corporate insiders own 2.10% of the company's stock.

RenaissanceRe Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.39 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.56 dividend on an annualized basis and a yield of 0.68%. This is an increase from RenaissanceRe's previous quarterly dividend of $0.38. RenaissanceRe's payout ratio is currently 3.05%.

RenaissanceRe Company Profile

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S.