PartnerRe Ltd. is the holding company engaged in the international reinsurance and insurance business. The Company operates in three segments: Non-life, Life and Health, and Corporate and Other. The Non-life segment's operations are classified as North America, Global (Non-U.S.) Property and Casualty (Global (Non-U.S.) P&C), Global Specialty and Catastrophe. The Company's Life and Health segment includes the mortality, longevity and accident and health lines of business. The Corporate and Other segment is engaged in investment related activities. Risks reinsured by the Company include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. The Company's alternative risk products include weather and credit protection to financial, industrial and service companies.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Property & Casualty Reinsurance
- Sub-Industry: Reinsurance
- Symbol: NYSE:PRE
- CUSIP: G6852T10
- Web: www.partnerre.com
- Market Cap: $6.74 billion
- Outstanding Shares: 47,952,000
- 50 Day Moving Avg: $140.00
- 200 Day Moving Avg: $139.00
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 14.47
- P/E Growth: 0
- Net Margins: -14.76%
- Return on Equity: -11.13%
- Return on Assets: -2.58%
Frequently Asked Questions for Partnerre Ltd (NYSE:PRE)
What is Partnerre Ltd's stock symbol?
Partnerre Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRE."
How were Partnerre Ltd's earnings last quarter?
Partnerre Ltd (NYSE:PRE) issued its earnings results on Monday, February, 8th. The company reported $3.74 EPS for the quarter, beating the Zacks' consensus estimate of $2.64 by $1.10. The business earned $1.38 billion during the quarter, compared to analysts' expectations of $1.22 billion. Partnerre Ltd had a negative net margin of 14.76% and a negative return on equity of 11.13%. The company's quarterly revenue was down 12.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.37 earnings per share. View Partnerre Ltd's Earnings History.
Who are some of Partnerre Ltd's key competitors?
Some companies that are related to Partnerre Ltd include London Stock Exchange Group Plc (LSE), Standard Life Aberdeen PLC (SLA), Old Mutual plc (OML), 3i Group plc (III), Grupo Supervielle SA -ADR (SUPV), Land Securities Group plc (LAND), Hargreaves Lansdown PLC (HL), RSA Insurance Group plc (RSA), Plum Creek Timber Co. (PCL), British Land Company PLC (BLND), St. James's Place plc (STJ), Direct Line Insurance Group PLC (DLG), Investec plc (INVP), City National Corp (CYN), SEGRO plc (SGRO), StanCorp Financial Group (SFG), Admiral Group plc (ADM) and Biomed Realty Trust (BMR).
Who are Partnerre Ltd's key executives?
Partnerre Ltd's management team includes the folowing people:
- John P. Elkann, Chairman of the Board
- Emmanuel Clarke, President, Chief Executive Officer, Director
- Mario Bonaccorso, Chief Financial Officer, Executive Vice President
- Charles Goldie, Chief Executive Officer - Worldwide Specialty
- Theodore C. Walker, Chief Executive Officer - Property & Casualty
- Marvin Pestcoe, Chief Risk & Actuarial Officer
- Scott Altstadt, Chief Underwriting Officer
- Brian Dowd, Director
- Bilge Ogut, Director
- Nikhil Srinivasan, Director
How do I buy Partnerre Ltd stock?
Shares of Partnerre Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Partnerre Ltd's stock price today?
MarketBeat Community Rating for Partnerre Ltd (NYSE PRE)MarketBeat's community ratings are surveys of what our community members think about Partnerre Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Partnerre Ltd stock can currently be purchased for approximately $140.52.
Consensus Ratings for Partnerre Ltd (NYSE:PRE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Partnerre Ltd (NYSE:PRE)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/22/2016||BMO Capital Markets||Reiterated Rating||Hold||N/A|
Earnings History for Partnerre Ltd (NYSE:PRE)Earnings History by Quarter for Partnerre Ltd (NYSE PRE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/8/2016||Q415||$2.64||$3.74||$1.22 billion||$1.38 billion||View||N/A|
|10/26/2015||Q315||$2.55||$4.42||$1.33 billion||$1.40 billion||View||Listen|
|7/27/2015||Q215||$2.35||$2.35||$1.43 billion||$1.43 billion||View||Listen|
|4/27/2015||Q115||$2.42||$3.09||$1.79 billion||$1.75 billion||View||N/A|
|2/4/2015||Q414||$2.59||$4.37||$1.27 billion||$1.22 billion||View||N/A|
|10/27/2014||Q314||$3.60||$4.47||$1.33 billion||$1.34 billion||View||N/A|
|7/28/2014||Q214||$2.32||$2.41||$1.40 billion||$1.66 billion||View||N/A|
|4/28/2014||Q114||$2.56||$3.36||$1.69 billion||$1.74 billion||View||N/A|
|2/3/2014||Q413||$2.50||$2.91||$1.05 billion||$1.19 billion||View||N/A|
|10/28/2013||Q313||$2.05||$5.70||$1.15 billion||$1.56 billion||View||N/A|
|7/29/2013||Q2 2013||$0.80||$0.90||$1.23 billion||$1.31 billion||View||N/A|
|4/29/2013||Q1 2013||$2.35||$3.39||$1.54 billion||$1.64 billion||View||N/A|
|2/6/2013||Q4 2012||($0.46)||$1.55||$1.41 million||$920.30 million||View||N/A|
Earnings Estimates for Partnerre Ltd (NYSE:PRE)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Partnerre Ltd (NYSE:PRE)
|Most Recent Dividend:||3/1/2016|
|Dividend Growth:||-31.30% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
|Track Record:||14 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Partnerre Ltd (NYSE PRE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Partnerre Ltd (NYSE:PRE)Insider Trades by Quarter for Partnerre Ltd (NYSE:PRE)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/21/2015||Laurie Desmet||COO||Sell||710||$139.11||$98,768.10|| |
|10/29/2015||Judith Hanratty||Director||Sell||2,336||$139.30||$325,404.80|| |
|9/17/2015||Remy Sautter||Director||Sell||5,282||$138.46||$731,345.72|| |
|9/16/2015||Remy Sautter||Director||Sell||15,613||$138.46||$2,161,775.98|| |
|8/13/2015||Egbert P Willam||Director||Sell||5,908||$137.96||$815,067.68|| |
|5/7/2015||Jan H Holsboer||Director||Sell||5,131||$127.59||$654,664.29|| |
|3/30/2015||Constantinos Miranthis||CEO||Sell||12,169||$114.83||$1,397,366.27|| |
|3/26/2015||Constantinos Miranthis||CEO||Sell||20,000||$113.86||$2,277,200.00|| |
|3/20/2015||Constantinos Miranthis||CEO||Sell||10,000||$112.93||$1,129,300.00|| |
|3/17/2015||Constantinos Miranthis||CEO||Sell||15,351||$114.01||$1,750,167.51|| |
|3/16/2015||Constantinos Miranthis||CEO||Sell||7,600||$112.51||$855,076.00|| |
|3/4/2015||Constantinos Miranthis||CEO||Sell||8,800||$112.27||$987,976.00|| |
|3/3/2015||Constantinos Miranthis||CEO||Sell||1,700||$114.23||$194,191.00|| |
|2/26/2015||Constantinos Miranthis||CEO||Sell||7,768||$115.01||$893,397.68|| |
|2/25/2015||Constantinos Miranthis||CEO||Sell||7,232||$115.08||$832,258.56|| |
|10/31/2014||Emmanuel Clarke||CEO||Sell||2,000||$115.96||$231,920.00|| |
|8/25/2014||Remy Sautter||Director||Sell||10,556||$110.25||$1,163,799.00|| |
|8/21/2014||Remy Sautter||Director||Sell||3,437||$110.26||$378,963.62|| |
|8/20/2014||Jean Paul L Montupet||Director||Sell||11,441||$107.81||$1,233,454.21|| |
|6/30/2014||Judith Hanratty||Director||Sell||9,804||$109.04||$1,069,028.16|| |
|6/27/2014||Kevin M Twomey||Director||Sell||5,000||$108.35||$541,750.00|| |
|6/27/2014||Theodore C Walker||CEO||Sell||6,061||$108.37||$656,830.57|| |
|6/5/2014||David Outtrim||CAO||Sell||1,894||$108.21||$204,949.74|| |
|5/9/2014||Jan Holsboer||Director||Sell||4,500||$106.00||$477,000.00|| |
|12/18/2013||Judith Hanratty||Director||Sell||2,000||$97.52||$195,040.00|| |
|11/22/2013||Kevin Twomey||Director||Sell||3,500||$100.40||$351,400.00|| |
|11/11/2013||Judith Hanratty||Director||Sell||7,268||$100.00||$726,800.00|| |
|10/29/2013||Theodore C Walker||CEO||Sell||9,000||$99.43||$894,870.00|| |
|9/20/2013||David Outtrim||CAO||Sell||1,774||$91.00||$161,434.00|| |
|8/23/2013||Theodore Walker||CEO||Sell||7,556||$89.00||$672,484.00|| |
|5/14/2013||Jan H Holsboer||Director||Sell||3,578||$91.99||$329,140.22|| |
|5/13/2013||Kevin M Twomey||Director||Sell||2,000||$91.98||$183,960.00|| |
|3/5/2013||Jean Paul L Montupet||Director||Sell||15,225||$90.31||$1,374,969.75|| |
|12/27/2012||Constantinos Miranthis||CEO||Sell||5,000||$78.95||$394,750.00|| |
|12/24/2012||Theodore C Walker||CEO||Sell||7,000||$80.66||$564,620.00|| |
|9/18/2012||Emmanuel Clarke||CEO||Sell||1,000||$77.00||$77,000.00|| |
|9/5/2012||John A Rollwagen||Director||Sell||1,120||$74.79||$83,764.80|| |
Headline Trends for Partnerre Ltd (NYSE:PRE)
Latest Headlines for Partnerre Ltd (NYSE:PRE)
Partnerre Ltd (PRE) Chart for Monday, September, 25, 2017