NYSE:RNR - RenaissanceRe Stock Price, News, & Analysis

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$132.14 +0.84 (+0.64 %)
(As of 08/20/2018 10:15 AM ET)
Previous Close$131.30
Today's Range$131.67 - $132.44
52-Week Range$116.50 - $146.84
Volume8,288 shs
Average Volume305,832 shs
Market Capitalization$5.14 billion
P/E Ratio-15.83
Dividend Yield1.02%
Beta0.58
RenaissanceRe logoRenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance coverages in the United States and internationally. Its Property segment writes property catastrophe excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, such as earthquakes, hurricanes, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, including proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance. The company's Casualty and Specialty segment writes various classes of products, such as directors and officers, and medical malpractice; automobile liability, casualty clash, employer's liability, umbrella or excess casualty, and workers' compensation; financial guaranty, mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. This segment also offers a range of casualty insurance products through Syndicate 1458, including general liability, medical malpractice, and professional liability. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNYSE:RNR
CUSIPG7496G10
Phone441-295-4513

Debt

Debt-to-Equity Ratio0.24
Current Ratio1.64
Quick Ratio1.64

Price-To-Earnings

Trailing P/E Ratio-15.83
Forward P/E Ratio10.04
P/E Growth1.02

Sales & Book Value

Annual Sales$2.10 billion
Price / Sales2.53
Cash FlowN/A
Price / CashN/A
Book Value$99.71 per share
Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)($8.35)
Net Income$-222,380,000.00
Net Margins-11.73%
Return on Equity-3.54%
Return on Assets-0.91%

Miscellaneous

Employees384
Outstanding Shares40,260,000
Market Cap$5.14 billion

RenaissanceRe (NYSE:RNR) Frequently Asked Questions

What is RenaissanceRe's stock symbol?

RenaissanceRe trades on the New York Stock Exchange (NYSE) under the ticker symbol "RNR."

How often does RenaissanceRe pay dividends? What is the dividend yield for RenaissanceRe?

RenaissanceRe declared a quarterly dividend on Friday, August 3rd. Stockholders of record on Friday, September 14th will be paid a dividend of $0.33 per share on Friday, September 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, September 13th. View RenaissanceRe's Dividend History.

How will RenaissanceRe's stock buyback program work?

RenaissanceRe declared that its board has initiated a share buyback plan on Monday, November 13th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were RenaissanceRe's earnings last quarter?

RenaissanceRe Holdings Ltd. (NYSE:RNR) released its earnings results on Tuesday, July, 24th. The insurance provider reported $5.23 EPS for the quarter, topping the consensus estimate of $2.94 by $2.29. The insurance provider had revenue of $604.50 million for the quarter, compared to analyst estimates of $556.85 million. RenaissanceRe had a negative net margin of 11.73% and a negative return on equity of 3.54%. The business's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.79 earnings per share. View RenaissanceRe's Earnings History.

When is RenaissanceRe's next earnings date?

RenaissanceRe is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for RenaissanceRe.

What price target have analysts set for RNR?

7 brokerages have issued 1-year target prices for RenaissanceRe's stock. Their predictions range from $125.00 to $165.00. On average, they anticipate RenaissanceRe's stock price to reach $142.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for RenaissanceRe.

What is the consensus analysts' recommendation for RenaissanceRe?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RenaissanceRe in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RenaissanceRe.

Who are some of RenaissanceRe's key competitors?

Who are RenaissanceRe's key executives?

RenaissanceRe's management team includes the folowing people:
  • Mr. Kevin Joseph O'Donnell, Pres, CEO & Director (Age 51)
  • Mr. Robert Qutub, Exec. VP & CFO (Age 56)
  • Mr. Stephen Howard Weinstein, Sr. VP, Chief Compliance Officer, Group Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Ross Arthur Curtis, Sr. VP & Group Chief Underwriting Officer (Age 45)
  • Mr. Ian D. Branagan, Sr. VP & Group Chief Risk Officer (Age 50)

Has RenaissanceRe been receiving favorable news coverage?

Media stories about RNR stock have trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. RenaissanceRe earned a coverage optimism score of 0.11 on Accern's scale. They also gave news coverage about the insurance provider an impact score of 47.33 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for RenaissanceRe.

Who are RenaissanceRe's major shareholders?

RenaissanceRe's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.51%), Janus Henderson Group PLC (4.12%), Renaissance Technologies LLC (3.45%), Dimensional Fund Advisors LP (2.11%), Cooke & Bieler LP (2.04%) and Victory Capital Management Inc. (1.77%). Company insiders that own RenaissanceRe stock include Aditya Dutt, Ian D Branagan, Kevin Odonnell, Rider Fonner Todd, Ross Curtis, Sean G Brosnan and Stephen Howard Weinstein. View Institutional Ownership Trends for RenaissanceRe.

Which major investors are selling RenaissanceRe stock?

RNR stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Russell Investments Group Ltd., Dimensional Fund Advisors LP, BlackRock Inc., Great West Life Assurance Co. Can, Swiss National Bank, Glenmede Trust Co. NA and Aperio Group LLC. Company insiders that have sold RenaissanceRe company stock in the last year include Kevin Odonnell and Sean G Brosnan. View Insider Buying and Selling for RenaissanceRe.

Which major investors are buying RenaissanceRe stock?

RNR stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc., Janus Henderson Group PLC, ARGA Investment Management LP, American Century Companies Inc., Virginia Retirement Systems ET AL and United Services Automobile Association. View Insider Buying and Selling for RenaissanceRe.

How do I buy shares of RenaissanceRe?

Shares of RNR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is RenaissanceRe's stock price today?

One share of RNR stock can currently be purchased for approximately $132.10.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $5.14 billion and generates $2.10 billion in revenue each year. The insurance provider earns $-222,380,000.00 in net income (profit) each year or ($8.35) on an earnings per share basis. RenaissanceRe employs 384 workers across the globe.

How can I contact RenaissanceRe?

RenaissanceRe's mailing address is RENAISSANCE HOUSE 12 CROW LANE, PEMBROKE D0, HM 19. The insurance provider can be reached via phone at 441-295-4513 or via email at [email protected]


MarketBeat Community Rating for RenaissanceRe (NYSE RNR)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  648
MarketBeat's community ratings are surveys of what our community members think about RenaissanceRe and other stocks. Vote "Outperform" if you believe RNR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RNR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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