NYSE:RNR

RenaissanceRe Stock Forecast, Price & News

$170.22
-0.26 (-0.15 %)
(As of 04/13/2021 12:53 PM ET)
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Today's Range
$169.55
Now: $170.22
$171.16
50-Day Range
$158.55
MA: $164.74
$171.00
52-Week Range
$137.90
Now: $170.22
$201.29
Volume1,084 shs
Average Volume393,678 shs
Market Capitalization$8.47 billion
P/E Ratio13.67
Dividend Yield0.85%
Beta0.45
RenaissanceRe Holdings Ltd. 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 retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, and other windstorms, as well as claims arising from other natural and man-made catastrophes comprising tsunamis, winter storms, freezes, floods, fires, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. It distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
RenaissanceRe logo

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
CUSIPG7496G10
Phone441-295-4513
Employees604
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.20 billion
Cash Flow$8.79 per share
Book Value$120.53 per share

Profitability

Net Income$748.80 million

Miscellaneous

Market Cap$8.47 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Reviewing RenaissanceRe (NYSE:RNR) & ProAssurance (NYSE:PRA)
April 4, 2021 |  americanbankingnews.com
RenaissanceRe (NYSE:RNR) Price Target Raised to $195.00
March 30, 2021 |  americanbankingnews.com
Is RNR Stock A Buy or Sell? - Yahoo Finance
March 29, 2021 |  finance.yahoo.com
Is RNR Stock A Buy or Sell?
March 29, 2021 |  finance.yahoo.com
Looking Into RenaissanceRe's Return On Capital Employed
March 24, 2021 |  finance.yahoo.com
3 Stocks Trading Near the GF Value Line - Yahoo Finance
March 21, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.14 out of 5 stars

Finance Sector

112th out of 1,950 stocks

Fire, Marine, & Casualty Insurance Industry

15th out of 90 stocks

Analyst Opinion: 1.1Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -
$170.22
-0.26 (-0.15 %)
(As of 04/13/2021 12:53 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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RenaissanceRe (NYSE:RNR) Frequently Asked Questions

Is RenaissanceRe a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RenaissanceRe in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RenaissanceRe stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNR, but not buy additional shares or sell existing shares.
View analyst ratings for RenaissanceRe
or view top-rated stocks.

What stocks does MarketBeat like better than RenaissanceRe?

Wall Street analysts have given RenaissanceRe a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but RenaissanceRe wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting RenaissanceRe?

RenaissanceRe saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 643,100 shares, a decrease of 16.5% from the February 28th total of 770,500 shares. Based on an average daily volume of 381,600 shares, the days-to-cover ratio is currently 1.7 days.
View RenaissanceRe's Short Interest
.

When is RenaissanceRe's next earnings date?

RenaissanceRe is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for RenaissanceRe
.

How can I listen to RenaissanceRe's earnings call?

RenaissanceRe will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were RenaissanceRe's earnings last quarter?

RenaissanceRe Holdings Ltd. (NYSE:RNR) released its earnings results on Monday, January, 25th. The insurance provider reported ($1.59) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.15) by $0.56. The insurance provider had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $858.74 million. RenaissanceRe had a trailing twelve-month return on equity of 2.44% and a net margin of 12.46%. During the same quarter in the previous year, the business posted $0.77 earnings per share.
View RenaissanceRe's earnings history
.

How has RenaissanceRe's stock been impacted by Coronavirus (COVID-19)?

RenaissanceRe's stock was trading at $155.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RNR shares have increased by 9.0% and is now trading at $170.06.
View which stocks have been most impacted by COVID-19
.

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

RenaissanceRe declared a quarterly dividend on Monday, February 8th. Investors of record on Monday, March 15th will be paid a dividend of $0.36 per share on Wednesday, March 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Friday, March 12th. This is a boost from RenaissanceRe's previous quarterly dividend of $0.35.
View RenaissanceRe's dividend history
.

Is RenaissanceRe a good dividend stock?

RenaissanceRe pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.85%. RenaissanceRe does not yet have a strock track record of dividend growth. The dividend payout ratio of RenaissanceRe is 15.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RenaissanceRe will have a dividend payout ratio of 10.03% next year. This indicates that RenaissanceRe will be able to sustain or increase its dividend.
View RenaissanceRe's dividend history.

What price target have analysts set for RNR?

6 equities research analysts have issued 1 year price objectives for RenaissanceRe's shares. Their forecasts range from $158.00 to $220.00. On average, they expect RenaissanceRe's share price to reach $186.67 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for RenaissanceRe
or view top-rated stocks among Wall Street analysts.

Who are RenaissanceRe's key executives?

RenaissanceRe's management team includes the following people:
  • Mr. Kevin Joseph O'Donnell, Pres, CEO & Director (Age 54, Pay $4.88M)
  • Mr. Robert Qutub, Exec. VP & CFO (Age 59, Pay $1.96M)
  • Mr. Stephen Howard Weinstein, Advisor (Age 52, Pay $1.63M)
  • Mr. Ross Arthur Curtis, Exec. VP & Group Chief Underwriting Officer (Age 48, Pay $1.85M)
  • Mr. Ian D. Branagan, Exec. VP & Group Chief Risk Officer (Age 53, Pay $1.73M)
  • Mr. Sean G. Brosnan, Chief Investment Officer & Sr. VP (Age 45)
  • Mr. James Christopher Fraser, Chief Accounting Officer & Sr. VP (Age 45)
  • Mr. Blythe Walker, Sr. VP & CTO
  • Mr. Keith Alfred McCue, Sr. VP of Fin. & Investor Relations
  • Ms. Shannon L. Bender, Sr. VP, Group Gen. Counsel & Corp. Sec. (Age 54)

What is Neill A. Currie's approval rating as RenaissanceRe's CEO?

6 employees have rated RenaissanceRe CEO Neill A. Currie on Glassdoor.com. Neill A. Currie has an approval rating of 100% among RenaissanceRe's employees. This puts Neill A. Currie in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of RenaissanceRe's key competitors?

What other stocks do shareholders of RenaissanceRe own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RenaissanceRe investors own include Advanced Micro Devices (AMD), Xilinx (XLNX), Exxon Mobil (XOM), The Home Depot (HD), Verizon Communications (VZ), Bank of America (BAC), Keysight Technologies (KEYS), NVIDIA (NVDA), Fortinet (FTNT) and Intel (INTC).

What is RenaissanceRe's stock symbol?

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

Who are RenaissanceRe's major shareholders?

RenaissanceRe's stock is owned by a variety of institutional and retail investors. Top institutional investors include PhiloSmith Capital Corp (0.17%), CHICAGO TRUST Co NA (0.02%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%), Dalton Greiner Hartman Maher & Co. (0.01%) and First Hawaiian Bank (0.01%). Company insiders that own RenaissanceRe stock include Aditya Dutt, Ian D Branagan, Jonathan Paradine, Kevin Odonnell, Ross Curtis and Sean G Brosnan.
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 Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, Pacer Advisors Inc., and First Hawaiian Bank.
View insider buying and selling activity for RenaissanceRe
or view top insider-selling stocks.

Which major investors are buying RenaissanceRe stock?

RNR stock was purchased by a variety of institutional investors in the last quarter, including PhiloSmith Capital Corp, and CHICAGO TRUST Co NA.
View insider buying and selling activity for RenaissanceRe
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RenaissanceRe's stock price today?

One share of RNR stock can currently be purchased for approximately $170.06.

How much money does RenaissanceRe make?

RenaissanceRe has a market capitalization of $8.46 billion and generates $4.20 billion in revenue each year. The insurance provider earns $748.80 million in net income (profit) each year or $9.13 on an earnings per share basis.

How many employees does RenaissanceRe have?

RenaissanceRe employs 604 workers across the globe.

What is RenaissanceRe's official website?

The official website for RenaissanceRe is www.renre.com.

Where are RenaissanceRe's headquarters?

RenaissanceRe is headquartered at RENAISSANCE HOUSE 12 CROW LANE, PEMBROKE D0, HM 19.

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]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
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