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NYSE:RNRRenaissanceRe Stock Price, Forecast & News

$141.59
-5.39 (-3.67 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$139.89
Now: $141.59
$147.17
50-Day Range
$119.71
MA: $165.60
$200.85
52-Week Range
$113.27
Now: $141.59
$202.68
Volume443,479 shs
Average Volume573,520 shs
Market Capitalization$6.25 billion
P/E Ratio8.64
Dividend Yield0.95%
Beta0.49
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 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, 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. 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 1.9Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.77 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
CUSIPG7496G10
Phone441-295-4513

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.20 billion
Cash Flow$8.31 per share
Book Value$120.53 per share

Profitability

Net Income$748.80 million

Miscellaneous

EmployeesN/A
Market Cap$6.25 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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RenaissanceRe (NYSE:RNR) Frequently Asked Questions

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

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 stock has decreased by 9.2% and is now trading at $141.59. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RenaissanceRe?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RenaissanceRe in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RenaissanceRe.

When is RenaissanceRe's next earnings date?

RenaissanceRe is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for RenaissanceRe.

How were RenaissanceRe's earnings last quarter?

RenaissanceRe Holdings Ltd. (NYSE:RNR) announced its quarterly earnings results on Tuesday, February, 4th. The insurance provider reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by $0.41. The insurance provider had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $517.15 million. RenaissanceRe had a return on equity of 8.46% and a net margin of 17.82%. During the same quarter last year, the firm earned $0.02 EPS. View RenaissanceRe's earnings history.

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

RenaissanceRe announced a quarterly dividend on Friday, February 7th. Stockholders of record on Friday, March 13th will be given a dividend of $0.35 per share on Tuesday, March 31st. This represents a $1.40 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Thursday, March 12th. This is an increase from RenaissanceRe's previous quarterly dividend of $0.34. View RenaissanceRe's dividend history.

What price target have analysts set for RNR?

8 Wall Street analysts have issued 1-year price targets for RenaissanceRe's stock. Their forecasts range from $153.00 to $200.00. On average, they expect RenaissanceRe's stock price to reach $186.50 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View analysts' price targets for RenaissanceRe.

Has RenaissanceRe been receiving favorable news coverage?

Media stories about RNR stock have trended very negative on Saturday, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. RenaissanceRe earned a news impact score of -3.3 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutRenaissanceRe.

Are investors shorting RenaissanceRe?

RenaissanceRe saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 761,000 shares, an increase of 13.5% from the February 27th total of 670,500 shares. Based on an average trading volume of 296,500 shares, the short-interest ratio is presently 2.6 days. Approximately 1.8% of the shares of the company are short sold. View RenaissanceRe's Current Options Chain.

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 Xilinx (XLNX), Verizon Communications (VZ), Home Depot (HD), Advanced Micro Devices (AMD), Exxon Mobil (XOM), Universal Display (OLED), Paycom Software (PAYC), Taiwan Semiconductor Mfg. (TSM), Zoetis (ZTS) and Arch Capital Group (ACGL).

Who are RenaissanceRe's key executives?

RenaissanceRe's management team includes the following people:
  • Mr. Kevin Joseph O'Donnell, Pres, CEO & Director (Age 52)
  • Mr. Robert Qutub, Exec. VP & CFO (Age 57)
  • Mr. Stephen Howard Weinstein, Sr. VP, Chief Compliance Officer, Group Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Ross Arthur Curtis, Sr. VP & Group Chief Underwriting Officer (Age 46)
  • Mr. Ian D. Branagan, Sr. VP & Group Chief Risk Officer (Age 51)

What is RenaissanceRe's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is RenaissanceRe's stock price today?

One share of RNR stock can currently be purchased for approximately $141.59.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $6.25 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.  View additional information about RenaissanceRe.

What is RenaissanceRe's official website?

The official website for RenaissanceRe is http://www.renre.com/.

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 4/4/2020 by MarketBeat.com Staff

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