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

Sign in or create an account to add this stock to your watchlist.
$131.50 -1.66 (-1.25 %)
(As of 01/17/2019 06:00 AM ET)
Previous Close$133.16
Today's Range$130.93 - $133.00
52-Week Range$117.35 - $142.56
Volume218,989 shs
Average Volume238,126 shs
Market Capitalization$5.31 billion
P/E Ratio-15.75
Dividend Yield1.00%
Beta0.55
RenaissanceRe 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.

Receive RNR News and Ratings via Email

Sign-up to receive the latest news and ratings for RNR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Current Ratio1.67
Quick Ratio1.67

Price-To-Earnings

Sales & Book Value

Annual Sales$2.10 billion
Price / Sales2.52
Price / Cash FlowN/A
Book Value$99.71 per share
Price / Book1.32

Profitability

Net Income$-222,380,000.00
Net Margins15.07%
Return on Assets2.66%

Miscellaneous

Employees384
Market Cap$5.31 billion
OptionableOptionable

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 announced a quarterly dividend on Friday, November 9th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.33 per share on Monday, December 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Thursday, December 13th. View RenaissanceRe's Dividend History.

How will RenaissanceRe's stock buyback program work?

RenaissanceRe declared that its board has initiated a share repurchase program on Monday, November 13th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication 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 quarterly earnings data on Tuesday, October, 30th. The insurance provider reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.42. The insurance provider had revenue of $453.30 million for the quarter, compared to analysts' expectations of $416.49 million. RenaissanceRe had a net margin of 15.07% and a return on equity of 10.52%. RenaissanceRe's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($13.81) 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, January 29th 2019. View Earnings Estimates for RenaissanceRe.

How can I listen to RenaissanceRe's earnings call?

RenaissanceRe will be holding an earnings conference call on Wednesday, January 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for RNR?

9 brokerages have issued 1-year target prices for RenaissanceRe's stock. Their forecasts range from $125.00 to $168.00. On average, they anticipate RenaissanceRe's share price to reach $143.5556 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for RenaissanceRe.

What is the consensus analysts' recommendation for RenaissanceRe?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RenaissanceRe in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RenaissanceRe.

Has RenaissanceRe been receiving favorable news coverage?

Media headlines about RNR stock have been trending somewhat positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. RenaissanceRe earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave news headlines about the insurance provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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 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)

Who are RenaissanceRe's major shareholders?

RenaissanceRe's stock is owned by many different of retail and institutional investors. Top institutional investors include Retirement Systems of Alabama (0.13%), Moon Capital Management LLC (0.04%), Louisiana State Employees Retirement System (0.03%), First Hawaiian Bank (0.01%), Fox Run Management L.L.C. (0.00%) and Welch Group LLC (0.00%). Company insiders that own RenaissanceRe stock include Henry Klehm III, Jonathan Paradine, 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 First Hawaiian Bank, Moon Capital Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold RenaissanceRe company stock in the last year include Henry Klehm III, Jonathan Paradine and Sean G Brosnan. View Insider Buying and Selling for RenaissanceRe.

Which major investors are buying RenaissanceRe stock?

RNR stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Welch Group LLC and Retirement Systems of Alabama. 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 $131.50.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $5.31 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.

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]


MarketBeat Community Rating for RenaissanceRe (NYSE RNR)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  439 (Vote Underperform)
Total Votes:  696
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 1/17/2019 by MarketBeat.com Staff

Featured Article: What is a stock split?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel