RenaissanceRe - RNR Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RenaissanceRe in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RNR shares. 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 RNR analyst ratings or view top-rated stocks.

3 brokerages have issued twelve-month target prices for RenaissanceRe's shares. Their RNR share price forecasts range from $162.00 to $200.00. On average, they expect the company's stock price to reach $185.67 in the next year. This suggests that the stock has a possible downside of 1.2%.
View analysts price targets for RNR or view top-rated stocks among Wall Street analysts.

RenaissanceRe's stock was trading at $169.33 at the start of the year. Since then, RNR stock has increased by 10.9% and is now trading at $187.84.
View the best growth stocks for 2022 here.

RenaissanceRe saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,000,000 shares, an increase of 40.9% from the October 31st total of 709,600 shares. Based on an average trading volume of 488,200 shares, the short-interest ratio is presently 2.0 days. Currently, 2.3% of the company's stock are sold short.
View RenaissanceRe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our RNR earnings forecast.

RenaissanceRe Holdings Ltd. (NYSE:RNR) issued its quarterly earnings results on Sunday, October, 24th. The insurance provider reported ($8.98) earnings per share for the quarter, topping the consensus estimate of ($9.38) by $0.40. The insurance provider earned $1.59 billion during the quarter, compared to the consensus estimate of $1.09 billion. RenaissanceRe had a positive trailing twelve-month return on equity of 4.76% and a negative net margin of 29.35%. During the same quarter in the previous year, the business earned ($2.64) earnings per share.

RenaissanceRe declared a quarterly dividend on Wednesday, November 9th. Investors of record on Thursday, December 15th will be given a dividend of $0.37 per share on Friday, December 30th. This represents a $1.48 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for RNR.

RenaissanceRe (NYSE:RNR) pays an annual dividend of $1.48 per share and currently has a dividend yield of 0.79%.
Read our dividend analysis for RNR.

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

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), Home Depot (HD), Verizon Communications (VZ), Bank of America (BAC), Keysight Technologies (KEYS), NVIDIA (NVDA), Fortinet (FTNT) and Intel (INTC).

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

RenaissanceRe's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.34%), BlackRock Inc. (8.90%), Price T Rowe Associates Inc. MD (8.44%), State Street Corp (5.48%), Boston Partners (3.80%) and Bank of New York Mellon Corp (1.99%). Insiders that own company stock include Brian Gerald John Gray, David C Bushnell, Henry Klehm III, Ian D Branagan, James Christopher Fraser, Kevin Odonnell, Robert Qutub and Sean G Brosnan.
View institutional ownership trends.

Shares of RNR stock 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.

One share of RNR stock can currently be purchased for approximately $187.84.

RenaissanceRe (NYSE:RNR) has a market capitalization of $8.21 billion and generates $5.28 billion in revenue each year. The insurance provider earns $-40,150,000.00 in net income (profit) each year or ($31.25) on an earnings per share basis.

The company employs 649 workers across the globe.

RenaissanceRe's mailing address is RENAISSANCE HOUSE 12 CROW LANE, PEMBROKE D0, HM 19. The official website for the company is www.renre.com. The insurance provider can be reached via phone at (441) 295-4513, via email at investorrelations@renre.com, or via fax at 441-292-9453.