Log in

NYSE:RNR - RenaissanceRe Stock Price, Forecast & News

$149.21
+0.28 (+0.19 %)
(As of 03/29/2020 02:42 AM ET)
Today's Range
$140.47
Now: $149.21
$155.75
50-Day Range
$119.71
MA: $172.69
$202.18
52-Week Range
$113.27
Now: $149.21
$202.68
Volume801,876 shs
Average Volume529,607 shs
Market Capitalization$6.59 billion
P/E Ratio9.11
Dividend Yield0.94%
Beta0.38
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.
Read More
RenaissanceRe logo

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$8.64 per share
Book Value$120.53 per share

Profitability

Net Income$748.80 million

Miscellaneous

EmployeesN/A
Market Cap$6.59 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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.


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. Since then, RNR stock has decreased by 4.3% and is now trading at $149.21. 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) released its quarterly earnings results on Tuesday, February, 4th. The insurance provider reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.93 by $0.41. The insurance provider had revenue of $1.08 billion for the quarter, compared to analyst estimates of $517.15 million. RenaissanceRe had a return on equity of 8.46% and a net margin of 17.82%. During the same period last year, the business earned $0.02 earnings per share. View RenaissanceRe's earnings history.

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

RenaissanceRe declared 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 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend 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 analysts have issued 12-month price targets for RenaissanceRe's stock. Their forecasts range from $153.00 to $223.00. On average, they anticipate RenaissanceRe's share price to reach $191.63 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View analysts' price targets for RenaissanceRe.

Has RenaissanceRe been receiving favorable news coverage?

Headlines about RNR stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing 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 positive five, with scores closest to five being the most favorable. RenaissanceRe earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutRenaissanceRe.

Are investors shorting RenaissanceRe?

RenaissanceRe saw a increase in short interest during 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 daily volume of 296,500 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.8% of the shares of the company are sold short. 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."

Who are RenaissanceRe's major shareholders?

RenaissanceRe's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (4.74%), Capital World Investors (4.10%), Janus Henderson Group PLC (2.98%), Capital International Investors (2.17%), AQR Capital Management LLC (2.11%) and FMR LLC (1.88%). Company insiders that own RenaissanceRe stock include Aditya Dutt, Henry Klehm III, Ian D Branagan, Jonathan Paradine, Kevin Odonnell, Ross Curtis and Sean G Brosnan. View institutional ownership trends for RenaissanceRe.

Which institutional investors are selling RenaissanceRe stock?

RNR stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Janus Henderson Group PLC, Renaissance Technologies LLC, Victory Capital Management Inc., Victory Capital Management Inc., ARGA Investment Management LP, Russell Investments Group Ltd., and Goldman Sachs Group Inc.. Company insiders that have sold RenaissanceRe company stock in the last year include Aditya Dutt, Ian D Branagan, Jonathan Paradine, Kevin Odonnell, Ross Curtis, and Sean G Brosnan. View insider buying and selling activity for RenaissanceRe.

Which institutional investors are buying RenaissanceRe stock?

RNR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Alliancebernstein L.P., AQR Capital Management LLC, Assetmark Inc., Credit Suisse AG, Zweig DiMenna Associates LLC, FMR LLC, and Point72 Asset Management L.P.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is RenaissanceRe's stock price today?

One share of RNR stock can currently be purchased for approximately $149.21.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $6.59 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]


MarketBeat Community Rating for RenaissanceRe (NYSE RNR)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  336 (Vote Outperform)
Underperform Votes:  534 (Vote Underperform)
Total Votes:  870
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 3/29/2020 by MarketBeat.com Staff

Featured Article: What Are Cryptocurrencies?

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