Log in

RenaissanceRe Stock Price, News & Analysis (NYSE:RNR)

$189.97
-0.30 (-0.16 %)
(As of 10/18/2019 05:28 AM ET)
Today's Range
$189.95
Now: $189.97
$192.03
50-Day Range
$177.33
MA: $188.98
$194.18
52-Week Range
$118.28
Now: $189.97
$195.18
Volume231,600 shs
Average Volume272,690 shs
Market Capitalization$8.39 billion
P/E Ratio20.72
Dividend Yield0.71%
Beta0.31
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. Read More…

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$2.07 billion
Cash Flow$9.03 per share
Book Value$109.15 per share

Profitability

Net Income$227.36 million

Miscellaneous

EmployeesN/A
Market Cap$8.39 billion
Next Earnings Date10/29/2019 (Confirmed)
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

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 Tuesday, July 30th. Investors of record on Friday, September 13th will be paid a dividend of $0.34 per share on Monday, September 30th. This represents a $1.36 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Thursday, September 12th. View RenaissanceRe's Dividend History.

How will RenaissanceRe's stock buyback program work?

RenaissanceRe declared that its Board of Directors has approved a share repurchase program on Monday, November 13th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were RenaissanceRe's earnings last quarter?

RenaissanceRe Holdings Ltd. (NYSE:RNR) released its quarterly earnings results on Tuesday, July, 23rd. The insurance provider reported $4.78 EPS for the quarter, beating the consensus estimate of $3.58 by $1.20. The insurance provider earned $1.02 billion during the quarter, compared to analysts' expectations of $824.40 million. RenaissanceRe had a return on equity of 8.87% and a net margin of 19.47%. The business's revenue for the quarter was up 69.2% on a year-over-year basis. During the same quarter last year, the business earned $5.23 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, October 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 Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for RNR?

9 Wall Street analysts have issued twelve-month target prices for RenaissanceRe's stock. Their forecasts range from $144.00 to $193.00. On average, they expect RenaissanceRe's stock price to reach $170.44 in the next year. This suggests that the stock has a possible downside of 10.3%. 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, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RenaissanceRe.

Has RenaissanceRe been receiving favorable news coverage?

Headlines about RNR stock have trended somewhat negative on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. RenaissanceRe earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for RenaissanceRe.

Are investors shorting RenaissanceRe?

RenaissanceRe saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 805,500 shares, a drop of 14.7% from the August 30th total of 944,600 shares. Based on an average daily trading volume, of 300,200 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.9% of the company's stock 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 SAP (SAP), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Exxon Mobil (XOM), Advanced Micro Devices (AMD), UnitedHealth Group (UNH), Intel (INTC), Alibaba Group (BABA) and Walt Disney (DIS).

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 a number of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.20%), Robeco Institutional Asset Management B.V. (0.18%), Gateway Investment Advisers LLC (0.06%), Bowling Portfolio Management LLC (0.04%), Envestnet Asset Management Inc. (0.04%) and Cambiar Investors LLC (0.03%). 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 Moon Capital Management LLC, State of Alaska Department of Revenue, Cambiar Investors LLC and Wedbush Securities Inc.. Company insiders that have sold RenaissanceRe company stock in the last year include Aditya Dutt, Henry Klehm III, Ian D Branagan, Jonathan Paradine, Kevin Odonnell, Ross Curtis and Sean G Brosnan. View Insider Buying and Selling for RenaissanceRe.

Which institutional investors are buying RenaissanceRe stock?

RNR stock was acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Robeco Institutional Asset Management B.V., Bowling Portfolio Management LLC, Navellier & Associates Inc, Nisa Investment Advisors LLC, Envestnet Asset Management Inc., Dalton Greiner Hartman Maher & Co. and Sumitomo Mitsui DS Asset Management Company Ltd. 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, Robinhood, Fidelity and Charles Schwab.

What is RenaissanceRe's stock price today?

One share of RNR stock can currently be purchased for approximately $189.97.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $8.39 billion and generates $2.07 billion in revenue each year. The insurance provider earns $227.36 million in net income (profit) each year or $9.17 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:  294 (Vote Outperform)
Underperform Votes:  487 (Vote Underperform)
Total Votes:  781
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 10/18/2019 by MarketBeat.com Staff

Featured Article: How mutual funds make money

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