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

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

RenaissanceRe announced a quarterly dividend on Friday, November 9th. Shareholders 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 1.09%. The ex-dividend date of this dividend is Thursday, December 13th. View RenaissanceRe's Dividend History.

RenaissanceRe declared that its board has approved a share repurchase plan on Monday, November 13th 2017, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

RenaissanceRe Holdings Ltd. (NYSE:RNR) issued its quarterly earnings results on Tuesday, October, 30th. The insurance provider reported $0.52 EPS for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.42. The insurance provider earned $453.30 million during 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%. The company's revenue was down 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($13.81) EPS. View RenaissanceRe's Earnings History.

RenaissanceRe is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for RenaissanceRe.

5 analysts have issued 1-year target prices for RenaissanceRe's shares. Their predictions range from $125.00 to $160.00. On average, they anticipate RenaissanceRe's stock price to reach $143.80 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for RenaissanceRe.

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

News articles about RNR stock have trended neutral on Tuesday, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. RenaissanceRe earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Some companies that are related to RenaissanceRe include Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Loews (L), Markel (MKL), Cincinnati Financial (CINF), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cna Financial (CNA), Arch Capital Group (ACGL), W. R. Berkley (WRB), American Financial Group (AFG), Alleghany (Y), Everest Re Group (RE), Kemper (KMPR), Axis Capital (AXS) and Hanover Insurance Group (THG).

RenaissanceRe's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.68%), Janus Henderson Group PLC (4.18%), Dimensional Fund Advisors LP (2.05%), Victory Capital Management Inc. (1.79%), Royal London Asset Management Ltd. (1.40%) and Russell Investments Group Ltd. (1.19%). Company insiders that own RenaissanceRe stock include Henry Klehm III, Ian D Branagan, Kevin Odonnell, Rider Fonner Todd, Ross Curtis, Sean G Brosnan and Stephen Howard Weinstein. View Institutional Ownership Trends for RenaissanceRe.

RNR stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., ARGA Investment Management LP, Virginia Retirement Systems ET AL, Bessemer Group Inc., Mitsubishi UFJ Trust & Banking Corp, American Century Companies Inc., Swiss National Bank and First Trust Advisors LP. Company insiders that have sold RenaissanceRe company stock in the last year include Henry Klehm III, Kevin Odonnell and Sean G Brosnan. View Insider Buying and Selling for RenaissanceRe.

RNR stock was bought by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Cornerstone Wealth Management LLC, Monarch Partners Asset Management LLC, Diamond Hill Capital Management Inc., BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co. and Schroder Investment Management Group. View Insider Buying and Selling for 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.

One share of RNR stock can currently be purchased for approximately $120.82.

RenaissanceRe has a market capitalization of $5.03 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.

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

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]