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

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

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.

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.

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.

RenaissanceRe is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for RenaissanceRe.

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.

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.

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.

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.

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.

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

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).

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.

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.

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.

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.

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

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.

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]