NYSE:RNR - RenaissanceRe Stock Price, News & Analysis

$189.98
+4.50 (+2.43 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$185.01
Now: $189.98
$190.56
50-Day Range
$177.33
MA: $186.07
$190.51
52-Week Range
$118.28
Now: $189.98
$193.34
Volume257,426 shs
Average Volume278,821 shs
Market Capitalization$8.39 billion
P/E Ratio20.72
Dividend Yield0.73%
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$9.2809 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 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, July 30th. Shareholders 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 initiated a stock buyback 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 buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

How were RenaissanceRe's earnings last quarter?

RenaissanceRe Holdings Ltd. (NYSE:RNR) posted its quarterly earnings results on Tuesday, July, 23rd. The insurance provider reported $4.78 EPS for the quarter, topping analysts' consensus estimates of $3.58 by $1.20. The insurance provider had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $824.40 million. RenaissanceRe had a net margin of 19.47% and a return on equity of 8.87%. The company's quarterly revenue was up 69.2% on a year-over-year basis. During the same quarter last year, the firm posted $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.

What price target have analysts set for RNR?

10 brokers have issued 12-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 $168.40 in the next twelve months. This suggests that the stock has a possible downside of 11.4%. View Analyst Price Targets for RenaissanceRe.

What is the consensus analysts' recommendation for RenaissanceRe?

10 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RenaissanceRe.

Has RenaissanceRe been receiving favorable news coverage?

News articles about RNR stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. RenaissanceRe earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for RenaissanceRe.

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), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Micron Technology (MU), UnitedHealth Group (UNH), Walmart (WMT), Intel (INTC), Netflix (NFLX), Walt Disney (DIS) and The Coca-Cola (KO).

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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.77%), BlackRock Inc. (12.77%), Vanguard Group Inc. (10.37%), Janus Henderson Group PLC (3.01%), Janus Henderson Group PLC (3.01%) and Renaissance Technologies LLC (2.38%). 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 Boston Partners, Victory Capital Management Inc., Janus Henderson Group PLC, Janus Henderson Group PLC, Renaissance Technologies LLC, TimesSquare Capital Management LLC, First Trust Advisors LP and Bank of New York Mellon Corp. 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., AQR Capital Management LLC, Point72 Asset Management L.P., JPMorgan Chase & Co., Nuveen Asset Management LLC, Vanguard Group Inc. and Bank of America Corp DE. 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 $189.98.

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:  288 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  768
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 9/17/2019 by MarketBeat.com Staff

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