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

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$120.82 -0.58 (-0.48 %)
(As of 11/13/2018 04:00 PM ET)
Previous Close$121.40
Today's Range$120.68 - $123.13
52-Week Range$116.50 - $142.56
Volume171,600 shs
Average Volume291,228 shs
Market Capitalization$5.03 billion
P/E Ratio-14.47
Dividend Yield1.06%
Beta0.65
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance coverages in the United States and internationally. Its 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, such as 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, including proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance. The company's Casualty and Specialty segment writes various classes of products, such as directors and officers, and medical malpractice; automobile liability, casualty clash, employer's liability, umbrella or excess casualty, and workers' compensation; financial guaranty, mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. This segment also offers a range of casualty insurance products through Syndicate 1458, including general liability, medical malpractice, and professional liability. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
Current SymbolNYSE:RNR
Previous Symbol
CUSIPG7496G10
Phone441-295-4513

Debt

Debt-to-Equity Ratio0.23
Current Ratio1.67
Quick Ratio1.67

Price-To-Earnings

Trailing P/E Ratio-14.47
Forward P/E Ratio11.82
P/E Growth1.22

Sales & Book Value

Annual Sales$2.10 billion
Price / Sales2.31
Cash FlowN/A
Price / CashN/A
Book Value$99.71 per share
Price / Book1.21

Profitability

EPS (Most Recent Fiscal Year)($8.35)
Net Income$-222,380,000.00
Net Margins15.07%
Return on Equity10.52%
Return on Assets2.66%

Miscellaneous

Employees384
Outstanding Shares40,270,000
Market Cap$5.03 billion
OptionableOptionable

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 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.

How will RenaissanceRe's stock buyback program work?

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.

How were RenaissanceRe's earnings last quarter?

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.

When is RenaissanceRe's next earnings date?

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

What price target have analysts set for RNR?

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.

What is the consensus analysts' recommendation 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.

Has RenaissanceRe been receiving favorable news coverage?

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.

Who are some of RenaissanceRe's key competitors?

Who are RenaissanceRe's key executives?

RenaissanceRe's management team includes the folowing people:
  • Mr. Kevin Joseph O'Donnell, Pres, CEO & Director (Age 51)
  • Mr. Robert Qutub, Exec. VP & CFO (Age 56)
  • Mr. Stephen Howard Weinstein, Sr. VP, Chief Compliance Officer, Group Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Ross Arthur Curtis, Sr. VP & Group Chief Underwriting Officer (Age 45)
  • Mr. Ian D. Branagan, Sr. VP & Group Chief Risk Officer (Age 50)

Who are RenaissanceRe's major shareholders?

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.

Which major investors are selling RenaissanceRe stock?

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.

Which major investors are buying RenaissanceRe stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is RenaissanceRe's stock price today?

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

How big of a company is RenaissanceRe?

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.

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:  1.8 out of 5 (star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  679
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 11/13/2018 by MarketBeat.com Staff

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