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.
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Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
Phone441-295-4513
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.07 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/29/2019 (Estimated)
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 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 has initiated a share repurchase program on Monday, November 13th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are 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 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.58 by $1.20. The insurance provider had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $824.40 million. RenaissanceRe had a net margin of 19.47% and a return on equity of 8.87%. The firm's quarterly revenue was up 69.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.23 earnings per share. View RenaissanceRe's Earnings History.
When is RenaissanceRe's next earnings date?
What price target have analysts set for RNR?
10 Wall Street analysts have issued 1-year target prices for RenaissanceRe's stock. Their forecasts range from $144.00 to $193.00. On average, they anticipate RenaissanceRe's share price to reach $168.40 in the next twelve months. This suggests that the stock has a possible downside of 11.2%. 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?
Press coverage about RNR stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RenaissanceRe earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for RenaissanceRe.
Who are some of RenaissanceRe's key competitors?
Some companies that are related to RenaissanceRe include Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Cincinnati Financial (CINF), 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), Axis Capital (AXS), Hanover Insurance Group (THG) and Kemper (KMPR).
What other stocks do shareholders of RenaissanceRe own?
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 investors include BlackRock Inc. (12.77%), Vanguard Group Inc. (10.37%), Janus Henderson Group PLC (3.01%), Janus Henderson Group PLC (3.01%), Renaissance Technologies LLC (2.38%) and TimesSquare Capital Management LLC (1.94%). 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 Victory Capital Management Inc., Janus Henderson Group PLC, Janus Henderson Group PLC, Renaissance Technologies LLC, TimesSquare Capital Management LLC, First Trust Advisors LP, Bank of New York Mellon Corp and Russell Investments Group Ltd.. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Point72 Asset Management L.P., JPMorgan Chase & Co., Nuveen Asset Management LLC, Vanguard Group Inc., Bank of America Corp DE and Bogle Investment Management L P 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, Scottrade, Fidelity and Charles Schwab.
What is RenaissanceRe's stock price today?
One share of RNR stock can currently be purchased for approximately $189.73.
How big of a company is RenaissanceRe?
RenaissanceRe has a market capitalization of $8.38 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?
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)
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.
