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

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

RenaissanceRe declared a quarterly dividend on Thursday, February 7th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.34 per share on Friday, March 29th. This represents a $1.36 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from RenaissanceRe's previous quarterly dividend of $0.33. View RenaissanceRe's Dividend History.

RenaissanceRe declared that its Board of Directors has initiated a share buyback program on Monday, November 13th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

RenaissanceRe Holdings Ltd. (NYSE:RNR) issued its earnings results on Tuesday, January, 29th. The insurance provider reported $0.02 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($1.93) by $1.95. The insurance provider earned $633.44 million during the quarter, compared to the consensus estimate of $545.60 million. RenaissanceRe had a net margin of 10.96% and a return on equity of 9.18%. View RenaissanceRe's Earnings History.

RenaissanceRe is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for RenaissanceRe.

9 analysts have issued 12-month price targets for RenaissanceRe's stock. Their forecasts range from $125.00 to $168.00. On average, they expect RenaissanceRe's share price to reach $143.5556 in the next year. This suggests a possible upside of 0.9% from the stock's current price. 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, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RenaissanceRe.

Press coverage about RNR stock has been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RenaissanceRe earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the immediate future.

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

RenaissanceRe's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.17%), Boston Partners (3.33%), Lord Abbett & CO. LLC (1.86%), Dimensional Fund Advisors LP (1.84%), Victory Capital Management Inc. (1.78%) and Polar Capital LLP (1.23%). Company insiders that own RenaissanceRe stock include Henry Klehm III, Jonathan Paradine, 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 Royal London Asset Management Ltd., ARGA Investment Management LP, Bessemer Group Inc., Los Angeles Capital Management & Equity Research Inc., Monarch Partners Asset Management LLC, Lord Abbett & CO. LLC, Dimensional Fund Advisors LP and New York State Common Retirement Fund. Company insiders that have sold RenaissanceRe company stock in the last year include Henry Klehm III, Jonathan Paradine and Sean G Brosnan. View Insider Buying and Selling for RenaissanceRe.

RNR stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Diamond Hill Capital Management Inc., BlackRock Inc., Philadelphia Financial Management of San Francisco LLC, California Public Employees Retirement System, Geode Capital Management LLC, Westpac Banking Corp and Rhumbline Advisers. 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 $142.23.

RenaissanceRe has a market capitalization of $6.00 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. 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]