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

$189.31
-0.66 (-0.35 %)
(As of 10/20/2019 04:00 PM ET)
Today's Range
$189.00
Now: $189.31
$190.54
50-Day Range
$177.33
MA: $189.14
$194.18
52-Week Range
$118.28
Now: $189.31
$195.18
Volume189,246 shs
Average Volume229,050 shs
Market Capitalization$8.36 billion
P/E Ratio20.64
Dividend Yield0.72%
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$9.08 per share
Book Value$109.15 per share

Profitability

Net Income$227.36 million

Miscellaneous

EmployeesN/A
Market Cap$8.36 billion
Next Earnings Date10/29/2019 (Confirmed)
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. 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 annualized dividend 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 approved a stock buyback plan on Monday, November 13th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

How were RenaissanceRe's earnings last quarter?

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

How can I listen to RenaissanceRe's earnings call?

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.

What price target have analysts set for RNR?

9 analysts have issued 12 month target prices for RenaissanceRe's shares. Their predictions range from $144.00 to $193.00. On average, they expect RenaissanceRe's stock price to reach $170.44 in the next twelve months. This suggests that the stock has a possible downside of 10.0%. View Analyst Price Targets for RenaissanceRe.

What is the consensus analysts' recommendation 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.

Has RenaissanceRe been receiving favorable news coverage?

News articles about RNR stock have trended somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. RenaissanceRe earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for RenaissanceRe.

Are investors shorting RenaissanceRe?

RenaissanceRe saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 805,500 shares, a decrease of 14.7% from the August 30th total of 944,600 shares. Based on an average trading volume of 300,200 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the company's shares are short sold. View RenaissanceRe's Current Options Chain.

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), 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).

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 retail and institutional 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.

Which institutional investors are selling RenaissanceRe stock?

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, Zurcher Kantonalbank Zurich Cantonalbank 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.

Which institutional investors are buying RenaissanceRe stock?

RNR stock was purchased 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, Tuttle Tactical Management, Navellier & Associates Inc, Nisa Investment Advisors LLC, Envestnet Asset Management Inc. and Dalton Greiner Hartman Maher & Co.. 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 $189.31.

How big of a company is RenaissanceRe?

RenaissanceRe has a market capitalization of $8.36 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:  294 (Vote Outperform)
Underperform Votes:  487 (Vote Underperform)
Total Votes:  781
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 10/20/2019 by MarketBeat.com Staff

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