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RenaissanceRe (RNR) Competitors

$224.27
-1.67 (-0.74%)
(As of 06/21/2024 ET)

RNR vs. RGA, ESGR, GLRE, MHLD, ALL, ACGL, HIG, WRB, MKL, and CINF

Should you be buying RenaissanceRe stock or one of its competitors? The main competitors of RenaissanceRe include Reinsurance Group of America (RGA), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD), Allstate (ALL), Arch Capital Group (ACGL), The Hartford Financial Services Group (HIG), W. R. Berkley (WRB), Markel Group (MKL), and Cincinnati Financial (CINF).

RenaissanceRe vs.

Reinsurance Group of America (NYSE:RGA) and RenaissanceRe (NYSE:RNR) are both large-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, earnings, valuation, profitability, institutional ownership and community ranking.

Reinsurance Group of America pays an annual dividend of $3.40 per share and has a dividend yield of 1.6%. RenaissanceRe pays an annual dividend of $1.56 per share and has a dividend yield of 0.7%. Reinsurance Group of America pays out 26.4% of its earnings in the form of a dividend. RenaissanceRe pays out 3.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Reinsurance Group of America has raised its dividend for 15 consecutive years and RenaissanceRe has raised its dividend for 29 consecutive years.

In the previous week, Reinsurance Group of America had 1 more articles in the media than RenaissanceRe. MarketBeat recorded 4 mentions for Reinsurance Group of America and 3 mentions for RenaissanceRe. Reinsurance Group of America's average media sentiment score of 1.60 beat RenaissanceRe's score of 0.95 indicating that RenaissanceRe is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Reinsurance Group of America
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
RenaissanceRe
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

RenaissanceRe received 25 more outperform votes than Reinsurance Group of America when rated by MarketBeat users. However, 51.82% of users gave Reinsurance Group of America an outperform vote while only 51.54% of users gave RenaissanceRe an outperform vote.

CompanyUnderperformOutperform
Reinsurance Group of AmericaOutperform Votes
327
51.82%
Underperform Votes
304
48.18%
RenaissanceReOutperform Votes
352
51.54%
Underperform Votes
331
48.46%

Reinsurance Group of America presently has a consensus price target of $211.00, indicating a potential upside of 1.83%. RenaissanceRe has a consensus price target of $249.00, indicating a potential upside of 11.03%. Given Reinsurance Group of America's higher probable upside, analysts plainly believe RenaissanceRe is more favorable than Reinsurance Group of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Reinsurance Group of America
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
RenaissanceRe
1 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33

95.1% of Reinsurance Group of America shares are held by institutional investors. Comparatively, 100.0% of RenaissanceRe shares are held by institutional investors. 1.4% of Reinsurance Group of America shares are held by insiders. Comparatively, 1.3% of RenaissanceRe shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Reinsurance Group of America has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.38, suggesting that its stock price is 62% less volatile than the S&P 500.

RenaissanceRe has a net margin of 24.79% compared to RenaissanceRe's net margin of 4.16%. Reinsurance Group of America's return on equity of 27.09% beat RenaissanceRe's return on equity.

Company Net Margins Return on Equity Return on Assets
Reinsurance Group of America4.16% 15.94% 1.46%
RenaissanceRe 24.79%27.09%4.64%

RenaissanceRe has lower revenue, but higher earnings than Reinsurance Group of America. RenaissanceRe is trading at a lower price-to-earnings ratio than Reinsurance Group of America, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Reinsurance Group of America$18.57B0.73$902M$12.8716.10
RenaissanceRe$9.48B1.25$2.56B$45.264.96

Summary

RenaissanceRe beats Reinsurance Group of America on 12 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RNR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNR vs. The Competition

MetricRenaissanceReFire, marine, & casualty insurance IndustryFinance SectorNYSE Exchange
Market Cap$11.86B$38.92B$9.48B$17.73B
Dividend Yield0.69%5.34%10.49%3.62%
P/E Ratio4.9613.0241.5421.89
Price / Sales1.251.45233.5714.41
Price / Cash6.8416.7028.2519.18
Price / Book1.321.882.414.82
Net Income$2.56B$3.90B$1.01B$976.34M
7 Day Performance2.86%1.35%0.08%0.93%
1 Month Performance-3.01%-3.63%-2.12%-3.19%
1 Year Performance17.44%31.63%8.70%8.58%

RenaissanceRe Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RGA
Reinsurance Group of America
4.7044 of 5 stars
$206.39
+1.2%
$211.00
+2.2%
+44.6%$13.58B$20.47B16.043,900
ESGR
Enstar Group
2.2981 of 5 stars
$314.01
+1.6%
N/A+19.6%$4.78B$1.43B6.10805News Coverage
High Trading Volume
GLRE
Greenlight Capital Re
2.5706 of 5 stars
$13.03
-0.2%
N/A+30.6%$460.22M$667.08M4.3664Short Interest ↓
Positive News
MHLD
Maiden
0 of 5 stars
$2.00
-2.0%
N/A-0.5%$200.42M$89.23M-7.6945Positive News
ALL
Allstate
4.7749 of 5 stars
$160.06
+0.8%
$174.59
+9.1%
+49.0%$42.24B$57.09B35.3353,400Analyst Forecast
Analyst Revision
ACGL
Arch Capital Group
4.0214 of 5 stars
$100.80
+1.6%
$101.33
+0.5%
+42.0%$37.85B$13.63B7.966,400Positive News
HIG
The Hartford Financial Services Group
4.858 of 5 stars
$102.51
+1.3%
$106.24
+3.6%
+45.4%$30.32B$24.85B11.6518,700
WRB
W. R. Berkley
4.5954 of 5 stars
$80.17
+0.6%
$88.88
+10.9%
+36.7%$20.50B$12.14B14.218,329Stock Split
MKL
Markel Group
2.508 of 5 stars
$1,558.60
+0.3%
$1,520.00
-2.5%
+17.6%$20.26B$15.80B8.4221,600
CINF
Cincinnati Financial
4.4766 of 5 stars
$113.67
+0.6%
$126.00
+10.8%
+17.6%$17.80B$10.01B7.565,426Ex-Dividend

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This page (NYSE:RNR) was last updated on 6/22/2024 by MarketBeat.com Staff

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