RenaissanceRe Holdings Ltd. (NYSE:RNR – Free Report) – Research analysts at Zacks Research increased their Q1 2025 earnings per share estimates for shares of RenaissanceRe in a research report issued on Tuesday, November 19th. Zacks Research analyst K. Dey now anticipates that the insurance provider will post earnings per share of $10.90 for the quarter, up from their prior estimate of $10.60. The consensus estimate for RenaissanceRe’s current full-year earnings is $40.57 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2025 earnings at $11.44 EPS, FY2025 earnings at $35.25 EPS, Q1 2026 earnings at $13.17 EPS and FY2026 earnings at $41.12 EPS.
Several other analysts have also recently issued reports on the company. Barclays began coverage on RenaissanceRe in a report on Wednesday, September 4th. They issued an “equal weight” rating and a $287.00 target price for the company. Keefe, Bruyette & Woods cut their price objective on shares of RenaissanceRe from $316.00 to $310.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th. Citigroup increased their price target on shares of RenaissanceRe from $262.00 to $298.00 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Jefferies Financial Group lifted their price target on shares of RenaissanceRe from $270.00 to $314.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Finally, Bank of America increased their price objective on RenaissanceRe from $364.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $293.00.
RenaissanceRe Price Performance
NYSE:RNR opened at $271.96 on Thursday. RenaissanceRe has a one year low of $188.24 and a one year high of $300.00. The stock has a market cap of $14.13 billion, a PE ratio of 3.92, a P/E/G ratio of 1.33 and a beta of 0.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a 50 day moving average price of $268.86 and a 200 day moving average price of $244.71.
RenaissanceRe (NYSE:RNR – Get Free Report) last issued its earnings results on Wednesday, November 6th. The insurance provider reported $10.23 EPS for the quarter, beating analysts’ consensus estimates of $7.89 by $2.34. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.35 billion. RenaissanceRe had a net margin of 28.84% and a return on equity of 26.31%. The company’s quarterly revenue was up 52.1% compared to the same quarter last year. During the same period in the prior year, the business earned $8.33 earnings per share.
RenaissanceRe Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Friday, December 13th. RenaissanceRe’s payout ratio is 2.25%.
Insider Activity at RenaissanceRe
In other news, EVP David E. Marra sold 1,000 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $269.00, for a total value of $269,000.00. Following the sale, the executive vice president now directly owns 83,044 shares in the company, valued at approximately $22,338,836. This trade represents a 1.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On RenaissanceRe
Large investors have recently bought and sold shares of the stock. Acadian Asset Management LLC increased its position in shares of RenaissanceRe by 741.7% in the 1st quarter. Acadian Asset Management LLC now owns 1,111 shares of the insurance provider’s stock valued at $261,000 after purchasing an additional 979 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in RenaissanceRe by 4.5% in the first quarter. CANADA LIFE ASSURANCE Co now owns 43,168 shares of the insurance provider’s stock valued at $10,152,000 after buying an additional 1,850 shares during the last quarter. Natixis acquired a new stake in RenaissanceRe in the first quarter valued at $2,462,000. MQS Management LLC purchased a new stake in RenaissanceRe during the 1st quarter worth about $248,000. Finally, EntryPoint Capital LLC purchased a new stake in RenaissanceRe during the 1st quarter worth about $46,000. Hedge funds and other institutional investors own 99.97% of the company’s stock.
About RenaissanceRe
RenaissanceRe Holdings Ltd., together with its subsidiaries, 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 reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as 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, binding facilities, and regional U.S.
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