
RenaissanceRe Holdings Ltd. (NYSE:RNR – Free Report) – Research analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of RenaissanceRe in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst N. Iacoviello expects that the insurance provider will post earnings of $40.00 per share for the year. The consensus estimate for RenaissanceRe’s current full-year earnings is $40.02 per share. DOWLING & PARTN also issued estimates for RenaissanceRe’s FY2027 earnings at $43.00 EPS.
A number of other brokerages have also recently issued reports on RNR. Wells Fargo & Company upped their target price on RenaissanceRe from $305.00 to $306.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Wall Street Zen cut RenaissanceRe from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings raised RenaissanceRe from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday. Morgan Stanley cut RenaissanceRe from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a research report on Thursday, February 26th. Finally, Mizuho set a $325.00 target price on RenaissanceRe in a research report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, RenaissanceRe presently has a consensus rating of “Hold” and an average price target of $322.93.
RenaissanceRe Price Performance
Shares of NYSE:RNR opened at $285.77 on Friday. RenaissanceRe has a fifty-two week low of $231.17 and a fifty-two week high of $318.20. The business has a 50-day moving average of $300.80 and a two-hundred day moving average of $287.79. The stock has a market capitalization of $12.18 billion, a P/E ratio of 4.76, a P/E/G ratio of 0.76 and a beta of 0.22. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.37 and a quick ratio of 1.37.
RenaissanceRe (NYSE:RNR – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The insurance provider reported $13.75 EPS for the quarter. RenaissanceRe had a return on equity of 24.01% and a net margin of 24.25%.The business had revenue of $2.19 billion during the quarter.
RenaissanceRe Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, June 15th. RenaissanceRe’s payout ratio is currently 2.73%.
Hedge Funds Weigh In On RenaissanceRe
Several institutional investors and hedge funds have recently added to or reduced their stakes in RNR. SBI Securities Co. Ltd. increased its holdings in RenaissanceRe by 33.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 147 shares of the insurance provider’s stock worth $41,000 after purchasing an additional 37 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in RenaissanceRe by 20.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 230 shares of the insurance provider’s stock worth $65,000 after purchasing an additional 39 shares in the last quarter. AMG National Trust Bank increased its holdings in RenaissanceRe by 0.7% in the third quarter. AMG National Trust Bank now owns 5,787 shares of the insurance provider’s stock worth $1,469,000 after purchasing an additional 40 shares in the last quarter. Beacon Pointe Advisors LLC increased its holdings in RenaissanceRe by 2.2% in the fourth quarter. Beacon Pointe Advisors LLC now owns 1,857 shares of the insurance provider’s stock worth $522,000 after purchasing an additional 40 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in RenaissanceRe by 8.9% in the fourth quarter. Signaturefd LLC now owns 504 shares of the insurance provider’s stock worth $142,000 after purchasing an additional 41 shares in the last quarter. 99.97% of the stock is currently owned by institutional investors.
About RenaissanceRe
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.
The company operates through two primary segments: Reinsurance and Insurance.
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