Financial Services -
Insurance - Reinsurance - NYSE - BM
$ 242.69
-2.42 %
$ 11.9 B
Market Cap
6.67
P/E
1. INTRINSIC VALUE
Balance Sheet
RenaissanceRe Holdings Ltd.
| Current Assets | 1.68 B |
| Cash & Short-Term Investments | 1.68 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.41 B |
| Long-Term Investments | 28.1 B |
| PP&E | 0 |
| Other Non-Current Assets | -26.7 B |
| Current Liabilities | 2.96 B |
| Accounts Payable | 2.8 B |
| Short-Term Debt | 0 |
| Other Current Liabilities | 151 M |
| Non-Current Liabilities | 1.89 B |
| Long-Term Debt | 1.89 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
RenaissanceRe Holdings Ltd.
| Revenue | 11.6 B |
| Cost Of Revenue | 0 |
| Gross Profit | 11.6 B |
| Operating Expenses | 8.65 B |
| Operating Income | 2.99 B |
| Other Expenses | 32.6 M |
| Net Income | 2.96 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
RenaissanceRe Holdings Ltd.
| Net Income | 2.96 B |
| Depreciation & Amortization | 258 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 966 M |
| Others | 92.5 M |
| Free Cash Flow | 4.16 B |
Wall Street Analysts Price Targets
RenaissanceRe Holdings Ltd.
Wall Street analysts predict an average 1-year price target for RNR of $287 , with forecasts ranging from
a
low of
$229 to a high of $391 .
RNR Lowest Price Target
Wall Street Target
229 USD
-5.64%
RNR Average Price Target
Wall Street Target
287 USD
18.32%
RNR Highest Price Target
Wall Street Target
391 USD
61.11%
4. DIVIDEND
ANALYSIS
0.23%
DIVIDEND YIELD
0.4 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
RenaissanceRe Holdings Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
964 K USD 2
6-9 MONTHS
929 K USD 1
9-12 MONTHS
1.24 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
RenaissanceRe (RNR) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for RenaissanceRe (RNR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
zacks.com
- 1 week ago
Earnings Preview: RenaissanceRe (RNR) Q1 Earnings Expected to Decline
RenaissanceRe (RNR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
RenaissanceRe Schedules First Quarter 2025 Financial Results Conference Call
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, April 24, 2025, at 10:00 a.m. ET to discuss its financial results for the first quarter of 2025, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Wednesday, April 23, 2025. A live webcast of the conference call will be available through the Investors section of Ren.
businesswire.com
- 1 month ago
RenaissanceRe Expands Cat Bond Business With $340M Medici UCITS Fund
This new fund aligns with RNR's broader strategy of expanding globally, diversifying capital sources and strengthening its investment platform.
zacks.com
- 1 month ago
RenaissanceRe Launches New Property Catastrophe Bond Fund - Medici UCITS
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced the launch of a new Irish domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund, a sub-fund of RenaissanceRe Medici ICAV (“Medici UCITS”). Medici UCITS is purpose-built to provide European and other global investors with access to RenaissanceRe's successful catastrophe bond investment strategy through a dedicated European-regulated UCITS structure. R.
businesswire.com
- 1 month ago
RenaissanceRe Holdings Ltd. Announces Pricing of $300 Million Senior Notes Offering by Joint Venture, DaVinciRe Holdings Ltd.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the “Company”) announced today that its joint venture, DaVinciRe Holdings Ltd. (“DaVinci”), has agreed to sell in a private debt offering $300 million aggregate principal amount of 5.950% Senior Notes due 2035. The offering is expected to close on or about March 5, 2025, subject to the satisfaction of customary closing conditions. DaVinci intends to use the net proceeds from the offering for general c.
businesswire.com
- 2 months ago
RenaissanceRe Holdings Ltd. Announces Pricing of $500 Million Senior Notes Offering
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the “Company”) announced today that it has agreed to sell in an underwritten public offering $500 million aggregate principal amount of 5.800% Senior Notes due 2035. The Company expects to close the offering on or about February 25, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes, which may.
businesswire.com
- 2 months ago
RenaissanceRe Holdings Ltd. Announces Thirtieth Consecutive Annual Increase in Quarterly Dividend and Renewal of Share Repurchase Program
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company's quarterly dividend to $0.40 per common share, from $0.39 per common share. The Company has increased its dividend during each of the thirty years since its initial public offering. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025. In addition, the Board of Directors approved a renewal of RenaissanceRe's authorized share.
businesswire.com
- 2 months ago
RenaissanceRe Q4 Earnings Beat on Premium Growth in Property Unit
RNR's Q4 results benefit from account renewals as a result of the Validus buyout and higher yields from the fixed maturity portfolio, partly offset by an increase in claim expenses.
zacks.com
- 3 months ago
RenaissanceRe: A Solid Q4 Though Wildfires Will Weigh On 2025
RenaissanceRe Holdings shares gained 21% over the past year but fell 10% recently due to concerns about hurricane and wildfire losses. Despite strong earnings, RNR's performance lagged the market, and ongoing catastrophe risks justify maintaining a "hold" rating. 2024's catastrophe losses were higher but normalized, and 2025 is expected to be worse due to California wildfires.
seekingalpha.com
- 3 months ago
Compared to Estimates, RenaissanceRe (RNR) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for RenaissanceRe (RNR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 months ago
RenaissanceRe (RNR) Surpasses Q4 Earnings Estimates
RenaissanceRe (RNR) came out with quarterly earnings of $8.06 per share, beating the Zacks Consensus Estimate of $7.61 per share. This compares to earnings of $11.77 per share a year ago.
zacks.com
- 3 months ago
8. Profile
Summary
RenaissanceRe Holdings Ltd. RNR
COUNTRY
BM
INDUSTRY
Insurance - Reinsurance
MARKET CAP
$ 11.9 B
Dividend Yield
0.23%
Description
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 hurricanes, earthquakes, typhoons, 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, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
Contact
Renaissance House, Pembroke, HM 19
https://www.renre.com
IPO
Date
July 27, 1995
Employees
945
Officers
Mr. Sean G. Brosnan C.F.A.
Chief Investment Officer
Mr. Keith Alfred McCue
Senior Vice President of Finance & Investor Relations
Mr. Kevin Joseph O'Donnell
President, Chief Executive Officer & Director
Mr. Blythe Walker
Chief Technology Officer
Ms. Keil Gunther
Senior Vice President, Head of Global Marketing & Client Communications
Mr. James Christopher Fraser
Senior Vice President & Chief Accounting Officer
Mr. Ross Arthur Curtis
Executive Vice President & Chief Portfolio Officer
Mr. Robert Qutub CPA
Executive Vice President & Chief Financial Officer
Ms. Shannon Lowry Bender
Executive Vice President, Group General Counsel & Corporate Secretary
Mr. David Edward Marra
Executive Vice President & Group Chief Underwriting Officer