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RenaissanceRe Holdings Ltd. (RNR)

Stock Price: $187.84 USD -1.96 (-1.03%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 9.62B
Revenue (ttm) 4.63B
Net Income (ttm) 599.07M
Shares Out 51.22M
EPS (ttm) 12.69
PE Ratio 14.80
Forward PE 17.83
Dividend $1.40
Dividend Yield 0.75%

Stock Quote

Trading Day Aug 10, 2020
Last Price $187.84
Previous Close $189.80
Change ($) -1.96
Change (%) -1.03%
Day's Open 190.00
Day's Range 187.51 - 191.03
Day's Volume 355,686
52-Week Range 113.27 - 202.68

More Stats

Market Cap 9.62B
Enterprise Value 9.57B
Earnings Date (est) Nov 3, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 51.22M
Float 50.39M
EPS (basic) 12.32
EPS (diluted) 12.69
FCF / Share 50.19
Dividend $1.40
Dividend Yield 0.75%
Earnings Yield 6.76%
FCF Yield 22.97%
Payout Ratio 11.20%
Shares Short 858,453
Short Ratio 2.06
Short % of Float 2.18%
Beta 0.44
PE Ratio 14.80
Forward PE 17.83
P/FCF Ratio 4.35
PS Ratio 2.08
PB Ratio 1.39
Revenue 4.63B
Operating Income 954.40M
Net Income 599.07M
Free Cash Flow 2.21B
Net Cash 50.63M
Net Cash / Share 0.99
Gross Margin 29.14%
Operating Margin 20.63%
Profit Margin 12.30%
FCF Margin 47.78%
ROA 2.20%
ROE 9.04%
ROIC 2.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (11)

Buy 3
Overweight 0
Hold 7
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$190.78*
(1.57% upside)
Low
154
Current: $187.84
High
229
Target: 190.78
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue4,2022,0752,1041,7281,5151,2601,3801,4241,1411,225
Revenue Growth102.51%-1.37%21.75%14.04%20.24%-8.72%-3.08%24.8%-6.81%-
Gross Profit2,1059552421,1971,0671,0621,2091,0992801,095
Operating Income1,026310-284673533704859790-5.08814
Net Income749227-222503431533691601-57.24745
Shares Outstanding44.1540.2740.0341.1643.8538.5344.4148.1651.7954.88
Earnings Per Share16.294.91-6.1511.439.2812.6014.8711.23-1.8412.31
EPS Growth231.77%--23.17%-26.35%-15.27%32.41%---
Dividend Per Share1.361.321.281.241.201.161.121.081.041.00
Dividend Growth3.03%3.13%3.23%3.33%3.45%3.57%3.7%3.85%4%-
Operating Cash Flow2,1371,2221,026485425661796717166495
Free Cash Flow2,1371,2221,026485425661796717166495
Cash & Equivalents1,3791,1081,362421507526408304217278
Total Debt1,384991990949960250249349354549
Net Cash / Debt-5.04117372-528-454276159-45.19-137-271
Assets26,33018,67615,22612,35211,5558,2048,1797,9297,7458,138
Liabilities17,28711,5799,5386,3105,7773,2063,1753,4533,4793,441
Book Value5,9715,0454,3914,8674,7323,8663,9043,5033,6053,936
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name RenaissanceRe Holdings Ltd.
Country Bermuda
Employees 566
CEO Kevin J. O'Donnell

Stock Information

Ticker Symbol RNR
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Reinsurance
Unique Identifier NYSE: RNR
IPO Date July 26, 1995

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, and other windstorms, as well as claims arising from other natural and man-made catastrophes comprising tsunamis, winter storms, freezes, floods, fires, 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. 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. It distributes its products and services primarily through intermediaries. The company was founded in 1993 and is headquartered in Pembroke, Bermuda.