Home » Stocks » RNR

RenaissanceRe Holdings Ltd. (RNR)

Stock Price: $171.15 USD -0.29 (-0.17%)
Updated November 27, 12:59 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 8.70B
Revenue (ttm) 4.88B
Net Income (ttm) 575.44M
Shares Out 50.81M
EPS (ttm) 12.47
PE Ratio 13.72
Forward PE 11.47
Dividend $1.40
Dividend Yield 0.82%

Stock Quote

Trading Day November 27
Last Price $171.15
Previous Close $171.44
Change ($) -0.29
Change (%) -0.17%
Day's Open 170.98
Day's Range 169.06 - 172.56
Day's Volume 87,271
52-Week Range 113.27 - 202.68

More Stats

Market Cap 8.70B
Enterprise Value 8.54B
Earnings Date (est) Feb 2, 2021
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 50.81M
Float 50.01M
EPS (basic) 12.43
EPS (diluted) 12.47
FCF / Share 43.00
Dividend $1.40
Dividend Yield 0.82%
Earnings Yield 7.29%
FCF Yield 25.33%
Payout Ratio 11.20%
Shares Short 435,308
Short Ratio 1.68
Short % of Float 0.87%
Beta 0.48
PE Ratio 13.72
Forward PE 11.47
P/FCF Ratio 3.95
PS Ratio 1.78
PB Ratio 1.29
Revenue 4.88B
Operating Income 905.20M
Net Income 575.44M
Free Cash Flow 2.20B
Net Cash 151.64M
Net Cash / Share 2.98
Gross Margin 27.62%
Operating Margin 18.54%
Profit Margin 11.80%
FCF Margin 45.11%
ROA 2.01%
ROE 8.63%
ROIC 2.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (11)

Buy 3
Overweight 0
Hold 7
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$190.89*
(11.53% upside)
Low
160
Current: $171.15
High
229
Target: 190.89
*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 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.