RenaissanceRe Holdings Ltd. (RNR)
NYSE: RNR · Real-Time Price · USD
249.37
+1.00 (0.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
RenaissanceRe Holdings Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for RNR stock have an average target of 290.09, with a low estimate of 240 and a high estimate of 391. The average target predicts an increase of 16.33% from the current stock price of 249.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RNR stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 2 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 3 | 3 | 4 | 4 | 4 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 11 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $304 → $282 | Strong Buy → Hold | Downgrades | $304 → $282 | +13.08% | Dec 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $316 → $310 | Buy | Maintains | $316 → $310 | +24.31% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $274 → $280 | Hold | Maintains | $274 → $280 | +12.28% | Nov 7, 2024 |
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $229 → $246 | Sell | Maintains | $229 → $246 | -1.35% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $267 → $274 | Hold | Maintains | $267 → $274 | +9.88% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
10.98B
Revenue Next Year
11.21B
from 10.98B
Increased by 2.01%
EPS This Year
41.88
from 52.27
Decreased by -19.87%
EPS Next Year
34.98
from 41.88
Decreased by -16.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.1B | 13.0B | 13.7B |
| Avg | 11.0B | 11.2B | 11.8B |
| Low | 9.9B | 10.2B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 18.4% | 21.9% |
| Avg | - | 2.0% | 5.1% |
| Low | - | -7.2% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 44.93 | 39.61 | 45.57 |
| Avg | 41.88 | 34.98 | 37.72 |
| Low | 38.32 | 30.92 | 33.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -14.0% | -5.4% | 30.3% |
| Avg | -19.9% | -16.5% | 7.8% |
| Low | -26.7% | -26.2% | -3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.