RenaissanceRe Holdings Ltd. (RNR)
NYSE: RNR · IEX Real-Time Price · USD
225.65
-4.24 (-1.84%)
At close: Jul 19, 2024, 4:00 PM
225.56
-0.09 (-0.04%)
After-hours: Jul 20, 2024, 12:56 PM EDT
RenaissanceRe Holdings Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for RNR stock have an average target of 253.78, with a low estimate of 218 and a high estimate of 295. The average target predicts an increase of 12.47% from the current stock price of 225.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RNR stock from 9 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $245 → $265 | Hold | Maintains | $245 → $265 | +17.44% | Jul 11, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $257 → $240 | Hold | Maintains | $257 → $240 | +6.36% | Jul 10, 2024 |
| UBS | UBS | Hold Maintains $251 → $248 | Hold | Maintains | $251 → $248 | +9.90% | Jul 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $216 → $218 | Sell | Maintains | $216 → $218 | -3.39% | May 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $237 → $245 | Hold | Maintains | $237 → $245 | +8.58% | May 1, 2024 |
Financial Forecast
Revenue This Year
10.74B
from 9.13B
Increased by 17.59%
Revenue Next Year
11.24B
from 10.74B
Increased by 4.62%
EPS This Year
37.29
from 52.27
Decreased by -28.65%
EPS Next Year
35.54
from 37.29
Decreased by -4.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.0B | 12.8B | 13.0B |
| Avg | 10.7B | 11.2B | 11.6B |
| Low | 9.6B | 9.9B | 10.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.9% | 19.3% | 15.9% |
| Avg | 17.6% | 4.6% | 3.1% |
| Low | 5.1% | -8.0% | -8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 41.37 | 40.48 | 43.86 |
| Avg | 37.29 | 35.54 | 38.57 |
| Low | 34.30 | 31.07 | 33.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -20.9% | 8.5% | 23.4% |
| Avg | -28.7% | -4.7% | 8.5% |
| Low | -34.4% | -16.7% | -6.3% |
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.