RenaissanceRe Holdings Ltd. (RNR)
NYSE: RNR · Real-Time Price · USD
266.49
+2.42 (0.92%)
Nov 4, 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 285.55, with a low estimate of 229 and a high estimate of 391. The average target predicts an increase of 7.15% from the current stock price of 266.49.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 9 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $267 → $274 | Hold | Maintains | $267 → $274 | +2.82% | Oct 10, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $364 → $391 | Strong Buy | Maintains | $364 → $391 | +46.72% | Oct 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $280 → $314 | Buy | Maintains | $280 → $314 | +17.83% | Oct 10, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $270 → $314 | Strong Buy | Maintains | $270 → $314 | +17.83% | Oct 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $218 → $229 | Sell | Maintains | $218 → $229 | -14.07% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
10.47B
Revenue Next Year
10.81B
from 10.47B
Increased by 3.30%
EPS This Year
40.03
from 52.27
Decreased by -23.43%
EPS Next Year
35.75
from 40.03
Decreased by -10.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.0B | 12.7B | 12.9B |
| Avg | 10.5B | 10.8B | 11.1B |
| Low | 9.6B | 9.8B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 21.3% | 19.7% |
| Avg | - | 3.3% | 2.8% |
| Low | - | -6.4% | -6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.62 | 39.48 | 44.32 |
| Avg | 40.03 | 35.75 | 38.44 |
| Low | 32.33 | 31.60 | 33.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -8.9% | -1.4% | 24.0% |
| Avg | -23.4% | -10.7% | 7.5% |
| Low | -38.1% | -21.1% | -6.9% |
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.