RenaissanceRe Holdings Ltd. (RNR)
NYSE: RNR · IEX Real-Time Price · USD
220.17
-6.65 (-2.93%)
Apr 23, 2024, 12:00 AM EDT - Market open
RenaissanceRe Holdings Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for RNR stock have an average target of 250.2, with a low estimate of 216 and a high estimate of 295. The average target predicts an increase of 13.64% from the current stock price of 220.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RNR stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 3 | 3 | 3 |
| Sell | 1 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $213 → $216 | Sell | Maintains | $213 → $216 | -1.89% | Apr 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $204 → $237 | Hold | Maintains | $204 → $237 | +7.64% | Apr 8, 2024 |
| UBS | UBS | Hold Maintains $229 → $238 | Hold | Maintains | $229 → $238 | +8.10% | Feb 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $216 → $295 | Buy | Maintains | $216 → $295 | +33.99% | Feb 5, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $204 | Hold | Initiates | $204 | -7.34% | Jan 8, 2024 |
Financial Forecast
Revenue This Year
10.50B
from 9.13B
Increased by 14.95%
Revenue Next Year
11.15B
from 10.50B
Increased by 6.18%
EPS This Year
34.83
from 52.27
Decreased by -33.36%
EPS Next Year
35.13
from 34.83
Increased by 0.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1B | 12.6B | 13.3B |
| Avg | 10.5B | 11.1B | 11.8B |
| Low | 9.4B | 10.0B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.7% | 20.3% | 19.1% |
| Avg | 14.9% | 6.2% | 6.3% |
| Low | 2.6% | -4.7% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 38.27 | 38.85 | 42.27 |
| Avg | 34.83 | 35.13 | 38.67 |
| Low | 31.85 | 30.16 | 36.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -26.8% | 11.5% | 20.3% |
| Avg | -33.4% | 0.9% | 10.1% |
| Low | -39.1% | -13.4% | 3.2% |
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.