RenaissanceRe Holdings Statistics
Total Valuation
RNR has a market cap or net worth of $13.90 billion. The enterprise value is $21.32 billion.
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Sep 13, 2024 |
Share Statistics
RNR has 52.16 million shares outstanding. The number of shares has increased by 17.43% in one year.
| Shares Outstanding | 52.16M |
| Shares Change (YoY) | +17.43% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | 1.98% |
| Owned by Institutions (%) | 98.97% |
| Float | 51.06M |
Valuation Ratios
The trailing PE ratio is 5.27 and the forward PE ratio is 7.22. RNR's PEG ratio is 2.99.
| PE Ratio | 5.27 |
| Forward PE | 7.22 |
| PS Ratio | 1.29 |
| Forward PS | 1.19 |
| PB Ratio | 1.48 |
| P/FCF Ratio | 4.37 |
| PEG Ratio | 2.99 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 8.23 |
| EV / Sales | 2.02 |
| EV / EBITDA | n/a |
| EV / EBIT | 6.24 |
| EV / FCF | 6.70 |
Financial Position
The company has a current ratio of 1.35, with a Debt / Equity ratio of 0.12.
| Current Ratio | 1.35 |
| Quick Ratio | 1.15 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.57 |
| Debt / FCF | 0.62 |
| Interest Coverage | 36.80 |
Financial Efficiency
Return on equity (ROE) is 25.36% and return on invested capital (ROIC) is 12.77%.
| Return on Equity (ROE) | 25.36% |
| Return on Assets (ROA) | 4.60% |
| Return on Capital (ROIC) | 12.77% |
| Revenue Per Employee | $11.42M |
| Profits Per Employee | $2.80M |
| Employee Count | 925 |
| Asset Turnover | 0.23 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -550.39M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +29.31% in the last 52 weeks. The beta is 0.39, so RNR's price volatility has been lower than the market average.
| Beta (5Y) | 0.39 |
| 52-Week Price Change | +29.31% |
| 50-Day Moving Average | 266.31 |
| 200-Day Moving Average | 236.21 |
| Relative Strength Index (RSI) | 46.87 |
| Average Volume (20 Days) | 460,966 |
Short Selling Information
The latest short interest is 1.74 million, so 3.34% of the outstanding shares have been sold short.
| Short Interest | 1.74M |
| Short Previous Month | 1.54M |
| Short % of Shares Out | 3.34% |
| Short % of Float | 3.42% |
| Short Ratio (days to cover) | 4.08 |
Income Statement
In the last 12 months, RNR had revenue of $10.56 billion and earned $2.59 billion in profits. Earnings per share was $50.56.
| Revenue | 10.56B |
| Gross Profit | 3.95B |
| Operating Income | 3.42B |
| Pretax Income | 2.12B |
| Net Income | 2.59B |
| EBITDA | n/a |
| EBIT | 3.42B |
| Earnings Per Share (EPS) | $50.56 |
Full Income StatementBalance Sheet
The company has $28.09 billion in cash and $1.97 billion in debt, giving a net cash position of -$339.95 million or -$6.52 per share.
| Cash & Cash Equivalents | 28.09B |
| Total Debt | 1.97B |
| Net Cash | -339.95M |
| Net Cash Per Share | -$6.52 |
| Equity (Book Value) | 16.51B |
| Book Value Per Share | 179.87 |
| Working Capital | 11.28B |
Full Balance SheetCash Flow
| Operating Cash Flow | 3.18B |
| Capital Expenditures | n/a |
| Free Cash Flow | 3.18B |
| FCF Per Share | $60.99 |
Full Cash Flow StatementMargins
Gross margin is 37.40%, with operating and profit margins of 32.36% and 25.24%.
| Gross Margin | 37.40% |
| Operating Margin | 32.36% |
| Pretax Margin | 30.31% |
| Profit Margin | 25.24% |
| EBITDA Margin | n/a |
| EBIT Margin | 32.36% |
| FCF Margin | 30.28% |
Dividends & Yields
This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 0.59%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 0.59% |
| Dividend Growth (YoY) | 2.65% |
| Years of Dividend Growth | 26 |
| Payout Ratio | 3.09% |
| Buyback Yield | -17.43% |
| Shareholder Yield | -16.85% |
| Earnings Yield | 18.65% |
| FCF Yield | 22.88% |
Dividend DetailsAnalyst Forecast
The average price target for RNR is $285.55, which is 7.15% higher than the current price. The consensus rating is "Buy".
| Price Target | $285.55 |
| Price Target Difference | 7.15% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on May 31, 2002. It was a forward split with a ratio of 3:1.
| Last Split Date | May 31, 2002 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |