RenaissanceRe Holdings Ltd. (RNR)
NYSE: RNR · Real-Time Price · USD
265.62
+1.32 (0.50%)
Nov 21, 2024, 11:53 AM EST - Market open

RenaissanceRe Holdings Statistics

Total Valuation

RNR has a market cap or net worth of $13.80 billion. The enterprise value is $21.72 billion.

Market Cap 13.80B
Enterprise Value 21.72B

Important Dates

The last earnings date was Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date Sep 13, 2024

Share Statistics

RNR has 51.94 million shares outstanding. The number of shares has increased by 13.00% in one year.

Current Share Class 51.94M
Shares Outstanding 51.94M
Shares Change (YoY) +13.00%
Shares Change (QoQ) -1.37%
Owned by Insiders (%) 1.99%
Owned by Institutions (%) 100.17%
Float 50.84M

Valuation Ratios

The trailing PE ratio is 3.84 and the forward PE ratio is 8.31. RNR's PEG ratio is 5.72.

PE Ratio 3.84
Forward PE 8.31
PS Ratio 1.07
Forward PS 1.20
PB Ratio 1.31
P/TBV Ratio 1.40
P/FCF Ratio 3.52
P/OCF Ratio 3.52
PEG Ratio 5.72
Financial Ratio History

Enterprise Valuation

EV / Earnings 6.11
EV / Sales 1.72
EV / EBITDA n/a
EV / EBIT 4.58
EV / FCF 5.57

Financial Position

The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.11.

Current Ratio 1.40
Quick Ratio 1.20
Debt / Equity 0.11
Debt / EBITDA 0.41
Debt / FCF 0.50
Interest Coverage 50.60

Financial Efficiency

Return on equity (ROE) is 31.69% and return on invested capital (ROIC) is 16.84%.

Return on Equity (ROE) 31.69%
Return on Assets (ROA) 6.33%
Return on Capital (ROIC) 16.84%
Revenue Per Employee $13.68M
Profits Per Employee $3.85M
Employee Count 925
Asset Turnover 0.27
Inventory Turnover n/a

Taxes

Income Tax -457.67M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +27.80% 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 +27.80%
50-Day Moving Average 268.40
200-Day Moving Average 239.04
Relative Strength Index (RSI) 47.85
Average Volume (20 Days) 484,253

Short Selling Information

The latest short interest is 1.66 million, so 3.19% of the outstanding shares have been sold short.

Short Interest 1.66M
Short Previous Month 1.34M
Short % of Shares Out 3.19%
Short % of Float 3.26%
Short Ratio (days to cover) 3.68

Income Statement

In the last 12 months, RNR had revenue of $12.66 billion and earned $3.56 billion in profits. Earnings per share was $69.12.

Revenue 12.66B
Gross Profit 5.27B
Operating Income 4.74B
Pretax Income 2.12B
Net Income 3.56B
EBITDA n/a
EBIT 4.74B
Earnings Per Share (EPS) $69.12
Full Income Statement

Balance Sheet

The company has $30.17 billion in cash and $1.95 billion in debt, giving a net cash position of -$378.94 million or -$7.30 per share.

Cash & Cash Equivalents 30.17B
Total Debt 1.95B
Net Cash -378.94M
Net Cash Per Share -$7.30
Equity (Book Value) 18.10B
Book Value Per Share 202.01
Working Capital 12.79B
Full Balance Sheet

Cash Flow

Operating Cash Flow 3.90B
Capital Expenditures n/a
Free Cash Flow 3.90B
FCF Per Share $75.06
Full Cash Flow Statement

Margins

Gross margin is 41.62%, with operating and profit margins of 37.46% and 28.80%.

Gross Margin 41.62%
Operating Margin 37.46%
Pretax Margin 35.64%
Profit Margin 28.80%
EBITDA Margin n/a
EBIT Margin 37.46%
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 2.26%
Buyback Yield -13.00%
Shareholder Yield -12.41%
Earnings Yield 25.91%
FCF Yield 28.40%
Dividend Details

Analyst Forecast

The average price target for RNR is $289.50, which is 8.99% higher than the current price. The consensus rating is "Buy".

Price Target $289.50
Price Target Difference 8.99%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock 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 6