RenaissanceRe Holdings Statistics
Total Valuation
RNR has a market cap or net worth of $11.93 billion. The enterprise value is $12.21 billion.
| Market Cap | 11.93B |
| Enterprise Value | 12.21B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, after market close.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
RNR has 52.88 million shares outstanding. The number of shares has increased by 20.53% in one year.
| Shares Outstanding | 52.88M |
| Shares Change (YoY) | +20.53% |
| Shares Change (QoQ) | +2.98% |
| Owned by Insiders (%) | 1.88% |
| Owned by Institutions (%) | 98.96% |
| Float | 51.71M |
Valuation Ratios
The trailing PE ratio is 4.80 and the forward PE ratio is 6.36. RNR's PEG ratio is -3.13.
| PE Ratio | 4.80 |
| Forward PE | 6.36 |
| PS Ratio | 1.25 |
| Forward PS | 1.02 |
| PB Ratio | 1.22 |
| P/FCF Ratio | 5.53 |
| PEG Ratio | -3.13 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.65, with an EV/FCF ratio of 5.65.
| EV / Earnings | 5.25 |
| EV / Sales | 1.28 |
| EV / EBITDA | 6.65 |
| EV / EBIT | 6.35 |
| EV / FCF | 5.65 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.19 |
| Debt / EBITDA | 1.03 |
| Debt / FCF | 0.87 |
| Interest Coverage | 22.84 |
Financial Efficiency
Return on equity (ROE) is 27.20% and return on invested capital (ROIC) is 32.56%.
| Return on Equity (ROE) | 27.20% |
| Return on Assets (ROA) | 5.10% |
| Return on Capital (ROIC) | 32.56% |
| Revenue Per Employee | $10.30M |
| Profits Per Employee | $2.52M |
| Employee Count | 925 |
| Asset Turnover | 0.21 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -523.60M |
| Effective Tax Rate | -29.04% |
Stock Price Statistics
The stock price has increased by +13.66% in the last 52 weeks. The beta is 0.38, so RNR's price volatility has been lower than the market average.
| Beta (5Y) | 0.38 |
| 52-Week Price Change | +13.66% |
| 50-Day Moving Average | 224.30 |
| 200-Day Moving Average | 218.17 |
| Relative Strength Index (RSI) | 53.83 |
| Average Volume (20 Days) | 351,502 |
Short Selling Information
The latest short interest is 848,304, so 1.60% of the outstanding shares have been sold short.
| Short Interest | 848,304 |
| Short Previous Month | 944,587 |
| Short % of Shares Out | 1.60% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 2.96 |
Income Statement
In the last 12 months, RNR had revenue of $9.53 billion and earned $2.33 billion in profits. Earnings per share was $46.97.
| Revenue | 9.53B |
| Gross Profit | 5.59B |
| Operating Income | 2.96B |
| Pretax Income | 1.84B |
| Net Income | 2.33B |
| EBITDA | 1.84B |
| EBIT | 1.92B |
| Earnings Per Share (EPS) | $46.97 |
Balance Sheet
The company has $1.61 billion in cash and $1.88 billion in debt, giving a net cash position of -$277.67 million or -$5.25 per share.
| Cash & Cash Equivalents | 1.61B |
| Total Debt | 1.88B |
| Net Cash | -277.67M |
| Net Cash Per Share | -$5.25 |
| Equity (Book Value) | 9.79B |
| Book Value Per Share | 185.19 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 2.16B |
| Capital Expenditures | n/a |
| Free Cash Flow | 2.16B |
| FCF Per Share | $40.98 |
Margins
Gross margin is 58.67%, with operating and profit margins of 31.05% and 24.42%.
| Gross Margin | 58.67% |
| Operating Margin | 31.05% |
| Pretax Margin | 19.29% |
| Profit Margin | 24.42% |
| EBITDA Margin | 19.27% |
| EBIT Margin | 20.17% |
| FCF Margin | 22.66% |
Dividends & Yields
This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 0.69%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 0.69% |
| Dividend Growth (YoY) | 2.67% |
| Years of Dividend Growth | 26 |
| Payout Ratio | 3.32% |
| Buyback Yield | -20.53% |
| Shareholder Yield | -19.84% |
| Earnings Yield | 19.50% |
| FCF Yield | 18.10% |
Analyst Forecast
The average price target for RNR is $253.78, which is 12.47% higher than the current price. The consensus rating is "Buy".
| Price Target | $253.78 |
| Price Target Difference | 12.47% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 | 5 |