RenaissanceRe Holdings Statistics
Total Valuation
RNR has a market cap or net worth of $11.84 billion. The enterprise value is $11.92 billion.
| Market Cap | 11.84B |
| Enterprise Value | 11.92B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, after market close.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
RNR has 52.69 million shares outstanding. The number of shares has increased by 17.09% in one year.
| Shares Outstanding | 52.69M |
| Shares Change (YoY) | +17.09% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 99.44% |
| Float | 51.52M |
Valuation Ratios
The trailing PE ratio is 4.30 and the forward PE ratio is 6.46. RNR's PEG ratio is -3.13.
| PE Ratio | 4.30 |
| Forward PE | 6.46 |
| PS Ratio | 1.30 |
| Forward PS | 1.12 |
| PB Ratio | 1.25 |
| P/FCF Ratio | 6.19 |
| PEG Ratio | -3.13 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.99, with an EV/FCF ratio of 6.24.
| EV / Earnings | 4.72 |
| EV / Sales | 1.31 |
| EV / EBITDA | 5.99 |
| EV / EBIT | 5.61 |
| EV / FCF | 6.24 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.21 |
| Debt / EBITDA | 0.98 |
| Debt / FCF | 1.02 |
| Interest Coverage | 29.03 |
Financial Efficiency
Return on equity (ROE) is 33.30% and return on invested capital (ROIC) is 34.83%.
| Return on Equity (ROE) | 33.30% |
| Return on Assets (ROA) | 6.00% |
| Return on Capital (ROIC) | 34.83% |
| Revenue Per Employee | $9.88M |
| Profits Per Employee | $2.73M |
| Employee Count | 925 |
| Asset Turnover | 0.22 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -510.07M |
| Effective Tax Rate | -25.30% |
Stock Price Statistics
The stock price has increased by +8.57% in the last 52 weeks. The beta is 0.29, so RNR's price volatility has been lower than the market average.
| Beta (1Y) | 0.29 |
| 52-Week Price Change | +8.57% |
| 50-Day Moving Average | 227.37 |
| 200-Day Moving Average | 208.58 |
| Relative Strength Index (RSI) | 50.73 |
| Average Volume (30 Days) | 372,332 |
Short Selling Information
The latest short interest is 908,649, so 1.72% of the outstanding shares have been sold short.
| Short Interest | 908,649 |
| Short Previous Month | 802,236 |
| Short % of Shares Out | 1.72% |
| Short % of Float | 1.76% |
| Short Ratio (days to cover) | 3.15 |
Income Statement
In the last 12 months, RNR had revenue of $9.13 billion and earned $2.53 billion in profits. Earnings per share was $52.27.
| Revenue | 9.13B |
| Gross Profit | 5.56B |
| Operating Income | 3.18B |
| Pretax Income | 2.05B |
| Net Income | 2.53B |
| EBITDA | 1.99B |
| EBIT | 2.12B |
| Earnings Per Share (EPS) | $52.27 |
Balance Sheet
The company has $1.88 billion in cash and $1.96 billion in debt, giving a net cash position of -$81.14 million or -$1.54 per share.
| Cash & Cash Equivalents | 1.88B |
| Total Debt | 1.96B |
| Net Cash | -81.14M |
| Net Cash Per Share | -$1.54 |
| Equity / Book Value | 9.45B |
| Book Value Per Share | 179.43 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 1.91B |
| Capital Expenditures | n/a |
| Free Cash Flow | 1.91B |
| FCF Per Share | $37.36 |
Margins
Gross margin is 60.88%, with operating and profit margins of 34.85% and 27.65%.
| Gross Margin | 60.88% |
| Operating Margin | 34.85% |
| Pretax Margin | 22.45% |
| Profit Margin | 27.65% |
| EBITDA Margin | 21.78% |
| EBIT Margin | 23.25% |
| FCF Margin | 20.93% |
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) | 2.68% |
| Years of Dividend Growth | 26 |
| Payout Ratio | 2.98% |
| Buyback Yield | -17.09% |
| Shareholder Yield | -16.40% |
| Earnings Yield | 21.33% |
| FCF Yield | 16.14% |
Analyst Forecast
The average price target for RNR is $250.20, which is 11.33% higher than the current price. The consensus rating is "Buy".
| Price Target | $250.20 |
| Price Target Difference | 11.33% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| 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 |