RenaissanceRe Holdings (RNR-N)
NYSE:RNR
245.35
3.80
(1.53%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 6 opinions in the last 12 months.
RenaissanceRe Holdings (RNR) has received multiple positive reviews from Stockchase Research, highlighting its strong performance and potential for further gains. Analysts have noted significant increases in expected EPS and revenues, with estimates showing a 23% rise in EPS and a 38% increase in revenues. The company is praised for its solid financial metrics, trading at 7x earnings and 1.3x book value while maintaining a remarkable 24% return on equity (ROE). Experts recommend various stop-loss strategies, demonstrating a disciplined investment approach. With cash reserves growing and premiums on the rise, RNR continues to be positioned as a top pick in the reinsurance sector, with analysts targeting price levels ranging from $268 to $269, indicating potential upside from current valuations.
With analysts expecting a 23% increase in EPS and revenues up 38% when earnings get reported this week, we reiterate RNR as a TOP PICK. The reinsurance specialist trades at 7x earnings, 1.3x book value and supports a 24% ROE. We continue to recommend a stop at $208, looking to achieve $268 -- upside potential of 18%. Yield 0.6%
(Analysts’ price target is $268.00)We again reiterate RNR, a reinsurer of catastrophic natural disaster insurance, as a TOP PICK. Cash reserves are growing, along with premiums collected. It trades at 7x earnings and 1.3x book value, while supporting a 24% ROE. We continue to recommend a stop at $208, looking to achieve $269 -- upside potential of 18%. Yield 0.7%
(Analysts’ price target is $269.00)We reiterate this provider of insurance and reinsurance as a TOP PICK. It trades at 6x earnings, 1.3x book and supports a 28% ROE. We like that quarterly cash reserves continue to grow. It is a well placed niche operator, that avoids credit decay and the threat of rising deposit costs like banks. We recommend trailing up the stop (from $198) to $208, looking to achieve $268 -- upside potential of 20%. Yield 0.7%
(Analysts’ price target is $268.40)RNR is a reinsurance provider, managing risks for property, casualty and specific perils. The company managed its way way through this years severe storms in Q4. It trades at 10x earnings, 1.6x book and supports a 20% ROE. We recommend placing a stop-loss at $170, looking to achieve $242 -- upside potential of 16%. Yield 0.7%
(Analysts’ price target is $241.62)Has this had an over correction and is a time to get in? A reinsurance company is effectively an insurer of insurance companies. An insurance company will take a portion of risk and then will sell 50% of your insurance policy to other insurance companies. The reinsurance business in the last few years has suffered from excess capacity, too much capital in the system. The good thing for reinsurance companies are higher interest rates, and a bunch of catastrophic insurance hits. What ended up happening in the last few years is that there hasn’t really been any major catastrophes and people kept putting money in because they thought there weren’t a lot of risks. We are clearly going to see some issues from hurricane Harvey and Irma. If they take a bite out of the reinsurance market, then we will have an opportunity to exit the market as well as looking for higher returns. Because of this, it is an interesting category to look at. He would prefer others.
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RenaissanceRe Holdings(RNR-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 9
RenaissanceRe Holdings(RNR-N) Frequently Asked Questions
What is RenaissanceRe Holdings stock symbol?
RenaissanceRe Holdings is a American stock, trading under the symbol RNR-N on the New York Stock Exchange (RNR). It is usually referred to as NYSE:RNR or RNR-N
Is RenaissanceRe Holdings a buy or a sell?
In the last year, 9 stock analysts published opinions about RNR-N. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for RenaissanceRe Holdings.
Is RenaissanceRe Holdings a good investment or a top pick?
RenaissanceRe Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for RenaissanceRe Holdings.
Why is RenaissanceRe Holdings stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is RenaissanceRe Holdings worth watching?
9 stock analysts on Stockchase covered RenaissanceRe Holdings In the last year. It is a trending stock that is worth watching.
What is RenaissanceRe Holdings stock price?
On 2025-04-03, RenaissanceRe Holdings (RNR-N) stock closed at a price of $245.35.
Our PAST TOP PICK with RNR has triggered its stop at $253. To remain disciplined, we recommend covering the position at this time. When combined with our previous guidance, this will result in a net investment gain of 17%.