Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Based on the reviews from different experts, RNR-N, a reinsurance provider, is progressing well and managed its way through this year's severe storms in Q4. The stock is trading at 10x earnings, 1.6x book and supports a 20% ROE. Both experts recommend trailing up the stop to $198, looking to achieve $242, indicating an upside potential of 16%. The stock currently yields 0.7% and has an analysts' price target of $241.62.

Consensus
Positive
Valuation
Undervalued
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

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)
insurance
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

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)
insurance
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

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)
insurance
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 18/24, Up 12.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with RNR is progressing well.  To remain disciplined, we recommend trailing up the stop (from $170) to $198 at this time.  

insurance
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

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)
insurance
COMMENT

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.

insurance
BUY
Reported good numbers.Good sector.
insurance
TOP PICK
A good market that has grown steadily. Earnings per share are up 120%. 8 X earnings.
insurance
TOP PICK
Well focused. Great management.
insurance
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RenaissanceRe Holdings(RNR-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for RenaissanceRe Holdings is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 1 stock analyst published opinions about RNR-N. 1 analyst recommended to BUY the stock. 0 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?

1 stock analyst 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 2024-07-23, RenaissanceRe Holdings (RNR-N) stock closed at a price of $225.86.