FY2025 EPS Estimates for RenaissanceRe Cut by Zacks Research

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Zacks Research cut their FY2025 earnings per share estimates for shares of RenaissanceRe in a report issued on Monday, April 14th. Zacks Research analyst K. Dey now forecasts that the insurance provider will post earnings of $24.35 per share for the year, down from their previous forecast of $25.41. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share. Zacks Research also issued estimates for RenaissanceRe’s FY2026 earnings at $38.02 EPS, Q1 2027 earnings at $7.61 EPS and FY2027 earnings at $42.14 EPS.

RenaissanceRe (NYSE:RNR) last released its earnings results on Tuesday, January 28th. The insurance provider reported $8.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.94 by $1.12. RenaissanceRe had a return on equity of 23.41% and a net margin of 15.99%.

Several other research firms have also recently issued reports on RNR. Barclays cut their price target on shares of RenaissanceRe from $234.00 to $231.00 and set an “underweight” rating for the company in a report on Friday, April 11th. Wells Fargo & Company reduced their price target on RenaissanceRe from $277.00 to $271.00 and set an “overweight” rating for the company in a report on Thursday, April 10th. Bank of America dropped their price objective on RenaissanceRe from $437.00 to $426.00 and set a “buy” rating on the stock in a report on Wednesday, March 26th. JMP Securities reissued a “market perform” rating on shares of RenaissanceRe in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. raised shares of RenaissanceRe from a “neutral” rating to an “overweight” rating and set a $284.00 price target on the stock in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, RenaissanceRe presently has a consensus rating of “Hold” and a consensus target price of $280.80.

RenaissanceRe Stock Up 1.4 %

Shares of RenaissanceRe stock opened at $241.09 on Wednesday. RenaissanceRe has a one year low of $208.98 and a one year high of $300.00. The company has a market cap of $11.81 billion, a P/E ratio of 6.88, a PEG ratio of 2.09 and a beta of 0.29. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a fifty day moving average of $237.11 and a two-hundred day moving average of $253.69.

RenaissanceRe Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.66%. The ex-dividend date was Friday, March 14th. This is an increase from RenaissanceRe’s previous quarterly dividend of $0.39. RenaissanceRe’s dividend payout ratio is 4.57%.

Institutional Trading of RenaissanceRe

Several large investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd purchased a new stake in RenaissanceRe in the 4th quarter valued at approximately $27,000. SBI Securities Co. Ltd. purchased a new stake in shares of RenaissanceRe in the fourth quarter valued at $29,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of RenaissanceRe by 51.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 121 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of RenaissanceRe by 1,587.5% during the fourth quarter. Jones Financial Companies Lllp now owns 135 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 127 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in RenaissanceRe by 71.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 156 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 65 shares in the last quarter. 99.97% of the stock is currently owned by institutional investors and hedge funds.

About RenaissanceRe

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S.