Zacks Research Lowers Earnings Estimates for RenaissanceRe

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for RenaissanceRe in a research note issued on Monday, April 14th. Zacks Research analyst K. Dey now anticipates that the insurance provider will post earnings per share of $0.35 for the quarter, down from their previous estimate of $1.77. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2025 earnings at $11.40 EPS, Q3 2025 earnings at $4.00 EPS, Q4 2025 earnings at $8.59 EPS, Q1 2026 earnings at $6.91 EPS, Q2 2026 earnings at $12.41 EPS, Q3 2026 earnings at $8.38 EPS and Q4 2026 earnings at $10.32 EPS.

RenaissanceRe (NYSE:RNR) last announced 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 commented on RNR. Jefferies Financial Group cut their price objective on RenaissanceRe from $266.00 to $265.00 and set a “hold” rating for the company in a research note on Friday, April 11th. Barclays dropped their price target on RenaissanceRe from $234.00 to $231.00 and set an “underweight” rating for the company in a research report on Friday, April 11th. Wells Fargo & Company decreased their price objective on RenaissanceRe from $277.00 to $271.00 and set an “overweight” rating on the stock in a report on Thursday, April 10th. Morgan Stanley dropped their target price on shares of RenaissanceRe from $265.00 to $245.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. upgraded shares of RenaissanceRe from a “neutral” rating to an “overweight” rating and set a $284.00 target price for the company in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $280.80.

RenaissanceRe Stock Up 1.4 %

Shares of NYSE RNR opened at $241.09 on Thursday. RenaissanceRe has a 52-week low of $208.98 and a 52-week high of $300.00. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.19. The company’s 50-day simple moving average is $237.23 and its 200-day simple moving average is $253.46. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 6.88, a price-to-earnings-growth ratio of 2.09 and a beta of 0.29.

Institutional Trading of RenaissanceRe

A number of large investors have recently modified their holdings of RNR. Capital World Investors raised its position in RenaissanceRe by 8.8% in the 4th quarter. Capital World Investors now owns 2,882,835 shares of the insurance provider’s stock valued at $717,278,000 after purchasing an additional 233,708 shares in the last quarter. Boston Partners increased its stake in shares of RenaissanceRe by 28.5% during the fourth quarter. Boston Partners now owns 2,013,382 shares of the insurance provider’s stock worth $500,991,000 after buying an additional 446,781 shares during the period. Impax Asset Management Group plc raised its holdings in RenaissanceRe by 10.8% in the fourth quarter. Impax Asset Management Group plc now owns 1,880,166 shares of the insurance provider’s stock valued at $466,969,000 after acquiring an additional 182,530 shares in the last quarter. Polar Capital Holdings Plc lifted its stake in RenaissanceRe by 5.7% in the fourth quarter. Polar Capital Holdings Plc now owns 1,298,190 shares of the insurance provider’s stock worth $323,003,000 after acquiring an additional 69,884 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in RenaissanceRe by 24.3% during the 4th quarter. Geode Capital Management LLC now owns 1,144,805 shares of the insurance provider’s stock worth $284,907,000 after acquiring an additional 223,991 shares in the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.

RenaissanceRe Increases Dividend

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

RenaissanceRe Company Profile

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.