Zacks Research Raises Earnings Estimates for RenaissanceRe

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Equities research analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of RenaissanceRe in a research note issued on Tuesday, November 19th. Zacks Research analyst K. Dey now anticipates that the insurance provider will earn $10.90 per share for the quarter, up from their previous forecast of $10.60. The consensus estimate for RenaissanceRe’s current full-year earnings is $40.57 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2025 earnings at $11.44 EPS, FY2025 earnings at $35.25 EPS, Q1 2026 earnings at $13.17 EPS and FY2026 earnings at $41.12 EPS.

A number of other brokerages have also recently weighed in on RNR. Keefe, Bruyette & Woods decreased their price target on shares of RenaissanceRe from $316.00 to $310.00 and set an “outperform” rating for the company in a research note on Tuesday, November 12th. Wells Fargo & Company raised their price objective on shares of RenaissanceRe from $280.00 to $314.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. JPMorgan Chase & Co. raised their price objective on shares of RenaissanceRe from $274.00 to $280.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. StockNews.com downgraded shares of RenaissanceRe from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Finally, Citigroup lifted their price target on shares of RenaissanceRe from $262.00 to $298.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $293.00.

RenaissanceRe Trading Down 0.1 %

Shares of NYSE:RNR opened at $264.30 on Thursday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $268.38 and its two-hundred day moving average is $244.22. The company has a market cap of $13.73 billion, a PE ratio of 3.81, a P/E/G ratio of 1.33 and a beta of 0.39. RenaissanceRe has a 52 week low of $188.24 and a 52 week high of $300.00.

RenaissanceRe (NYSE:RNR) last announced its earnings results on Wednesday, November 6th. The insurance provider reported $10.23 earnings per share for the quarter, topping the consensus estimate of $7.89 by $2.34. RenaissanceRe had a net margin of 28.84% and a return on equity of 26.31%. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same period in the prior year, the firm earned $8.33 EPS. The firm’s revenue for the quarter was up 52.1% on a year-over-year basis.

RenaissanceRe Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.59%. RenaissanceRe’s payout ratio is currently 2.25%.

Insiders Place Their Bets

In other RenaissanceRe news, EVP David E. Marra sold 1,000 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $269.00, for a total value of $269,000.00. Following the sale, the executive vice president now owns 83,044 shares of the company’s stock, valued at $22,338,836. The trade was a 1.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On RenaissanceRe

Several institutional investors and hedge funds have recently made changes to their positions in the company. EntryPoint Capital LLC acquired a new position in RenaissanceRe during the 1st quarter valued at about $46,000. Wedge Capital Management L L P NC acquired a new position in RenaissanceRe during the 2nd quarter worth approximately $2,887,000. Intech Investment Management LLC boosted its holdings in shares of RenaissanceRe by 52.9% in the 2nd quarter. Intech Investment Management LLC now owns 7,193 shares of the insurance provider’s stock valued at $1,608,000 after buying an additional 2,490 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of RenaissanceRe by 741.7% in the 1st quarter. Acadian Asset Management LLC now owns 1,111 shares of the insurance provider’s stock valued at $261,000 after buying an additional 979 shares during the last quarter. Finally, Atria Investments Inc acquired a new stake in RenaissanceRe during the 1st quarter valued at $1,168,000. Institutional investors and hedge funds own 99.97% of the company’s stock.

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.