RenaissanceRe Holdings Ltd RNR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
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RenaissanceRe Reports Q3 2023 Net Income Available to Common Shareholders of $194.0 Million; Operating Income Available to Common Shareholders of $422.3 Million
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RenaissanceRe Completes Acquisition of Validus Re
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RenaissanceRe Schedules Third Quarter 2023 Financial Results Conference Call
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Insurance companies in the spotlight as Hurricane Idalia makes landfall in Florida as a Category 3 storm
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U.S. stocks close lower as debt ceiling talks drag on with deadline due in days
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Lowe's, PacWest, Yelp stocks rally while BJ's and Zoom Video shares fall, and other stocks on the move
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RenaissanceRe to buy AIG's Validus Re for $2.985 billion
Trading Information
- Previous Close Price
- $200.71
- Day Range
- $201.01–205.57
- 52-Week Range
- $174.31–227.01
- Bid/Ask
- $205.33 / $205.55
- Market Cap
- $10.78 Bil
- Volume/Avg
- 47,054 / 433,510
Key Statistics
- Price/Earnings (Normalized)
- 6.15
- Price/Sales
- 1.16
- Dividend Yield
- 0.75%
- Dividend Yield (Forward)
- 0.76%
- Total Yield
- 0.75%
Company Profile
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty, specialty reinsurance, and certain insurance products. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
- Sector
- Financial Services
- Industry
- Insurance - Reinsurance
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 718
- Website
- https://www.renre.com
Valuation
|
Metric
|
RNR
|
|---|---|
Price/Earnings (Normalized) | 6.15 |
Price/Book Value | 1.50 |
Price/Sales | 1.16 |
Price/Cash Flow | 4.26 |
Price/Earnings
RNR
Financial Strength
|
Metric
|
RNR
|
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | 39.07 |
Quick Ratio
No chart available
Profitability
|
Metric
|
RNR
|
|---|---|
Return on Assets (Normalized) | 3.92% |
Return on Equity (Normalized) | 27.68% |
Return on Invested Capital (Normalized) | 12.34% |
Return on Assets
RNR
Insurance - Reinsurance Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
MURGF
| Munchener Ruckversicherungs-Gesellschaft AG | Yklw | $57.5 Bil | |
MURGY
| Munchener Ruckversicherungs-Gesellschaft AG ADR | Hdnvl | $57.5 Bil | |
SSREF
| Swiss Re AG | Dpdzz | $32.6 Bil | |
SSREY
| Swiss Re AG ADR | Wskv | $32.6 Bil | |
HVRRF
| Hannover Rueck SE | Znbh | $28.4 Bil | |
HVRRY
| Hannover Rueck SE ADR | Ptf | $28.4 Bil | |
EG
| Everest Group Ltd | Vnhy | $16.7 Bil | |
RGA
| Reinsurance Group of America Inc | Vxm | $10.8 Bil | |
SCRYY
| SCOR SE ADR | Chf | $5.0 Bil |