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 Twenty-Ninth Consecutive Annual Increase in Quarterly Dividend
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RenaissanceRe Reports $1.6 Billion of Quarterly Net Income Available to Common Shareholders and $623.1 Million of Quarterly Operating Income Available to Common Shareholders in Q4 2023.
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RenaissanceRe Schedules Fourth Quarter and Year-End 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
- $237.40
- Day Range
- $235.26–238.35
- 52-Week Range
- $174.22–239.42
- Bid/Ask
- $182.61 / $265.00
- Market Cap
- $12.40 Bil
- Volume/Avg
- 227,659 / 380,110
Key Statistics
- Price/Earnings (Normalized)
- 6.35
- Price/Sales
- 1.23
- Dividend Yield (Trailing)
- 0.65%
- Dividend Yield (Forward)
- 0.66%
- Total Yield
- 0.65%
Company Profile
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty and specialty reinsurance. 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 Value
- Total Number of Employees
- 925
- Website
- https://www.renre.com
Comparables
Valuation
Metric
|
RNR
|
BNRE
|
SPNT
|
---|---|---|---|
Price/Earnings (Normalized) | 6.35 | 4.60 | 9.50 |
Price/Book Value | 1.42 | 0.78 | 0.90 |
Price/Sales | 1.23 | 0.66 | 0.78 |
Price/Cash Flow | 3.74 | 6.33 | 5.00 |
Price/Earnings
RNR
BNRE
SPNT
Financial Strength
Metric
|
RNR
|
BNRE
|
SPNT
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 43.50 | 1.53 | 5.97 |
Quick Ratio
No chart available
Profitability
Metric
|
RNR
|
BNRE
|
SPNT
|
---|---|---|---|
Return on Assets (Normalized) | 4.43% | 1.13% | 2.39% |
Return on Equity (Normalized) | 28.62% | 25.90% | 14.10% |
Return on Invested Capital (Normalized) | 13.37% | 17.88% | 11.07% |
Return on Assets
RNR
BNRE
SPNT
Insurance - Reinsurance Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
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MURGY
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SSREF
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SSREY
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HVRRF
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HVRRY
| Hannover Rueck SE ADR | Kljd | $32.1 Bil | |
EG
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RGA
| Reinsurance Group of America Inc | Mffvl | $12.1 Bil | |
SCRYY
| SCOR SE ADR | Mtngk | $5.8 Bil |