1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
For activity over the first quarter of 2023, Swiss Re has reported a middling set of results. The broad takeaway is that the full-year targets currently look like a stretch. And we are lowering our fair value estimate to $110 per share as a result. We maintain our rating of no economic moat.
Swiss Re was established in 1863 in Zurich. Since then the business has cycled through quite a few strategies. Namely in the early part of the millennium Swiss Re took on an investment banker who eventually led the business. Over the next 10 years CEO Jacques Aigrain built Swiss Re's financial solutions into a powerhouse and helped the company complete its first securitisation, finalised in 2005 for credit reinsurance. This division became a leader for Swiss Re, but then disaster struck during the global financial crisis. Swiss Re mothballed this unit and approved a CHF 5 billion capital raise. Now the business concentrates more fundamentally on property and casualty, life and health reinsurance. Swiss Re also has a good commercial insurance offering named corporate solutions.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of SREN’s competitive advantage.
Swiss Re AG
XSWX: SREN
| Hannover Rueck SE
XETR: HNR1
| Munchener Ruckversicherungs-Gesellschaft AG
XETR: MUV2
| |
Price
| 88.14 | 189.35 | 323.40 |
Currency
| CHF | EUR | EUR |
Change
| −$1.56 (1.74%) | −$3.85 (1.99%) | −$6.00 (1.82%) |
Market Cap
| 25.47 Bil | 22.84 Bil | 44.51 Bil |
Industry
| Insurance - Reinsurance | Insurance - Reinsurance | Insurance - Reinsurance |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. SREN has a forward dividend yield of 5.86%.
See
SREN’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
SREN’s market cap is 25.47 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
SREN’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
SREN’s price/sales is 0.61.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
SREN’s price/forward earnings is 57.69.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
SREN’s price/book is 2.16.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See SREN’s valuation ratios compared to the Market Index.
SREN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare SREN’s historical performance against its industry peers and the overall market.
