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 Schedules Second Quarter 2024 Financial Results Conference Call
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RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
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RenaissanceRe Reports $364.8 Million of Net Income Available to Common Shareholders and $636.4 Million of Operating Income Available to Common Shareholders in Q1 2024.
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Insurance companies in the spotlight as Hurricane Idalia makes landfall in Florida as a Category 3 storm
Trading Information
- Previous Close Price
- $212.31
- Day Range
- $208.98–213.09
- 52-Week Range
- $174.22–239.42
- Bid/Ask
- $83.94 / $265.00
- Market Cap
- $11.18 Bil
- Volume/Avg
- 731,518 / 314,134
Key Statistics
- Price/Earnings (Normalized)
- 5.15
- Price/Sales
- 1.11
- Dividend Yield (Trailing)
- 0.73%
- Dividend Yield (Forward)
- 0.74%
- Total Yield
- 0.73%
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
|
JRVR
|
SPNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.15 | 4.26 | 11.01 |
Price/Book Value | 1.24 | 0.52 | 0.85 |
Price/Sales | 1.11 | 0.37 | 0.75 |
Price/Cash Flow | 3.24 | 3.15 | 5.70 |
Price/Earnings
RNR
JRVR
SPNT
Financial Strength
|
Metric
|
RNR
|
JRVR
|
SPNT
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 35.16 | 5.49 | 5.97 |
Quick Ratio
No chart available
Profitability
|
Metric
|
RNR
|
JRVR
|
SPNT
|
|---|---|---|---|
Return on Assets (Normalized) | 4.74% | 0.88% | 1.94% |
Return on Equity (Normalized) | 28.73% | 8.17% | 11.24% |
Return on Invested Capital (Normalized) | 13.94% | 5.17% | 9.55% |
Return on Assets
RNR
JRVR
SPNT
Insurance - Reinsurance Industry Comparables
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1-Day Chart
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