RNR - RenaissanceRe Holdings Ltd Stock Price, Fair Value and News

226.87USD+1.69 (+0.75%)Market Closed

Market Summary

USD226.87+1.69

Market Closed

0.75%

RNR Alerts

Big fall in earnings (Y/Y)

RNR Stock Price

View Fullscreen

RNR RSI Chart

RNR Valuation

Market Cap

12.0B

Price/Earnings (Trailing)

5.08

Price/Sales (Trailing)

1.26

EV/EBITDA

4.28

Price/Free Cashflow

5.56

RNR Price/Sales (Trailing)

RNR Profitability

EBT Margin

30.17%

Return on Equity

24.12%

Return on Assets

4.64%

Free Cashflow Yield

18%

RNR Fundamentals

RNR Revenue

Revenue (TTM)

9.5B

Rev. Growth (Yr)

17.88%

Rev. Growth (Qtr)

-19.78%

RNR Earnings

Earnings (TTM)

2.4B

Earnings Growth (Yr)

-34.78%

Earnings Growth (Qtr)

-76.43%

Breaking Down RNR Revenue

Last 7 days

2.7%

Last 30 days

Last 90 days

-4.0%

Trailing 12 Months

7.4%

How does RNR drawdown profile look like?

RNR Financial Health

Debt/Equity

0.19

Debt/Cashflow

1.14

RNR Investor Care

Dividend Yield

0.59%

Dividend/Share (TTM)

1.28

Shares Dilution (1Y)

20.37%

Diluted EPS (TTM)

46.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	9.5B	0	0	0
2023	6.4B	7.4B	7.9B	9.1B
2022	5.0B	4.7B	4.5B	5.1B
2021	5.4B	5.1B	5.2B	5.3B
2020	4.3B	4.6B	4.9B	5.2B
2019	2.5B	3.2B	3.6B	4.2B
2018	2.0B	2.0B	2.0B	2.1B
2017	1.8B	1.8B	2.0B	2.1B
2016	1.6B	1.7B	1.8B	1.7B
2015	1.3B	1.4B	1.5B	1.5B
2014	1.4B	1.5B	1.3B	1.3B
2013	1.4B	1.3B	1.3B	1.4B
2012	1.1B	1.2B	1.3B	1.4B
2011	1.3B	1.2B	1.1B	1.1B
2010	0	1.3B	1.2B	1.2B
2009	0	968.0M	1.1B	1.3B
2008	0	0	0	816.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of RenaissanceRe Holdings Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	odonnell kevin	sold (taxes)	-2,378,950	235	-10,106	pres & chief executive officer
Mar 18, 2024	qutub robert	sold (taxes)	-727,151	235	-3,089	evp, chief financial officer
Mar 18, 2024	qutub robert	back to issuer	-	-	-439	evp, chief financial officer
Mar 18, 2024	odonnell kevin	back to issuer	-	-	-1,437	pres & chief executive officer
Mar 18, 2024	curtis ross	back to issuer	-	-	-467	evp,chief portfolio officer
Mar 15, 2024	marra david e	sold	-179,250	239	-750	evp,chief underwriting officer
Mar 01, 2024	odonnell kevin	acquired	-	-	33,678	pres & chief executive officer
Mar 01, 2024	hennes duncan p	acquired	-	-	738	-
Mar 01, 2024	qutub robert	acquired	-	-	11,331	evp, chief financial officer
Mar 01, 2024	gray brian gerald john	acquired	-	-	738	-

Which funds bought or sold RNR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Inspire Investing, LLC	new	-	880,187	880,187	0.09%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-9.74	630,963	8,291,620	0.19%
May 07, 2024	New Republic Capital, LLC	added	0.92	154,327	881,879	0.56%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-19.02	-66,327	2,221,970	0.03%
May 07, 2024	Arizona State Retirement System	reduced	-1.71	500,859	3,305,230	0.02%
May 07, 2024	Smithfield Trust Co	new	-	1,000	1,000	-%
May 07, 2024	M&T Bank Corp	reduced	-13.33	44,036	1,160,420	-%
May 07, 2024	TimesSquare Capital Management, LLC	reduced	-9.17	8,303,000	101,368,000	1.47%
May 07, 2024	Illinois Municipal Retirement Fund	added	76.23	857,000	1,627,000	0.03%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-2.16	5,971,000	40,447,000	0.05%

Are Funds Buying or Selling RNR?

Are funds buying RNR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RNR

No. of Funds

RNR Alerts

Big fall in earnings (Y/Y)

Unveiling RenaissanceRe Holdings Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 16, 2024	price t rowe associates inc /md/	3.5%	1,828,988	SC 13G/A
Feb 14, 2024	price t rowe associates inc /md/	3.5%	1,828,988	SC 13G/A
Feb 13, 2024	vanguard group inc	10.60%	5,565,691	SC 13G/A
Feb 09, 2024	blackrock inc.	9.1%	4,775,532	SC 13G/A
Jan 24, 2024	bank of new york mellon corp	5.01%	2,629,871	SC 13G
Jan 22, 2024	state street corp	4.41%	2,317,512	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	7.1%	3,105,292	SC 13G/A
Feb 13, 2023	capital world investors	4.5%	1,983,968	SC 13G/A
Feb 09, 2023	vanguard group inc	10.52%	4,597,369	SC 13G/A
Feb 07, 2023	state street corp	5.55%	2,425,084	SC 13G/A

Recent SEC filings of RenaissanceRe Holdings Ltd

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	DEFA14A	DEFA14A
Mar 26, 2024	ARS	ARS
Mar 26, 2024	DEF 14A	DEF 14A
Mar 26, 2024	DEFA14A	DEFA14A
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to RenaissanceRe Holdings Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	1.04%	3195.96%	-4.9K	773.83	-10.27%	-34.69%
AJG	53.5B	10.6B	0.45%	13.83%	49.03	5.04	20.42%	-6.05%
AIG	53.0B	48.4B	3.31%	49.36%	10.98	1.1	-4.15%	-20.63%
TRV	49.8B	42.9B	-6.01%	18.86%	15.85	1.16	13.52%	12.15%
AFL	48.2B	19.3B	-0.90%	25.15%	9.01	2.49	3.03%	17.35%
ACGL	37.0B	13.6B	3.49%	28.99%	8.33	2.72	41.83%	201.02%
AFG	11.0B	8.0B	-2.57%	11.52%	12.42	1.37	11.14%	7.56%
MID-CAP
UNM	9.9B	12.6B	-2.35%	17.17%	7.52	0.79	4.24%	-13.40%
AIZ	9.2B	11.1B	-0.68%	35.68%	14.28	0.82	9.21%	132.28%
LNC	5.0B	11.9B	-5.21%	37.41%	3.67	0.41	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.9B	1.3B	0.25%	17.87%	-35.66	1.53	18.74%	30.90%
AMSF	908.5M	308.9M	0.21%	-15.21%	14.73	2.94	3.79%	10.94%
AMBC	828.5M	314.0M	13.99%	19.72%	14.41	2.64	-29.20%	-88.19%
AAME	35.9M	186.8M	-18.72%	-19.82%	-209.99	0.19	-0.56%	-111.21%

RenaissanceRe Holdings Ltd News

Latest updates

RenaissanceRe Holdings Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-19.8%	2,599	3,240	1,836	1,853	2,205	2,031	1,287	867	876	1,425	1,506	1,193	1,154	1,395	1,332	1,548	913	1,105	1,051	1,238	807
Operating Expenses	-21.0%	106	134	83.00	80.00	77.00	72.00	65.00	73.00	68.00	40.00	59.00	58.00	55.00	41.00	49.00	49.00	67.00	65.00	53.00	60.00	45.00
S&GA Expenses	-100.0%	-	74.00	17.00	23.00	13.00	12.00	10.00	12.00	13.00	10.00	10.00	10.00	10.00	21.00	48.00	12.00	16.00	18.00	14.00	24.00	39.00
EBITDA Margin	-9.7%	0.30*	0.33*	0.29*	0.10*	0.01*	-0.24*	-0.35*	-0.22*	-0.04*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.4%	23.00	23.00	23.00	15.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	15.00	15.00	16.00	16.00	12.00
Income Taxes	102.8%	15.00	-554	9.00	6.00	29.00	5.00	3.00	-30.53	-36.71	19.00	-23.63	14.00	-19.52	-9.92	-8.24	30.00	-8.85	-3.45	4.00	9.00	8.00
Earnings Before Taxes	-55.8%	634	1,434	426	381	869	699	-1,186	-297	-434	307	-662	592	-350	182	66.00	732	16.00	37.00	112	458	361
EBT Margin	-11.4%	0.30*	0.34*	0.30*	0.10*	0.01*	-0.24*	-0.36*	-0.23*	-0.04*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-76.4%	374	1,586	203	200	573	457	-816	-316	-385	220	-440	464	-283	197	55.00	583	-72.92	43.00	46.00	377	283
Net Income Margin	-11.6%	0.25*	0.28*	0.18*	0.06*	-0.02*	-0.21*	-0.29*	-0.20*	-0.03*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	33.4%	683	512	772	191	436	733	601	101	168	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.0%	50,944	49,007	40,843	41,400	38,270	36,553	35,936	35,034	34,848	33,960	33,536	32,727	32,236	30,821	30,996	30,480	27,466	26,330	25,644	23,322	20,999
Cash Equivalents	-14.4%	1,607	1,878	1,196	944	1,064	1,194	1,204	1,398	1,563	1,859	1,441	1,790	1,287	1,737	1,287	1,186	896	1,379	871	671	1,021
Liabilities	4.2%	34,854	33,451	27,592	28,321	27,047	26,692	26,879	24,943	24,767	23,781	23,329	21,853	21,748	19,872	20,218	19,745	18,550	17,287	16,914	15,136	13,358
Long Term Debt	-3.0%	1,900	1,959	1,900	1,900	1,141	1,170	1,200	1,200	1,200	1,200	1,100	1,100	1,137	1,136	1,136	1,135	1,135	1,384	1,383	1,383	1,191
Shareholder's Equity	3.6%	9,793	9,455	7,589	51.00	4,619	5,325	4,882	44.00	4,822	6,624	6,750	1,154	1,451	1,623	7,391	7,347	525	5,971	5,951	4,670	5,554
Retained Earnings	5.3%	6,866	6,522	4,965	4,790	4,619	4,071	3,639	4,481	4,822	5,233	5,038	5,505	5,065	5,374	5,202	5,172	4,614	4,711	4,692	4,670	4,317
Additional Paid-In Capital	-0.3%	2,137	2,144	1,837	1,825	468	476	466	479	514	608	928	1,154	1,451	1,623	1,615	1,603	503	568	560	552	544
Shares Outstanding	0.4%	53.00	53.00	51.00	51.00	44.00	44.00	44.00	44.00	44.00	44.00	47.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	9,400	-	-	-	6,700	-	-	-	7,100	-	-	-	8,600	-	-	-	7,700	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	33.4%	683	512	772	191	436	733	601	101	168	433	467	129	207	663	473	381	475	873	480	407	377
Cashflow From Investing	2.9%	-304	-313	-327	-2,496	-684	-1,234	-826	-551	-403	-161	-773	582	-463	-249	-327	-1,197	-530	-649	-261	-1,460	-616
Cashflow From Financing	-233.0%	-644	485	-197	2,186	116	500	19.00	273	-66.49	145	-48.13	-206	-193	33.00	-45.25	1,107	-429	287	-23.22	704	153
Dividend Payments	-100.0%	-	20.00	19.00	19.00	17.00	16.00	16.00	16.00	16.00	16.00	17.00	17.00	18.00	18.00	18.00	18.00	15.00	15.00	15.00	15.00	14.00
Buy Backs	-	-	-	-	-	-	-	25.00	0.00	97.00	-	222	2.00	172	-	-	-	63.00	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

RNR Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Gross premiums written	$ 3,990,684	$ 2,790,261
Net premiums written	3,199,573	2,263,703
Decrease (increase) in unearned premiums	(755,663)	(583,153)
Net premiums earned	2,443,910	1,680,550
Net investment income	390,775	254,378
Net foreign exchange gains (losses)	(35,683)	(14,503)
Equity in earnings (losses) of other ventures	14,127	9,530
Other income (loss)	(50)	(4,306)
Net realized and unrealized gains (losses) on investments	(213,654)	279,451
Total revenues	2,599,425	2,205,100
Expenses
Net claims and claim expenses incurred	1,166,123	801,200
Acquisition expenses	630,921	432,257
Operational expenses	106,184	77,474
Corporate expenses	39,252	12,843
Interest expense	23,104	12,134
Total expenses	1,965,584	1,335,908
Income (loss) before taxes	633,841	869,192
Income tax benefit (expense)	(15,372)	(28,902)
Net income (loss)	618,469	840,290
Net (income) loss attributable to redeemable noncontrolling interests	(244,827)	(267,384)
Net income (loss) attributable to RenaissanceRe	373,642	572,906
Dividends on preference shares	(8,844)	(8,844)
Net income (loss) available (attributable) to RenaissanceRe common shareholders	$ 364,798	$ 564,062
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic (in dollars per share)	$ 6.96	$ 12.95
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted (in dollars per share)	$ 6.94	$ 12.91

RNR Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Fixed maturity investments trading, at fair value – amortized cost $21,519,144 at March 31, 2024 (December 31, 2023 – $20,872,450)	$ 21,309,460	$ 20,877,108
Short term investments, at fair value - amortized cost $4,639,713 at March 31, 2024 (December 31, 2023 - $4,603,340)	4,639,165	4,604,079
Equity investments, at fair value	119,992	106,766
Other investments, at fair value	3,468,281	3,515,566
Investments in other ventures, under equity method	99,684	112,624
Total investments	29,636,582	29,216,143
Cash and cash equivalents	1,606,739	1,877,518
Premiums receivable	8,431,335	7,280,682
Prepaid reinsurance premiums	1,282,860	924,777
Reinsurance recoverable	4,993,680	5,344,286
Accrued investment income	196,893	205,713
Deferred acquisition costs and value of business acquired	1,822,163	1,751,437
Deferred tax asset	669,635	685,040
Receivable for investments sold	1,168,305	622,197
Other assets	377,268	323,960
Goodwill and other intangible assets	758,874	775,352
Total assets	50,944,334	49,007,105
Liabilities
Reserve for claims and claim expenses	20,369,610	20,486,869
Unearned premiums	7,247,615	6,136,135
Debt	1,884,411	1,958,655
Reinsurance balances payable	3,353,834	3,186,174
Payable for investments purchased	1,427,932	661,611
Other liabilities	570,164	1,021,872
Total liabilities	34,853,566	33,451,316
Commitments and contingencies
Redeemable noncontrolling interests	6,297,983	6,100,831
Shareholders’ Equity
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at March 31, 2024 (December 31, 2023 – 30,000)	750,000	750,000
Common shares: $1.00 par value – 52,907,663 shares issued and outstanding at March 31, 2024 (December 31, 2023 – 52,693,887)	52,908	52,694
Additional paid-in capital	2,137,343	2,144,459
Accumulated other comprehensive income (loss)	(13,778)	(14,211)
Retained earnings	6,866,312	6,522,016
Total shareholders’ equity attributable to RenaissanceRe	9,792,785	9,454,958
Total liabilities, noncontrolling interests and shareholders’ equity	$ 50,944,334	$ 49,007,105

About RenaissanceRe Holdings Ltd

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. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. It also invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

CEO	Mr. Kevin Joseph O'Donnell
WEBSITE	renre.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	718

RenaissanceRe Holdings Ltd Frequently Asked Questions

What is the ticker symbol for RenaissanceRe Holdings Ltd? What does RNR stand for in stocks?

RNR is the stock ticker symbol of RenaissanceRe Holdings Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RenaissanceRe Holdings Ltd (RNR)?

As of Tue May 07 2024, market cap of RenaissanceRe Holdings Ltd is 11.9 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RNR stock?

You can check RNR's fair value in chart for subscribers.

What is the fair value of RNR stock?

You can check RNR's fair value in chart for subscribers. The fair value of RenaissanceRe Holdings Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RenaissanceRe Holdings Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RNR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RenaissanceRe Holdings Ltd a good stock to buy?

The fair value guage provides a quick view whether RNR is over valued or under valued. Whether RenaissanceRe Holdings Ltd is cheap or expensive depends on the assumptions which impact RenaissanceRe Holdings Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RNR.

What is RenaissanceRe Holdings Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, RNR's PE ratio (Price to Earnings) is 5.04 and Price to Sales (PS) ratio is 1.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RNR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on RenaissanceRe Holdings Ltd's stock?

In the past 10 years, RenaissanceRe Holdings Ltd has provided 0.091 (multiply by 100 for percentage) rate of return.