Q4 EPS Estimates for RenaissanceRe Boosted by Zacks Research

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research upped their Q4 2025 EPS estimates for shares of RenaissanceRe in a report released on Tuesday, December 9th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $7.49 for the quarter, up from their prior forecast of $7.48. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share.

Several other research analysts have also commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $303.00 price target on shares of RenaissanceRe in a research report on Friday, December 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $303.00 target price on shares of RenaissanceRe in a report on Thursday, October 9th. Barclays set a $278.00 price target on shares of RenaissanceRe in a research report on Wednesday, October 8th. Wolfe Research began coverage on shares of RenaissanceRe in a research note on Monday, September 15th. They issued a “peer perform” rating on the stock. Finally, Wells Fargo & Company increased their target price on shares of RenaissanceRe from $278.00 to $285.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, RenaissanceRe currently has a consensus rating of “Hold” and an average price target of $285.92.

RenaissanceRe Stock Up 0.6%

RNR opened at $272.11 on Friday. RenaissanceRe has a one year low of $219.00 and a one year high of $274.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a market capitalization of $12.55 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 1.64 and a beta of 0.26. The business’s 50-day simple moving average is $259.61 and its 200-day simple moving average is $249.07.

RenaissanceRe (NYSE:RNR) last announced its quarterly earnings results on Tuesday, October 28th. The insurance provider reported $15.62 earnings per share for the quarter, beating analysts’ consensus estimates of $9.49 by $6.13. The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $1.97 billion. RenaissanceRe had a net margin of 14.23% and a return on equity of 16.83%. RenaissanceRe’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $10.23 earnings per share.

RenaissanceRe Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.40 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. RenaissanceRe’s payout ratio is 4.45%.

Institutional Investors Weigh In On RenaissanceRe

A number of hedge funds and other institutional investors have recently bought and sold shares of RNR. Price T Rowe Associates Inc. MD grew its stake in shares of RenaissanceRe by 37.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,496,035 shares of the insurance provider’s stock worth $599,049,000 after purchasing an additional 676,125 shares during the period. Norges Bank purchased a new stake in RenaissanceRe during the second quarter worth about $139,543,000. AQR Capital Management LLC grew its position in RenaissanceRe by 154.5% during the third quarter. AQR Capital Management LLC now owns 397,027 shares of the insurance provider’s stock worth $99,769,000 after buying an additional 241,001 shares during the period. Nuveen LLC purchased a new position in RenaissanceRe in the first quarter valued at about $54,087,000. Finally, Millennium Management LLC lifted its position in shares of RenaissanceRe by 347.6% during the 3rd quarter. Millennium Management LLC now owns 236,919 shares of the insurance provider’s stock valued at $60,161,000 after acquiring an additional 183,988 shares during the period. Institutional investors and hedge funds own 99.97% of the company’s stock.

About RenaissanceRe

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.