RenaissanceRe Holdings Ltd. (NYSE:RNR) Forecasted to Earn Q1 2025 Earnings of $10.60 Per Share

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research lifted their Q1 2025 earnings estimates for shares of RenaissanceRe in a research report issued to clients and investors on Wednesday, August 7th. Zacks Research analyst K. Dey now expects that the insurance provider will earn $10.60 per share for the quarter, up from their previous forecast of $10.37. The consensus estimate for RenaissanceRe’s current full-year earnings is $38.40 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2025 earnings at $11.01 EPS, FY2025 earnings at $35.04 EPS, Q1 2026 earnings at $12.35 EPS and FY2026 earnings at $39.55 EPS.

Several other research analysts have also commented on RNR. Evercore ISI increased their price target on shares of RenaissanceRe from $216.00 to $218.00 and gave the stock an “underperform” rating in a research note on Wednesday, May 1st. Wells Fargo & Company lowered their target price on shares of RenaissanceRe from $288.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. JPMorgan Chase & Co. raised their target price on shares of RenaissanceRe from $265.00 to $267.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Morgan Stanley lowered their target price on shares of RenaissanceRe from $257.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Finally, Bank of America raised their target price on shares of RenaissanceRe from $334.00 to $347.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, RenaissanceRe has a consensus rating of “Hold” and a consensus target price of $263.40.

RenaissanceRe Stock Up 1.4 %

Shares of RNR traded up $3.18 during mid-day trading on Thursday, hitting $235.93. 293,933 shares of the company’s stock were exchanged, compared to its average volume of 364,753. The firm has a fifty day moving average of $224.51 and a two-hundred day moving average of $225.21. RenaissanceRe has a twelve month low of $174.22 and a twelve month high of $239.42. The stock has a market cap of $12.31 billion, a price-to-earnings ratio of 5.21, a P/E/G ratio of 1.24 and a beta of 0.38. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.21.

RenaissanceRe Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Friday, September 13th. RenaissanceRe’s dividend payout ratio (DPR) is presently 3.45%.

Insider Buying and Selling at RenaissanceRe

In other news, EVP David E. Marra sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $230.00, for a total transaction of $230,000.00. Following the completion of the transaction, the executive vice president now directly owns 85,544 shares of the company’s stock, valued at approximately $19,675,120. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Robert Qutub sold 2,500 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $224.56, for a total transaction of $561,400.00. Following the completion of the transaction, the chief financial officer now directly owns 73,915 shares of the company’s stock, valued at approximately $16,598,352.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP David E. Marra sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $230.00, for a total transaction of $230,000.00. Following the transaction, the executive vice president now directly owns 85,544 shares of the company’s stock, valued at $19,675,120. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On RenaissanceRe

Institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new stake in RenaissanceRe in the 1st quarter valued at about $26,000. Blue Trust Inc. acquired a new stake in RenaissanceRe in the 2nd quarter valued at about $27,000. Rise Advisors LLC acquired a new stake in RenaissanceRe in the 1st quarter valued at about $31,000. V Square Quantitative Management LLC acquired a new stake in RenaissanceRe in the 2nd quarter valued at about $31,000. Finally, Mather Group LLC. acquired a new stake in RenaissanceRe in the 1st quarter valued at about $34,000. 99.97% of the stock is owned by institutional investors.

RenaissanceRe Company Profile

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.