RenaissanceRe Q3 EPS Estimate Increased by Zacks Research

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of RenaissanceRe in a research note issued on Monday, August 10th. Zacks Research analyst Team now forecasts that the insurance provider will earn $5.93 per share for the quarter, up from their previous estimate of $4.77. The consensus estimate for RenaissanceRe’s current full-year earnings is $41.94 per share. Zacks Research also issued estimates for RenaissanceRe’s FY2026 earnings at $41.20 EPS, Q3 2027 earnings at $6.89 EPS and Q4 2027 earnings at $9.75 EPS.

Several other research firms have also weighed in on RNR. Barclays boosted their price objective on shares of RenaissanceRe from $328.00 to $341.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Wall Street Zen cut RenaissanceRe from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group set a $349.00 price target on RenaissanceRe and gave the stock a “neutral” rating in a research report on Monday, July 27th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of RenaissanceRe in a research report on Thursday, July 23rd. Finally, Citigroup upgraded RenaissanceRe from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $335.00 to $345.00 in a research note on Wednesday, June 10th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $336.33.

RenaissanceRe Stock Performance

Shares of RNR stock opened at $316.47 on Wednesday. The company has a fifty day moving average price of $312.68 and a two-hundred day moving average price of $302.84. RenaissanceRe has a one year low of $231.17 and a one year high of $335.97. The stock has a market cap of $13.15 billion, a P/E ratio of 5.43, a P/E/G ratio of 1.17 and a beta of 0.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.38 and a quick ratio of 1.38.

RenaissanceRe (NYSE:RNR) last issued its earnings results on Tuesday, June 30th. The insurance provider reported $12.92 earnings per share for the quarter. RenaissanceRe had a net margin of 23.65% and a return on equity of 23.10%. The business had revenue of $2.77 billion for the quarter.

RenaissanceRe Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. RenaissanceRe’s dividend payout ratio is currently 2.81%.

Insiders Place Their Bets

In other RenaissanceRe news, EVP Robert Qutub sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $333.03, for a total transaction of $1,665,150.00. Following the completion of the sale, the executive vice president directly owned 72,907 shares in the company, valued at $24,280,218.21. This trade represents a 6.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On RenaissanceRe

Several institutional investors and hedge funds have recently made changes to their positions in RNR. Quarry LP lifted its holdings in RenaissanceRe by 65.0% during the 3rd quarter. Quarry LP now owns 132 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 52 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in RenaissanceRe by 235.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 134 shares of the insurance provider’s stock valued at $34,000 after buying an additional 94 shares in the last quarter. Kingdom Financial Group LLC. bought a new position in RenaissanceRe during the 4th quarter worth $36,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of RenaissanceRe during the fourth quarter worth $38,000. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of RenaissanceRe by 33.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 147 shares of the insurance provider’s stock worth $41,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 99.97% of the company’s stock.

Trending Headlines about RenaissanceRe

Here are the key news stories impacting RenaissanceRe this week:

• Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $5.93 from $4.77 and increased its FY2026 forecast to $41.20 from $38.39. The firm also lifted its Q3 2027 estimate to $6.89 from $5.51, suggesting improved expectations for selected periods.
• Neutral Sentiment: Zacks maintained a current full-year earnings consensus of $41.94 per share. RNR recently reported quarterly EPS of $12.92 on $2.77 billion in revenue, with a 23.65% net margin and 23.10% return on equity. Shares remain near their 52-week high, which may limit the impact of favorable estimate changes.
• Negative Sentiment: Zacks lowered its FY2027 EPS forecast to $39.40 from $39.94 and reduced estimates for Q4 2026, Q1 2027, Q2 2027, Q1 2028, Q2 2028 and FY2028. The largest cuts included Q2 2027, reduced to $12.06 from $12.77, and Q4 2027, reduced to $9.75 from $10.52.
• Negative Sentiment: The broad downward revisions to later-period earnings point to concerns about RenaissanceRe’s future profit trajectory, even though some 2026 and Q3 2027 estimates improved. This mixed outlook helps explain why the stock has decreased.

About RenaissanceRe

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.

The company operates through two primary segments: Reinsurance and Insurance.