Q4 EPS Estimates for RenaissanceRe Reduced by Zacks Research

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research cut their Q4 2026 earnings per share (EPS) estimates for RenaissanceRe in a research note issued on Monday, August 10th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $8.59 per share for the quarter, down from their previous forecast of $8.87. The consensus estimate for RenaissanceRe’s current full-year earnings is $41.94 per share. Zacks Research also issued estimates for RenaissanceRe’s Q1 2027 earnings at $10.69 EPS, Q2 2027 earnings at $12.06 EPS, FY2027 earnings at $39.40 EPS, Q1 2028 earnings at $11.99 EPS, Q2 2028 earnings at $13.29 EPS and FY2028 earnings at $43.77 EPS.

A number of other brokerages have also recently weighed in on RNR. Keefe, Bruyette & Woods raised their price target on RenaissanceRe from $342.00 to $350.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Bank of America boosted their price target on RenaissanceRe from $410.00 to $438.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Wells Fargo & Company increased their price objective on RenaissanceRe from $306.00 to $329.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Evercore set a $330.00 price objective on RenaissanceRe in a research report on Thursday, July 23rd. Finally, Citigroup upgraded shares of RenaissanceRe from a “neutral” rating to a “buy” rating and upped their target price for the company from $335.00 to $345.00 in a report 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $336.33.

RenaissanceRe Price Performance

Shares of NYSE RNR opened at $318.06 on Tuesday. The company’s fifty day moving average is $311.92 and its two-hundred day moving average is $302.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a market capitalization of $13.22 billion, a P/E ratio of 5.46, a PEG ratio of 1.18 and a beta of 0.17. RenaissanceRe has a one year low of $231.17 and a one year high of $335.97.

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 Announces Dividend

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

Insiders Place Their Bets

In related news, EVP Robert Qutub sold 5,000 shares of RenaissanceRe stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $333.03, for a total value of $1,665,150.00. Following the completion of the transaction, the executive vice president directly owned 72,907 shares in the company, valued at approximately $24,280,218.21. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in RenaissanceRe during the 2nd quarter valued at about $1,319,724,000. Lightrock Netherlands B.V. boosted its position in shares of RenaissanceRe by 4,690.1% during the fourth quarter. Lightrock Netherlands B.V. now owns 1,017,508 shares of the insurance provider’s stock worth $286,083,000 after buying an additional 996,266 shares during the period. Orbis Allan Gray Ltd bought a new position in RenaissanceRe in the 4th quarter worth approximately $178,519,000. Norges Bank bought a new position in RenaissanceRe in the 4th quarter worth approximately $168,582,000. Finally, Egerton Capital UK LLP acquired a new stake in RenaissanceRe in the 4th quarter valued at approximately $137,944,000. 99.97% of the stock is currently owned by institutional investors.

RenaissanceRe Company Profile

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.