Mid-cap Finance company RenaissanceRe has moved -3.9% so far today on a volume of 519,050, compared to its average of 440,238. In contrast, the S&P 500 index moved 1.0%.
RenaissanceRe trades -22.58% away from its average analyst target price of $249.67 per share. The 9 analysts following the stock have set target prices ranging from $216.0 to $287.0, and on average have given RenaissanceRe a rating of buy.
If you are considering an investment in RNR, you'll want to know the following:
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RenaissanceRe's current price is -39.1% below its Graham number of $317.25, which implies the stock has a margin of safety
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RenaissanceRe has moved 12.1% over the last year, and the S&P 500 logged a change of 20.8%
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Based on its trailing earnings per share of 30.46, RenaissanceRe has a trailing 12 month Price to Earnings (P/E) ratio of 6.3 while the S&P 500 average is 15.97
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RNR has a forward P/E ratio of 6.0 based on its forward 12 month price to earnings (EPS) of $32.13 per share
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The company has a price to earnings growth (PEG) ratio of 0.09 — a number near or below 1 signifying that RenaissanceRe is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.45 compared to its sector average of 1.58
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RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally.
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Based in Pembroke, the company has 718 full time employees and a market cap of $10.15 Billion. RenaissanceRe currently returns an annual dividend yield of 0.8%.