Shares of RenaissanceRe have moved 2.5% today, and are now trading at a price of $248.01. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 433,741 compared to the stock's average volume of 466,209.
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. Based in Pembroke, Bermuda the company has 925 full time employees and a market cap of $12,881,639,424. RenaissanceRe currently offers its equity investors a dividend that yields 0.6% per year.
The company is now trading -15.69% away from its average analyst target price of $294.18 per share. The 11 analysts following the stock have set target prices ranging from $246.0 to $410.0, and on average give RenaissanceRe a rating of hold.
Over the last 52 weeks, RNR stock has risen 24.4%, which amounts to a 0.7% difference compared to the S&P 500. The stock's 52 week high is $300.0 whereas its 52 week low is $190.89 per share. Based on RenaissanceRe's average net margin growth of 16.9% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 9,134,608 | 2,561,132 | 28 | 233.33 |
| 2022 | 5,060,412 | -1,061,203 | -21 | -2000.0 |
| 2021 | 5,277,709 | -40,155 | -1 | -106.67 |
| 2020 | 5,172,316 | 762,405 | 15 | -16.67 |
| 2019 | 4,201,954 | 748,798 | 18 | 63.64 |
| 2018 | 2,074,941 | 227,364 | 11 |
