RenaissanceRe – A Brief Stock Analysis

By Emilio Sanchez • Tuesday, July 22 15:12 • Permanent Link

Shares of Property & Casualty Insurance company RenaissanceRe jumped 2.3% today. With many investors piling into RNR without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

RenaissanceRe has moved 2.7% over the last year, and the S&P 500 logged a change of 13.5%
Its trailing earnings per share (EPS) is $31.55
RenaissanceRe has a trailing 12 month Price to Earnings (P/E) ratio of 7.5 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $35.17 and its forward P/E ratio is 6.7
The company has a Price to Book (P/B) ratio of 1.21 in contrast to the S&P 500's average ratio of 4.74
RenaissanceRe is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
RNR has reported YOY quarterly earnings growth of -52.9% and gross profit margins of 0.2%
The company has a free cash flow of $1.67 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 contracts 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. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, transactional liability, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, construction, cyber, energy, marine, satellite, and terrorism. It distributes products and services primarily through intermediaries. The company invests in and manages funds. RenaissanceRe Holdings Ltd. was incorporated in 1993 and is headquartered in Pembroke, Bermuda.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.