Expert Outlook: RenaissanceRe Holdings Through The Eyes Of 9 Analysts

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During the last three months, 9 analysts shared their evaluations of RenaissanceRe Holdings RNR, revealing diverse outlooks from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 4 3 2 0
Last 30D 0 1 0 0 0
1M Ago 0 2 1 1 0
2M Ago 0 0 1 0 0
3M Ago 0 1 1 1 0

In the assessment of 12-month price targets, analysts unveil insights for RenaissanceRe Holdings, presenting an average target of $279.89, a high estimate of $318.00, and a low estimate of $234.00. Highlighting a 2.7% decrease, the current average has fallen from the previous average price target of $287.67.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive RenaissanceRe Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Elyse Greenspan Wells Fargo Lowers Overweight $277.00 $288.00
Elyse Greenspan Wells Fargo Lowers Overweight $288.00 $301.00
Meyer Shields Keefe, Bruyette & Woods Raises Outperform $318.00 $310.00
Alex Scott Barclays Lowers Underweight $234.00 $287.00
Jimmy Bhullar JP Morgan Raises Neutral $284.00 $280.00
Yaron Kinar Jefferies Lowers Hold $282.00 $304.00
Meyer Shields Keefe, Bruyette & Woods Lowers Outperform $310.00 $316.00
Jimmy Bhullar JP Morgan Raises Neutral $280.00 $274.00
David Motemaden Evercore ISI Group Raises Underperform $246.00 $229.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to RenaissanceRe Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of RenaissanceRe Holdings compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of RenaissanceRe Holdings's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of RenaissanceRe Holdings's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on RenaissanceRe Holdings analyst ratings.

All You Need to Know About RenaissanceRe Holdings

RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty and specialty reinsurance. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.

RenaissanceRe Holdings's Financial Performance

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Negative Revenue Trend: Examining RenaissanceRe Holdings's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a decline of approximately -42.57% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: RenaissanceRe Holdings's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -8.71%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): RenaissanceRe Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -1.95%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): RenaissanceRe Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.38%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: RenaissanceRe Holdings's debt-to-equity ratio is below the industry average at 0.19, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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