Renaissancere Holdings Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $199.7
- Today's High:
- $203.985
- Open Price:
- $200.46
- 52W Low:
- $127.2262
- 52W High:
- $222.9036
- Prev. Close:
- $199.94
- Volume:
- 352888
Company Statistics
- Market Cap.:
- $10.23 billion
- Book Value:
- 129.983
- Revenue TTM:
- $7.40 billion
- Operating Margin TTM:
- 11.44%
- Gross Profit TTM:
- $-787925000
- Profit Margin:
- 5.59%
- Return on Assets TTM:
- 1.38%
- Return on Equity TTM:
- 6.21%
Company Profile
Renaissancere Holdings Ltd had its IPO on 1995-07-26 under the ticker symbol RNR.
The company operates in the Financial Services sector and Insurance-Reinsurance industry. Renaissancere Holdings Ltd has a staff strength of 718 employees.
Stock update
Shares of Renaissancere Holdings Ltd opened at $200.46 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $199.7 - $203.99, and closed at $201.25.
This is a +0.66% increase from the previous day's closing price.
A total volume of 352,888 shares were traded at the close of the day’s session.
In the last one week, shares of Renaissancere Holdings Ltd have increased by +6.12%.
Renaissancere Holdings Ltd's Key Ratios
Renaissancere Holdings Ltd has a market cap of $10.23 billion, indicating a price to book ratio of 1.9185 and a price to sales ratio of 1.742.
In the last 12-months Renaissancere Holdings Ltd’s revenue was $7.40 billion with a gross profit of $-787925000 and an EBITDA of $-1415250944. The EBITDA ratio measures Renaissancere Holdings Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Renaissancere Holdings Ltd’s operating margin was 11.44% while its return on assets stood at 1.38% with a return of equity of 6.21%.
In Q2, Renaissancere Holdings Ltd’s quarterly earnings growth was a positive 121.6% while revenue growth was a positive 103.4%.
Renaissancere Holdings Ltd’s PE and PEG Ratio
- Forward PE
- 9.0744
- Trailing PE
- 25.4701
- PEG
- -3.13
Its diluted EPS in the last 12-months stands at $7.85 per share while it has a forward price to earnings multiple of 9.0744 and a PEG multiple of -3.13. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Renaissancere Holdings Ltd’s profitability.
Renaissancere Holdings Ltd stock is trading at a EV to sales ratio of 1.9566 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.742.
Renaissancere Holdings Ltd stock pays annual dividends of $1.5 per share, indicating a yield of 0.77% and a payout ratio of 10.06%.
Balance sheet and cash flow metrics
- Total Assets
- $41.40 billion
- Total Liabilities
- $3.78 billion
- Operating Cash Flow
- $-2496569000.00
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 10.06%
Renaissancere Holdings Ltd ended 2023 with $41.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $41.40 billion while shareholder equity stood at $7.40 billion.
Renaissancere Holdings Ltd ended 2023 with $0 in deferred long-term liabilities, $3.78 billion in other current liabilities, 51182000.00 in common stock, $4.79 billion in retained earnings and $0 in goodwill. Its cash balance stood at $943.94 million and cash and short-term investments were $7.32 billion. The company’s total short-term debt was $0 while long-term debt stood at $1.88 billion.
Renaissancere Holdings Ltd’s total current assets stands at $7.32 billion while long-term investments were $22.45 billion and short-term investments were $6.37 billion. Its net receivables were $11.69 billion compared to accounts payable of $3.78 billion and inventory worth $0.
In 2023, Renaissancere Holdings Ltd's operating cash flow was $-2496569000.00 while its capital expenditure stood at $0.
Comparatively, Renaissancere Holdings Ltd paid $0.10 in dividends in 2023.
Other key metrics
- Current Trading Price
- $201.25
- 52-Week High
- $222.9036
- 52-Week Low
- $127.2262
- Analyst Target Price
- $246
Renaissancere Holdings Ltd stock is currently trading at $201.25 per share. It touched a 52-week high of $222.9036 and a 52-week low of $222.9036. Analysts tracking the stock have a 12-month average target price of $246.
Its 50-day moving average was $189.96 and 200-day moving average was $195.22 The short ratio stood at 1.22 indicating a short percent outstanding of 0%.
Around 164.9% of the company’s stock are held by insiders while 8204.1% are held by institutions.
Frequently Asked Questions About Renaissancere Holdings Ltd
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About
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 and excess of loss reinsurance 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, 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, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. It also invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.