RenaissanceRe Holdings Ltd (NYSE: RNR) has a higher price-to-earnings ratio of 3.42x compared to its average ratio, The 36-month beta value for RNR is at 0.44. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for RNR is 49.61M, and currently, shorts hold a 3.43% of that float. The average trading volume for RNR on January 29, 2025 was 484.78K shares.
RNR) stock’s latest price update
RenaissanceRe Holdings Ltd (NYSE: RNR) has seen a decline in its stock price by -8.48 in relation to its previous close of 259.06. However, the company has experienced a -7.44% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-29 that RenaissanceRe Holdings shares gained 21% over the past year but fell 10% recently due to concerns about hurricane and wildfire losses. Despite strong earnings, RNR’s performance lagged the market, and ongoing catastrophe risks justify maintaining a “hold” rating. 2024’s catastrophe losses were higher but normalized, and 2025 is expected to be worse due to California wildfires.
RNR’s Market Performance
RenaissanceRe Holdings Ltd (RNR) has experienced a -7.44% fall in stock performance for the past week, with a -5.52% drop in the past month, and a -11.65% drop in the past quarter. The volatility ratio for the week is 2.10%, and the volatility levels for the past 30 days are at 1.94% for RNR. The simple moving average for the past 20 days is -6.28% for RNR’s stock, with a -3.77% simple moving average for the past 200 days.
Analysts’ Opinion of RNR
Many brokerage firms have already submitted their reports for RNR stocks, with Barclays repeating the rating for RNR by listing it as a “Underweight.” The predicted price for RNR in the upcoming period, according to Barclays is $234 based on the research report published on January 06, 2025 of the current year 2025.
Jefferies, on the other hand, stated in their research note that they expect to see RNR reach a price target of $282, previously predicting the price at $304. The rating they have provided for RNR stocks is “Hold” according to the report published on December 18th, 2024.
Barclays gave a rating of “Equal Weight” to RNR, setting the target price at $287 in the report published on September 05th of the previous year.
RNR Trading at -9.30% from the 50-Day Moving Average
After a stumble in the market that brought RNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.97% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares sank -5.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.95% lower at present.
During the last 5 trading sessions, RNR fell by -7.49%, which changed the moving average for the period of 200-days by +8.87% in comparison to the 20-day moving average, which settled at $252.98. In addition, RenaissanceRe Holdings Ltd saw -4.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RNR starting from Marra David E, who proposed sale 1,000 shares at the price of $254.16 back on Jan 15 ’25. After this action, Marra David E now owns shares of RenaissanceRe Holdings Ltd, valued at $254,160 using the latest closing price.
Marra David E, the EVP,Chief Underwriting Officer of RenaissanceRe Holdings Ltd, sale 1,000 shares at $254.16 during a trade that took place back on Jan 15 ’25, which means that Marra David E is holding 79,392 shares at $254,160 based on the most recent closing price.
Stock Fundamentals for RNR
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 1.0 for the gross margin
The net margin for RenaissanceRe Holdings Ltd stands at 0.29. The total capital return value is set at 0.13. Equity return is now at value 38.15, with 8.72 for asset returns.
Based on RenaissanceRe Holdings Ltd (RNR), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 2.01. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is 42.92.
Currently, EBITDA for the company is 3.28 billion with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 0.93for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.
Conclusion
In conclusion, RenaissanceRe Holdings Ltd (RNR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
