Renaissancere Holdings is a reinsurance insurance company located in Bermuda, which is part of the Financial Services sector, and is traded under the ticker RNR on the NYSE exchange.
Renaissancere Holdings stock last closed at $264.07, up 0.64% from the previous day, and has increased 16.35% in one year. It has overperformed other stocks in the Insurance - Reinsurance industry by 0.06 percentage points. Renaissancere Holdings stock is currently +40.28% from its 52-week low of $188.24, and -7.14% from its 52-week high of $284.36.
As of Nov 1, 2024, there are 52.16M shares of RNR outstanding. The market value of RNR is $13.77B. In the last 24 hours, 382,567 RNR shares were traded.
How to Buy Renaissancere Holdings Stock
Not sure how to invest in Renaissancere Holdings stock? Here's how.
Choose where to buy Renaissancere Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Renaissancere Holdings stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your investment account: Choose your payment method and add your details.
Research Renaissancere Holdings stock: The Renaissancere Holdings ticker symbol is RNR. Is Renaissancere Holdings stock a good investment? Should you buy shares of RNR? How do RNR's underlying business fundamentals look? Do top analysts think Renaissancere Holdings is a good buy? Why has RNR's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if RNR is a good stock to buy).
Make your RNR buy order: Decide if you will purchase RNR shares at the current market price or use a limit order to buy RNR stock at a given price.
Track your investment in RNR: Create a watchlist to important updates regarding your investment in Renaissancere Holdings shares.
Step 1: Choose where to buy Renaissancere Holdings stock
You need an online brokerage account to access the NYSE market and buy RNR shares.
A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to invest in RNR stock today.
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Step 4: Research Renaissancere Holdings stock
After you have figured out the best place to buy Renaissancere Holdings stock, it's critical to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Renaissancere Holdings shares data
RNR Price
$264.07
1w %
-1.6%
1y %
16.35%
5y %
41.37%
P/E
5.04x
P/B
1.35x
P/S
1.31x
PEG
N/A
Revenue
$10.50B
Earnings
$2.63B
Fore. Rev. Growth
6.24%
Fore. Earn. Growth
-14.77%
Market Cap
$13.77B
Next Earnings
N/A
Next Dividend
N/A
RNR Overview
WallStreetZen was created to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on RNR's stock page.
Is RNR stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge RNR's true value.
Using relative valuations measures:
RNR could be undervalued based on its P/E ratio of 5.04x, relative to Insurance - Reinsurance industry P/E ratio of 8.79x
RNR may be overvalued based on its P/B ratio of 1.35x, relative to Insurance - Reinsurance industry P/B ratio of 1.12x
RNR earnings of $2.21B is not enough to cover its interest payments.
RNR's operating cash flow of $3.18B allows it to safely service it's debt of $1.96B.
RNR profit margin has gone up from 5.1% to 25% in the past year.
Signs that RNR is not financially healthy:
RNR has a relatively high debt to equity ratio of 3.44.
Total RNR debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy RNR stock, according to analysts?
Out of 9 Wall Street analysts who research RNR, the consensus analyst rating on Renaissancere Holdings is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest RNR Analyst Upgrades/Downgrades
Michael Ward, a top 4% analyst from Citigroup maintains RNR with a strong buy rating and raises their RNR price target from $262.00 to $298.00, on Sep 10, 2024.
Alex Scott, a top 15% analyst from Barclays initiates coverage on RNR with a hold rating and announces their RNR price target of $287.00, on Sep 4, 2024.
Michael Phillips, a bottom 8% analyst from Morgan Stanley maintains RNR with a hold rating and lowers their RNR price target from $257.00 to $240.00, on Jul 10, 2024.
Brian Meredith, a top 5% analyst from UBS maintains RNR with a hold rating and lowers their RNR price target from $251.00 to $248.00, on Jul 9, 2024.
Last year, RNR earnings were $2.63B. During the past 5 year, RNR's earnings have increased by 31.18% per year. This was slower than the Insurance - Reinsurance industry average of 38.68%.
Last year, RNR revenue was $10.50B. In the past five year, RNR's revenue has increased by 26.65% per year. This was slower than the Insurance - Reinsurance industry average of 54.25%.
Renaissancere Holdings pays a dividend of 0.59%, compared to the Insurance - Reinsurance industry's average dividend yield of 1.44%. If you owned $1,000 of RNR stock, you would have received $5.87 in the past 12 months.
Renaissancere Holdings dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Make your RNR buy order
There are two main order types:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are usually fine for most investors.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a specific price, place a limit order.
Hit the Open button and eToro will place your order.
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How much does it cost to buy one Renaissancere Holdings share?
As of Nov 1, 2024, it costs $264.07 to buy one share of Renaissancere Holdings stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.379 shares of RNR.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.