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Best Reinsurance Insurance Stocks to Buy Now (2024)

Top reinsurance insurance stocks in 2024 ranked by overall Due Diligence Score. See the best reinsurance insurance stocks to buy now, according to analyst forecasts for the insurance - reinsurance industry.

According to Due Diligence Score, the 3 best reinsurance insurance stocks to buy right now are:

Hamilton Insurance Group (NYSE:HG) is the top reinsurance insurance stock with a Due Diligence Score of 50, which is 19 points higher than the reinsurance insurance industry average of 31. It passed 17 out of 33 due diligence checks and has strong fundamentals. Hamilton Insurance Group has seen its stock return 26.65% over the past year, overperforming other reinsurance insurance stocks by 10 percentage points.

Hamilton Insurance Group has an average 1 year price target of $22.60, an upside of 18.02% from Hamilton Insurance Group's current stock price of $19.15.

Hamilton Insurance Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Hamilton Insurance Group, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Everest Group (NYSE:EG) is the second best reinsurance insurance stock with a Due Diligence Score of 49, which is 18 points higher than the reinsurance insurance industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Everest Group has seen its stock lose -5.77% over the past year, underperforming other reinsurance insurance stocks by -22 percentage points.

Everest Group has an average 1 year price target of $435.71, an upside of 18.35% from Everest Group's current stock price of $368.17.

Everest Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Everest Group, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Renaissancere Holdings (NYSE:RNR) is the third best reinsurance insurance stock with a Due Diligence Score of 43, which is 12 points higher than the reinsurance insurance industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Renaissancere Holdings has seen its stock return 35.32% over the past year, overperforming other reinsurance insurance stocks by 19 percentage points.

Renaissancere Holdings has an average 1 year price target of $292.80, an upside of 6.59% from Renaissancere Holdings's current stock price of $274.69.

Renaissancere Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Renaissancere Holdings, 40% have issued a Strong Buy rating, 10% have issued a Buy, 40% have issued a hold, while 10% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 3 reinsurance insurance stocks that have issued dividends in the past year, the 3 reinsurance insurance stocks with the highest dividend yields are:

Everest Group (NYSE:EG) has an annual dividend yield of 2.11%, which is 1 percentage points higher than the reinsurance insurance industry average of 1.43%. Everest Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Everest Group's dividend has shown consistent growth over the last 10 years.

Everest Group's dividend payout ratio of 11.7% indicates that its dividend yield is sustainable for the long-term.

Reinsurance Group Of America (NYSE:RGA) has an annual dividend yield of 1.62%, which is the same as the reinsurance insurance industry average of 1.43%. Reinsurance Group Of America's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Reinsurance Group Of America's dividend has shown consistent growth over the last 10 years.

Reinsurance Group Of America's dividend payout ratio of 31.1% indicates that its dividend yield is sustainable for the long-term.

Renaissancere Holdings (NYSE:RNR) has an annual dividend yield of 0.56%, which is -1 percentage points lower than the reinsurance insurance industry average of 1.43%. Renaissancere Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Renaissancere Holdings's dividend has shown consistent growth over the last 10 years.

Renaissancere Holdings's dividend payout ratio of 2.2% indicates that its dividend yield is sustainable for the long-term.

Reinsurance insurance stocks were down -1.41% in the last day, and down -4.25% over the last week.

We couldn't find a catalyst for why reinsurance insurance stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued reinsurance insurance stocks right now are:

Brookfield Asset Management Reinsurance (NYSE:BNT) is the most undervalued reinsurance insurance stock based on WallStreetZen's Valuation Score. Brookfield Asset Management Reinsurance has a valuation score of 71, which is 28 points higher than the reinsurance insurance industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Brookfield Asset Management Reinsurance's stock has gained 63.27% in the past year. It has overperformed other stocks in the reinsurance insurance industry by 47 percentage points.

Greenlight Capital Re (NASDAQ:GLRE) is the second most undervalued reinsurance insurance stock based on WallStreetZen's Valuation Score. Greenlight Capital Re has a valuation score of 71, which is 28 points higher than the reinsurance insurance industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Greenlight Capital Re's stock has gained 33.72% in the past year. It has overperformed other stocks in the reinsurance insurance industry by 18 percentage points.

Everest Group (NYSE:EG) is the third most undervalued reinsurance insurance stock based on WallStreetZen's Valuation Score. Everest Group has a valuation score of 57, which is 14 points higher than the reinsurance insurance industry average of 43. It passed 4 out of 7 valuation due diligence checks.

Everest Group's stock has dropped -5.77% in the past year. It has underperformed other stocks in the reinsurance insurance industry by -22 percentage points.