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Best Reinsurance Insurance Stocks to Buy Now (2024)
Top reinsurance insurance stocks in 2024 ranked by overall Zen Score. See the best reinsurance insurance stocks to buy now, according to analyst forecasts for the insurance - reinsurance industry.

Industry: Insurance - Reinsurance
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
EG
EVEREST GROUP LTD
$15.19B$350.97$444.4326.63%Buy78.99%0.84%23.99%6.47%
HG
HAMILTON INSURANCE GROUP LTD
$1.74B$17.04$22.3331.06%Buy68.73%3.86%24.27%7.13%
RNR
RENAISSANCERE HOLDINGS LTD
$13.77B$264.07$288.339.19%Buy96.24%-14.77%20.70%4.09%
SPNT
SIRIUSPOINT LTD
$2.16B$13.35N/AN/AN/AN/AN/AN/AN/AN/A
RGA
REINSURANCE GROUP OF AMERICA INC
$14.17B$215.10$226.505.30%Strong Buy140.94%29.96%15.92%1.47%
BNT
BROOKFIELD REINSURANCE LTD
$7.75B$53.28N/AN/AN/AN/AN/AN/AN/AN/A
GLRE
GREENLIGHT CAPITAL RE LTD
$476.84M$13.50N/AN/AN/AN/AN/AN/AN/AN/A
OXBR
OXBRIDGE RE HOLDINGS LTD
$16.78M$2.78N/AN/AN/AN/AN/AN/AN/AN/A
MHLD
MAIDEN HOLDINGS LTD
$155.65M$1.56N/AN/AN/AN/AN/AN/AN/AN/A

Reinsurance Insurance Stocks FAQ

What are the best reinsurance insurance stocks to buy right now in Nov 2024?

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

1. Everest Group (NYSE:EG)


Everest Group (NYSE:EG) is the top reinsurance insurance stock with a Zen Score of 61, which is 27 points higher than the reinsurance insurance industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Everest Group has seen its stock lose -12.78% over the past year, underperforming other reinsurance insurance stocks by -23 percentage points.

Everest Group has an average 1 year price target of $444.43, an upside of 26.63% from Everest Group's current stock price of $350.97.

Everest Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Everest Group, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hamilton Insurance Group (NYSE:HG)


Hamilton Insurance Group (NYSE:HG) is the second best reinsurance insurance stock with a Zen Score of 49, which is 15 points higher than the reinsurance insurance industry average of 34. It passed 16 out of 33 due diligence checks and has strong fundamentals.

Hamilton Insurance Group has an average 1 year price target of $22.33, an upside of 31.06% from Hamilton Insurance Group's current stock price of $17.04.

Hamilton Insurance Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Hamilton Insurance Group, 33.33% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Renaissancere Holdings (NYSE:RNR)


Renaissancere Holdings (NYSE:RNR) is the third best reinsurance insurance stock with a Zen Score of 47, which is 13 points higher than the reinsurance insurance industry average of 34. It passed 18 out of 38 due diligence checks and has strong fundamentals. Renaissancere Holdings has seen its stock return 16.35% over the past year, overperforming other reinsurance insurance stocks by 6 percentage points.

Renaissancere Holdings has an average 1 year price target of $288.33, an upside of 9.19% from Renaissancere Holdings's current stock price of $264.07.

Renaissancere Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Renaissancere Holdings, 44.44% have issued a Strong Buy rating, 0% have issued a Buy, 44.44% have issued a hold, while 11.11% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the reinsurance insurance stocks with highest dividends?

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:

1. Everest Group (NYSE:EG)


Everest Group (NYSE:EG) has an annual dividend yield of 2.14%, which is 1 percentage points higher than the reinsurance insurance industry average of 1.44%. 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 10.7% indicates that its dividend yield is sustainable for the long-term.

2. Reinsurance Group Of America (NYSE:RGA)


Reinsurance Group Of America (NYSE:RGA) has an annual dividend yield of 1.6%, which is the same as the reinsurance insurance industry average of 1.44%. 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.

3. Renaissancere Holdings (NYSE:RNR)


Renaissancere Holdings (NYSE:RNR) has an annual dividend yield of 0.59%, which is -1 percentage points lower than the reinsurance insurance industry average of 1.44%. 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 2.9% indicates that its dividend yield is sustainable for the long-term.

Why are reinsurance insurance stocks up?

Reinsurance insurance stocks were up 0.12% in the last day, and down -2.99% over the last week.

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

What are the most undervalued reinsurance insurance stocks?

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

1. Brookfield Asset Management Reinsurance (NYSE:BNT)


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 23 points higher than the reinsurance insurance industry average of 48. It passed 5 out of 7 valuation due diligence checks.

Brookfield Asset Management Reinsurance's stock has gained 74.52% in the past year. It has overperformed other stocks in the reinsurance insurance industry by 65 percentage points.

2. Greenlight Capital Re (NASDAQ:GLRE)


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 23 points higher than the reinsurance insurance industry average of 48. It passed 5 out of 7 valuation due diligence checks.

Greenlight Capital Re's stock has gained 18.42% in the past year. It has overperformed other stocks in the reinsurance insurance industry by 9 percentage points.

3. Siriuspoint (NYSE:SPNT)


Siriuspoint (NYSE:SPNT) is the third most undervalued reinsurance insurance stock based on WallStreetZen's Valuation Score. Siriuspoint has a valuation score of 71, which is 23 points higher than the reinsurance insurance industry average of 48. It passed 5 out of 7 valuation due diligence checks.

Siriuspoint's stock has gained 33.1% in the past year. It has overperformed other stocks in the reinsurance insurance industry by 23 percentage points.

Are reinsurance insurance stocks a good buy now?

75% of reinsurance insurance stocks rated by analysts are a buy right now. On average, analysts expect reinsurance insurance stocks to rise by 15.87% over the next year.

What is the average p/e ratio of the insurance - reinsurance industry?

The average P/E ratio of the insurance - reinsurance industry is 8.79x.
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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.