According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best reinsurance insurance stocks to buy right now are:
1. Greenlight Capital Re (NASDAQ:GLRE)
The Component Grade breakdown for Greenlight Capital Re (NASDAQ:GLRE) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Greenlight Capital Re (NASDAQ:GLRE) has a Due Diligence Score of 36, which is 3 points higher than the reinsurance insurance industry average of 33.
GLRE passed 11 out of 33 due diligence checks and has average fundamentals. Greenlight Capital Re has seen its stock return 38.65% over the past year, overperforming other reinsurance insurance stocks by 20 percentage points.
2. Renaissancere Holdings (NYSE:RNR)
The Component Grade breakdown for Renaissancere Holdings (NYSE:RNR) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Renaissancere Holdings (NYSE:RNR) has a Due Diligence Score of 39, which is 6 points higher than the reinsurance insurance industry average of 33.
RNR passed 14 out of 38 due diligence checks and has average fundamentals. Renaissancere Holdings has seen its stock return 33.21% over the past year, overperforming other reinsurance insurance stocks by 14 percentage points.
Renaissancere Holdings has an average 1 year
price target of $328.92, an upside of 5.15% from Renaissancere Holdings's current stock price of $312.80.
Renaissancere Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Renaissancere Holdings, 16.67% have issued a Strong Buy rating, 0% have issued a Buy, 83.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Siriuspoint (NYSE:SPNT)
Siriuspoint (NYSE:SPNT) is the #3 top reinsurance insurance stock out of 8 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Siriuspoint (NYSE:SPNT) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Siriuspoint (NYSE:SPNT) has a Due Diligence Score of 27, which is -6 points lower than the reinsurance insurance industry average of 33. Although this number is below the industry average, our proven quant model rates SPNT as a "B".
SPNT passed 9 out of 33 due diligence checks and has average fundamentals. Siriuspoint has seen its stock return 46.03% over the past year, overperforming other reinsurance insurance stocks by 27 percentage points.