A share price of RenaissanceRe Holdings Ltd [RNR] is currently trading at $240.92, up 2.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RNR shares have gain 1.06% over the last week, with a monthly amount drifted -3.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
RenaissanceRe Holdings Ltd [NYSE: RNR] stock has seen the most recent analyst activity on January 06, 2025, when Barclays downgraded its rating to a Underweight and also revised its price target to $234 from $284. Previously, Jefferies downgraded its rating to Hold on December 18, 2024, and dropped its price target to $282. On September 05, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $287 on the stock. TD Cowen started tracking the stock assigning a Market Perform rating. Evercore ISI started tracking with a Underperform rating for this stock on December 14, 2023, and assigned it a price target of $200. In a note dated November 22, 2023, Citigroup initiated an Buy rating and provided a target price of $251 on this stock.
RenaissanceRe Holdings Ltd experienced fluctuations in its stock price throughout the past year between $208.98 and $300.00. Currently, Wall Street analysts expect the stock to reach $300 within the next 12 months. RenaissanceRe Holdings Ltd [NYSE: RNR] shares were valued at $240.92 at the most recent close of the market. An investor can expect a potential return of 24.52% based on the average RNR price forecast.
Analyzing the RNR fundamentals
Trailing Twelve Months sales for RenaissanceRe Holdings Ltd [NYSE:RNR] were 11.60B which represents -31.16% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.36 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 237.04 points at the first support level, and at 233.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 242.88, and for the 2nd resistance point, it is at 244.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for RenaissanceRe Holdings Ltd [NYSE:RNR] is 0.70. Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 6.88.
Transactions by insiders
Recent insider trading involved Marra David E, Officer, that happened on Jan 15 ’25 when 1000.0 shares were purchased. EVP,Chief Underwriting Officer, Marra David E completed a deal on Jan 15 ’25 to sell 1000.0 shares. Meanwhile, Director Klehm Henry III sold 1747.0 shares on Nov 18 ’24.
