Analysts Offer Predictions for RenaissanceRe FY2026 Earnings

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Equities researchers at Cantor Fitzgerald boosted their FY2026 earnings per share estimates for RenaissanceRe in a research note issued to investors on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now anticipates that the insurance provider will post earnings per share of $34.52 for the year, up from their previous estimate of $34.33. Cantor Fitzgerald currently has a “Hold” rating on the stock. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share.

RenaissanceRe (NYSE:RNR) last announced its quarterly earnings results on Wednesday, July 23rd. The insurance provider reported $12.29 EPS for the quarter, beating the consensus estimate of $10.28 by $2.01. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.96 billion. RenaissanceRe had a return on equity of 15.00% and a net margin of 15.44%.The business’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $12.41 earnings per share.

RNR has been the subject of a number of other reports. Cowen reiterated a “hold” rating on shares of RenaissanceRe in a report on Tuesday. Barclays set a $278.00 target price on shares of RenaissanceRe in a report on Wednesday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $303.00 target price on shares of RenaissanceRe in a report on Thursday. Wells Fargo & Company boosted their target price on shares of RenaissanceRe from $269.00 to $278.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Evercore ISI set a $244.00 target price on shares of RenaissanceRe and gave the stock an “in-line” rating in a report on Wednesday, October 1st. Four investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $285.55.

RenaissanceRe Stock Performance

Shares of RenaissanceRe stock opened at $260.19 on Friday. The company has a market capitalization of $12.25 billion, a PE ratio of 6.65, a P/E/G ratio of 2.40 and a beta of 0.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.36 and a current ratio of 1.36. The company has a 50-day simple moving average of $246.33 and a two-hundred day simple moving average of $243.21. RenaissanceRe has a one year low of $219.00 and a one year high of $300.00.

RenaissanceRe Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. RenaissanceRe’s payout ratio is presently 4.09%.

Institutional Investors Weigh In On RenaissanceRe

A number of large investors have recently modified their holdings of RNR. Price T Rowe Associates Inc. MD boosted its position in RenaissanceRe by 37.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,496,035 shares of the insurance provider’s stock valued at $599,049,000 after buying an additional 676,125 shares during the last quarter. Norges Bank purchased a new stake in RenaissanceRe in the second quarter valued at approximately $139,543,000. Nuveen LLC purchased a new stake in RenaissanceRe in the first quarter valued at approximately $54,087,000. Cooke & Bieler LP boosted its position in RenaissanceRe by 18.0% in the first quarter. Cooke & Bieler LP now owns 1,247,742 shares of the insurance provider’s stock valued at $299,458,000 after buying an additional 190,139 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in RenaissanceRe by 152.5% in the second quarter. JPMorgan Chase & Co. now owns 239,330 shares of the insurance provider’s stock valued at $58,136,000 after buying an additional 144,547 shares during the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.

RenaissanceRe Company Profile

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S.