Zacks Research Expects Reduced Earnings for RenaissanceRe

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of RenaissanceRe in a report released on Tuesday, February 17th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $10.86 for the quarter, down from their prior estimate of $11.44. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2026 earnings at $11.07 EPS, Q3 2026 earnings at $4.62 EPS, Q1 2027 earnings at $11.90 EPS, Q2 2027 earnings at $12.22 EPS, Q4 2027 earnings at $11.26 EPS and FY2027 earnings at $41.00 EPS.

Several other equities analysts have also commented on RNR. BMO Capital Markets reiterated an “outperform” rating and issued a $303.00 price target on shares of RenaissanceRe in a research note on Friday, December 5th. Cantor Fitzgerald increased their target price on shares of RenaissanceRe from $252.00 to $282.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Citigroup lifted their price target on shares of RenaissanceRe from $328.00 to $333.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of RenaissanceRe in a research note on Monday, December 29th. Finally, Wall Street Zen raised RenaissanceRe from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Four equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $309.60.

RenaissanceRe Trading Down 1.4%

RNR opened at $299.79 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.43 and a current ratio of 1.43. RenaissanceRe has a one year low of $219.00 and a one year high of $315.88. The company has a market cap of $13.04 billion, a P/E ratio of 5.29, a PEG ratio of 0.74 and a beta of 0.24. The business’s 50-day simple moving average is $282.54 and its 200-day simple moving average is $262.75.

RenaissanceRe (NYSE:RNR) last posted its earnings results on Tuesday, February 3rd. The insurance provider reported $13.34 EPS for the quarter, beating the consensus estimate of $10.59 by $2.75. The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $1.73 billion. RenaissanceRe had a return on equity of 18.29% and a net margin of 20.88%.RenaissanceRe’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.06 earnings per share.

RenaissanceRe Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.64 annualized dividend and a dividend yield of 0.5%. This is an increase from RenaissanceRe’s previous quarterly dividend of $0.40. RenaissanceRe’s payout ratio is 2.82%.

Insider Activity at RenaissanceRe

In other RenaissanceRe news, EVP Robert Qutub sold 5,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $305.75, for a total transaction of $1,528,750.00. Following the transaction, the executive vice president directly owned 73,023 shares in the company, valued at approximately $22,326,782.25. This represents a 6.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On RenaissanceRe

Large investors have recently added to or reduced their stakes in the business. Lightrock Netherlands B.V. raised its stake in RenaissanceRe by 4,690.1% in the 4th quarter. Lightrock Netherlands B.V. now owns 1,017,508 shares of the insurance provider’s stock valued at $286,083,000 after purchasing an additional 996,266 shares during the last quarter. Orbis Allan Gray Ltd acquired a new position in shares of RenaissanceRe during the 4th quarter valued at about $178,519,000. Norges Bank purchased a new position in shares of RenaissanceRe during the 4th quarter worth about $168,582,000. Egerton Capital UK LLP acquired a new position in RenaissanceRe during the fourth quarter worth approximately $137,944,000. Finally, GQG Partners LLC purchased a new position in RenaissanceRe during the fourth quarter worth approximately $108,780,000. 99.97% of the stock is owned by institutional investors and hedge funds.

RenaissanceRe Company Profile

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.

The company operates through two primary segments: Reinsurance and Insurance.