Zacks Research Expects Increased Earnings for RenaissanceRe

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Equities research analysts at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of RenaissanceRe in a report issued on Tuesday, February 17th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $36.34 for the year, up from their prior forecast of $36.29. 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 Q4 2026 earnings at $9.78 EPS, Q3 2027 earnings at $5.62 EPS and FY2028 earnings at $42.80 EPS.

RenaissanceRe (NYSE:RNR) last announced its quarterly earnings data 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 business had revenue of $2.97 billion during 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%.The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter last year, the firm posted $8.06 earnings per share.

Several other research firms also recently weighed in on RNR. Barclays upped their price target on RenaissanceRe from $278.00 to $304.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 8th. Mizuho increased their price target on RenaissanceRe from $277.00 to $313.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Wall Street Zen upgraded shares of RenaissanceRe from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. JPMorgan Chase & Co. boosted their price objective on RenaissanceRe from $303.00 to $329.00 and gave the company a “neutral” rating in a research note on Wednesday, January 7th. Finally, Evercore boosted their price objective on RenaissanceRe from $283.00 to $291.00 and gave the company an “in-line” rating in a research report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $309.60.

RenaissanceRe Stock Down 0.3%

Shares of RenaissanceRe stock opened at $298.96 on Friday. RenaissanceRe has a 1 year low of $219.00 and a 1 year high of $315.88. The firm has a market cap of $13.00 billion, a price-to-earnings ratio of 5.27, a PEG ratio of 0.74 and a beta of 0.24. The company has a 50-day moving average of $283.08 and a 200 day moving average of $263.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 1.43.

RenaissanceRe Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 0.5%. This is a boost from RenaissanceRe’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, March 13th. RenaissanceRe’s dividend payout ratio (DPR) is currently 2.82%.

Insider Activity

In other news, EVP Robert Qutub sold 5,000 shares of RenaissanceRe stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $305.75, for a total value of $1,528,750.00. Following the completion of the transaction, the executive vice president owned 73,023 shares in the company, valued at approximately $22,326,782.25. The trade was a 6.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On RenaissanceRe

Institutional investors and hedge funds have recently bought and sold shares of the company. Lightrock Netherlands B.V. raised its position in shares of 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 worth $286,083,000 after acquiring an additional 996,266 shares in the last quarter. Orbis Allan Gray Ltd purchased a new stake in shares of RenaissanceRe during the fourth quarter valued at about $178,519,000. Norges Bank bought a new stake in shares of RenaissanceRe in the 4th quarter valued at about $168,582,000. Egerton Capital UK LLP bought a new stake in shares of RenaissanceRe in the 4th quarter valued at about $137,944,000. Finally, GQG Partners LLC bought a new position in shares of RenaissanceRe during the 4th quarter worth approximately $108,780,000. 99.97% of the stock is owned by institutional investors.

Key Headlines Impacting RenaissanceRe

Here are the key news stories impacting RenaissanceRe this week:

• Positive Sentiment: Zacks raised longer‑term and some full‑year targets — notable upgrades include FY2027 to $41.00 (from $40.25), FY2026 to $36.34 (slightly up), and FY2028 to $42.80 — signaling an improved multi‑year earnings outlook that could support valuation expansion. Zacks estimate upgrades
• Positive Sentiment: Zacks also increased several upcoming quarter forecasts (examples: Q4 2026 to $9.78 from $8.62; Q3 2026 to $4.62 from $4.52; Q4 2027 to $11.26), which may be viewed as positive for near‑to‑mid term earnings visibility. Zacks quarterly upgrades
• Neutral Sentiment: Zacks kept a “Hold” rating on RNR and left the consensus current full‑year estimate contextually unchanged (the street consensus referenced is $26.04 FY). That maintains an overall neutral analyst stance despite the estimate tinkering. Zacks rating
• Negative Sentiment: Zacks cut several near‑term quarterly estimates — including Q1 2026 (11.44 → 10.86), Q2 2026 (11.71 → 11.07), Q1 2027 (12.31 → 11.90) and Q2 2027 (12.46 → 12.22). Those downgrades can pressure short‑term sentiment and help explain the intraday share weakness. Zacks quarterly cuts

About RenaissanceRe

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.