Citigroup Raises Rating on RNR $RNR

Key Points

  • Citigroup now rates RenaissanceRe Holdings Ltd. ($RNR) "buy" with a $345.00 target.
  • The Street's average $RNR price target is $325.47 (Hold).
  • $RNR last traded around $300.88.

Citigroup raised its rating on RenaissanceRe Holdings Ltd. ($RNR) to a "buy" rating, with a price target of $345.00 in a recent research note.

RenaissanceRe Holdings Ltd. ($RNR) Stock

Last price$300.88
Market cap$12.83B
P/E ratio5.07
Forward P/E7.33
PEG ratio3.62
Beta0.19
52-week low$231.17
52-week high$318.20
50-day MA$299.10
200-day MA$278.22
Current ratio1.36
Quick ratio1.20
Debt-to-equity0.13

RenaissanceRe Holdings Ltd. Earnings

EPS (ttm)$59.33
Revenue (ttm)$11.59B
Revenue growth-36.6%
Net margin24.2%
Return on equity23.4%
Next earningsJul 29, 2026

RenaissanceRe Holdings Ltd. Dividend

Annual dividend$1.64
Dividend yield55.00%
Payout ratio2.7%
Ex-dividend dateJun 15, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$325.47
High target$401.00
Low target$277.00
Analysts covering15

About RenaissanceRe Holdings Ltd.

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 contracts 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. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, transactional liability, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, construction, cyber, energy, marine, satellite, and terrorism. The company distributes products and services primarily through intermediaries. It invests in and manages funds. RenaissanceRe Holdings Ltd. was incorporated in 1993 and is headquartered in Pembroke, Bermuda.

ExchangeNYSE
SectorFinancial Services
IndustryInsurance - Reinsurance
HeadquartersPembroke, Bermuda
CEOMr. Kevin Joseph O'Donnell
Employees1,040

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.