6 stories mentioning RNRUpdated 14d ago
Every FINWIRES story that references RNR, newest first.
RenaissanceRe (RNR) shares rose 4.2% in Wednesday afternoon trading after Citigroup upgraded the stock to buy from neutral and raised the price target to $345 from $335.Trading volume stood at about 421,000 shares, compared with a daily average of over 345,000.Price: $294.51, Change: $+11.77, Percent Change: +4.16%
RenaissanceRe (RNR) has an average rating of hold and mean price target of $319.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Carol P Sanders, Director, on May 18, 2026, sold 1,479 shares in Renaissancere Holdings (RNR) for $439,788. Following the Form 4 filing with the SEC, Sanders has control over a total of 5,762 common shares of the company, with 5,762 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/913144/000134348626000004/xslF345X05/wk-form4_1779221882.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price of $340, 8.3x our 2027 operating EPS of $41.20 and 8.4x our 2026 EPS of $40.56 (raised by $3.21), versus the three-year average forward multiple of 8.1x and a peer average of 9x. RNR posted Q1 operating EPS of $13.75 versus an operating loss of $1.49 a year ago, beating our $7.54 estimate and the $11.22 consensus on improved underwriting profitability. Operating revenues declined 17% Y/Y to $2.6B, lagging our forecast, reflecting a nearly 20% drop in earned premiums. Underwriting results improved with Q1 underwriting profit of $588.8M vs. a $770.6M loss, with the combined ratio improving to 73.0% from 128.3%. Net written premiums declined over 22% in Q1 to under $2.7B, as RNR trims underwriting amid softening prices. We don't see the Q1 production (or lack thereof) as a run rate, but we lower our revenue forecast to flat to down 7% in 2026. At current levels, the shares trade at 7.4x our 2026 EPS, below our target valuation and undervalued vs. peer and historical averages.
RenaissanceRe Holdings (RNR) has an average rating of hold and mean price target of $319.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:RNR posted Q1 operating EPS of $13.75 versus an operating loss of $1.49 a year ago, significantly beating our $7.54 estimate and the $11.22 consensus on improved underwriting profitability. Operating revenues declined 17% to $2.6B, lagging our forecast, primarily reflecting a nearly 20% drop in earned premiums. Underwriting results improved significantly with Q1 underwriting profit of $588.8M versus a $770.6M loss, and the combined ratio improved to 73.0% from 128.3%. Management noted the firm continues to "shape the underwriting portfolio to deliver superior returns" by deploying additional limit into property catastrophe business. Net written premiums declined over 22% in Q1 to under $2.7B. RNR repurchased $352.5M of shares in Q1 and $1.6B in 2025, reducing share count by 12.8%. Tangible book value grew to $263.58/share from $206.79 a year ago. At current levels, shares trade at about 1.2x tangible book value, in line with the peer group average range of 0.8x-1.4x.
